Exmouth, WA mortgagee land parcel sold for 60% price reduction

Exmouth, WA mortgagee land parcel sold for 60% price reduction
Staff reporterDecember 7, 2020

An Exmouth, WA residential land parcel has been sold for a 60% price reduction on its 2008 sale price.

Originally listed in October 2018 with price guide of $109,000 the land holding sold on March 13 for $78,142.

Marking a $130,000 price reduction on it's 2008 sale price when it traded for $208,000.

The 37 Bluefin Cove land parcel is a 275 sqm dry lot situated on the island in the Exmouth Marina Village.

It was unsuccessfully listed in 2013 and 2014 for over 150 days on each occasion.

When listed during those years the holding had an asking price of $177,000 and $179,000.

The median price for a home in Exmouth, WA is $405,000 according to CoreLogic.

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