Sydneysiders after value for money should look no further than this house on the doorstep of one of the city’s busiest train stations.
No. 29 Sturt St is on 784sqm near the Campbelltown city centre and is listed with a crazy $499,950 price guide.
This is $160,000 less than the median sale price in Campbelltown and a whopping $510,050 less than greater Sydney’s median house price.
A buyer paying the standard 10 per cent deposit for 29 Sturt St would only require $49,950 upfront, while a first homebuyer would also be eligible for the First Home Buyers Deposit Scheme and would be exempt from paying $17,835 in stamp duty.
The property has been a hit with buyers since it came up for sale on Wednesday, with more than 5183 people viewing the listing ad on realestate.com.au. The level of interest saw the house rank as the fourth most viewed in NSW this past week on the website.
Ray White — Macarthur’s Julie Latham and Michael Tan are marketing the property to buyers via private treaty and have described it as a savvy opportunity to acquire an “incredible blank canvas” near Campbelltown CBD and train station.
The three-bedroom house is in liveable condition and has retro interiors such as a pink shower. Two of the bedrooms feature built-in wardrobes, while the third has space for an exterior wardrobe.
There is also a combined kitchen and dining area that has electric cooking and a few cupboards are in need of repair.
While it may have old interiors, the home still features modern elements like ducted airconditioning.
CoreLogic reveals it last traded in 1992 for $120,000, which after inflation is $230,000 in today’s money.
The post Campbelltown home near train station is on the market for less than $500,000 appeared first on realestate.com.au.