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2 Crookwell Avenue, Miranda, sold for $2,205,000 on Saturday. He said the listing was originally quoted at $2 million to $2.3 million but after feedback from prospective buyers, it was requoted at $2.1 million to $2.2 million. On Saturday, the home was declared on the market at $2,195,000 before selling under the hammer for just $10,000 more – $2,205,000. “It took a process to get to that price, because at the moment the shift in the market means that [selling conditions] are a little bit different to what they were,” Mr Pitsis said. He said some price Mortgage brokers Oak Laurel Nundah premiums that had been paid earlier in the year for good homes in the southern suburbs were no longer in evidence: “But mind you, the prices are still strong. I appraised this property for the vendors about two years ago at $1.8 million. So $2.2 million is still a good sale price for an owner, but if this property was sold, say, six months ago, I think it would have been $2.3 million-plus. That extra little bit isn’t there; or that extra bidder hasn’t turned up, put it that way.” 86 Nicholson Street, Strathfield, sold for $6.6 million on Saturday. Even so, the Crookwell Avenue vendors have reason to be well pleased: their property last sold for $312,500 in 2003. Overall, the city’s residential real estate market is continuing to tread water.
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