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.

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