Mortgagee Listing

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A brand new architect-designed Toorak home has been listed for sale by the mortgagee.
Paul Castran at Castran Gilbert South Yarra has a $2.7 million to $2.97 million guide for the <a href="https://www.realestate.com.au/property-house-vic-toorak-134881622" target="_blank">May Road home</a>.
The four bedroom, four bathroom home sits on 177 sqm after the block was subdivided, with an identical residence built next door.
<img src="https://www.urban.com.au/images/2020/12/18%20May%20Road%20Toorak%202.png" alt="">
That sold price undisclosed in October after asking $3.25 million.
The median house price in Toorak is $5 million, one of Melbourne’s most expensive suburbs.
Entry to the home is through a secure garden courtyard, which meets the open plan kitchen living and dining space, located at the front of the home to take advantage of the northerly aspect.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/12/18%20May.jpg" alt="">
There’s a study space and gallery area on the ground floor, as well as a feature glass lift which runs to all three levels. 
There’s a second living area at the rear of the home meeting another outdoor space and two car garage. Above the garage is a bedroom and  bathroom.
The lower level of the home has a bedroom and a home theatre. The top level homes the master suite, with its own bathroom, and the fourth bedroom.
The home, near Hawksburn Village, goes to auction December 12.
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Brand new Toorak home listed by the mortgagee

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A residential land parcel on Fraser Island has been listed for mortgagee auction.
Fraser Island, which sits off Australia’s eastern Queensland coast, is the world's largest sand island.
The <a href="https://www.realestate.com.au/property-residential+land-qld-fraser+island-202810158">beachfront allotment</a>, located on the western side of the Kingfisher Bay Resort, was advertised as mortgagee on realestate.com.au.
Adjacent to architecturally-designed beachfront housing, the 1080sqm block offers an ideal opportunity for a residential development.
Its offerings include unrestricted views overlooking the Great Sandy Straits and a unique location.
The median value price for homes on <a href="https://www.urban.com.au/news/6662-fraser-island-qld">Fraser Island</a> is over $1,000,000 according to CoreLogic.
Ray White Hervey Bay agent Glenn Fallon holds the listing.
The auction will take place on Saturday, October 24.
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Beachfront land on Fraser Island listed for mortgagee auction

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Two villas in Queensland’s Gold Coast suburb, Southport, has been listed for mortgagee auction.
The residence offers nine-bedrooms and six-bathrooms over the two villas located at <a href="https://www.realestate.com.au/property-unitblock-qld-southport-134237966">10 Lydia Grove</a>.
Advertised as a mortgagee on realestate.com, the property offers a profitable opportunity to purchase two almost finished villas in one line.
Set on 564sqm, the three-storey units both have double lock-up garages.
The home is ideal for an investor or DIY renovator, with the chance to occupy one dwelling and rent out the balance.
The villas last sold together for $450,000 in 2016.
The median value price for units in <a href="https://www.urban.com.au/news/5671-southport-qld">Southport</a> is $356,095, according to CoreLogic data.
RE/MAX agent Kristoffer Sonter is marketing the listing.
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Two villas in Queensland's Gold Coast listed for mortgagee auction

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A home in Darwin’s inner northern suburb The Narrows has been listed for mortgagee auction.
The three-bedroom, two-bathroom home, located at <a href="https://www.realestate.com.au/property-house-nt-the+narrows-134416626">26 Bagot Road</a>, was advertised as mortgagee on realestate.com.
Set on 854sqm, the property includes the brick home, in-ground pool, carport and garden shed.
A study currently attached to the master bedroom has the potential to become a walk-in wardrobe.
The home last traded for $225,000 in 2005.
According to CoreLogic data, the median sales price for homes in <a href="https://www.urban.com.au/expert-insights/finance/4272-the-narrows-nt">The Narrows</a> is $477,500.
George Vrodos of PropertyShop has the listing.
The auction will take place on Saturday, October 24.
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The Narrows, Darwin home set for mortgagee auction

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A mortgagee unit in Bruce, ACT is now under offer.
Set on a 136sqm block, the property offers three bedrooms and two bathrooms.
The home is listed with a price tag of $650,000, well above the median value price for units in Bruce at $442,203, according to CoreLogic.
Situated at 30/101 Kinloch Circuit, the home offers two courtyards, private alfresco area, dark panel flooring and a walk-in pantry.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-09-09%20at%202.27.14%20pm.png" alt="">
The two-storey unit is only one kilometre to the University of Canberra and an eight minute drive to Westfield Belconnen.
The home is listed through the real estate agency buyMyplace.
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Two storey Bruce, ACT mortgagee unit under offer

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A unit in the Brisbane’s Sherwood has been listed for mortgagee auction.
The one-bedroom, one-bathroom property, situated at <a href="https://www.propertyobserver.com.au/realestate.com.au/property-unit-qld-sherwood-134451686">411/6 Quarry Road</a>, was advertised as a mortgagee on realestate.com.
Offering open-plan living and dining, high ceilings and an expansive balcony, the home is ideal for an entertaining owner occupier.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-09-24%20at%2010.35.00%20am.png" alt="">
Set on 81sqm, the home includes a laundry space and secure car accommodation for one.
The median value for a unit in <a href="https://www.urban.com.au/property-observer">Sherwood</a> is $416,000, according to CoreLogic data.
RayWhite’s Georgia Pevy and Temeca Crous have the listing.  
The auction will take place on Wednesday, October 21.
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Sherwood, Brisbane apartment set for mortgagee auction 

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A home in Western Australia’s South Kalgoorlie has been listed for sale by mortgagee with a price guide of $165,000.
The four-bedroom, one-batrhoom home, situated at <a href="https://www.realestate.com.au/property-house-wa-south+kalgoorlie-134457942">33 Belgravia Place</a>, was advertised as a “mortgagee in possession” at realestate.com.
The 774sqm property comes with a open kitchen and living area and lounge.
A shed, about six metres by six metres, sits in the home’s backyard, offering workshop space or storage.
The home last traded for $190,000 in 2007.
It is located less than five kilometres from the Kalgoorlie-Boulder Airport.
The median sales price for homes in<a href="https://www.urban.com.au/property-observer"> South Kalgoorlie</a> is $250,000, according to CoreLogic data.
Goldfields agent Karen Wibberley has the listing.
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South Kalgoorlie mortgagee home listed for minor loss

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A large home in Booragoon, Western Australia has been listed for auction by mortgagee.
The five-bedroom, two-bathroom property, situated at <a href="https://www.realestate.com.au/property-house-wa-booragoon-134413786">207 Riseley Street</a>, was advertised as a mortgagee on realestate.com.
Booragoon is a southern suburb of Perth, located within the city of Melville.
Set on 766sqm of land, the home comes with two living areas and about 18.5 metres of frontage.
The home needs a complete renovation to lease out or to occupy.
According to CoreLogic data, the median sales price of houses in <a href="https://www.urban.com.au/property-observer">Booragoon</a> is $820,000.
It is located close to Leach Highway and on a bus route to Westfield Shopping Centre and Applecross High School.
The home last traded for $740,000 in 2013.
Acton Applecross’ Monica Yeoh holds the listing, with the auction set to take place Saturday, October 17 at 11AM.
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Booragoon, WA home listed for mortgagee auction 

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A country home in the mid-north South Australian town of Peterborough has been listed for sale by mortgagee.
Situated at <a href="https://www.realestate.com.au/property-house-sa-peterborough-134400346%20">110 Queen Street</a>, the property was advertised as mortgagee on realestate.com with a price tag of $99,000.
The home’s offerings include three bedrooms and one bathroom, plus a brick extension that could be made into an office or fourth bedroom.
Set on an expansive 1,011sqm block of land, the home comes with a rear lobby, underground rainwater tank, bullnose verandah and abundant storage space.
According to CoreLogic data, the median house price for <a href="https://www.urban.com.au/news/7690-peterborough-sa">Peterborough</a> is $64,000.
This home last traded for $89,000 in 2005.
It is located within walking distance to Main Street, high school and the hospital.
Nutrien Harcourts’ Jeff Oakley and Gerda Oakley hold the listing.  
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Peterborough country home listed for sale by mortgagee for under $100,000

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A Wentworth Falls home in New South Wales’ Blue Mountains has been listed for sale by mortgagee.
Situated at <a href="https://www.propertyobserver.com.au/realestate.com.au/property-house-nsw-wentworth+falls-134400130">70 Bate Street</a>, the property was advertised as mortgagee on realestate.com with a price tag of $735,000.
The home overlooks the Blue Mountains National Park and offers panoramic views into Jamieson Valley.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-09-17%20at%2011.07.37%20am.png" alt="">
Its offerings include four bedrooms and two bathrooms, high ceilings and slow combustion wood fire.
Set on an expansive 2,370sqm block of land, the home comes with a versatile studio with kitchenette and separate laundry.
According to CoreLogic data, the median house price for <a href="https://www.urban.com.au/news/4065-wentworth-falls-nsw">Wentworth Falls </a>is $735,000
The home last traded for $335,000 in 2006.
Richardson &amp; Wrench Wentworth Falls is marketing the listing. 
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