Canning Vale, WA mortgagee home sold for $50,000 loss

Canning Vale, WA mortgagee home sold for $50,000 loss
Staff reporterAugust 15, 2019

A Canning Vale, West Australia mortgagee house has been sold for $390,000.

Roger Golos of Professionals Property marketed the property.

Situated at 14/9 Parnell Way, the abode comprises a three bedroom, two bathroom villa.

Set on 239 sqm, the property was listed for sale at $405,000.

Last sold in 2012, the home transacted for $439,500.

Following the 2012 sale which occurred the year the home was built, the property was listed twice before this successful marketing campaign.

First in December 2014 seeking $519,900 and later in January 2017 when it sought $470,000.

The median sale price for a unit in Canning Vale is $535,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as 0.5%.

Editor's Picks

Pembrook Homes to bring contemporary townhomes to Reservoir
First look: Holdmark submits Sydney's latest Transport Oriented Development at Macquarie Park
5% deposit, $0 stamp duty - Buy into Brighton's affluent property market with 111 Carpenter townhomes
Far East Consortium's charity push in Australia’s biggest stair climb challenge
Princeton tops out Marque Rockdale as development team and Latent Defect Insurance drives sales