North Epping home where Lin family was murdered listed for March auction

North Epping home where Lin family was murdered listed for March auction
Jonathan ChancellorFebruary 23, 2012

The North Epping home where five members of the Lin family were murdered has been listed for March 22 auction.

North Nor'West Property, the estate agency that sold the property to the Lin family in October 2001 for $575,000, has been appointed as the listing agents by the New South Wales Trustee and Guardian, which manages the estate.

Mark Ward, the agent handling the Boundary Road sale, says prices for comparable properties are in the $900,000 to $950,000 range.

But there is expected to be a discount secured by its buyer.

The property falls well into the requirement of NSW law requiring disclosure of "some material facts" about properties that would not be obvious to potential buyers.

It covers "potential psychological stigma attached to a property, which is likely to be shared by a significant proportion of the population".

Buyers’ agent Tim Mansfield says selling agents have a duty to tell buyers if a property has an unsavoury past.

 

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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