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95 Channel Hwy, Kingston. Picture: SUPPLIED

TASSIE’S most viewed home of the week is often $1 million-plus new listing — but not last week.

Instead, property hunters were attracted to a cute and comfortable 1950s Kingston home with impressive updates and huge views.

Harcourts Signature New Town property representative Mike Bowman said the price point “Offers over $395,000” was certainly attractive.

“But on top of that, my vendors have a fabulous eye for colours and style,” he said.

“All the artwork around the house is colourful but with a very homely feel and they use a lot of wood which is warming.

“Among its impressive features, potential buyers like the hardwood floors, the sun deck and the mountain views.”

What a luxury.

The property has almost been on the market for one week and already it has been viewed over 8000 times on realestate.com.au.

Mike said the level of inquiry had been “massive”.

He spent two days at the property hosting inspections, extended the open home fourfold and has multiple offers on the table.

“We received four written offers on Friday and I’m expecting many more,” he said.

The superb kitchen.

The property at No.95 Channel Hwy, Kingston offers three generously sized bedrooms serviced by a central bathroom.

There are Tasmanian oak floors throughout the house coupled with wooden benchtops in the kitchen and laundry.

The kitchen is well-appointed with ample benchspace and cupboards plus direct access to the deck for entertaining.

Warm up by the fire.

The grounds have been landscaped.

The covered spa deck is a standout feature with its outlook over Kingston, Ferntree and to Mount Wellington.

The post Top of the charts: Tassie’s most viewed home a weatherboard gem appeared first on realestate.com.au.

The Broadview property at 32 Beaven Ave sold under the hammer at the weekend. Pic: realestate.com.au

A Broadview home that dozens of househunters were determined to get their hands on will be bulldozed.

The rundown four-bedroom house at 32 Beaven Avenue attracted 30 registered bidders at auction on the weekend.

Selling agent Nino Micic, of Harcourts Plus Seaton, said it sold under the hammer to a young family who planned to demolish it and rebuild a larger home.

While he knew it would appeal to househunters looking to renovate or redevelop, Mr Micic was shocked at the level of competition.

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It attracted 30 registered bidders. Pic: realestate.com.au

A family bought it with the intention of demolishing it and rebuilding another home. Pic: realestate.com.au

“It felt like a COVID-free world on Saturday morning,” he said.

“In 16 years, that’s the most bidders I’ve ever had at an auction. I expected 15 to 20.”

He said bidding started at $300,000 before jumping from $320,000 to $450,000, then climbing gradually to $552,000 when the hammer came down.

“We put the property on the market around $535,000,” he said.

“The last $2000 to $3000 … it was a matter between two bidders.”

Mr Micic said it attracted a range of buyers, from developers to owner occupiers with plans to renovate or rebuild.

Despite the house’s current state, he said they were attracted to its 701sqm corner block and the prospect of subdividing.

The 1950s-built house – which has boarded up windows, crumbling walls and patchwork floors – has remained an empty and rundown shell for more than a decade.

The selling agent was surprised at how many people registered to bid for the house. Pic: realestate.com.au

Its sellers had been chipping away at restoration plans for years but decided to cut their losses and put it on the market in June.

Mr Micic warned prospective buyers that a renovation was “not for the faint-hearted”.

Meanwhile, another rundown property at Prospect sold under the hammer at the weekend

First National Riggall principal John Riggall said five registered bidders vied for the keys to the three-bedroom house at 33 Camroc Avenue, which was snapped up for $610,000.

“The people who bought it are owners occupiers so they are going to renovate it and live in the home,” he said.

The property was advertised with a $575,000 price guide.

The post Dozens of bidders compete for rundown Broadview home at auction appeared first on realestate.com.au.

What could be more London than creating a home that would fit the same size as a tube carriage? With a narrow 2.8 metre-wide site and flanked by walls on both sides, this tiny home was slotted into an alleyway.

This two-storey, one-bedroom home with a garden prioritised quality of space over minimising space standards.

At just 2.8m wide, this gorgeous London home is small but mighty. Picture: Jim Stephenson

Named Slot House, the focus from London-based architectural firm Sandy Rendel Architects was to create space that one could not just live and work in, but really enjoy being in.

The result is a gorgeous home that is no bigger than a tube carriage, with well-appointed materials and a minimal layout that favours form and simple spaces.

The mix of materials and colours are calming to relax in. Picture: Jim Stephenson

Featuring a colour palette of cream, sage, grey and natural materials, combined with the open spaces and light, the home feels light, airy and non-cramped. It even has a somewhat Zen vibe.

It’s hard not fall head of heels for the combination of materials – such as steel structure with exposed Douglas fir joists, spruce plywood walls and the beautiful juxtaposition of cork and terrazzo floors.

The openness of the layout and the skylight make for a light and airy space. Picture: Jim Stephenson

The home is as open as possible to maximise light and increase the sense of space, and packs a powerful punch with the main living areas on the ground floor and the master bedroom and study on the first floor.

The study on the first floor has a picturesque view out over the garden. Picture: Jim Stephenson

Natural light floods the space via large windows at both the front and the rear of the home and a skylight about the stairs.

The mix of materials and colour palette create a calm and relaxing home. Picture: Jim Stephenson

In order to exploit as much space as possible from the constrained plot size, the house was cleverly constructed using a lightweight steel frame on a piled slab.

The post Tiny 2.8m-wide train carriage-sized home slotted into London alleyway appeared first on realestate.com.au.

Experienced renovators saw value at 27 Empress Avenue, Kingsville.

Strong online auction results were recorded for the second weekend in a row following the reinstated ban on public sales.

A renovator’s delight in Kingsville received bidding from a whopping 11 groups before selling for $690,000.

The reserve for the property at 27 Empress Avenue was believed to be $575,000.

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The Kingsville property’s laundry and bathroom were a ramshackle affair.

There were 11 bidders competing for the two-bedroom house.

The sale comes as Melbourne recorded a preliminary clearance rate of 68.4 per cent from 177 reported results, according to realestate.com.au data.

Jas Stephens Yarraville agent John Galea said the amount of competition, largely from experienced renovators and tradies, was “extraordinary”.

“I’ve never seen it in my 16 year career, to have 11 individual bidding parties — it’s just phenomenal,” Mr Galea said.

“In our corridor we’re lacking stock where there’s either a great opportunity such as renovations and adding value, or good quality homes.”

The Kingsville property last sold in 1973.

First-home buyers were turned off by the amount of work the property required.

A Hills hoist stands proud in the backyard.

The dilapidated house sold for the first time since 1973 to a young couple — a schoolteacher and a carpenter — who were purchasing their first home together.

“They are looking to renovate the property and make it a home,” Mr Galea said.

“There was a mixture of experienced makeover couples competing — people that have done this time and time again.”

Mr Galea added there was “initially an abundance of first-home buyers” expressing interest in the rundown home, before inspections revealed the amount of work it required to be made liveable.

Fast bidding drove a Wheelers Hill property to sell for a $100,000 premium under the hammer.

The four-bedroom house at 54 Darnley Grove sold for $1.206m to a young family.

A four-bedroom house at 54 Darnley Grove, Wheelers Hill sold for $1.206m.

A young family secured the contemporary home.

“Everyone just wanted it,” Harcourts Judd White director Dexter Prack said.

“If it’s a sought-after property that’s realistically priced, I don’t think it matters whether it’s on-site or online, you’re going to get activity,” he said.

But the virtual format wasn’t without its problems, as an online auction at 10 Stradbroke Road, Boronia crashed while the auctioneer was conferring with the vendor on price expectations.

No. 10 Stradbroke Road, Boronia is still on the market.

The property passed in for $1.51m.

EYS Auctions director Fabian Sanelli said the network issue did not halt the momentum as the halftime break had already been called.

“Because there was a pause the momentum was already stopped,” Mr Sanelli said.

The spacious five-bedroom house passed in at a price of $1.51m shortly after the pause.

“People logged back in and we pretty much wrapped it up in a couple of minutes,” Mr Sanelli said.

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jack.boronovskis@news.com.au

@jackboronovskis

The post Unliveable Kingsville house attracts fierce bidding from renovators appeared first on realestate.com.au.

Pamela Phillips and Greg Cherry are selling Marysville’s Crossways Historic Country Inn. Picture: Jay Town

A Marysville hotelier who fought off the flames on Black Saturday with a hose and bucket is calling last drinks on his beloved country inn.

Greg Cherry and partner Pamela Phillips are selling the Crossways Historic Country Inn at 4 Woods Point Road as they look to retire.

The listing comes as the popular tourist town’s old guard, including the long-time owner of the popular lolly shop, prepare for a new generation to take over a Marysville they believe is now better than it was.

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Mr Cherry stayed through the night on February 7, 2009, to keep the fires from his local landmark. The building was one of few to survive and is now believed to be the oldest commercial building left in town.

The couple have restumped, rewired and updated it, but have never resumed operating it the way they had before the fires.

They also added the bar to the property, though did so in keeping with its history.

They’re hoping a new owner will reopen it for the public to enjoy.

“There’s a big following of people who love it here, hardly anyone walks in the door without just saying ‘oh my god’ and ‘wow’,” Ms Phillips said.

“But I’m over 70 now, so cooking 150 meals on a Saturday is a bit much.”

The property comes with a commercial kitchen.

It’s also been a popular spot for weddings and events.

For sale with a $1.4-$1.5m asking price, the 2500sq m property also features several bed and breakfast cottages and is surrounded by gardens. The main building features two restaurant-style areas, a bar, function room and a commercial kitchen.

There is also manager’s accommodation with a lounge room, kitchen and two bedrooms.

It is prominently located on the road that heads up to Lake Mountain.

The property has had just four owners across its almost 100 years.

The couple have registered the Marysville Tavern business name and hope to see it reopen as a restaurant or local pub.

Ray White Rural’s Nik Patek said Marysville had resumed its position as Murrindindi Shire’s most prominent property market after dropping back following the fires.

“The main street now has a really nice feel about it,” Mr Patek said.

“It’s more modernised, but there’s not a lot of evidence that it was burned out.”

Julia Harris bought Marysville’s lolly shop in 2005 and rebuilt it after Black Saturday, but after selling the business a few years ago she’s now selling the building. Picture: Jay Town

Ms Harris with her west highland terrier Wynnie in her two-bedroom home upstairs from Marysville’s much loved old fashioned lolly shop. Picture: Jay Town

Marysville’s Old Fashioned Lolly Shop owner Julia Harris turned her business over to another local about two years ago, but is now selling the freehold as well as her dream two-bedroom home upstairs.

Ms Harris ran the store with a business partner from about 2005, but rebuilt it by herself at 8 Murchison Street after the fires — initially from a shipping container.

With a skate park and playground with a flying fox now over the road, Marysville was “back to better than before normal before the start of this year”.

“So now it’s a chance for young ones to take over,” Ms Harris said.

The lolly shop downstairs is leased for the next five years.

The property is on a 908sq m allotment.

With a $1.275 million asking price the property includes Ms Harris’ current home, a two-bedroom unit above the shop with impressive raked ceilings, hardwood floors and a rear deck for entertaining in warmer weather.

The operator of the Old Fashioned Lolly Shop has a five-year lease and a five-year option.

Real Estate Yarra Valley’s Stuart Aldridge said with a secure tenant and a charming home upstairs, it would suit a full-time resident, holiday-home hunter or investor.

High raked ceilings create a bit of wow factor for the home’s living spaces.

The home’s kitchen is a modern masterchef’s dream.

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The post Crossways Historic Country Inn, Marysville lolly shop site for sale appeared first on realestate.com.au.

The Melbourne buyers had their heart set on the house in Swanston St, Geelong from the minute they laid eyes on it.

MELBOURNE buyers with their hearts set on a 150-year-old bluestone house in inner city Geelong had to tune on nervously from afar as the lockdown prevented them from bidding in person on Saturday.

Barry Plant, Geelong agent Mitchell Falzon said tears were shed as their representative on the ground secured 91 Swanston Street for $725,000.

Barry Plant, Geelong agent Mitchell Falzon auction 91 Swanston St, Geelong on Saturday. Picture: Glenn Ferguson

He said the out-of-town buyers beat one other bidder for the renovated four-bedroom house just moments from Geelong hospital and the waterfront.

“At the moment with these weird and wacky times they weren’t able to attend the auction but they had someone there,” Mr Falzon said.

“It was the character of the house, they were trembling at the knees when they first saw it.

“Then they saw the location and that got them over the line.”

The buyers had a bidder among the crowd on the ground. Picture: Glenn Ferguson

The interior blends old and new.

There’s space to entertain outside.

He said they were able to inspect the property earlier in the campaign and looked forward to calling it home.

The house dates back to the 1870s and retains exposed period detail like bluestone walls, high ceilings and cornices.

Modern meets heritage in the kitchen/meals area.

An open-plan living area at the rear links to a deck for outdoor entertaining, while the backyard is home to a separate studio/rumpus room and a single garage.

It was listed with price hopes of $700,000 to $770,000.

The post Tears shed as locked down buyers secure Geelong home from afar appeared first on realestate.com.au.

Rental values have fallen in Southbank and CBD since the onset of COVID-19. Picture: David Caird

An explosion of listings has put tenants in the box seat to negotiate lower rents in inner-Melbourne suburbs.

But cruelly, the emergence of renter’s markets in suburbs like Southbank, Docklands and Carlton has partially been driven by the plight of tenants who’ve lost income amid the COVID-19 crisis, according to ANZ and CoreLogic’s latest Housing Affordability report.

A dangerous double whammy of falling demand and rising supply has fuelled a 57 per cent jump in the volume of rentals on the inner-Melbourne market, from 7011 in March to 11,019 in June.

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CoreLogic head of research Eliza Owen attributed this to an exodus of overseas migrants and workers in the struggling hospitality, arts and recreation sectors — groups that were more likely to rent than own — combined with Airbnb owners converting properties to long-term rentals amid a tourism drought.

Inner Melbourne’s rental stock increase was the largest of any capital city region, followed by Sydney’s city and inner south with a 53 per cent rise to 5530 listings.

Melbourne’s inner east and inner south both notched 19.7 per cent increases to have more than 2300 listings each.

The report found the stock boom had translated to hefty rental value declines in inner suburbs in the March-to-June period, with Southbank’s median falling 7 per cent to $525 per week.

The suburb had 1554 rentals on the market by June’s end, and a 16.2 per cent vacancy rate.

Tenants like Oliver Mullaney, Riley Mayne and Damien Lee are in a strong negotiating position for homes in inner-Melbourne. Picture: Rob Leeson

The CBD, where there are 2678 available rentals, notched a 6.9 per cent value drop to $528.

Docklands, Carlton, West Melbourne, North Melbourne, Parkville, East Melbourne, Port Melbourne and Albert Park each experienced price falls between 3.7-6.5 per cent, and as such were also identified as postcodes where tenants were “most likely to negotiate lower rents”.

Ms Owen said when supply outweighed demand, tenants gained “power to negotiate”. But it was important to remember affordability hadn’t improved for renters who had lost income.

She said another outcome of the rental glut was that investors were “losing interest in the

housing market”, with investor finance falling sharply in April and May.

Tenants in sectors hit hard by COVID-19 are doing it tough.

Tenants Victoria chief executive Jennifer Beveridge said renters were “over-represented in hard hit areas such as hospitality and other service jobs”.

“So what may seem to be ‘cheaper’ rent may not actually be affordable for these challenging times,” she said.

Ripponlea renter Courtney Windross said she was luckier than some, despite being stood down from the restaurant where she worked part time while completing a masters degree.

The fact the 29-year-old’s partner was working full time and receiving JobKeeper payments meant they could still afford their unit. But the couple’s plan to save to buy their own home had been “wiped out” for the time being.

“All our income covers the rent, bills and food, but there’s nothing else,” she said.

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samantha.landy@news.com.au

Negotiating tips for tenants

— Be aware several inner-city rental markets are now oversupplied, giving tenants more choice and a position of power to negotiate from

— Work out what you can afford to pay in rent, while being aware paying 30 per cent or more of your household income (before tax) places you in “rental stress”

— Consider whether the terms of a lease, including the length, meet your needs

— Keep a written record of discussions, with negotiating via email a good idea

— Research comparable properties on the market to ascertain average asking rents in your desired area

— Remember, renters have rights and there are extra protections in place due to COVID-19

— Also consider many landlords are doing it tough

— Use resources provided by Victoria’s leading tenancy legal service at tenantsvic.org.au

Sources: Tenants Victoria, CoreLogic’s Eliza Owen

Suburbs where tenants are most likely to negotiate lower rents

Rental value decline from March to June / median rental value / number of listings in June

Southbank: 7% / $525 / 1554

Melbourne: 6.9% / $528 / 2678

Docklands: 6.5% / $547 / 661

Carlton: 5.8% / $452 / 533

West Melbourne: 5.3% / $481 / 234

North Melbourne: 4.4% / $466 / 265

Parkville: 4.2% / $446 / 88

East Melbourne: 4% / $555 / 109

Port Melbourne: 3.9% / $623 / 299

Albert Park: 3.7% / $756 / 60

Source: ANZ and CoreLogic

The post Melbourne inner suburbs become renter’s markets due to COVID-19 appeared first on realestate.com.au.

Renters who abandoned the Gold Coast market are now returning, but with tighter budgets in mind for their accommodation.

While the housing rental market was largely unaffected during the pandemic period, units in beachside suburbs including Surfers Paradise and Broadbeach bore the brunt as out of work hospitality and retail workers were forced to vacate.

This modern furnished two-bedder on 3/8 Leonard Avenue, Surfers Paradise is listed for $380 per week.

Real Estate Institute of Queensland Gold Coast zone chair Andrew Henderson said vacancy rates have decreased as people return to work but the market is noticeably price sensitive.

“I think people are looking very carefully at their overall spending and rent is one
of those areas where they have been quite careful in how much they want to spend,” he said.

“If you price something a little bit high you don’t get the level of interest as if it was priced to meet the market.”

Current data from realestate.com.au offers a snapshot of median rental prices across the Gold Coast over the 12 months to July.

This one-bedder in Molendinar includes WiFi, power, water, a TV and DVD player and courtyard for $350 per week. Picture: realestate.com.au

The most affordable suburb in which to rent a unit is Molendinar, where the median weekly rent is $380.

A search on realestate.com.au shows pickings are slim, however, with a one-bedroom, one-bathroom unit the only offering in Molendinar at $350 per week.

Ideal for a student, the rent for this self-contained furnished unit includes Wifi, power, water and a courtyard.

Nearby Nerang offers the next cheapest digs, with weekly rent setting you back $385 a week. There are currently four listings priced between $300 and $480 per week for three bedrooms with a large yard on Gilston Road.

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The northern Gold Coast offers plenty of affordable locations for unit dwellers, including Pimpama ($385), Labrador ($395), Coomera ($390), Parkwood ($400), Arundel ($410), Oxenford ($410), Upper Coomera ($410) and Coombabah ($420) and Runaway Bay ($425).

For a more central location, median unit rentals in Southport cost $420 per week while $430 will get you even closer to the beach in Surfers Paradise.

While prices are slightly higher, renters are spoilt for choice with more almost 500 units and apartments currently available for rent in Surfers Paradise and 300 listed in Southport.

Weekly rent of $350 buys a one-bedder with a golf course view and use of Surfers Fairways East Resort in Clear Island Waters.

Renting by the Surfers Paradise Golf Course in Clear Island Waters presents as good value with a media rate of $400 per week. There are four units available on Fairway Drive priced between $340 and $380 per week.

A renovated and furnished one-bedroom unit for $380 in the Surfers Fairways East building at 13 Fairway Drive enjoys use of the resort pool and sauna as well as easy access to the golf course and tennis courts.

The post Top 10 most affordable suburbs to rent a unit on the Gold Coast appeared first on realestate.com.au.

Three generations of the Bisinella family inspect the new site in Baywater Estate, Bisinella Developments’ chief financial officer Steven O’Neill, managing director Lino Bisinella, Adam Bisinella and director Richard Bisinella.

A LAND grab across Geelong, spurred by the new HomeBuilder grant, has prompted a key developer to fast track construction at a Bellarine Peninsula estate.

Bisinella Developments has released stage 13 of Baywater Estate in Curlewis six months earlier than expected.

Civil contractor Wellam Constructions started work on the 29-lot stage on July 1 and it is expected to be finished in January next year.

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Bisinella Developments director Richard Bisinella said there had been strong demand for stages 1-12 at Baywater Estate, with only 16 titled lots remaining.

The developer is offering a $30,000 rebate for purchasers in those stages and has announced a $20,000 one-off rebate for those buying land in stage 13.

This is in addition to the Federal Government’s $25,000 HomeBuilder grant.

The view towards the You Yangs from Baywater Estate.

“The Federal Government’s $25,000 HomeBuilder package, combined with the grants being offered by Bisinella, has led to a significant increase in sales in Baywater Estate,” Mr Bisinella said.

“As a result, we have brought the construction of Stage 13 ahead of schedule by six months.

“We are noticing a strong interest for land on the Bellarine Peninsula, with the incentives opening up the estate to a wider market.

“Purchasers are looking for titled land so they can take advantage of the incentives and build their home straight away.”

Homebuyers Kyarna Cloke and Ben McCarthy discuss land options with Warralily Estate manager Claire Almond. Picture: Peter Ristevski

Geelong developers reported a surge of interest in land during June as buyers raced to take advantage of the new HomeBuilder grant.

Villawood executive director Rory Costelloe said sales were at double the projected numbers in recent months.

“We had very, very slow numbers in March … so if you average it out over 12 months we are back where we should have been,” Mr Costelloe said.

He said there were a higher proportion of first-home buyers in the market, chasing titled land as they needed to enter building contracts by the end of the year to secure the grant.

The post Baywater Estate, Curlewis land released six months ahead of plan appeared first on realestate.com.au.

22 Colleen Crescent, Primrose Sands. Picture: SUPPLIED

AS delightful and it is low maintenance, this Colorbond home will be a winner for those looking for a quiet lifestyle.

Set on a sprawling 3600sqm-plus block, the property feels even bigger still with its views across to the water and out to nearby hillsides.

The builder of this immaculately presented home definitely had his thinking cap on when orientating the home toward its neighbouring wetlands, the Carlton River and Mount Wellington/kunyani in the distance.

This two-storey home is spacious and bright with high ceilings and a neutral colour palette.

There’s room for all of the family here with just under an acre cleared land.

Space to roam.

Cosy comforts.

For property owners that dream of having some animals, there is abundant space.

The ground floor of the home is open plan with two large living areas separated by the kitchen in the middle

The front living room could be used as a sitting room or a large dining space.

The living area to the rear has big windows that take in the water views.

Via glass doors there is a huge undercover veranda, a perfect place for relaxing, alfresco dining, barbecues or entertaining friends and family.

The kitchen will be a delight for the family cook. It has an induction cooktop, double wall ovens, a full extraction rangehood, a dishwasher and a microwave. It offers generous bench, drawer and cupboard space and — if desired — there is plenty of room for an island bench.

This level also houses the laundry.

Alfresco entertainer.

Cook up a storm.

The upper level of the property is home to the master bedroom with a walk-in wardrobe, a three-piece ensuite and a balcony overlooking the beautiful views.

Bedrooms two and three are spacious double-sized rooms with built-in wardrobes.

The fourth bedroom could be suitable for use as a nursery or a study as desired.

A landing area on this level offers the flexibility to be used as a family retreat or a reading nook.

The family bathroom is also upstairs with a tub for soaking in and a separate shower, plus a vanity.

Outdoors, the property has a double garage with lights and power, plus two large water tanks and a newly gravelled driveway.

If required the owner could park five or more vehicles in the long driveway — cars, a boat and a caravan, too.

Primrose Sands is a 20-minute drive to the main shopping precinct of Sorell, 30 minutes to the airport and about 45 minutes to Hobart’s CBD.

The suburb’s fishing and boating destinations are close by this impressive property.

No.22 Colleen Crs, Primrose Sands is listed with PMM Real Estate and priced at “Offers over $560,000”.

The post A fantastic lifestyle at your fingertips appeared first on realestate.com.au.