The downsizing former RBA governor Glenn Stevens and wife Susan have banked a triumphant sale pre-auction in the Sutherland Shire.
After 27 years ownership, McGrath agent David Greig was giving a $1.7 million to $1.8 million price guide for the five-bedroom, two-storey Sylvania Waters home.
The couple paid $312,500 for their non-waterfront (top right) in 1992 which was their home along with their two children.
The Shire ranks among Sydney’s top regions securing a 90 per cent weekend success rate, upon the 75 per cent during August.
CoreLogic data shows it was 56 per cent last August.
The 61-year-old Stevens, who was at the central bank between 1980 and 2016, is now a Macquarie Group director.
In 2007, Stevens deprecatingly told a House of Representatives hearing, “My house is not a fibro house, but it is a piece of spec rubbish built in the 1970s, and in many respects it shows that.”
Three years ago the four bedroom home next door sold for $1,625,000.
This article was first published by the Daily Telegraph.