Mortgagee's North MacKay home sold for $90,000 loss
A North MacKay, Queensland home has been sold by its mortgagee for $222,500.
Last sold for $311,000 in 2008 the property has seen an $88,500 price reduction on its previous sale price.
Situated at 10 Amelia Drive, North MacKay the house is a three bedroom one bathroom affair.
It's latest sale price was lower than the $232,000 sale in 2005.
Set on 673 square metres the property was owned by the Queensland Government until they sold it for $102,600 in 1997.
It is located within walking distance of Fitzgerald Primary school as well as the Mount Pleasant shopping centre.
Featuring an open plan dining/lounge arrangement the home has polished timber floors throughout.
The home also has a verandah.
The median price for a home in North MacKay is $280,000, according to CoreLogic.
They calculate the annual change in median price in the suburb as as going backwards by -1.3% annually over the past decade.
