Port Lincoln, SA mortgagee house sold for $94,000 loss

Port Lincoln, SA mortgagee house sold for $94,000 loss
Staff reporterApril 3, 2019

A Port Lincoln, SA mortgagee house has sold for $139,000.

This is a reduction of $94,000 on its 2008 sale price of $233,000.

Luke Duncan of Kemp Real Estate held the listing.

Situated at 12 Kinmont Avenue, the property is a three bedroom one bathroom house.

Set on 803 sqm the house was built in 1972.

The house features a timber deck with views over the township and ocean, plus it has a fenced backyard.

The median price for a home in Port Lincoln, SA is $303,000 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 1.1%.

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