Mount Isa home sold by mortgagee for half last sale price

Mount Isa home sold by mortgagee for half last sale price
Mount Isa home sold by mortgagee for half last sale price

A four bedroom, one bathroom Mount Isa house has been sold by its mortgagee.

Located at 5 Mill Crescent, Mount Isa the home sold for $140,000 after 66 days on the market.

Last sold in 2012 for $278,000 after spending 590 days on the market without success, the late 2018 sale was just over half that 2012 price.

Prior to that it had sold in 1999 for $93,000.

The home features front and back verandas accessed via sliding glass doors.

Set on a 705 sqm block the property is fully fenced.

It was sold by City and Country agents, John and Kieran Tully.

Situated in the suburb of Pioneer, the median price for a home in Pioneer is $151,000, according to CoreLogic data.

Tags: 
Mt Isa Mortgagee Sale

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