Berkeley land parcel sold at mortgagee auction
Staff reporterDecember 7, 2020
A Berkeley, NSW land parcel has sold under the mortgagee auction hammer for $570,000.
The property sold for over double it's 2010 sale price of $275,000.
Mathew Ivanoff of Raine & Horne held the listing.
Situated at 104 Shearwater Drive, the holding has views of Lake Illawarra.
The block is 829 sqm.
Located within a short drive to the lake foreshore, it is also near local schools, Warrawong Plaza and the freeway.
The median price for a home in Berkeley according $524,000 to CoreLogic.