A Craigieburn house bought for only $ 145,000 in 2009 has been sold under the hammer for $ 661,000, an unexpected result for the buyer of the first house that built it 16 years ago.
The Curry Neale seller obtained 40 Kelway St with the help of a first duration of the owner’s subsidy of $ 30,000 the wake of the world financial crisis, made it an investment after moving with his family.
“It is a bone a wonderful place and remains,” said Neale.
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“Now it is really special that another first -home buyer has bought it.
“It seems that the history of property continues with the same spirit that began, which is somewhat beautiful.”
The house went to an auction with a price guide of $ 560,000- $ 590,000 and opened with an offer of $ 540,000 before climbing through a strong competition of the registered bidders, three on the site and seven online before being claimed by The Young .
Mrs. Neale said the sale of the sale would go directly to pay her current mortgage.
“I think we are really satisfied with the result,” he said.
“Honestly, I don’t know if we would have gone to property without that support.
“It made a real difference, and without it, we could not be in this position nowWith the reserve bank delivering its second interest rate cut of 2025 earlier, Mrs. Neale said it was too soon how future decisions could affect.
“It’s really difficult to say,” he said.
“I think we will have to wait and see if those futures cut the real snacks, and then go from there.”
The vendors said it was moving to see a new family start their home trip.
“From what we could say, it is a young family, and that the house will continue to play the same role that he played for us is really lovely.”
Gurbaj Sandhu of McGrath Craigieburn said the result reflected the renewed urgency of the buyer.
“The Craigieburn market has always been strong,” Sandhu said.
“And with those two interest rate cuts, the buyer’s confidence has definitely jumped.
“People are anxious to enclose something before feeling at a price out of the rebound.”
The three bedroom house has robes committed to mirror, a main bath, a wide open plant life, a kitchen equipped with stainless steel and an outdoor entertainment area covered by the established garden.
It is located near the Aitken Creek Elementary School, Mount Ridley College, Brickwood Park and Craigieburn Central Shopping Center.
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