Fibro house in Western Sydney sells for over a million dollars
<p>A grimy fibro house located in Sydney’s budding western suburb of Ermington, has become the centre of a bidding war.</p>
<p>The property went up for online auction, only to be met with 21 buyers who registered to get their hands on the estate.</p>
<p>The rundown contents located on Patterson Street in Ermington sold under the hammer for $1.408 million - $258,000 over the reserve.</p>
<p>The opening bid began at $950,000.</p>
<p>Selling agent Rocco Ranieri from Richardson and Wrench-Parramatta said the house was beyond repair and would likely be knocked down.</p>
<p>“It was an extraordinary price given the condition of the house,” Mr Ranieri said.</p>
<p>“$1.2 million would have been a fair price but this was higher than we expected.”</p>
