Collie, WA mortgagee home sold at substantial discount on initial asking price

Collie, WA mortgagee home sold at substantial discount on initial asking price
Collie, WA mortgagee home sold at substantial discount on initial asking price

A Collie, West Australia mortgagee home has sold for $202,500 after seeing significant reductions to the asking price.

From 2016 - 2018 the home was for sale, not as a mortgagee, originally seeking $330,000 which was reduced eventually to $269,000 over the life of the listing.

In this most recent campaign Val Bronickis of Elders marketed the home as a mortgagee sale seeking $235,000 which was later reduced to $200,000.

Situated at 2/60 Venn Street, the townhouse was built in 2010.

Set on 423 sqm, it is a three bedroom two bathroom abode.

The home was listed as a rental first in 2013 seeking $400/pw. 

This asking price was reduced multiple times, and the during the most recent rental campaign, the vendors sought $325/pw in 2017.

Collie, WA mortgagee home sold at substantial discount on initial asking price

The median price for a house in Collie is $145,000, according to CoreLogic data.

Tags: 
Mortgagee Sale Collie

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