Killara family home sells for the same amount as it was purchased

Updated 2 years ago

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Published 6 May 2024

The Killara home sold for $625,000, the same amount as it was sold for in 2022. Picture supplied

An open-plan property in Killara has sold for the same amount it was purchased for almost two years ago.

The four-bedroom, two-bathroom house at 81 Cuthbert Street listed with Cameron Brooks at First National Real Estate Bonnici and Associates, was sold for $625,000.

The median house price in Killara is $664,000 according to CoreLogic.

The house was previously sold in October, 2022.

The buyers of the property are a family moving to the Border from Melbourne.

Mr Brooks said he has seen a lot of interested buyers wanting to make the change from major cities.

"We're getting a lot of that at the moment, people wanting to move for the lifestyle that Albury-Wodonga gives," he said.

"So we get a lot of Melbourne and Sydney, actually more Sydney than Melbourne at the moment."

The home has a large entertaining space. Picture supplied

The property had 28 interested buyers and was listed for about 100 days.

The 584 square meter home is designed for entertaining with an alfresco, open-plan kitchen and dining area and a walk-in pantry.

Mr Brooks said the location was appealing for families.

"Killara is affordable living," he said.

"I think at the end of the day, it's a good area but so is Leneva and Baranduda and everything else.

"But we've had a few people lately that have wanted to move there."

He said there was a small movement between the listing price and the sale price as "the market just came back a little."

The property at 7 Fyfe Court was a popular pick, with buyers on the Border interested in larger lot sizes. Picture supplied

The agency has also sold in the last week a four-bedroom house in West Wodonga.

The property at 7 Fyfe Court has sold for $690,000 to a couple relocating from Bendigo.

The median house price in West Wodonga is $575,000 according to CoreLogic.

The property was first listed in November, 2023, but real estate agent Tiago Neves, said unlucky circumstances, including offers falling through, delayed its sale.

There was strong interest in the 903 square meter block, with more than 40 groups attending the open home.

"Lot size and side access for a shed or caravan is probably a very big thing that's in demand currently," he said.

Mr Neves said the house had previously sold in January, 2022 for $652,000.

The house on Hickory Street in Thurgoona was sold after months of waiting for the right buyer. Picture supplied

PRD Albury-Wodonga agent Matt Sharp sold a two-storey three-bedroom home on 27 Hickory Street in Thurgoona, after it being put on the market at the beginning of the year.

It was first advertised for $529,000 and sold for $524,000.

The median house price in Thurgoona is $697,000 according to CoreLogic.

The low-maintenance renovated home was appealing for the single owner-occupier.

Mr Sharp said an almost identical house next door has also gone under offer for $524,000.

"We found that the reason that they sat a little bit longer than anticipated was because they are on a small lot," he said.

"There were people that were looking for a bigger backyard size."

The townhouse in Lavington was quickly purchased after its initial buyer fell through. Picture supplied

Meanwhile a three-bedroom townhouse at 4/542 Kotthoff Street in Lavington, was sold by PJ Murphy Real Estate agent Drew Turnbull, after its initial buyer fell through.

The property was sold to a single mother for $359,000, who was one of the 14 interested buyers at the open home.

The house proved popular first going under offer in its first week of being online.

Mr Turnbull said townhouses and units across the Border have been moving well.

WATCH: One of the world’s most significant homes, ‘Wingadal’ in Sydney’s exclusive Point Piper is offered for sale.‘Wingadal’ is the largest waterfront estate off Australia’s premier residential address, encompassing 2676 sqm of land and 98-metres of harbour frontage with front row views of the Sydney Opera House and the Harbour Bridge.
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