A residence with “park-like surrounds” that was the birthplace of Charlie’s Run For Kids charity in Charlestown has given Jordan Street its first million-dollar sale.
Ray White’s Teresa Heighington sold No.3 for $1.125 million. The four-bedroom home was set on a 1612 square metre block and had had the same owner for over 30 years.
Homes in the cul-de-sac are tightly held, with the last one being sold in 2012, according to Australian Property Monitors data.
Ms Heighington said the property that had development potential was being marketed with a guide of $1.1 million to $1.2 million and the sale exceeded expectations.
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The property lasted just two weeks on the market before being secured by a local buyer.
“A standard house on a standard block wouldn’t have achieved that,” Ms Heighington said. “It’s fantastic for the area.”
Also in Charlestown, a three-bedroom home on the Pacific Highway was bought for $525,000.
The median sale price for Charlestown rose from $542,500 in 2016 to $620,500 last year.
A home which had been in the same family for over 50 years and was set on over 700 square metres of land in Hillsborough’s Percy Street sold for $600,000.
In the tightly held East End, where there has been a string of properties hit the market this year, 1 Stevenson Place sold for $1.75 million.
It comes after No.6 in the street was sold for $1.8 million last month.
A three-bedroom townhouse with water views in Carrington’s Forbes Street was sold for $875,000.
A renovated three-bedroom home on 304 square metres in Maryville’s Estell Street was bought for $800,000 and a three-bedroom home on 305 square metres in Lewis Street sold for $745,000 as the harbourside suburb continues to prove popular in the marketplace.
In Cardiff South’s Maud Street, a three-bedroom home on over 700 square metres was secured for $550,000. In New Lambton, there was a $1.17 million sale for a home in Hooper Street within walking distance of Blackbutt’s Richley Reserve and a sale of $1.07 million in Portland Place.
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