Mirvac-built Glebe apartment topped weekend auction results

The $2.07 million sale was in the Lombard Estate development created by Mirvac in the early 1990s

Mirvac-built Glebe apartment topped weekend auction results
Mirvac-built Glebe apartment topped weekend auction results

A $2.07 million Glebe apartment topped weekend auction results across the capital cities.

There was a 60 percent success rate for apartment and townhouse listings across the cities, according to CoreLogic at a $747,500 median.

Of the 425 listings, over 100 were withdrawn given the lockdown in Sydney, Melbourne and Adelaide.

Sydney had the highest success rate at 66 percent resulting in an $850,000 median.

Mirvac-built Glebe apartment topped weekend auction results

Melbourne sat at 55 percent with a $681,500 median.

There was a 47 percent success rate in Brisbane.

The three bedroom first flor corner Glebe apartment in the Lombard Estate development created by Mirvac was sold through Belle agent Mark Tooth.

It had both parkland and CBD skyline views. 

There were floating timber floors in the apartment that last sold in 2003 at $772,500.

It first sold in 1993 at $365,000.

The project in a cul-de-sac just off Glebe Point Road's culinary/shopping strip is also just metres to the Glebe light rail station and city bus links.

There had been another three bedder sell at $2 million in May, its first sale since 1993 when $400,000 was paid.

Mirvac built around 54 apartments in Lombard Street with some green space.

Jonathan Chancellor

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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