Rabbitoh's legend Greg Inglis sells Coogee home after reducing price guide
The South Sydney Rabbitohs legend Greg Inglis has sold his former Coogee home having pulled it from auction and reduced its price hopes.
Buyers were being told they’d need to offer $2.5 million to secure the Federation semi after it was initially listed for auction on June 1 with a guide of $2.8 million.
The home sold within 29 days of its listing, well ahead of the current 50 day Sydney average on market time.
McGrath Coogee agent Marnie Seinor secured the sale but said she couldn’t disclose its sale price.
“It holds a prized corner parcel in a coveted Coogee street, just metres from buzzing cafes, shops and the beach,” she said.
“The immaculately kept Federation semi celebrates relaxed coastal living,” she added.
Inglis bought the home in early 2012 having made the moving the prior season from Melbourne where he played for the Storm.
Inglis paid $1.1 million for the Bream St property, when the median price was around $1.4 million.
Coogee, with a current $2.6 million median house price, has seen a compound growth rate of 8.5 percent for houses over the past five years.
It was just a two bedroom, 1910 built Federation, but now still behind a traditional facade, extended to now have four bedrooms and two bathrooms across its three levels.
Since its listing Inglis has struggled with personal issues after retiring earlier this year from rugby league following a stellar 14 year on field career.
The former South Sydney captain has been admitted to a mental health facility to deal with the issues he has been facing.
His close friends Justin Hodges recently encouraged Inglis to get his life back on track for the sake of his young family after seeing “the hurt in his eyes”.
“He’s doing it very tough. Everything hit him at once; his marriage break-up and then his retirement came quickly, quicker than what he expected.”
The 32-year-old, was living at Little Bay, having leased the 1910 Coogee home in recent times.
The Kempsey-born NRL star and his estranged wife Sally, who recently moved back to Queensland, own investment properties including a renovated 1920s workers cottage in Sandgate, northwest of Brisbane, which cost $440,000 in 2014.
