Devon Meadows, Victoria mortgagee acreage sold for $180,000 below asking price

Devon Meadows, Victoria mortgagee acreage sold for $180,000 below asking price
Devon Meadows, Victoria mortgagee acreage sold for $180,000 below asking price

A Devon Meadows, Victoria acreage home has been sold for $781,000.

The home spent over 5 years on market seeking $950,000 before being taken off market and relisted as a mortgagee.

It then sold at auction after a one month marketing campagn.

Matt Dewan and Brent Day of Obrien Real estate marketed the property.

Situated at 144-146 Craig Road, the home sits on 2.1 acres (8,247 sqm).

A three bedroom, one bathroom abode is positioned on the holding.

The property last traded for $410,500 in 2008.

It is located a short drive to Cranbourne and according to the listing, "it is an opportunity with options to renovate the existing home or start fresh & build your dream home on this beautiful piece of land (subject to council approval)."

Devon Meadows, Victoria mortgagee acreage sold for 0,000 below asking price

The median sale price for a home in Devon Meadows is $644,000 according to the latest CoreLogic data.

Tags: 
Mortgagee Sale Devon Meadows

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