An interstate couple has bought a western Sydney home with grand plans in mind.
The pair, originally from Victoria who have just moved here for work, secured the three-bedroom house at 42 Gladys St, Rydalmere, over the weekend for $950,000.
Selling agent Paul Tassone from Professionals Ermington said they saw it as the perfect blank canvas and wanted to spend at least $200,000 on the old house.
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“It was a really unexpected sale because you don’t often get buyers wanting to completely revamp a property around here,” Mr Tassone told the Parramatta Advertiser.
“The lots are high up in Gladys St, with views over the (Parramatta) river, and that was a major selling point for them; they want to rebuild around that view,” he said.
On a 520sqm block with a frontage spanning about 12m wide, the house features high ceilings and timber floors.
The floorplan shows two bedrooms plus a study at entry level, as well as an open-plan kitchen, dining and loungeroom.
An expansive family or games room is on a lower level and leads to a covered outdoor area.
The house had been on the market for about seven months with a guide of $950,000 to $999,000. The sellers paid $667,000 for it back in late 2013.
Mr Tassone said they had lived in it for 12 months before putting it up for rent. They have since moved to Queensland and are said to be “over the moon” with the result.
“They had a lot of pressure on them to sell but didn’t want to drop the price — and they didn’t have to because the right buyers came along,” he said.
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The median house price in Rydalmere has risen 11.5 per cent in the past three years to $1.235 million, according to CoreLogic figures.
There were 78 properties sold in the suburb during the 12 months to October.