Acacia Ridge, Queensland mortgagee home sold for $55,000 loss

Acacia Ridge, Queensland mortgagee home sold for $55,000 loss
Staff reporterMarch 1, 2020

An ACACIA RIDGE, Queensland mortgagee home has been sold for $195,000.

The townhouse last sold for $250,000 in 2007.

As a result this latest sale represents a $55,000 reduction in value.

Mark and Debra Affleck of Elders Town & Country marketed the property.

Situated at 13/80 Oswin Street, the two level townhouse is a three bedroom, one bathroom abode.

Set on 181 sqm, the townhouse was described in the listing as "a great opportunity for first home owners, investors and buyers looking to downsize."

This property is located within a gated complex of ACACIA RIDGE, behind the Acacia Market Place.


The median price for a home in Acacia Ridge is $395,000 according to CoreLogic.

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