Dee Why property sells at agent's price guide, as Domain market estimate falls short
A Dee Why, Sydney, property caught in a storm over market price estimates, has been sold for $890,000.
The property had been listed with $880,000-plus hopes through First National Dee Why agent Frank Caterina.
However it had been given a $725,000 to $800,000 market price estimate by the Domain website which the agent told Property Observer had not been helpful.
The property (pictured below) now appears as under contract on the Domain site.
Click to enlarge
The property had previously sold at $850,000 in May 2012 having been listed with $820,000 plus hopes.
The listing was among those earlier this month where vendor advertisements on Domain were being given unsolicited market price estimates from Australian Property Monitors, the Fairfax-owned data company.
But the Domain management took down the market price estimates from listings across the country after the initiative caused chaos.
