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The Age· YesterdayProperty

Family pays $220,000 above reserve for Stanmore ‘renovators delight’

A four-bedroom Stanmore terrace that agents described as unlivable sold under the hammer for $2.52 million on Saturday, well above its $2.2 million guide. Five bidders registered and three were active during the auction. Domain recorded a preliminary Sydney clearance rate of 45 per cent from 490 reported results, with 184 auctions withdrawn. In Epping, a five-bedroom house sold for $3,419,168, while in Allambie Heights a three-bedroom house sold at its $2 million guide but below its reserve. LJ Hooker's Mathew Tiller said buyers and sellers were sitting on the fence.

realestate.com.au· This weekProperty

Gold Coast renovator’s delight fetches $2.648m after 30 years in one family

A waterfront property at 46 Markeri Street in Mermaid Waters on the Gold Coast sold at auction for $2.648 million. Three bidders competed for the five-bedroom home, which had been owned by the same family for three decades. Agents said the house was dated and had termite and mould damage, and it was marketed as a renovation project. A local buyer from the agency's database secured the property. The agents said the result showed confidence in the local market, with a typical Mermaid Waters house now costing $2.4 million.

realestate.com.au· A while agoProperty

Termite-damaged Mermaid Waters home fetches $2.648m at auction after year on market

A termite and mould-damaged waterfront home at 46 Markeri St, Mermaid Waters, has sold at auction for $2.648 million. Three bidders competed for the property, which sits on a 1148 square metre block with 62 metres of water frontage. The home had been on the market for a year before the auction campaign. Its sellers, two sisters-in-law from the Percuoco family, had lived there for 30 years. The agent said the buyer, a local purchaser from the agency's database, plans to take advantage of the home's potential as a dual-occupancy property.

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#RenovatorTopic

Family pays $220,000 above reserve for Stanmore ‘renovators delight’

Gold Coast renovator’s delight fetches $2.648m after 30 years in one family

Termite-damaged Mermaid Waters home fetches $2.648m at auction after year on market

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#RenovatorTopic

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Family pays $220,000 above reserve for Stanmore ‘renovators delight’

Gold Coast renovator’s delight fetches $2.648m after 30 years in one family

Termite-damaged Mermaid Waters home fetches $2.648m at auction after year on market