Alkimos mortgagee home sold for $120,000 loss

Alkimos mortgagee home sold for $120,000 loss
Staff reporterMarch 4, 2019

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

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