Sydney's weekend cheapest, but big bounce back for Canley Vale offering

The most affordable Sydney property reported sold at the weekend was a two bedroom unit on Equity Place at Canley Vale (building pictured above).

It sold for $307,000 through Century 21 Southwest Fairfield agent Nick Dilles to an owner occupier.

It last sold at $175,000 in 2009, having sold for even more in boom time 2004 at $195,000.

It was available for rent at a $260 asking rent of a week in 2011. It was most recently rented at $290 a week.

"It was a second floor unit in a modern block with great long term tenants on an expired lease," Dilles told Property Observer.

It had two large bedrooms, large lounge/ dining area, eat-in kitchen, internal laundry, plus one bathroom.

The most expensive property reported sold at auction at the weekend was a three bedroom home at 27 Riverside Drive, Sans Souci (pictured below) that sold for $2,700,000 by Raine and Horne Sans Souci. 

The 873 square metre waterfront reserve block sits opposite the water.