Blackburn, Vic mortgagee home sold for $300,000 off original listing

Blackburn, Vic mortgagee home sold for $300,000 off original listing
Blackburn, Vic mortgagee home sold for $300,000 off original listing

A mortgagee's Blackburn house has been sold after more than two years and two unsuccessful auctions.

Originally listed for $1.35 million - 1.485 million the four bedroom two bathroom home was passed in at an October 2017 auction.

The second unsuccessful auction took place in July 2018, the property had an price guide of $1.1 million - $1.2 million.

Situated at 2/7 Langtree Court, the home sold at a February 23 auction for $1.16 million.

Set on 252 sqm, the one story house is near new with construction completed in 2017.

Patrick and Rupa Mane of Raine & Horne Blackburn sold the property.

Blackburn, Vic mortgagee home sold for 0,000 off original listing

The median price for a home in Blackburn is $1.31 million according to CoreLogic, which calculate its annual change in median price over the past 10 years as 7.7%.

Tags: 
Blackburn Mortgagee Sale

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?