Bulldogs NRL star’s bruising money loss
Bulldogs forward Liam Knight has taken a tough loss in the sale of his Vaucluse pad. Picture: NRL
Bulldogs forward Liam Knight has taken a tough loss in the sale of his Vaucluse pad.
The former South Sydney star was spotted moving out of the Old South Head Rd home over the weekend and property records reveal the home was sold in May, just 16 months after Knight bought it for $1.625m.
The three-bedroom, one-bathroom, two car space townhouse had been listed for $1100 per week rent in August last year. But it seems more recently the 29-year-old Knight who has played 83 NRL games for Manly, Canberra, Souths and the Dogs, was more recently calling it home.
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Knight has taken a loss on this Vaucluse townhouse.
It’s close to plenty of parks and walking tracks.
The home was listed for sale on March 22 and spent 57 days on market before being snapped up.
The sale price was not disclosed but given the home was slapped with a $1.4m buyer’s guide through PPD agents Alexander Phillips and Thomas Fuller, Knight likely copped a loss on the home, possibly in the vicinity of $250,000.
The pricing was somewhat surprising, given PropTrack had calculated the median apartment price has risen 13 per cent in the past 12 months prior to the home being listed, based on 71 sales.
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One of the home’s three bedrooms.
The living area faces north.
But the home only has one bathroom.
The median for all Vaucluse apartments currently sits at $1.5m, up eight per cent over the past 12 months and even higher at $1,875,000 for three-bedroom offerings.
It suggests Knight, who has done modelling shoots for the Australian men’s streetwear fashion brand La Haute, may have overpaid to buy into the block of nine that sits close to Christison Park.
Built in the early 2000s, it had previously sold at $1.18m in 2014.