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Posted: 2018-08-08 00:00:00

The Rozelle property market has hit new records with the sale of a residential property sold for $4.1 million.

Savills Residential's Thomas Skelly marketed the property located at 90 Evans Street, Rozelle and said significant interest was received.

“I received 160 email enquiries and toured 89 groups through the property. There were several strong offers received and the property was sold for this record price after only two Saturday open homes,” Mr Skelly said.

A local family ultimately secured the 18 year old, full brick residence that is spread across three levels and features underfloor heating, three verandahs and an atrium.

A waterfront property located at 23 Margaret Street, sold for $4.1 million in January, 2018 and since then the area has recorded a significant property price drop by 11.9 percent.

The sale of 90 Evans Street displays a remarkable market recovery, particularly as the property is not situated in a waterfront location.

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