Real Estate

market wrap big sales in strathfield marrickville and newtown

Written by The ReReport

No. 73 Broughton Rd in Strathfield sold for $2.292 million.

JUST one bid was needed to secure the auction sale of a three-bedroom house in Strathfield on Saturday afternoon.
The house at 73 Broughton Rd on a 980sqm block sold under the hammer for $2.292 million to buyers upsizing from Homebush.
The house had been popular throughout the campaign due to the single level design, elevated deck with built-in barbecue, stone kitchen with stainless steel appliances and ornate ceilings.

The large block was a major selling point.

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There were just two registered bidders on the day, with the family planning on moving in and eventually building a granny flat at the rear for their parents.
The property sold through Simon Furnari and Norman So of Belle Property-Strathfield.
“There was great inquiry throughout but in this market we are seeing a lot of people holding back looking to snare a bargain,” Mr Furnari said.
Over in Newtown a four-bedroom house sold prior to auction this week for $2.3 million.
The house at 3 Pemell St had 25 groups through inspections and six contracts were issued before a deal was struck with the buyer.

There were just two registered bidders.

The house was sold through Ray White-Erskineville agents Ercan Ersan and Shaun Stoker.
The luxury house in one of Newtown’s most popular locations had evolved over the years, with the main bedroom having an ensuite and walk-in wardrobe, a gas kitchen and large causal living and dining rooms that flow outdoors for entertaining.

The property had been owned since 2002, when the vendors bought the property for $913,000.
Mr Ersan and fellow agent Astrid Joarder also had success over the weekend, selling 1/1 Ann St in Marrickville for $691,000 — $41,000 above the reserve.
One of the finest features of the two-bedroom unit is the kitchen, with Caesarstone benches and a breakfast bar.

No. 3 Pemell St in Newtown sold for $2.3 million.

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There is also a 35sqm lockup garage for two cars.
There were five bidders competing, with bidding opening at $590,000. There were around 30 people in attendance and eight contracts were issued.
Within a complex of just 14 apartments, it had polished hardwood floors throughout and slate floors in the kitchen.
There were 42 groups through inspections over the campaign.
The last time the property changed hands was in 2009, when it sold for $378,500.


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