Sydney's most affordable at $355,000 in Liverpool

Sydney's most affordable at $355,000 in Liverpool
Sydney's most affordable at $355,000 in Liverpool

Sydney's most affordable property reported sold at the weekend was a two-bedroom unit at 19/60-62 Speed Street, Liverpool sold for $355,000 through Prudential Liverpool.

Agent Simon Perri was quoting $320,000 plus.

Sales this year in the block had hit $350,000.

The likely rent by the investor buyer is estimated at between $300 and $320 a week.

There were four registered bidders, with it sold soon after auction.

Liverpool had three of the eight sub-$500,000 weekend sales.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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