Emerald, Queensland mortgagee home sold for $175,000 loss

An Emerald, Queensland mortgagee home has been sold for $230,000.

The house last sold for $405,000 in 2012.

Jason Campbell of Emerald Real Estate marketed the listing.

Situated at 3 Buchholz Place, the abode is host to three bedrooms and two bathrooms.

Set on 842 square metres, the property was built in 1997.

The house features an inground swimming pool constructed in 2009 through a DA valued at $30,500.

The home was last listed as a rental in 2016 seeking $260 per week, notably lower than the 2014 rental price of $360 per week.

It was originally listed for $320,000 in February 2019 but was reduced to $260,000 over the course of the 250 day campaign.

The median sale price for an apartment in Emerald, Queensland is $311,000, according to the latest CoreLogic data.