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House Inspection and Open Homes Rules during Covid-19

Real estate never sleeps, so just because the world is battling a pandemic it does not mean you have to put the search for your dream home on hold, nor do landlords have to forgo inspecting their assets.

However, with Coronavirus impacting Australian states and territories in different ways, authorities have issued a range of guidelines when it comes to real estate.

So, here is a breakdown of rules you may have to follow for house inspections and open homes.

woman wearing mask

Masks are currently mandatory in metropolitan Melbourne and Mitchell Shire. Picture: Getty

1. You must wear a mask in Victoria

As of July 23, in Victoria wearing masks has become mandatory within metropolitan Melbourne and Mitchell Shire.

This means regardless of whether you are an agent, home buyer, renter or landlord, if you are visiting a property in these areas you must be wearing a face covering of some kind, for example a scarf, medical mask, face shield or bandanna.

This is not negotiable, and agents have the right to deny you entry if you do not follow this rule.

However, there are several exemptions including children under the age of 12, and anyone with a medical condition who is carrying documentation, like a medical certificate.

In regional Victoria it is recommended you cover up, but it is not enforced.

Masks are not mandatory in other states and territories, but people in New South Wales have been asked to consider wearing a face covering if they are in a hotspot area.

Can the government force you to wear a mask?

Yes. In Victoria, the government has put a State of Emergency in place, which gives the Chief Health Officer the power to issue public health orders – like wearing masks – that become law and can be enforced.

If the directive is not followed it can be punished with a fine of $200 and if you fail to cooperate with police you could be arrested or detained.

Is wearing a mask a violation of my rights in Victoria?

The requirement to wear a mask in Victoria has been controversial for some with a small minority of people claiming it is a human rights breach.

However, the Victorian Equal Opportunity and Human Rights Commission has issued a statement saying the mandatory mask policy is a viable legal directive.

“The Victorian Charter requires public authorities – such as Victoria Police or the Department for Health and Human Services – to take proactive steps to safeguard rights, which includes the right to life,” the commission states.

“Directions given to wear a face covering, and to ensure compliance with this directive, are appropriate steps being taken to protect the health of all Victorians and are in keeping with the human rights responsibilities of these organisations.”

How does wearing a mask help stop the spread of Covid-19?

Face masks are not a fool-proof plan of attack, but they are a simple and effective measure to reduce the virus from spreading.

Respiratory viruses like Coronavirus spread through tiny droplets that we expel from our mouth and nose.

Studies have shown these droplets can travel further than you think – especially if they are travelling at fast speed – for example when we sneeze or cough

So, when we wear a mask it simply acts as a net catching a lot of that fluid before it starts travelling through the air.

The takeaway is that masks are not necessarily used to stop you from getting Coronavirus, although they can minimise the risk.

In actual fact, masks stop infected people from spreading the virus by trapping most of the bad stuff before it gets into the air we breathe.

This is a view supported by the scientific and medical community around the world, which is why the World Health Organisation, Australian Government and Centers for Disease Control and Prevention are among the bodies that support masks as a measure to fight Covid-19.

2. No face-to-face inspections and open homes for Victoria

With Stage 3 restrictions currently in place in Victoria there is also strict rules about open houses and carrying out inspections.

Firstly, there is technically no more open houses, which previously meant anyone could just show up on the day.

Now, you can view the property online using a digital inspection, then you can schedule an appointment to walk through the property privately.

Agents are permitted to be in attendance and must enforce strict social distancing and hygiene practices during the visit.

When it comes to rental inspections there is also new rules in Victoria.

It is advised if anyone is attending a rental property like an agent, landlord or tradesman they must wear a mask.

However, if possible, all non-urgent visits should be postponed, or inspections carried out digitally.

If a landlord wants to conduct repairs that are non-urgent or an inspection that can be done at a later date the tenant can write to the property manager and request it be done at another time.

If this is not possible and someone must attend a rental, then it is recommended tenants try and schedule their daily exercise or shopping trip to coincide with the visit to minimise close contact.

These restrictions are due to end on August 16, but may be extended if the state government deems it not safe to return to normal.

3. Abide by the social distancing rules.

The good news is in states other than Victoria the rules have been relaxed and open houses and house inspections have almost returned to normal.

There are still some social distancing requirements in place that are detailed below.

Open inspection

New South Wales

As of May 15, the NSW Government is allowing home inspections and for people to visit display homes.

However, there must be at least 4 sqm of space for each person.

Hand sanitizer is also to be provided at entries and exits, and people with flu-like symptoms should not enter.

For rental properties it is recommended non-essential repairs and visits be delayed or carried out digitally if possible.

Western Australia

Infection rates are extremely low in Perth, so the state has relaxed much more than others.

Phase 4 restrictions that stipulate social distancing measures of 1 person per 2 sqm, were due to end on July 22. However, these have been extended to August 1 when the government may again consider dropping the rule.

Queensland

Auctions and open houses were given the green light to go ahead in June with a 20-person limit.

This has since increased to 50, but visits must be contactless with agents not allowed to issue brochures.

When it comes to rental inspections social distancing is recommended, for example not shaking hands, and hand sanitizer should be used before and after the visit.

It is also recommended tenants open windows before a repairman or agent attends the property.

South Australia

Open houses can go ahead in South Australia, but there is a limit of 1 person per 2 sqm.

If visiting a property landlords and repairmen must abide by social distancing rules and tenants may be asked to leave the house during the visit to minimise contact.

Northern Territory

Since May open homes and rental property visits have returned to normal.

It is recommended clients, landlords and homebuyers adopt social distancing measures where possible.

Australian Capital Territory

Open houses and auctions have returned to normal in the state’s capital, but there is a limit of 100 people and they must abide by the 1-person-per-4 sqm rule.

4. You must provide personal details

In Queensland, New South Wales, South Australia, and Victoria agents must keep details including name, address, and mobile phone number of anyone that visits a property.

These will be kept for a minimum eight weeks and handed to the state’s health authorities and contact tracing teams if an agent is alerted by the health authorities.

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Kangaroo Valley yurt home sells for $2.41m

Supplied Editorial 100B Mount Scanzi Road, Kangaroo Valley, NSW 2577. KANGAROO VALLEY
 OCTAGON HOUSE SOLD FOR $2.415 MILLION

This yurt home in the Kangaroo Valley has sold.

Erawar, the yurt home at Kangaroo Valley, has been sold for $2.41 million, amid a spurt in sales at the popular weekender destination.

Redesigned in 2000 by Ian McKay with jarrah and oregon, the home, which sold through Frank Barker at Raine & Horne, is fitted with soffit sprayers for bushfire protection.

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Supplied Editorial 100B Mount Scanzi Road, Kangaroo Valley, NSW 2577. KANGAROO VALLEY
 OCTAGON HOUSE SOLD FOR $2.415 MILLION

It was redesigned in 2000.

Supplied Editorial 100B Mount Scanzi Road, Kangaroo Valley, NSW 2577. KANGAROO VALLEY
 OCTAGON HOUSE SOLD FOR $2.415 MILLION

The view from the kitchen.

The outbuildings on the 10ha holding include a yoga studio. It is credited as the first Iyengar yoga ­studio in the valley conducted by Susan Rowntree-Robertson.

Mount Scanzi Road’s other sales have included the 3ha property of Aniela Kos, the founder of Galeria Aniela, for $1.7 million. Last traded for $109,000 in 1992, it was sold by South Coast Prestige Properties agent Carrie Bond. Guests have included Sir David Attenborough.

Supplied Editorial 100B Mount Scanzi Road, Kangaroo Valley, NSW 2577. KANGAROO VALLEY
 OCTAGON HOUSE SOLD FOR $2.415 MILLION

It is on 10ha of land.

Supplied Editorial 100B Mount Scanzi Road, Kangaroo Valley, NSW 2577. KANGAROO VALLEY
 OCTAGON HOUSE SOLD FOR $2.415 MILLION

Quality interiors.

Kangaroo Valley’s latest offering is Sky Ridge, the $800 a night black barn tourist accommodation premises designed by Alexander Michael. Its $2.25 million listing comes after the recent death of Michael’s partner, the acclaimed jeweller Tony White, who maintained an 85ha retreat at Upper Kangaroo River.

There are whispers that hospitality industry recruiter, Rick Harasty, is set to move to the valley after selling his Bondi Beach penthouse which has a $7 million guide for its August 22 ­auction.

.

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Elsternwick house sale price gains $300k in one year

60 St Georges Road, Elsternwick sold before it even hit the market.

A picture-perfect Elsternwick home has gained more than $300,000 in slightly more than a year.

The Edwardian home at 60 St Georges Road sold for $2.41m before there was even time to launch a public campaign.

The Agency agent Brendan Walker said the result soared well above the $2.1m paid by the vendors in May 2019.

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Edwardian details are across the home.

Modern features are also part of the property.

“We were supposed to go live with the property on Thursday … but we had 22 groups through before then and four offers at an acceptable level,” Mr Walker said.

“So on the Monday night we had two parties fight it out until there was one successful buyer at about 10pm.”

He said a lack of stock helped get the sale across the line with a local buyer after multiple inspections.

The property gained more than $300,000 in a year.

There are plenty of living areas inside.

“There are still some really great results happening out there for A-grade properties,” Mr Walker said.

“The amount of interest and the fact that it sold so well is testament to the quality of the property, its fantastic position and wonderful amounts of accommodation.”

The vendors had not changed anything about the property.

Elsternwick has recorded promising house price growth in the past year, with the median price increasing 13.6 per cent to $1.925m.

The property was set to go online this week.

A local buyer bought the property.

Melbourne has recorded other strong results via online auction during the latest lockdown.

In Essendon, a modern marvel at 80 Forrester Street sold a massive $160,000 above reserve for $1.96m.

Nelson Alexander Essendon director Mark Giardina said four of the eight registered bidders battled for the keys.

80 Forrester Street, Essendon sold for $1.96m.

Modern living flows outdoors to a pool.

There were more than 50 inspections over the course of the sleek home’s campaign.

Another property at 6 Sylvia Close in Hillside sold almost $100,000 above its reserve for $643,0000 through Barry Plant in Taylors Lakes.

6 Sylvia Close, Hillside sold for $643,000.

Man cave included.

Three bidders competed for the renovated property, where a huge garage was recently converted into a home theatre, games area and bar.

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The regional areas set for urban rejuvenation following strong first-home buyer demand

Predicting the suburbs that will see the strongest property price growth over the next decade is a difficult task, but past buyer behaviour can offer a few clues about the areas that could be earmarked for urban rejuvenation. 

Price growth data from realestate.com.au shows the areas that were popular with first-home buyers 10 years ago have become some of the best performers. Sydney’s inner west and Melbourne’s inner north are just two examples of areas that have done particularly well over this time period.

Since the beginning of the year, we have seen a surge in first-home buyer enquiry on realestate.com.au off the back of a suite of government incentives such as the 5% deposit scheme as well as record-low interest rates. Most recently, the federal government announced the HomeBuilder scheme, and while not specifically designed for first-home buyers, the program has been particularly popular with them.

In addition, the states and territories offer first-home buyer incentives in the form of grants and stamp duty exemptions, with New South Wales this week announcing that stamp duty will be temporarily scrapped for first-home buyers purchasing newly built properties worth up to $800,000 and heavily discounted for homes priced up to $1 million.

Erskineville house

First-home buyer search activity from a decade ago could help predict the areas set for urban rejuvenation. Picture: realestate.com.au/buy

We can see from enquiry data on realestate.com.au that certain suburbs within capital cities are particularly popular with first-home buyers, including the many house and land development areas on the outskirts of the CBDs, as well as inner and middle ring suburbs such as Seven Hills in Sydney and Footscray in Melbourne.

On the other hand, regional areas are also doing well and an influx of young first-home buyers has the potential to radically change these locales.

These are the regional areas that have seen the strongest enquiry on realestate.com.au over the past 12 months.

Orange, NSW

Over the past year, the city of Orange in the Central Tablelands region of New South Wales, was the most in-demand town for regional first-home buyers in that state – and in fact, one of the most popular in all of New South Wales. Orange has seen more first-home buyer activity than the popular outer Sydney suburbs of Quakers Hill, Marsden Park and Kellyville – fairly impressive for a town with only loose economic ties to Sydney.

The driving factor behind demand for housing in Orange is mining, which represents one quarter of the local economy. The Cadia Valley Operations is one of the biggest gold mining operations in Australia, and with gold being a hot commodity, Australia is set to become one of the biggest producers in the world.

Beyond mining, first-home buyer demand in Orange is driven by factors similar to other established regional towns in Australia such as tourism, healthcare, manufacturing and education.

Orange house

The NSW regional town of Orange is one of the most sought-after areas for first-home buyers in the state. Picture:realestate.com.au/buy

Shepparton, VIC

Regional Victoria has been one of the bright spots for property price growth over the past three years, with areas such as Geelong, Ballarat and Bendigo seeing some of the highest rates of price growth in Australia.

While these areas have become more expensive as a result, they are still relatively affordable compared to Melbourne suburbs. It is therefore surprising to see Shepparton, in northern Victoria, topping the list of most sought-after regional towns for first-home buyers in Victoria.

Property in Shepparton is particularly affordable with a median house price of around $280,000 – far cheaper than regional areas within commuting distance to Melbourne. While affordability is a factor for many buyers in regional locales, it is likely that improved employment prospects in Shepparton are also a drawcard for first-home buyers.

Southern Gold Coast, QLD

The Southern Gold Coast stretching to Byron Bay has seen particularly strong rental demand over the past three years and while we can’t exactly tell who is renting right now in that region, the demand is likely driven by younger people. This could be further backed by high levels of first-home buyer enquiry as more renters become interested in converting to first-home buyers in the current climate.

Gold Coast

The Gold Coast lifestyle is a big drawcard for first-home buyers. Picture: Getty

Lifestyle is likely the biggest driver of demand in this part of Australia, but the Gold Coast is also a major employment centre. Longer term, the Gold Coast will have a land shortage, which will support prices. For now, however, the region is priced at a level that many first-home buyers can afford.

Margaret River, WA

The Western Australian economy is, so far, looking relatively COVID-19-proof due to record level iron ore production and prices, as well as high demand for gold. This is boosting property prices in many mining towns, which are now showing strong growth with Karratha showing the highest level of first-home buyer enquiry.

However, property prices in mining towns are notoriously variable because they are driven by the resources cycle.

A longer term demographic shift appears to be happening in Western Australia’s south-west, which appears to be having a mini population boom. Prices are increasing in many towns and first-home buyers are particularly active in one location – not surprisingly, beautiful Margaret River.

Marg River house

The beautiful coastal town of Margaret River is popular among first-home buyers. Picture: realestate.com.au/buy

Mount Gambier, SA

Mount Gambier is currently the most in-demand location by first-home buyers in regional South Australia. Not surprisingly, perhaps, given that it is South Australia’s second biggest city. The city is a service centre for much of the region but is also a popular tourist destination and has a sizeable forestry and mining sector.

Right now, however, Mount Gambier is being impacted by the hard border closure between Victoria and South Australia due to the coronavirus pandemic, which is likely to impact property search activity for the remainder of the year.

Glenorchy, Tasmania

Property in Hobart was once affordable but is now expensive. However, there are still suburbs within reach for first-home buyers with Glenorchy, north of the capital, showing up as a popular place for this buyer group.

Technically regional, Glenorchy is so close to Hobart that it could almost be considered part of the city.

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West Footscray: Labradoodle dog stars in selling campaign

Dog helping owners sell home

Skid the labradoodle — pictured with his owners Adrienne Baldwin, Julian Ramsey, Winnie and Rosie — is getting plenty of attention as the star of the family’s house selling campaign. Picture: David Caird

The sale of a West Footscray house has gone to the dogs — and the vendors couldn’t be happier.

Skid the labradoodle is lapping up loads of attention as the star of his owners’ campaign to sell the three-bedroom pad at 46 Pitt Street, with a $1-$1.1m price guide.

The striking dog features on the ‘for sale’ board out the front of the property, and in the online listing and promotional video.

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Dog helping owners sell home

The family can’t walk Skid down the street without someone asking what breed he is. Picture: David Caird

The photo of Skid used to market the property.

Bond Estate Agents director Lee Marks said this had sparked a flurry of prospective buyers asking “if the dog comes with the sale of the home”.

The answer from owners Adrienne Baldwin and Julian Ramsey, and their kids, Winnie, 13, and Rosie, 11, is no.

But Ms Baldwin said they weren’t surprised their special pooch was having an impact in helping them collar a buyer.

The family adopted Skid shortly after moving into 46 Pitt Street, West Footscray.

Skid has loved running around in the home’s big backyard.

“In our local area, everyone knows the dog,” Ms Baldwin said.

“We can’t get down the street without people asking, ‘what sort of dog is that?’ My husband even made up the breed Hungarian muff hound (to tell people) as a joke.

“He’s very friendly, loves humans, and is so well trained.”

The couple adopted Skid about five years ago, a few months after buying the house, which they thoroughly renovated by restoring original 1920s charm and adding modern comforts.

The open-plan living and dining space features a period fireplace.

The modern kitchen.

Ms Baldwin said her husband, who worked in construction, had taken particular pride in his refurbishment of an original brick fireplace in the open-plan living, dining and kitchen area. This had become Skid’s favourite feature, along with the big backyard.

She said the “spacious” weatherboard also benefited from high ceilings and natural light, and its closeness to the sought-after Footscray West Primary School and the Essex Street dog park, where Skid regularly hung out with his sister, Hazel.

A cosy bedroom.

The renovated bathroom.

Ms Baldwin said the labradoodle was being rewarded for his help with the selling campaign by getting plenty of walks, as the family followed COVID-19 restrictions requiring sellers to vacate their homes during inspections by prospective buyers.

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samantha.landy@news.com.au

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Rental values and demand climbing across most of Adelaide despite COVID-19

Smiling Hispanic family outside rental home

Family homes across Adelaide are being rented quickly because demand for them is so strong.

Rents are falling across most of the country in the wake of COVID-19, but Adelaide is one of two capital cities bucking the trend.

CoreLogic’s Quarterly Rental Review reveals the city’s median rent value increased 0.1 per cent in the June quarter to $397 per week – the second lowest rent across the country.

Perth’s median rent climbed the most – up 0.9 per cent to $396 per week – while those in Melbourne, Sydney, Brisbane, Hobart, Darwin and Canberra all fell slightly.

Harris property management director John Carey said Adelaide’s slight increase had come from properties listed on the rental market, as landlords were not allowed to increase rents in tenanted properties during the coronavirus pandemic.

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“If a tenant vacates and you go to market, you can ask for whatever rent you’d like to,” he said.

“The demand for properties is up, which is how we still manage to have a slight rise.

“It reflects a healthy supply and demand ratio in Adelaide, and that’s very good news for landlords and tenants.”

Mr Carey said while many landlords had to reduce rent for tenants financially impacted by COVID-19 interstate, it wasn’t happening as often across Adelaide.

“Generally we’re just renewing at the same rent,” he said.

The report shows Adelaide’s median rent for houses increased 0.2 per cent to $410 per week, while the median for units dropped 0.2 per cent to $343 per week.

Turner Real Estate chief executive Emma Slape said city apartments were suffering most because there were fewer international students in the state, so landlords were being forced to reduce rents to get tenants in.

However, she said family homes in the sub $450 per week market were in strong demand and being rented quickly.

QST property management - generic photo handing over keys to home

Rent values have fallen across most Australian capital cities, except Adelaide and Perth.

“A well placed, well presented family home will always attract strong interest,” she said.

With more people renewing their leases because of COVID-19, Ms Slape said there were fewer rental options available.

“We’re seeing a lot more activity in the renewal space,” she said.

“With that it means there are less people looking to move.”

Ms Slape said while Adelaide’s 0.1 per cent increase was only small, it showed just how stable the market was.

Adelaide’s rental yield also held relatively strong, dropping slightly from 4.45 per cent a year ago to 4.41 per cent to the end of June, the report shows.

Nationally, rent values dropped 0.5 per cent to a median of $441 per week.

CoreLogic Australian head of research Eliza Owen said closed international borders and job losses because of COVID-19 were impacting demand for rental properties across the country.

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Australian basketballer Andrew Bogut puts Sydney home up for rent after failing to sell it

Real Estate

Basketballer Andrew Bogut is after a tenant for his Concord home.

Former NBA superstar Andrew Bogut and his wife Jessica have put their stunning Sydney bolthole up for rent after struggling to find a buyer.

The six-bedroom house in the inner west has been on the market since June with a rumoured $3.6 million price guide, but a private treaty campaign is yet to find a buyer.

While still listed for sale, the Concord home is available to rent from this Saturday for an undisclosed price.

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Andrew Bogut has been trying to sell the home since announcing he was leaving the Sydney Kings in May.

The couple are looking to sell or rent the home after Bogut announced in May he would not be re-signing with the Sydney Kings.

Nicole Labra of DIB CHIDIAC has been given the job of securing a tenant for the property, while her colleague Dib Chidiac continues to find a buyer. Concord currently has a 4.8 per cent vacancy rate, which is up from 3.7 per cent in February, according to SQM Research.

Bogut, whose stellar 15-year career includes winning the NBA championship with the Golden State Warriors, acquired the property in an off-market deal for $3.5 million in 2018.

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Real Estate

It has been designed for indoor and outdoor living.

Real Estate

There are five-bedrooms, including the main that has sweeping district views.

Described online as “a creative transformation of a character home”, the California bungalow has a four-car garage, swimming pool, teen retreat and is on 609sqm.

Architecturally designed and custom built, the property is full of high-end finishes and several indoor outdoor spaces. It features ducted airconditioning, an integrated sound system, video intercom and an alarm.

The marble kitchen is decked out with designer appliances, a breakfast bar and butler’s pantry. There are also four bedrooms on the ground floor that all have built-in wardrobes.

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Bogut paid $3.5 million for the property in 2018.

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The luxury kitchen has a butler’s pantry.

Upstairs is a dedicated parent’s retreat with the main bedroom having sweeping district views from floor-to-ceiling windows. Outside is a swimming pool that can be heated up to 38 degrees, level lawn and a path to the four-car garage. Above the garage is a teen retreat with a bathroom that could also be used as guest accommodation.

Property records reveal Bogut still owns a property in Melbourne at Bonbeach where he installed a basketball court.

Despite announcing he won’t be re-signing with the Sydney Kings, Fox Sports has reported Bogut is open to rejoining the NBL team after the coronavirus put his NBA plans on hold.

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Optus State Director Nick Sone snaps up Dover Heights mansion

Optus director Nick Sone bought this Dover Heights mansion for more than $4.8m, sources say.

The State Director of Optus, Nick Sone, has snapped up a home in Dover Heights for more than $4.8m, sources say.

It’s the grand four-bedroom, three-bathroom home on a 676sq m block at 151 Dover Rd, owned by downsizing couple George and Anita Fisher, who paid $960,000 in 1989.

The deal was done by Biller Property principal Paul Biller on July 9, a day after the Wentworth Courier wrote an online story about Biller, and colleague Sunny Sun, clocking up $20m worth of sales in a week.

Biller was tight-lipped about the identity of the purchaser.

It’s understood Sone’s five-bedroom semi at 26 Avoca St, Bondi — bought for $1.15m in 2009 — is set to soon hit the market with Phillips Pantzer Donnelley’s Alexander Phillips.

Patience pays off

49 New Beach Rd, Darling Point, sold for well in excess of its $6.5m guide.

Some sales during COVID-19 are taking some time, but patience has finally paid off for the family of the late Bella Read, a former Miss Trinidad and Tobago Carvival Queen.

The April 15 auction of the six-bedroom, three-bathroom terrace with tandem garage parking for two cars at 49 New Beach Rd, Darling Point — via Daphne Sauvage and Michael Pallier of Sotheby’s, with Danny Doff of Laing and Simmons — had to be called off because of the government ban on public auctions. But the good news is that the property, with views of the harbour, bridge and city skyline, sold on Friday night ahead of the second scheduled auction — set for August 19 — and for well in excess of its $6.5m guide.

“We had a lot of interest in this one, particularly from offshore and especially Hong Kong,” says Sauvage.

“But in the end, it was a Darling Point local who got it.”

She admits COVID-19 had an impact because those offshore buyers couldn’t come and look at it.

“The minute we changed it to auction, it stimulated activity to such a point that there was competitive interest and we got an offer good enough to stop the process and we could sell it.”

Here’s a top reno

The renovation of architect Greg Crone’s home at 55A Carlotta Rd, Double Bay is only just finished.

There can be no safer bet than buying an architect’s own home — especially when the individual involved is the highly respected Crone Architects chief executive, Greg Crone.

He and his wife, Kate, are downsizing so their beautiful Double Bay property at 55A Carlotta Rd, is up for August 20 auction with a $7.25m price guide via Ray White Double Bay’s Richard Faludi and principal Elliott Placks.

And Crone, whose company’s recent projects, in conjunction with Tzannes, have included the upcoming 104-apartment Opera Residences at Circular Quay, has just completed a renovation of his own five-bedroom, five-bathroom Carlotta Rd residence with double garage and pool.

Said Faludi: “The buyer can be sure there’s not a cent to spend because the house has been renovated to the highest possible standard and he’s literally only just finished it.”

He added the response to the property appearing on realestate.com.au was “unbelievable”. “It went online on Thursday afternoon and within a 24-hour period we had over 50 email inquiries,” Faludi said.

Snappy purchase

One of the beautiful bathrooms at 51/74 Reservoir St, Surry Hills.

Also in buying mode was the founder of luxury lingerie and sex toy company Honey Birdette, Eloise Monaghan, and her wife Natalie, who snapped up a “penthouse oasis” before the first open home.

The couple, who only recently got married, are understood to have fallen in love with the three-bedroom, two-bathroom apartment at 51/74 Reservoir St, Surry Hills.

They paid $3,025,0000.

Oxford Real Estate’s Matt Marano had been guiding $2.6m.

“I just listed it and they said ‘we’ll buy it,” Marano told Insider.

“They were about to buy something else.”

Vaucluse stunner

31 Olola Ave, Vaucluse, has a guide of $6m ahead of an August 22 auction.

The incredible Vaucluse home of music industry entrepreneur Pete Lusty — who passed away in March after a battle with cancer — has hit the market with a $6m guide.

Lusty, who was the co-founder of the independent music company Ivy League Records and management company Winterman & Goldstein, guided rock bands such as The Vines, Jet and Empire of the Sun.

Property records show he and his wife, Georgia Day, bought the five-bedroom, four-bathroom Olola House at 31 Olola Ave on a 1168sq m block — opposite Vaucluse House — for $4.45m in 2015.

It’s now listed with Sotheby’s International managing director, Michael Pallier — who sold them the house — for August 22 auction.

And finally …

The home of Chadwicks model Jennifer White at 356 Edgecliff Road, Woollahra, was the top sale in the country at the weekend.

In other general news, the Woollahra home of Chadwicks model and White Co director Jennifer White sold for $8.1m at auction — the highest auction price in the country — on Saturday through The Agency’s Ben Collier; the buyer of Fred Bart’s Bellevue Hill mansion sold for “well over” $21m via LJ Hooker Double Bay’s Bill Malouf was revealed as property developer Willi Phillips.

And White City coach Steve Loeffler — who appeared in the Wentworth Courier last week — sold for $2.36m on Saturday via Ray White Unlimited’s Ron Bauer. The guide had been $2.3m.

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