Liverpool again Sydney's weekend cheapest

Liverpool again Sydney's weekend cheapest
Liverpool again Sydney's weekend cheapest

Sydney's cheapest weekend auction sale was a two bedroom unit located within minutes of Liverpool CBD and Liverpool Train Station.

"The unit is in desperate need of TLC and would be an ideal opportunity for a renovator or investor," the marketing indicated.

The second floor unit with single garage and balcony area fetched $344,000.

The unit had internal area of 58 sqm.

It was offered through Ray White agent Fabio Screpis. It was among three weekend Liverpool sales under $400,000, and the only sales across Sydney at that price level.

The block's three most recent sales were $310,000, $300,000 and $290,000.

Sydney's most affordable property reported sold on the first weekend of spring was also 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 on September 5.

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Sydney Home Affordability

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