Elwood apartments top and tail REIV results

Elwood apartments topped and tailed REIV weekly auction and private treaty results.
The $235,000 Elwood flat at 6/6 Cyril Street (above) had last sold in 2008 at $195,000 and $220,000 in 2001.
It had been a $230 weekly rental when advertised earlier this year, reflecting a five percent rental yield.
Woodards Real Estate had been quoting $195,000 to $210,000 for the 1970s one bedder.
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