A house in Five Dock on the market for the first time in more than 60 years sold for $3,535,000.A Five Dock house on the market for the first time in more than 60 years sold for $3,535,000 on Saturday, with two investors going head-to-head for the home after an earlier stall in the bidding.that some were keen to restore and others wanted to knock down to make way for a duplex or dream family home.The 670-square-metre block was one of 830 auctions scheduled in Sydney on Saturday.
The house, built in 1906, had been the childhood home of Norma Jackson-Snow and Heather Rutherford, whose late parents bought the property for £4300 in 1959.“I’m chuffed ... it was a good result,” said Ms Jackson-Snow post auction, adding the family had made many fond memories in the home over the decades.
The median sale price in the suburb sits at $3.99 million, after climbing 18.2 per cent last year, Domain data shows. The buyer turnout was stronger than Mr Carter had been expecting. He noted that while there was more caution from some buyers, good properties were still selling well.
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