Record Earlwood sale for McGrath's Alexandria Stamatiou-Buda
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Jun 7, 2021
Record Earlwood sale for McGrath's Alexandria Stamatiou-Buda
McGrath’s Alexandria Stamatiou-Buda has smashed her own record by more than $2 million with the sale of a luxury home in her speciality suburb of Earlwood.
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A local family paid $5,759,000 under the hammer for 29 Keith Street, a striking five-bedroom house on 999 square metres. Six bidders registered for the evening auction and three parties competed. Bidding opened at $3.98 million.
Source: McGrath
The buyers are upgrading from their home nearby while the underbidders were all from the Inner West demonstrating buyers’ attention turning towards Earlwood in search of well-designed property on large blocks.
The local professional couple said they are very excited to have secured a rare and luxurious family home in Earlwood, right next door to the vibrant Inner West creative arts hub of Marrickville, Enmore and Newtown. They are fervent admirers and supporters of the creative arts.
McGrath’s Alexandria Stamatiou-Buda said top-quality homes are receiving strong interest and competitive bidding at auction.
“Buyers are discovering Earlwood is on the fringe of the Inner West,” she said. “Nine out of 10 of my buyers are from out-of-area. They’re coming here for the large land size and the accessibility to the city. The CBD is less than 10 kilometres away.” Alexandria told WILLIAMS MEDIA.
Alexandria reported that since the onset of Covid, people are saying they don’t want to be confined in apartments or small homes. They’re attracted to the big blocks Earlwood offers.
The three-level Keith Street home features vast open-plan living spaces, a home office, an upper-level living room opening to a deck with city skyline views. A covered outdoor terrace leads to the resort-style pool and cabana.
Source: McGrath
The previous record price paid for a home in Earlwood was $3.6 million for a home on Riverview Road which Alexandria sold in May last year at the height of Covid restrictions.
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Contact Details:
Contact details:
Alexandria Stamatiou-Buda
McGrath Leichhardt - Partner
+61 415 901 279
Email
43569
43581
Alexandria Stamatiou-Buda
