Perth woman, 102, sells home built for about $3,080 after nearly 70 years
A 102-year-old Perth woman has sold her family home of nearly 70 years to move into aged care. She and her late husband built the house themselves in 1956 for approximately $3,080, and it recently sold amid a competitive local market.
Why it matters
The story highlights the dramatic appreciation of real estate over seven decades and the personal transition of aging populations.
Elaine Keesing is saying goodbye to the only home she has ever owned, seven decades after she and her late husband built the three-bedroom property for about $3,080. Now 102, the Perth centenarian has sold the Salter Point home after living there since 1956 and is preparing to move into aged care.Keesing recently sold the house in Salter Point, a suburb of Perth, Australia, according to real estate website Domain. She and her husband bought a vacant block and built the home themselves after the Second World War, when they had been living in far more modest conditions.In a video interview with PerthNow, Keesing recalled how special it was to finally have a home of their own.“We built the house.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in