Northam, WA mortgagee home sold for $111,000 loss

Northam, WA mortgagee home sold for $111,000 loss
Northam, WA mortgagee home sold for $111,000 loss

A Northam, West Australia mortgagee house has sold for $60,000.

The sale represents a loss of $111,000 compared to the previous sale price, a 60% reduction in value.

Lui Marcelli of Country Real Estate marketed the property.

Situated at 24 Charles Street, the abode consists of a three bedroom one bathroom house.

Set on 556 sqm, the home comprises 120 sqm of internal space.

Last sold in 2009, the house transacted for $171,000.

The 1950 built home was offered with an asking price of $85,000.

Northam, WA mortgagee home sold for 1,000 loss

The median price for a house in Northam is $222,500 according to CoreLogic.

Tags: 
Mortgagee Sale Northam

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