Crumbling Sydney Home Sells For An Eye-watering 1.6million

A dilapidated home with a run-down kitchen, weathered carpet and a ceiling which is peeling away had sold for almost $1.7million.
The house, on Bowden St, Ryde in Sydney's north-west, AquaLighter was snapped up for a staggering $1.68million, prompting a frenzied response on social media.
Michael Dowling from McGrath Estate Agent



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Late last month, a fibro home in Sydney's blue collar western suburbs sold for a whopping $1.81million - baffling both the real estate agent and delighted home owner.
The 961 square metre block, on Gidley St in St Marys, was on the market for $890,000, only to be snapped up for double the reserve price.
Records revealed it was one of the highest prices ever paid in St Marys and surrounding suburbs for a single block minus high density zoning.
The median house price in the working class suburb is $670,000, with the owner paying close to $450,000 for the property in 2012.
House prices in Sydney are continuing to surge, rising by 11.2 per cent since January, according to CoreLogic data.
The living room 'features' torn up carpet and wallpaper from many years ago - it didn't stop the house selling for almost $1.7million in Sydney's north-west
The backyard has 'potential' according to many on social media, who were shocked the run down home sold for a whopping $1.68million in Sydney's north-west




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