Two bedroom Mooroobool unit sold for $50,000 loss by mortgagee

Two bedroom Mooroobool unit sold for $50,000 loss by mortgagee
Two bedroom Mooroobool unit sold for $50,000 loss by mortgagee

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.

Tags: 
Mortgagee Sale Mooroobool

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