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Illawarra rural acreage fetches over $4m months after failing to sell at auction | Mercury of Illawarra

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High-end properties in Illawarra that did not sell under the hammer nonetheless fetched significant prices in the post-auction period. For example, a listing in the tightly held rural area of ​​Darkes Forest that went up for auction late last year sold for more than $4 million. ‘Wirruna’, located at 128 Darkes Forest Road, Darkes Forest sold for $4,150,000 last week. Read more: First-time home buyers snatch $650,000 from Berkeley home without being seen due to COVID The property originally went up for auction in December. At the time, although there was no price guide available, Ray White Helensburgh sales agent Mattias Samuelsson said there had been interest in excess of $4 million. According to CoreLogic, it sold out after 126 days on the market. Mr Samuelsson said that since the auction there had been constant interest and inspections, including weekly offers. He said he sold it to a family in Sutherland County, who planned to use it as a weekend “where they could enjoy the land and enjoy the space”. The family home is situated on 37.97 acres. The terrain includes paddocks, parks, dams, streams, bushland and more. The single-story family home features five bedrooms, three bathrooms, multiple indoor and outdoor living areas, a remodeled kitchen, a three-car garage, and a swimming pool. Over the years the property has hosted weddings, parties, camping, biking trails, horseback riding trails, swimming pools and much more. Property sales are generally rare in Darkes Forest, which has a population of 115. According to CoreLogic, there have only been a little more than a handful of suburban sales over the past decade. Read more: How this Woonona beachfront home inspired a surf photographer’s career Meanwhile, the property at 36A Lawrence Hargrave Drive, Austinmer also sold last week after being sold at auction . The seven-bedroom home is located near Austinmer’s surf patrolled beach, Sharkey’s Beach and the Headlands Hotel. The house sold for $3,060,000. According to CoreLogic, it had a list price of $3 million and sold out after 44 days on the market. Sales agent, Vanessa Denison-Pender of McGrath Estate Agents Thirroul, said the house was sold by negotiation after it went up for auction a few weeks ago. “It was sold to a local family who rented in the area until they bought it,” she said. “The property is unique in its style and presentation.”

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