A Baldivis, WA mortgagee home has sold for $325,000.

This marks a reduction of $150,000 on it’s July 2014 sale price of $475,000.

Lorraine Dove of RE/MAX held the listing.

Situated at 11 Lomandra View, the four bedroom, two bathroom home transacted for less than it did in 2006.

In January 2006, the 2005 built home traded for $365,000.

Located in The Rivergums Estate, Baldivis, the home is near amenities such as public transport, schools and shops.

The home originally sought $365,000, $40,000 less than what it sold

The median price for a house in Baldivis is $382,000 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 0.9%.

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