$1.9m for a Merewether knock-down SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.
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SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

SOLD: This property on Coane Street in Merewether is in need of a full renovation or knock-down but sold for $1.9 million under the hammer last week.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

TweetFacebookDomain,had been in the Field family for nearly 100 years.

First home buyers zero in on Mayfield INTEREST: 68 groups were shown through this three-bedroom house at Mayfield within 24 hours. The property sold within four days for $573,000, well above the price guide.

First home buyers are intensifyingtheir search inmiddle ring suburbs,pushing prices well north of half a million dollars.

Mr Rafty said some of the hot spots were Mayfield, Georgetown and Hamilton North, all within fifteen minutes driveof the coast.

Within 24 hours, he took 68 groups through a three-bedroom house at 12 Robert Street, Mayfield. The property sold in four days for $573,000. Another41 groups inspected a homeon Parkview Street, Georgetown.

An open home on Crebert Street in Mayfield attracted such large crowds that some locals mistook the inspection for a sporting event.

Mr Rafty said much of the demand was also coming from Sydney investors “who are happy to buy the property, lease it and then forget about it.”

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