Thornlie

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A Thornlie mortgagee home has hit the market with an asking price of $409,000. 
The West-Australian home, located on Mercer Place<a href="https://www.realestate.com.au/property-house-wa-thornlie-133726170" style="font-size: 12.16px;">,</a> has four bedrooms, one bathroom, and a lock up garage. 
The 681 square metre block also features a below ground pool and level lawn. 
It last traded in 2009, when it sold for $359,000 after only five days on the market.
The median house price in <a href="https://www.urban.com.au/property-observer" target="_blank">Thornlie</a> is $356,758.
Rick Rispoli, from LJ Hooker Thornlie, has the listing.  
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Thornlie mortgagee home listed with $409,000 price tag

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Thornlie, a large outer suburb of Perth, has been ranked as the suburb with the most distressed listings in Western Australia.
Following Lalor Park, Thornlie has been ranked nation's second most distressed suburb across Australia, according to Investar. 
It suggests postcode 6108 has many discount listings.
Its house listings are typically for sale for 217 days.
The suburb's median house price sits at $348,000, which has dropped 15% over the past year.
Its median rent sits at $320%, with no growth over the past year.
The rental yield sits at 4.8%. 
Thornlie is the largest suburb within the City of Gosnells.
Established during the post-war years, significant growth didn't occur until the late 1950s and lasted through to the 1980s.
A slight population increase was experienced during the 1990s, but since has remained relatively stable.
<a href="https://www.realestate.com.au/sold/property-house-wa-thornlie-125380630" target="_blank">A recent mortgagee sale</a> (pictured above) took 310 days before its $390,000 sale.
It was initially listed with $500,000 hopes. 
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Thornlie ranks as the most distressed suburb in Western Australia

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A Thornlie, West Australia mortgagee home has sold for $310,000.
The house last sold for $455,000 in 2014.
Roger Golos of the Professionals marketed the property.
SItuated at <a href="https://www.realestate.com.au/sold/property-house-wa-thornlie-131737330" target="_blank">4 Lorenzo Street</a>, the abode is comprised of three bedrooms and one bathroom.
Set on 816 sqm, the 1968 built home sold for less than it did in 2010 when it transacted for $373,000.
The property was listed for two years, starting in 2017 when it sought $429,000 before being taken off the market and relisted as a mortgagee sale.
In this latest campaign when offered as a mortgagee sale, the home had an asking price of $339,000.
The house was listed as a rental in 2014 seeking $480/pw.
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The median price for a home in <a href="https://www.urban.com.au/property-observer" target="_blank">Thornlie, WA</a> is $364,000 according to CoreLogic.
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