Sydney Family Farewells Belmore Home of 60 years – Realestate.com.au

It was a bittersweet end to an auction in southwestern Sydney this morning with the sale of a Belmore house that had been in the same family for just over 60 years.

The house with three bedrooms located in 32 Chalmers Street sold to a winning bid of $ 1.75 million, a result that was $ 253,000 compared to its $ 1.5 million reserve.

On Saturday morning, seller Wilma Punnett and three of her four children, Craig, Bronwyn and Melissa, celebrated the sale of the property that had had memories for six decades.

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Bought in 1962 it was a family decision to sell.

“My father succeeded three years ago,” said Craig Punnett, adding that it was originally a two -bedroom house when the family first bought.

“There were four children in one room and dad and dad in the other, a traditional expansion of the 70s went on and we just stayed a bit,” he said.

As a seller of the house, Mrs. Punnett said that it was not an easy decision to sell.

“We have been here forever,” she said.

Mrs. Punnett and her husband had one child when they first moved to the house, followed by three children in later years.

According to Mrs. Punnett, the location of the house was a family -friendly, safe community in the vicinity of schools where they knew their surrounding neighbors.

Craig, Bronwyn and Melissa with their mother and seller of the Belmore house Wilma Punnett

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There was an emotional touch to the end result of the auction.

“I think dad would be surprised,” said Bronwyn Punnett.

With 15 registered bidders, the auction started with the opening bid of 1.4 m.

Auctioneer Tony Roumanous, director of Ray White Bankstown, shared some insight into the auction and market.

“The interesting thing was that it was, was really only those two or three premium buyers,” he said.

“I think it is currently realistic.

“The stock levels are now starting to rise that come in the spring.”

Lead agent Jordon Le Breux from Ray White Bankstown said it was a very good result.

“It was a bit of a surprise, they didn’t expect that at all,” said Mr. Le Breux.

“It was really a good turnout and there was good competition.”

According to Mr. Le Breux, the location of the house was one of the driving factors for the most part of the interest in the property.

“Not much comes in this kind of place,” he said.

“It is 800 meters to the station.

“I think Belmore also comes into the world with its stores and culture and such.”

1 Park Avenue, Bexley sold $ 140,000 above its reserve

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This Bexley house was sold for $ 1.94 million, $ 140,000 above the $ 1.8 million reserve.

With six registrations and three active, chief agent Luke Lombardi from Pulse Property Agents Sutherland Shire said that 1 Park Avenue was a fantastic result for the Heritage Home.

“There was violent bid throughout the auction,” he said.

“It performed better than non-heritage houses in the area, it had a lot of charm and was built in 1913.”

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104 Wigram Road, Forest Lodge sold for $ 2.39 million

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An indoor -west -industrial good sold for $ 2.39 million, which was $ 291,000 compared to his first leading price of $ 2.1 million.

Chief agent Matthew Carvalho director at Ray White Erskyville, Alexandria, Glebe and Surry Hills said that the auction for 104 Wigram Road, Forest Lodge was put forward from the end of the month due to enthusiastic interest.

“After having been on the market for two weeks, it was in line or a little more than where we thought it could land,” he said.

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