Purchased for $1.3 million in 2015, this 2 bedroom terrace home in Newtown received $550,000 more on auction day than it was purchased for ONE year ago, thanks in part to the styling and renovations from the team at Vault Interiors Property Styling – selling for $1,850,000.
During the sales campaign the property had over 150 buyers through the open for inspections, with 14 bidders registering to bid at the auction.
The sales result smashed the suburb record achieving $300,000 above the previous record set for a similar 2 bedroom terrace in Newtown.
No structural changes were made to the property, only cosmetic updates such as painting, flooring, new kitchen and bathroom, maintenance work in outdoor areas, landscaping and installation of a garage roller door – plus a full property styling package to showcase the usability of the space.
“Styling always influences the SALE. It is one of the stages of falling in love with a property.” – Nathan Briggs – McGrath Newtown.