Sydney's most affordable at $355,000 in Liverpool
Sydney's most affordable property reported sold at the weekend was a two-bedroom unit at 19/60-62 Speed Street, Liverpool sold for $355,000 through Prudential Liverpool.
Agent Simon Perri was quoting $320,000 plus.
Sales this year in the block had hit $350,000.
The likely rent by the investor buyer is estimated at between $300 and $320 a week.
There were four registered bidders, with it sold soon after auction.
Liverpool had three of the eight sub-$500,000 weekend sales.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
