$380,000, maybe $385,000. [Records show it last sold for $395,000 in January 2017].It was purchased sight unseen and had more interest from the eastern states than it did from the local market, given the high rental yield it was offering.
Different outlook: The buyer from NSW offered cash and a higher price than local buyers were offering. This would be most eastern state investors I’ve had. I haven’t seen investor interest this strong and I’ve been doing this for 18 years.They were cash and competitive exceeding all other local buyers. There are more eastern state investors than locals. The locals buying are stillGiven where local interest in it is, it is a reasonable result. We’re the most affordable in the nation and we’ve got the best economy in the nation so the strongest job market with highest wages.
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