Real Estate

110-year-old Wooloowin house sells under the hammer

Written by The ReReport
As seen in the Source link, written by on 2018-12-15 01:36:23

FIVE registered bidders fought it out at auction for a three-bedroom house at Wooloowin earlier this month.

A crowd gathered to watch the auction at 26 Lisson Grove, and Ray White Ascot agent Guy Horsley said bidding was “fast and furious”.

Mr Horsley said the house sold to a female buyer for $1,150,000.

“She liked the quietness, the open space, the swimming pool the greenery and the position.” he said.

The house sold for almost double what it did when it last changed hands in 2005, when it was sold for $580,000.

The house was built 110 years ago, and is currently a combination of old and modern.

The front of the house presents as a quaint Queensland cottage, while the rear is a contemporary open plan kitchen, living and dining space, which opens out to a large pool.

The house also sold considerably above the median house sale price for the suburb, which according to CoreLogic data is $806,075.

Wooloowin has experienced a 4.3 per cent increase in the median sale price over the 12 months to August.