The market is hot for first home buyers, drawn in by softer prices. But on just 44 square metres, this home was too small for even many of them.
A two-bedroom, one-bathroom house on 44 square metres at 5 Avon Street, Glebe, NSW. Sold before auction for $1,305,000.How long was this on the market? [Dickey]Narrower than a car park: At only 44sq m, the house at 5 Avon Street in Sydney’s Glebe was an alternative to an apartment. But it still sold for $1.305 million.There were multiple people interested so you could say it sold above vendor expectations but at fair market value.
Anything [on] 70-100sq m is tiny. Most entry-level houses are in the low-100-square-metre range. To be 44sq m – no one could quite get their head around it. It was an alternative to an apartment.It’s on 44 square metres, but it’s super cute. It’s a little terrace, a double-storey terrace, but the way it’s situated in the street is that the window of the upstairs bedroom has incredible views of the city.
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