A KENMORE home has sold for more than triple the suburb’s median price in less than seven days on the market.
The home at 19 Vidgen Lane sold for $2.2 million after only 10 groups had been through the home.
According to CoreLogic data, the suburb’s median is $670,000.
Adcock Prestige riverfront specialist Jason Adcock said while there were multiple interested parties, one family put in an offer too good for the sellers to refuse.
“These people came in with a bold offer and took it out fairly quickly,” Mr Adcock said.
He said the sellers had lived in the home for 16 years, which was the trend for those in the area.
“Properties like this don’t often come to market,” Mr Adcock said.
“When they do come up, there is certainly another family ready to pounce on it.”
The agent said while the property was bigger than many in Kenmore, with 650sq m of under-roof living across one level, he said the riverfront property was still better value for money than what could be bought in nearby suburbs.19 Vidgen Lane sold for $2.2 million