Wulguru mortgagee home still on the market after 440 days

Wulguru mortgagee home still on the market after 440 days
Staff reporterJanuary 17, 2019

A home in Wulguru near Townsville listed by the mortgagee in possession remains on market after 440 days.

The home at 8 Adler Court comes with a price guide of $289,000.

The price has been slashed several times from its originally listed price of $335,000-$365,000 in November 2017.

The house last traded for $113,000 in 2000 when it was sold by the Defence Housing Authority.

Set on 605 sqm, the home contains has its own in-ground saltwater pool and rumpus room.

The home, built in 1970, features a double carport and security screens throughout.

Wulguru's median house price sits at $260,000 according to CoreLogic, who calculate its annual change in median price over the past 10 years as -2.6%.

Wulguru's median days on market currently sits at 36 days.

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