Alkimos mortgagee home sold for $120,000 loss

Alkimos mortgagee home sold for $120,000 loss
Staff reporterDecember 7, 2020

A three bedroom Alkimos mortgagee home has been sold for $290,000.

This is a marked $119,000 reduction on its 2014 sale price of $409,000.

Brett White and Cristina Botha of Re/Max Extreme held the listing.

Situated at 5/51 Axbridge Grange the three bedroom two bathroom property is located in the Trinity Estate in Alkimos.

This cottage home was built in 2014.

Alkimos mortgagee home sold for $120,000 loss

Alkimos, according to CoreLogic, has seen an increase in median home prices over the past 5 years of 37.5%.

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