Clinton, Queensland mortgagee sold for $120,000 loss
A five bedroom home in Clinton, in the Gladstone region of Queensland, has been sold for a loss by the mortgagee in possession.
The house sold for $330,000, a $120,000 hit from its $450,000 sale in 2013.
There had been $369,000 for the home at 9 Fairway Avenue when it was first listed in November 2018.
Set on a 894 sqm block, the 1992-built home has an attached double carport.
The two storey home has both established gardens and fully fenced yards as well as an in-ground salt water swimming pool.
It is located near schools and public transport links.
The median sale price for a home in Clinton, Qld is $259,750, according to CoreLogic, which calculate its annual change in median price over the past 10 years as -3.7%.
