Mortgagee Sale

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A four bedroom Toorak home sold this month at $3 million in a developer's mortgagee auction.

The 18 May Road, Toorak holding comes with a new build final certificate secured in March as the city went into lockdown.

Castran Gilbert agent Paul Castran advised the mortgagee took possession.

There were reportedly four registered and two active bidders on the four bedroom, four bathroom property.

There was a basement with laundry and home cinema.

 
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The 18 May Road, Toorak holding comes with a new build final certificate secured in March as Melbourne went into lockdown.

urban.com.au

 Toorak home sold for $3 million at developer's mortgagee auction

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A Gowanbrae mortgagee home has been listed for sale.
Located at 87 Primula Boulevard, the home features four bedrooms, four bathrooms, and a double garage.
The total block comprises 898 square metres, with 399 square metres of internal floor space inside the house.
A price guide of $1,150,000 to $1,250,000 was provided. 
The block of land was purchased in 2013 for $290,000, and the house was completed in 2015.
Lilian Farrugia, from Stockdale &amp; Leggo Gladstone, has the listing.
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Gowanbrae mortgagee home listed for sale

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Mortgagees have secured the sale of another Mernda home.
It was <a href="https://www.realestate.com.au/sold/property-house-vic-mernda-126629046" target="_blank">a three bedroom sold for $485,000</a>.
It was marketed as a "fantastic first home or investment offering."
The three bedroom home has a modern kitchen with tiled family/meals area.
It sits on a 294 square metre block.
Last month mortgagees secured the $572,000 sale of a five bedroom Mernda home.
Situated in a sought after pocket of Mernda, the neat home came complete with a well-appointed kitchen and open plan living design, large family and meals area.
The home was set on a 565 square metre block at <a href="https://www.realestate.com.au/sold/property-house-vic-mernda-126373358" target="_blank">24 Black Braes Boulevard</a>. The block had sold at $222,000 in 2015.
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Mortgagees find more success in Mernda

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A three bedroom brick and tile house in Koongamia, a northeastern suburb of Perth, has been listed for $349,000 by mortgagees.
The Western Australian home is offered by Donna Gibb from Harcourts.
Built in 2003,<a href="https://www.realestate.com.au/property-house-wa-koongamia-128290002" target="_blank"> the 33B Koolgoo Way house</a> comes with three double sized bedrooms, formal lounge, open plan dining and outdoor entertaining area. 
It also features the well-appointed kitchen, entrance hall and family room. 
Nestled on an easy care 548 square metre block, it is close to shops, school and public transport.
It last sold at $372,500 in 2007.
It hit the market in March with other agents at $379,000.
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Koongamia three bedroom brick house for mortgagee sale

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A mortgagee home in Perth's Helena Valley has been listed for sale for $455,000.
Located at 17 Prunus Place, in a cul de sac, the house features four bedrooms, two bathrooms, and a double garage.
There also an in ground pool, and turfed back yard area.
the total block comprises a 1008 square metre block.
It last sold in 1998, for $172,500.
It was built in 1996.
Richard Lowenhoff and Jessica Macarthur, from LJ Hooker Midland, have the listing.
 
 
 
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Helena Valley mortgagee home listed for sale

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Located along the walking and bike tracks of Werribee River, the two bedroom unit has been sold by mortgagees for $335,000.
It was sold by Adrian McEvoy and Tony Cannatelli from LJ Hooker.
It had last sold $140,000 in 2013.
Built in 2014 and set on 272m2 block (approx), the<a href="https://www.realestate.com.au/sold/property-unit-vic-werribee-127000682" target="_blank"> 1/22 Golden Avenue</a> unit comes with two bedrooms, a spacious living area and a study nook.
The suburb's median unit price sits on<a href="https://www.urban.com.au/expert-insights/investing/10584-werribee-vic" target="_blank"> $317,500</a>, according to CoreLogic.
 
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Werribee two bedroom unit sold by mortgagee

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A mortgagee property in Queensland’s Worongary has been sold for $570,000. 
The 3,581 square metre block is conveniently located close-by Worongary shopping centre, schools and the motorway.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-07-30%20at%204.42.46%20pm.png" alt="">
The property, located at <a href="https://www.realestate.com.au/property-house-qld-worongary-134093498" target="_blank">101 Mudgeeraba Road</a>, offers dual living with a four-bedroom, three-bathroom main residence and a self-contained flat.
Positioned separately from the house, the two-bedroom, one-bathroom granny flat is perfect for family, guest accommodation or as a source of rental income.
Its features include an expansive property and hardwood flooring.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-07-30%20at%204.42.41%20pm.png" alt="">
The home last traded in 2014, selling for $570,000.
LJ Hooker agents Karl Grossman and Chantal Damiani had the listing.
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Worongary, Queensland mortgagee home sold for $570,000

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A mortgagee house in Kogarah, built almost 100 years ago is has sold following an auction campaign.
Located at 18 Rocky Point Road, it features four bedrooms, two bathrooms, a carport, and a lawn.
The house is in a medium-to-poor condition and came with a $900,000 price guide.
However it sold for $881.000.
The total block comprises of 446 square metres.
Built in 1925, the residence last sold in 2004 for $488,000.
Kogarah’s median house price is $1.175 million.
Trent Tarbey and Emre Kutup, from McGrath Sans Souci, have the listing.
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Kogarah, NSW mortgagee house sold for $880,000

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A mortgagee house in the Ballarat suburb of Miners Rest is under offer with an asking price of between $377,500 and $415,000.
Located at 9 Baxter Street, the property features four bedrooms, two bathrooms, and a double car garage.
Now under offer, it is situated on a 542 square metre block.
The home was built in 2008, and last sold in 2017 for $380,000.
Miners Rest’s median house price is $430,000.
John McMahon, from Professionals Ballarat, has the listing.
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Miners Rest, Victoria mortgagee home under offer

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A mortgagee house in Brassall has been sold with an asking price of $320,000, the same price it was listed for.
The Skardon Crescent home has undergone recent repairs including new hot plates and oven, new air-conditioner, new ceiling fans throughout, and a fresh coat of paint inside. 
The 712 square metre block is situated on a corner overlooking bushland.
The home features four-bedrooms, two-bathrooms, and a lockup garage.
It was built in 2011.
First National Real Estate agents Lyn Armit and Allison Brennan have the listing.
 
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