Hermit Park, Qld mortgagee apartment listed with $57,000 reduction

Hermit Park, Qld mortgagee apartment listed with $57,000 reduction
Staff reporterMay 22, 2019

A two bedroom one bathroom Hermit Park mortgagee unit has been listed at $149,000.

This marks a $57,000 reduction on its previous sale price.

In 2008 the property transacted for $206,000.

Dayne Watson and John Bowen of First National hold the listing.

Situated at 1/18 Armstrong Street, it is part of a six apartment complex.

Set on 55 sqm, the property comes with a lockup garage.

The median price for a home in Hermit Park is $342,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as -3.6%.

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