Pitt Town offers lifestyle blocks for acreage downsizers
A CHANCE conversation has led to a $2.1m house sale in Pitt Town — the highest price paid in the semirural suburb since September last year.
Agent Scott Rance from Rance Property started chatting with a couple at a recent open inspection in Sydney’s north west who were looking to upgrade to a 2ha rural estate. During the exchange, he realised he had the perfect buyer in mind for their own house which was not yet on the market.
“They told me that had a 2,000 sqm single level home in Pitt Town with a pool and a shed which matched perfectly a request I had from another couple looking to downsize from Cattai,’ he said.
“They also wanted a dead flat block — which this was — and also didn’t want any double storey homes on either side on backing onto it looking into the backyard.
“We ended up getting a contract drawn up and taking the buyers through the property and they bought it.”
The four-year-old contemporary style homestead at 63 Hall Street is located within the Vermont Estate. Among its features is an outdoor entertainment terrace overlooking a large solar heated in-ground swimming pool.
According to CoreLogic RP Data, the off market sale is the highest paid price since September last year.
Latest figures show there were 79 house sales recorded in Pitt Town in the 12 months ending in January with prices falling six per cent to $1.3m.
The suburb is made up of a mix of residential and smaller acreages, with larger 2000 sqm allotments growing in popularity as buyers search for lower maintenance lifestyle properties.
Mr Rance said the vendors abandoned their plans to move to a bigger estate, instead opting to buy another vacant lot in Pitt Town and build again.