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.