Concord hits new heights with new suburb record for seven bedroom mansion
A three storey, seven bedroom Concord mansion, with a very long lap pool, set a record price for the Sydney suburb on the weekend.
No. 11 Ludgate Street, Concord was sold for $2.79 million, some $90,000 above the $2.7 million reserve through listing agent Joseph Georges from Georges Ellis & Co.
Bidding opening at $2.3 million with a crowd 10 registered bidders amid the 150 people at the 1.30pm auction. Sold to a local family, the agents had been initially advising $2.45 million plus.
The 700 square metre block had cost $1,305,000 in 2010 for the owner builder.
Ludgate St, Concord had another sale on the weekend with No.13 selling later Saturday afternoon for $2.28 million, but it's sale was marked down by most to the successful piggybacking the neighbouring auction.
The Sidney Koh-designed house had been for sale since June last year, with an auction sign posted soon after 11's went up.
Property Observer gleans the Concord record was for the five-bedroom home at 7 Links Avenue at $2.61 million last November.