A dilapidated house with propped up walls has sold for $750,000 more than the asking price in Adelaide, where buyers and sellers are seeing big price bumps in recent months.
- A delipidated house at Glenunga has sold at auction for $2.05 million
- The sale comes amid a real estate boom in Adelaide
- A real estate expert says prices are trending up across the country
The cottage at Glenunga, in Adelaide’s inner-south-east was advertised for three weeks before being sold at auction for $2.05 million, despite its condition.
Agent Daniel Oliver had a feeling it would gain plenty of interest after advertising for the 1,200-square-metre property went live.
“Within two hours we actually got an offer that came in at $1.5 million, which was…