Braith Anasta and Jodi Gordon escape Clovelly downturn with $1,855,000 sale
Despite hesitant buyer pre-auction manoeuvring, the injured Wests Tigers champion Braith Anasta and his actor wife Jodi Gordon secured $1,855,000 when their four-bedroom, two-bathroom Clovelly home went to weekend auction.
Initially more than $1.8 million was being suggested for the two-storey semi, but the agents then adjusted their marketing to $1.7 million plus.
Agents hoped the lowering of the price guide would introduce stronger competition in the lead-up to the auction.
It was bought for $1,805,000 in 2011 by Anasta, so the sale price represents a loss after expenses including $84,000 purchase stamp duty.
It had sold previously at $1.76 million in 2009.
RP Data gives Clovelly's median house price as $1.365 million, down 9.8% over the past year.
Its down 3.8% over the past five years, according to RP Data.
Its purchase by Anaasta was funded when the then Sydney Roosters captain sold a Malabar investment property for $1.32 million in early 2011.
It sold through his estate agent brother Damon Anasta at McGrath Coogee inconjunction with his colleague, Mark McPherson.
Its initial price hopes were based on a Winchester Road semi that sold recently at $1.85 million.
The average discounting required of private treaty vendors is typically around 10% to secure a sale.
