Cassidy Real Estate’s Neil Robson declined to reveal the guide and reserve, but said it had sold “for a few $100,000 above the reserve”. Epping’s median house price rose 9.4 per cent to $2.5 million in the year to December on Domain data.
The vendors were downsizing in Epping.
Robson said the property’s appeal was its location in a premium street with amenities nearby. Interiors featured ornate ceilings and a retro-style bathroom.
He said while the February rate cut hadn’t necessarily increased activity, it had given buyers more confidence.
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