Nations cheapest auction sale goes backwards in price

Nations cheapest auction sale goes backwards in price
Staff reporterFebruary 15, 2018

Last weekend's Ipswich offering of 38 Bassett Lane, Rosewood was the nation's cheapest capital city result.

The 38 Bassett Lane five bedroom house on 1320 sqm sold for $200,000.

It had traded at $315,000 in pre-gfc 2008.

Vacant land nearby sold at $160,000 recently, just $100 more than its $159,900 in 2010 for the 850 sqm 48 Upper John Street offering.

Editor's Picks

Half of apartments snapped up in Setia's Atlas Melbourne skyscraper
Sherpa expands Palm Beach footprint with Flourish Ovana plans
TOGA’s Wicks Place brings Harris Farm to Marrickville
Bradmill Quarter: Bringing community and amenity to life in Yarraville
Orchard Piper secures $20m record-breaking penthouse sale at One Toorak Place