Emotional response to style leads to $620k sale

first_imgMore from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019The backyard at 12 Castle Hill Drive, Murrumba Downs.“This investor has had a soft spot for the Castle Hill Estate for some time and like myself has a weakness for the classic Federation style homes located here,” Mr Merryweather said.“Most investors are non-emotional about their purchase but this buyer I feel may one day make this investment home for themselves.” The backyard 12 Castle Hill Drive, Murrumba Downs.While Mr Merryweather hoped the 25-year-old home at 12 Castle Hill Drive would fetch a slightly higher price, feedback from buyers was that the property needed some love.“Most buyers loved the Federation exterior but wanted more modern finishings inside,” he said.He also added that there was not enough homes to keep up with demand.“In the past five years I have struggled to meet the demand and don’t think I ever will.” This home at 12 Castle Hill Dr, Murrumba Downs, sold for $620,000.This home at Murrumba Downs has been snapped up by an investor for $620,000 as the market struggles to keep up with demand.RE/MAX Living sales associate David Merryweather said while most investors don’t tend to get attached to properties, he suspects this one may be a bit different. last_img

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