Thursday, July 7, 2022

Australian couple sells home for $50k less than best offer

Australia sells home

The previous owners parted ways with the lavish property for $3.45 million – $50,000 less than the asking price

A NSW (New South Wales, Australia) couple have made the extraordinary decision to accept a lower price for their stunning waterfront home for one heartwarming reason.

The lavish four-bedroom home is located in the idyllic town of Nelson Bay, just over a two-hour drive from Sydney in the ‘blue water paradise’ of Port Stephens.

The previous owners last week parted ways with the lavish property for $3.45 million, an entire $50,000 less than the asking price.

Real estate agent Dane Queenan revealed the homeowners, who wanted to downsize, accepted the offer because it came from locals in the area.

We had multiple people fighting for it so we negotiated a deal prior to auction, Mr Queenan told the Newcastle Herald.

There was a client who offered over $3.5 million, but the clients chose to go with the current buyers because they were locals, he said.

Most people would have taken more money, he said.

The agent said the sale was the current record for the street and takes second place for the most expensive waterfront home sold in Port Stephens.

The beachside home catches the sunrise horizon every morning and boasts panoramic views of the dreamy Dutchmans Beach.

The property features a home theatre, study, guest bedroom, internal laundry and a third living room complete with a kitchenette.

A swimming pool encircled by glass panels and a large wraparound balcony gives way to stunning views of the ocean.

The property is just a ten minute walk to Nelson Bay Central Business District, D’Albora Marina and an array of retail shops and restaurants.


The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply