Waterfront House exterior. (photo of property website Realestate)
A coastal house on Sydney's northern beach sold last week for less than A $ seven hundred thousand, according to real estate website Realestate, a surprise.
The waterfront house is located at (Wirringulla Ave) 46, (Elvina Bay) Veringura Avenue, Elvina Bay, just 35 km from Sydney's CBD. House, which covers an area of 550 square meters and has a lawn backyard, requires a lot of rehabilitation work and can only be reached by boat from Chechi Pointt (Church Point), where house conditions are relatively rudimentary.
Waterfront house exterior. (photo of property website Realestate)
This house has 2 bedrooms and 1 bathroom. It is pleasant to open the door to the tiled courtyard and seawall, and to sit in the courtyard and drink and enjoy the scenery.
There is only one neighbor near the property and the back is the Ku-ring-gai National Park). National Park.
On March 13th, the property was sold by a buyer from the central coast for just A $ six hundred and fifty thousand, half the guidance offered by the agency.
Independent homes on northern beaches have a median price of A $one million eight hundred and fifty five thousand and a flat of A $ nine hundred and twenty thousand, according to property data website CoreLogic.
The courtyard outside the waterfront house. (photo of property website Realestate)
In the past, similar offshore properties usually took months or even years to find a suitable buyer, but this time the waterfront house took only a few weeks to sell.
Marshall (Melanie Marshall), a real estate agent, said that while the property needed a lot of renovation and renovation, there were still many buyers interested in it.
She noted that buyers of offshore properties at (Elvina Bay) and (Lovett Bay), in Elvena Bay and Ravett Bay have increased their focus on offshore properties. It's not about the housing market, it's about the way of life. Many people want to leave Sydney, avoid the fierce competition there, but do not want to leave too far away.
It is reported that the buyer is not going to knock down the house for reconstruction, but plans to maintain the original characteristics of its renovation.