Gosnells, WA mortgagee home listed for $130,000 reduction in value

A Gosnells, West Australia home has been listed as a mortgagee sale for $250,000, following an unusuccessful two year campaign.

Originally listed for $399,000 to $439,000 during the 2017-2019 marketing campaign, it is now being offered for $250,000.

Rick Rispoli of LJ Hooker is marketing the three bedroo, two bathroom house.

Situated at 22A Bert Street, the home last sold for $380,000 in 2015.

Set on 935 sqm, the listing described the home as "suited for the savvy investor/developer" as it is zoned R30/R40.

Built in 1956, the home was listed as a rental seeking $220/pw in 2018.

The median price for a house in Gosnells is $276,000, according to CoreLogic data.