Montmorency, Victoria mortgagee home sold above price guide
A Montmorency, Victoria mortagee home has sold for $913,000 at auction last month.
It went to auction with a price guide of $790,000 - $850,000.
Selling for this price represents a significant increase in value on its 2006 sale price of $340,000.
Daniel Leibowitz and Max Jones of Darren Jones marketed the three bedroom two bathroom house.
Situated at 23A Airlie Road, the home is set on a 706 sqm block.
The abode was built in 1950 and is according to the listing, "mostly original."
The median price for a house in Montmorency is $834,000 according to CoreLogic data.
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