The prestige Bellevue Hill market continues its faltering price path with a $6.1 million sale – which reflects a 7.38% annual decrease in price.
It was the former French consular residence until the dress-circle four-bedroom, four-bathroom house sold in September 2010 for $7.24 million through Ray White Prestige agent Michael Finger.
The 4 Ginagulla Road property sat among the 1,700 properties listed for sale that year by the French government as it sought to reduce its debt burden after the global financial crisis.
It was bought in 1995 for $3.75 million.
The Bellevue Hill house comes with alfresco entertaining within its 923-square-metre rear north-facing landholding.
It was sold this time around in a matrimonial matter through Michael Finger and Diane Wilson.