Saturday, June 7, 2008

We´ll see how we go mates

When Tony Taylor and his wife, Penny, decided on a complete tree change, they saw their perfect home in Leura in the Blue Mountains. They’d been looking around for a while, so agreed to snap it up while it was available.

They’re faced with selling their home in North Sydney in a distinctly sluggish market. “But it’s a pretty saleable house in a pretty popular area, so we didn’t attach any problem to selling it,” says Tony, a semi-retired IT professional.

“And if we’d been selling even two to three months ago, we would have been all right. But we’re not despondent. We’d prefer to sell but if we don’t get what we regard as a fair price, we’ll rent it out for 18 months and see what the market does.”

The couple has lived in the 1880s Victorian house, at the end of a cul-de-sac on Oak Street, for the past 14 years and it has been completely renovated and refurbished.

With four bedrooms, two bathrooms and a courtyard including convict-laid pavers and a pergola, it goes up for auction today by McGrath Estate Agents (0420 989 179), with the hope that it’ll sell for more than $1.3 million.

“A place near us sold for 70 per cent over its original expectation a few months ago,” Tony says. “But the market isn’t that hot any more. We bought before we sold because the Leura house will be ideal for us.

“We’ll see how we go.” No worries

Posted by flatiron at 18:34:37
Comments

Leave a Reply