Derelict home in Sydney’s inner west sells for $1.3 million


A derelict home in Marrickville in Sydney’s inner west has shocked buyers by selling at auction for more than $1.3 million, The Sydney Morning Herald has reported.

The home has been named a ‘house of horrors’ as it has not had any renovations since its original purchase in the 1960s. 

The four-bedroom deceased estate had fourteen potential buyers over the weekend, despite the fact the home had rotten flooring, falling ceilings, and an inoperable kitchen and bathroom.

Picture by Julian Andrews.

Dean Vasil of Ray White Earlwood was the selling agent for the property and said that most of the buyers were interested in the property for the land value and taking advantage of the current market downturn. 

“It was a great auction. The competition was unbelievable,” Mr Vasil said. “We were very surprised by the price, but even more surprised by the level of interest.”

Auction at Marrickville property. Picture: Julian Andrews

Mr Vasil’s team had advised visitors to stay in the hallway as it was the only stable part of the floor. 

“You could not walk through the whole house. You had to be very careful,” he said.

The most realistic estimate, according to co-agent Kieran Gianoudis, was at least $500,000. He said that it was hard to determine exactly how much money would need to be spent on a repair.

“Pretty much everything needs redoing. The brick, the walls, the floors,” he said. 

Source: Sydney Morning Herald,




By subscribing you accept our Terms of Service and Privacy Policy.


Latest News

Fifty years strong: Celebrating the enduring legacy of Modern Greek at Sydney University

The Department of Modern Greek at the University of Sydney marks its milestone 50th anniversary this year and to celebrate, more than 100 past...

HACCI SA celebrate one year since revival with annual Parliament House event

By Peter Tantalos The South Australian Hellenic Australian Chamber of Commerce and Industry (HACCI SA) commemorated the first anniversary of its revival by hosting its...

AHEPA NSW to mark 90 years of service

AHEPA NSW will mark 90 years of service to Hellenism and to Australia since the founding meeting at the northern NSW town of Werris...

Tom Koutsantonis MP gets extra portfolio in SA Cabinet reshuffle

In a recent South Australian government cabinet reshuffle, Tom Koutsantonis was given an extra portfolio following the resignation of Independent MP, Geoff Brock. According to...

Stefanos Tsitsipas knocks back Maria Sakkari’s Olympics offer for ‘dream with brother’

Greek tennis champion, Stefanos Tsitsipas has revealed that he is unlikely to play mixed doubles with his Greek compatriot, Maria Sakkari at the 2024...

You May Also Like

Greek Community of Melbourne presents online lecture for The Battle of Salamis

Dr Zisis Fotakis will present an online lecture entitled "The Naval Battle of Salamis: An Instructive Example of Coalition Naval Warfare”, on Thursday 5 November, as...

Greece: Talks with Turkey on eastern Med could restart soon

Greece is close to resuming talks with Turkey over maritime zones, government spokesman Stelios Petsas said on Monday, after Ankara this month recalled an...

Sofia on Cleveland: How a yiayia inspired the Sydney Mediterranean restaurant

“It all started with Yiayia Sofia,” Sophia Bousgas, the owner of restaurant Sofia On Cleveland in Sydney, said with an emotional glint in her...