North Epping lifestyle a big attraction
The new owners of 8 Downes St, North Epping, are locals but nipping at their heels were two more buyers from the inner west.
The property sold for $1.75 million, prior to auction after less than two weeks on the market, to a young family who are living on the western side of Epping.
Sales agent Catherine Murphy from First National Real Estate Epping marketed the 1057sq m property to families looking for a great place to bring up children.
“With all the palaver around the developments on the other side of Epping, a lot of buyers are looking to the east, especially if they work in the city or Macquarie Park,” Ms Murphy said.
“North Epping is quieter and family oriented and easy to get out of and on to main roads.
“The second and third buyers from the inner west were young families looking for lifestyle – a home backing on to the bush with an expansive block of land for the kids to play on.”
LOCAL FAMILY BUYS LOCAL
A LOCAL family has snapped up 61 Boundary Rd, North Epping, prior to auction.
The four-bedroom home on 836sq m sold for $1.6 million to a couple with two children who rented in the suburb after selling their Carlingford home last year.
Sales agent Catherine Li from Ray White Epping said buyers were drawn to North Epping for lifestyle and schools.
SOLD ON NORTH EPPING
A FOUR-bedroom home on 771sq m at 17 Belinda Cres, North Epping, sold at auction for $1.48 million.
Nancy Zhang from Ray White Epping said she convinced the buyers, a family from Taiwan who bid over the phone, of the merits of the leafy suburb.
“From the house, it is less than a 30-minute walk to Epping station and it’s close to a good local school,” Ms Zhang said.
The median sale price for houses in North Epping is $1.4 million, CoreLogic RP Data reports, a 25.3 per cent increase in the 12 months to November.
Published: March 2nd, 2016
By: Shayne CollierTags: auction, city, data, developments, east, family, home, house, land, lifestyle, market, north, price growth, west