Two bedroom Mooroobool unit sold for $50,000 loss by mortgagee
Staff reporterDecember 7, 2020
A two bedroom unit in Mooroobool, a suburb in Qld, has been sold by its mortgagee for $190,000 late last year.
It has seen a loss of $47,000 from its 2007 sale price of $237,000.
Ray Murphy of RE Max sold the property.
Located at 308/22-24 Ward Street the two bedroom one bathroom home is Situated in a modern gated complex offering resort style facilities such as a pool and gym.
Set on 123 sqm the property was sold at auction after 27 days on the market.
The suburb's median house price sits at $371,500 according to CoreLogic, who calculate its annual change in median price over the past 10 years as -2.6%.
Its median days on market currently sits at 57 days.