Buyers get more value for money in outer city suburbs, agent says

Buyers get more value for money in outer city suburbs, agent says

first_img30 Balgowlah Street, WakerleyA LUXURY mansion at Wakerley has cracked the million-dollar mark.REMAX Advantage marketing specialist Todd Gerhardt sold the five-bedroom home at 30 Balgowlah St for $1.15 million earlier this month.“It was only on the market with me for two days,” Mr Gerhardt said.“I had a buyer who I knew what they were looking for and that house fit them perfectly.”More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020It sold for much higher than the suburb’s median sale price, which was $740,000 according to the latest CoreLogic market trends data. 30 Balgowlah Street, WakerleyMr Gerhardt said the beautiful home, which was well maintained by its previous owners, was worth every cent. “There’s not many like this on the market at the moment,” Mr Gerhardt said. He added that there were a lot of buyers on the market for luxury homes at the moment. “I think they’re just looking for a spacious home,” Mr Gerhardt said.He said there was more value for money in Wakerley compared to suburbs closer to the city, including Carindale and Camp Hill.“That’s the place to be if you want a mansion,” Mr Gerhardt said.last_img

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