Forest Lodge terrace sells for $2.93 million to family upsizing from Chippendale

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Forest Lodge terrace sells for $2.93 million to family upsizing from Chippendale
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A Victorian terrace in Forest Lodge has sold for $2.93 million to a young family upsizing from Chippendale | TawarRazaghi

An investor has snapped up a Federation house in Tempe for $1,261,000.A Victorian terrace in Forest Lodge has sold for $2.93 million to a young family upsizing from Chippendale., which had a price guide of $2.5 million.All the registered parties took part in the auction, with the first bid bang on the guide thanks to a downsizing couple from Melbourne dialling in.

“It just shows good quality homes around the inner city are still performing well,” Carvalho said. “There are a lot of young families that have felt the walls closing in on them in the last few years and are probably leaning towards upsizing rather than renovating due to building costs.”Credit:It was one of 763 homes scheduled to go under the hammer in Sydney on Saturday.Another well-maintained property, this time in Lane Cove, was also strongly contested.

“It’s a unique property in the area – there are not many Torrens-title duplexes – and it was fully renovated; there was not much to touch,” Lloyd said.“[With] the cost and delays with trades, buyers are leaning towards properties fully renovated. It was turn-key and you could move straight in.”Lane Cove’s median house price rose 5.7 per cent to $2.7 million in the year to September.66 Station StreetThe four-bedroom, two-bathroom Federation house, with a guide of $1.

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