Less than half price for Spalding mortgagee offering

A four bedroom house in Spalding, a northeastern suburb of Geraldton in WA, has been offered by mortgagees for $135,000.

It was listed by Debbie Brittain from Ray White and has been on the market on and off for over the past five years.

It was first listed with $360,000 hopes in 2013.

It was more recently listed with $316,000 hopes in 2017.

It last sold in 2009 for $305,000.

Positioned on an 800sqm block, 173 Anderson St house comes with four bedrooms, good size kitchen, lounge and living room plus double carport.

The suburb's median house price sits at $140,000, according to CoreLogic.