Liverpool led the five cheapest sub-$500,000 Sydney weekend purchasing opportunities

Liverpool led the five cheapest sub-$500,000 Sydney weekend purchasing opportunities
Jonathan ChancellorMay 31, 2015

There were just five chances to buy under $500,000 across Sydney last weekend, on May 30.

10/22 Nagle Street, Liverpool $336,000 - a two bedroom unit (below) was the cheapest.

10/22 Nagle St, Liverpool

Property Observer gleans the LJ Hooker Liverpool agent Pat Bugge sold it to an investor. It was up for rent last August at $290 a week, reflecting a 4.5% yield.

The block's previous highest two bedroom sale was $321,000 in early 2015, then put up for rent at $300 a week.

Then followed:

3/136 Sproule Street, Lakemba $380,000 - a two bedroom unit which last sold at $275,000 in April 2013.

6/21 Marlene Cr, Greenacre $405,000 - a two bedroom 62 sqm 1975 unit which last sold at $250,000 in October 2009. The landlord had been seeking $340 a week rental. 

39/103 Longfield Street, Cabramatta $425,000 -a three bedroom unit last sold at $88,000 in 1997. It was up for $350 a week rental late last year.

14/1099 Botany Road, Mascot $452,000 - a one bedroom unit that last sold in 1991 at $90,000. 

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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