By Kristy Johnson
Ray White Quakers Hill Tesolin Group鈥檚 Sam Yazdi said the buyer from North Kellyville has a young family and will rent out the property in its current state. He outbid developers, investors and first home buyers.
The vendor sold the property to help pay off their mortgage. Records show the property last sold for $1,145,000 in 2021.
Yazdi said the property鈥檚 appeal was its proximity to the Tallawong Metro station, other train stations, schools, and land size of 950 square metres. He said the possibility of another rate cut next week resulted in urgency to purchase.
鈥淏uyers are paying attention to what the market is doing. They are definitely more serious now knowing another rate cut may be coming,鈥 Yazdi said.