Campbelltown, NSW mortgagee home sold after unsuccessful auction

Campbelltown, NSW mortgagee home sold after unsuccessful auction
Staff reporterDecember 7, 2020

A three bedroom one bathroom house in Campbelltown, NSW has been sold following an unsuccessful March auction.

The property sold for $490,000, $9,000 below the $499,000 that was sought.

Manfred Harle of Richardson & Wrench held the listing.

Situtated at 18 Megalong Crescent the 1970 property is a one storey brick veneer house.

Set on 588, sqm it features a one car lockup garage.

Positioned withing walking distance of local school, shops and transport, it was described in the listing as "a great opportunity for first home buyers and investors".

Last sold in 2007, the property transacted for $270,000.

The median price for a home in Campbelltown is $600,000 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 8.8%. 

Editor's Picks

Kangaroo Point's iconic Shafston House gets closer to apartment redevelopment
Inside Australia 108: The groundbreaking Melbourne apartment tower offering the highest apartments in the southern hemisphere
Discover Avery: A Boutique Sanctuary in the Heart of Glen Iris [Video]
"A once-in-a-lifetime opportunity": Don O'Rorke discusses the Monarch Residences Penthouse Collection
Why apartments at Killarney Ponds in Box Hill are suiting the family buyer: Urban Buyer Q&A