Small in size but big on sales help, Onjax’s PureAgent CRM has launched after a three-year renovation of tools and tech, and for the most part, it was worth the wait.
Small in size but big on sales help, Onjax’s PureAgent CRM has launched after a three-year renovation of tools and tech, and for the most part, it was worth the wait.
Renowned interior designer Anna Spiro has put Birkdale House, her family home for the past ten years, on the market.
The 1800s heritage property at 27 Roger Street, Birkdale, is open to top offers by 4pm on September 15 through Sarah Hackett of Place – Bulimba.
Ms Spiro, who designed boutique B&B Halcyon House, and Brisbane wine bars Mr Percival’s and Arc Dining, is known for blending bold colours with layers of textured materials, accented by signature pieces and her eclectic style is evident throughout the home’s interiors.
MORE CELEBRITY NEWS AFL star Jason Akermanis joins Ray White
Pop stars The Veronicas selling their QLD hinterland hideaway
Madame Butterfly Susie O’Neill is selling her riverfront home
Yet aside from dressing up the home’s interiors, giving the house a coat of paint and replacing the roof after it blew off in very bad storm, the house is in its original condition and
maintains all its heritage features, which Ms Spiro said made it special and rare.
She said she fell in love with the house after stumbling across it by accident.
“I was lost and I ended up on Roger Street when I spotted the house. I was only young but I was just blown away by it,” she said.
“Ten years later I returned to the area and I saw it was for sale. That is when I knew I had to have it. It was fate.”
The family homestead sits at the heart of a 2,213 sqm block at the end of cul-de-sac and is surrounded by trees and landscaped gardens.
Original heritage features, including decorative breezeways, VJ walls, timber floors, casement windows, tiled mosaics, picture rails and lofty ceilings. have endured almost two centuries.
The property’s five bedrooms are split between the main residence and the guest house and walls of glass, French doors and louvered windows allow cool coastal breezes from the Bay to waft through.
Large wrap-around verandas extend the indoor living spaces outside and run beside the home’s luxurious swimming pool.
Ms Spiro said living at Birkdale House was like living in the country, despite the property being less than a 30-minute drive from the centre of Brisbane city.
There is even a chicken coop and the potential to start a vegetable garden for those who like the idea of living The Good Life.
Birkdale House is minutes from Waterloo Bay, leafy parklands and local shops. Birkdale train station is also near by. The property falls within Birkdale State School and Wellington Point State High School catchment areas, and is a short drive from Redlands College, Saint Mary MacKillop Primary School and Ormiston College.
FOLLOW COURIER MAIL REAL ESTATE ON FACEBOOK
The post Interior designer Anna Spiro puts her heritage home on the market appeared first on realestate.com.au.
PROPERTY lawyer by day, home renovator by night, weekend – and any other spare time.
Jesse Inns has always had a creative side, but he needed an outlet for it.
That’s when the first homeowner decided to buy a character home in need of a lot of TLC in the leafy suburb of Balmoral in Brisbane’s east.
Mr Inns spent two years looking for the perfect property to inject his personality into. “I’ve always been one of those people who had a creative flair and so I was looking for a project,” Mr Inns said. “I knew where I wanted to buy, but couldn’t find the bones I wanted to play with, until I saw this one.”
The post-war home had already been raised and built-in underneath, but it “hadn’t been loved”.
“It was just finding that empty shell I could spend some money on, but not completely rebuild, and this one ticked all the boxes,” Mr Inns said.
Fortunately, he had a tradesman in the family who could help him give the house a cosmetic facelift. “My brother’s in the concrete rendering field, so he helped a lot there, but I was onsite all the time,” Mr Inns said. “I love to get my hands dirty, whether it be painting, choosing the products – I even learned a bit of plumbing.”
The biggest jobs were gutting the kitchen, bathroom and master ensuite. Mr Inns decided to keep the configuration of the house and the plumbing to save costs.
He took a different approach to the bathrooms. Instead of using tiles, he went with rendered concrete, featuring a crushed limestone and pearl finish.
“I wanted to get away from that traditional tile finish,” he said.
“My basic style I worked from was mid-century modern, but I tried to bring more industrial features in.
“I’ve used a lot of concrete and render, a lot of stone, basically to make it a very modern, character home.
“The major challenge was adapting the concrete to work inside the house (as well as outside).”
The kitchen was in good condition, but dated, so it too was stripped back.
An island bench was put in, the appliances were updated and the cupboards redone.
In keeping with the monochromatic colour theme, Mr Inns painted the timber deck grey and added a unique, concrete side wall.
He designed the entire backyard himself on his iPad.
“I was inspired by a shot on Instagram, so I got the old iPad out and did a bit of sketching,” he said.
A lot of time was spent carefully styling each room and area to give the house a personal touch.
“I spent lots of hours scouring the internet for one-off quirky pieces, rather than stock standard white pots,” Mr Inns said.
“I spent a lot of weekends and nights doing this house.
“Some people watch TV at midnight; I paint walls instead.”
Remarkably, he also managed to come in well under budget. “It cost about $75,000 and I had a budget of $100,000 to spend,” Mr Inns said.
His advice for keeping costs down?
“Keep it in the family for trades and if you’re prepared to, do a lot of the work yourself.
“If you’re prepared to watch some YouTube videos.”
Mr Inns is already itching to start another project, but intends to live in this one.
”I’m looking for more of an investment property. This is my forever home at the moment.”
The post My Reno: How to make an ‘empty shell’ your forever home appeared first on realestate.com.au.
Melbourne tradies could recoup losses from the city’s hard six-week lockdown before the end of November, new data shows.
But brickies hopping between construction sites around Melbourne are risking fines after being excluded from a list of specialist trades cleared to do so in a raft of amendments to building industry restrictions, released on the Business Victoria website this week.
Since 11.59pm last Friday large construction sites (above three storeys or more than 1500sq m floor size) have been capped at 25 per cent of their normal workforce, while smaller sites have been limited to just five workers at a time.
RELATED: Government outlines exemptions to keep construction going during lockdown
Tradies will abandon Victoria as building economy plunges over next two years
How to apply for $25K HomeBuilder grant, Victoria
The restrictions shut down home renovations, where safe to do so, and limit skilled trades working on new homes to moving between a maximum three sites per week.
They must also follow strict High Risk COVIDSafe Plans and wear enhanced personal protective equipment.
Electricians, plumbers, tilers, concreters, plasterers and carpenters have been included on a list of specialist trades allowed to move between up to three sites per week.
They are also allowed to make emergency repairs in homes, where there is a risk to health and safety for the residents.
Other specialists cleared to move between sites include crane operators, gold class riggers, welders, post tensioners, corkers, scaffolders, internal glaziers, asphalters, solar installers and security system installers.
Other changes this week include allowing apprentices’ parents and housemates to drive them to work, and exempting them from the carpooling ban if they have no other way to travel.
Urban Development Institute of Australia Victorian chief executive Danni Hunter said it was welcome news for those learning a trade.
“We support the clarification for apprentices, which will help keep young people in work, and businesses engaged with their employees through stage four restrictions.”
However, National Bricklayers Association secretary Don Mackenzie said few brickies would be aware they had not been classed as a specialist trade, and limiting their movement risked bringing the industry to a “stalemate”.
“Most bricklayers wouldn’t know they are in that group that has been ostracised,” Mr Mackenzie said.
“They are one of the most important parts. And I can’t see any reason why you wouldn’t include a bricklayer (as a skilled trade).”
Brickies typically move between two or three sites a week.
“All the other trades follow in behind bricks and concrete,” Mr Mackenzie said.
However tradies seeing less work at the moment might be able to take heart from contact tracing software used in New Zealand that has shown their industry bounced back immediately after an even harder lockdown.
Fergus Software chief executive David Holmes said while a four-week lockdown in our near neighbour had caused a 46 per cent plunge in jobs created, the numbers were recovered and jumped an extra 21 per cent in the month following.
Fergus is typically used by smaller builders responsible for new home construction, rather than major projects, and in the first week of Melbourne’s latest lockdown a 14 per cent reduction in jobs created for tradies was recorded.
The figure rose to 32 per cent in the first two days of this week.
Despite this, Mr Holmes estimated Melbourne tradies would catch up with the lost work in approximately 10 weeks after the lockdown finished, potentially before the end of November.
“If it happens the way it did in New Zealand, that will happen, and there’s early signs the two are very similar,” Mr Holmes said.
He said tradies working at reduced levels now should be using the time to deal with admin and to line up work for the future so they could hit the ground running and spend more time on the tools after the lockdown.
It was also important employers used JobKeeper to keep staff connected so they could respond rapidly after the lockdown.
Further clarifications released on the Business Victoria website this week capped early-stage land preparation at new housing estates to 10 workers a hectare and barred solar installations at inhabited homes.
They confirmed renovations must cease at inhabited homes, as must work on decks, pergolas and landscaping.
However, it has been clarified that concrete truck drivers and other suppliers that travel to sites are not counted under worker caps.
Master Builders Association of Victoria boss Rebecca Casson said the amendments followed further industry discussion with the government and “clear up a range of matters”.
“Ultimately, our members want to do the right thing to reduce transmission, just like they’ve done since March with many proactive measures that have kept transmission rates at a fraction of the community average,” Ms Casson said.
“We imagine the ‘frequently asked questions’ will be updated continually as our industry works with the government on further questions that crop up in each unique circumstance.”
MORE: Steadfield Melton South selling houses at half Melbourne median
Coronavirus: Regional Victoria property markets hit by ban on Melbourne buyers
Albert Fields: Developer asks Brunswick locals to help design
The post Melbourne construction industry stage four guidelines updated appeared first on realestate.com.au.
Contemporary yet classic, this well-considered home in Forrest ticks boxes galore, including a staggering 240sqm basement garage that will excite any car enthusiast.
Set on a landholding of 1453sqm, the grand home was designed by renowned architect David Katon, with interiors by Sydney designer Peter Reeve, and was built seven years ago.
Taking its design cues from nature and the lush surrounds, the home combines a range of natural textures including marble, stone and timber.
MORE: Canberra’s most in-demand streets
Award-winning display home seeks first owner
Inner south cottage with a ‘fernery’
Its sense of spaciousness is takes great heights with soaring ceilings and double glazed picture windows to capture the surrounds.
“It’s a really contemporary, elegantly styled home. It’s large but commensurate all the way through,” said selling agent Albert Stavaruk, from Blackshaw – City and Inner North.
“When you go through it, you understand it’s a large home but you don’t actually walk into any of the rooms and feel overawed by size. It’s all rather subtle and understated, as is the front of the home.
Following a functional floorplan with 600sqm of living space, the abode has five bedrooms and four bathrooms and its living areas extend to the alfresco outside which includes a central courtyard, spa and swimming pool.
Mr Stavaruk said quality had been integral to the design.
“Everything they’ve done is really top of the line. There’s genuine marble all the way through. Every room you go into feels like it’s a quality home,” he said.
“The dining room is really lovely. It has incredibly high ceilings and it’s a real picture window looking out from there, it’s just magnificent.”
The basement garage must be seen to be believed.
“The garage is 240sqm. It’s an eight-car garage but you could actually put 12 cars down there,” he said.
Mr Stavaruk is taking offers.
The post Grand Forrest home with generous garage hits the market appeared first on realestate.com.au.
The inner west is the Sydney region where sellers are most frequently getting prices over expectation, a vendor survey reveals.
The higher rate of above-expectation sales made inner west vendors Sydney’s happiest sellers, according to the Rate My Agent poll of more than 33,000 Aussie vendors.
About 41 per cent of inner west sellers reported they got a price above what they wanted for their properties.
MORE: Home sellers urged to change tactics
Quick turnover for new Bulldogs coach Barrett
Randwick house price record smashed by $350k
This put the inner west among the 10 “happiest” seller’s markets, alongside Canberra, Hobart, the central highlands area of Victoria and northern Melbourne.
Belle Property agent Simone Azzi said the enduring popularity of the inner west meant there was a safety net for prices and buyers remained active.
“Larger family homes, properties with quality renovations, they are still getting exceptional prices,” Ms Azzi said. “The properties that are not selling well are on busy roads or there is an obstruction.”
The biggest spending buyers were upsizers, she said. “Many of them have figured it is a good time buy and they’re capitalising,” she said.
“The inner west is also a lot cheaper than the eastern suburbs and lower north shore so we are attracting some buyers from those areas who are search of a bit more value.”
Rate My Agent CEO Mark Armstrong said there was a June uplift in market confidence.
“After the initial shock in April wore off, consumer optimism is on the way back up,” he said.
The inner west was a sharp contrast to NSW’s central west region, including towns such as Dubbo and Orange, which was one of the weakest markets for sellers. About 27 per cent of vendors in the region reported they got prices above what they expected.
Vendors in northern NSW also struggled, with only 15 per cent netting prices above their hopes.
Nationally, the other areas where home sellers were least likely to get prices above their expectations were scattered across regional Western Australia and Queensland. The most frustrated capital city sellers were in Perth.
Ray White Quakers Hill agent Josh Tesolin said the report’s NSW findings were a call to action.
“At the moment, so many people are holding off on selling due to uncertainty,” he said.
The post ‘Happiest sellers’: the Sydney region where vendors are most likely to get prices above hopes appeared first on realestate.com.au.
THE Far North has long been regarded as a popular tourist destination and now it’s becoming a popular choice among families to settle down and raise their children.
The natural beauty of the region is the obvious reason homebuyers are drawn to the Far North, however affordability in comparison to the quality of life, improving infrastructure and services alongside a solid workforce make compelling reasons to live and buy property in the Far North.
Families can escape the congestion and stress of the major cities, yet still be confident their children will have the necessary opportunities to chase their goals, from the comfort of their laid-back Far Northern home.
MORE NEWS
Small yard agenda could put development at risk
Huge Cairns subdivision nobody knows about
New subdivisions facing death by dehydration
Central Realty Mareeba director Remo Esposito said families were after at least three bedrooms, work and school proximity, either a decent backyard or easy access to parks and a house that was ready to move into, not requiring upgrades or improvements in a family-friendly area.
“We’ve always been an affordable region and it does’t surprise me there are options (under $250,000) for family homes up here,” he said.
“You compare $250,000 to the major cities and there you can pay more for just a block of land sometimes, but the quality you can get for that price range here (in a house) is excellent.”
These are just 10 of the many family ready homes under $250,000 on the Far Northern market.
FOR SALE IN FNQ
$165,000
3 bed, 2 bath, 2 car
Sitting on a massive 2000sq m block is this highset open-plan house ready for an active family chasing yards of space.
The fenced block with an expansive garden makes it perfectly safe for kids who love exploring and the property is only minutes away from the local primary and high schools and Tully’s main street with all shopping needs covered.
3 bed, 1 bath, 2 car
$190,000
Located at the northern end of town, this neat and tidy three-bedroom home has plenty of potential for a family. There is plenty of room for the kids to enjoy the outdoors on this fully fenced, spacious 1055sq m property.
Only a short drive into the town’s centre this home offers a quiet lifestyle, with the conveniences of modern internal finishes including an updated kitchen. This home also features aluminium framed sliding windows and is partially security screened.
443 Silkwood Japoon Rd, Silkwood
3 bed, 1 bath, 2 car
$195,000
For families chasing a rural getaway but access to schools and the nearby Innisfail CBD, this Silkwood home is ideally located. Recently renovated to include modern interior finishes, the bright and breezy home is on a private 1706sq m block, five minutes from school and less than 20 to Innisfail.
80 Mourilyan Rd, East Innisfail
3 bed, 1 bath, 3 car
$195,000
Walking distance to schools and to the Innisfail CBD, this spacious home is perfect for busy families who are always on the go. But the three-bedroom renovated home with an updated kitchen is also close to nearby picturesque walking tracks with river views for when it’s time to slow down. The double-storey home is on a large 800sq m block and has room downstairs for an additional living area or a workshop.
3 bed, 1 bath, 1 car
$219,000
Busy parents will be easily drawn to this Wonga Beach home that is labelled a “low-maintenance” block house. This well-maintained, tidy beach home is located in a quiet street on a fenced 800sq m block with no rear neighbours and only a few minutes walk to the beach and Wonga Beach State School. Kids creating a mess won’t be a worry as it’s tiled throughout and every bedroom includes airconditioning as does the open-plan kitchen and living area.
$225,000
3 bed, 1 bath, 2 car
This well-loved home fits the bill for family friendly living and is ready to move into. It enjoys great street appeal on a large 792sq m corner block, in the heart of Dimbulah and only minutes from the Dimbulah P-10 State School and St Anthony’s primary school. The partly-fenced home includes three airconditioned bedrooms, a breezeway to the side between the house and garage making for a great entertainment area and a large vegetable garden.
$239,000
4 bed, 1 bath, 2 car
A four-bedroom property only metres from the beach, and even closer to the local shops for under $250,000 is a rare find anywhere. This Wonga Beach home is perfect for families on an 808sq m block with no rear neighbours, at the end of a safe and quiet street. The school bus pick up is only 200m down the street. An open-plan living area spills into a side veranda making it great for indoor-outdoor living. And Mossman is only 10 minutes away – the region’s local supply hub.
$249,000
5 bed, 2 bath, 2 car
This “charming Queenslander” on the riverfront has been fully renovated to include a large timber kitchen with quality new appliances. With five bedrooms, it’s perfect for the modern family with enough room for an office as well as an arts and crafts room. Less than five minutes to the Innisfail CBD, a family would have easy access to all the town’s conveniences while enjoying outdoor living on this 1012sq m block.
$249,000
3 bed, 1 bath, 2 car
This hardwood timber beauty is located less than 1km to both primary schools and shopping centres and after some recent renovations, it’s ready for a family to move in and enjoy their new home. The tidy fenced 850sq m property features freshly polished timber floors, fresh paint to the bedrooms and new airconditioning in the living area. All bedrooms come with built-in cupboards. Outside there is an undercover entertainment area with direct access from the spacious kitchen.
$249,000
4 bed, 1 bath, 1 car
Enjoy everything Cairns has to offer just 15 minutes from the CBD on this large four-bedroom home sitting on a 700sq m block. There are multiple public and private schools within five minutes and just across the highway is the Mount Sheridan Plaza, taking care of all shopping needs. The fully fenced property offers enough yard space for the kids or room to expand.
The post Cairns real estate: Here are 10 family homes under $250,000 in FNQ appeared first on realestate.com.au.
The Tamarama house that sold in five days for $11.2m and smashed the suburb record last time it sold has hit the market again.
The Walter Barda-designed five-bedroom, four-bathroom Pavilion House at 10 Thompson St with 180-degree views has been the home of Lynette Rex, wife of retired Ramsay Health Care boss Chris Rex, for just three years.
She bought it from the Bronte Surf Club president Basil Scaffidi and wife Catherine, via Phillips Pantzer Donnelley’s Alexander Phillips, who, unsurprisingly, has picked up the listing again.
MORE:
Randwick house price record smashed by $350k
‘Aussie’ John Symond sells $150m super yacht
With the Rexs now downsizing, Phillips is quoting an $11m to $11.5m price guide ahead of a September 19 auction.
Apart from its northerly views of the beach, ocean and Mackenzies Bay, the Hamptons-style beach house features include pool, a dream kitchen and glass-enclosed wine cellar.
There’s a four-car garage with lift access to all three levels.
RELATED:
Glamorous Tamarama goes up for sale
The Tamarama market has moved on since 2017, with the suburb record now $15.75m after last year’s sale of the Gaerloch Ave home of Annie Conley, daughter of the late aviation pioneer and philanthropist John Conley, selling for $15.75m to Karen Michael, the daughter of the late property mogul David Burger.
Tech duo selling up
Not quite as salubrious but still within a stroll of both Tamarama and Bronte beach is the apartment of Brett Heil and Patrick O’Rourke, founders of creative/tech company Currious.
The well-positioned two-bedroom apartment with lockup garage at 4/21 Illawong Ave, Tamarama is also considerably more affordable with its $1.4m price guide via The Agency’s Mary Howell.
On the northern side of the Art Deco block of just six, the lounge and sunroom get the morning sun. The dine-in kitchen has a large Ilve gas stove and there’s a north-facing entertainer’s deck with barbecue gas outlet.
Other highlights are the timber floors and 2.9m high ceilings.
Heil and O’Rourke, whose company is globally recognised for its VIVID projections on the Opera House and opening ceremonies such as the Commonwealth Games, have owned the apartment for 30 years.
Heil bought the apartment for $180,000 in 1990 and met O’Rourke soon after, who bought in. The couple are now planning to move to Western Australia to be closer to Heil’s family.
O’Rourke says one of the things they love about the apartment is how quiet it is. “It’s just 200m from Bondi Road but you can’t hear the traffic there … you can have the window open and you can hear the surf crashing, that’s how quiet it is.”
The apartment goes to auction on August 22.
Starr and Waitsman’s new venture
Veteran agents Alain Waitsman and Peter Starr have teamed up as co-principals of Belle Property Double Bay.
The duo have a combined 60 years of experience, with Waitsman being associate director at LJ Hooker Double Bay for the past nine years and Starr most recently at Raine and Horne Double Bay before a long career at McGrath.
Waitsman said the new business has come at the ideal time. “The property market has a lot of distraction at the moment, but over the past six months we have seen that real estate is still transacting, especially at the top end of town.”
He said that with people spending more time at home during COVID-19, there was a growing appetite to upsize.
Starr said the principals’ experience set them apart from other agents: “We live and
breathe this area and we have both worked locally for 30 years,” Starr said.
“It’s something that our competitors can’t offer.”
They said they were attracted to Belle Property for its premium marketing.
Waitsman said: “Belle Property is high end brand that is very much aligned with the eastern suburbs.”
Belle Property Double Bay is located at 28 – 34 Cross Street, Double Bay.
Rubinstein and Cohen to star in ‘Selling Sydney’
You might have thought the mooted real estate TV show ‘Elite Agents’ was dead in the water given COVID, but apparently not.
The whisper is the contracts are now sitting with some of the stars, which include Ray White TRG principal Gavin Rubinstein and buyer’s agent Simon Cohen.
Now to be known as ‘Selling Sydney’, it seems set to be screened on Amazon, up against Netflix’s Selling Sunset.
Ray White TRG made three deals of $8.5m last week: Cae Thomas (with Ray White Woollahra’s Randall Kemp) sold in Kambala Road, Bellevue Hill; Rubinstein made another $8.5m Bellevue Hill deal and Oliver Lavers had one in Drummoyne.
RX Global boss sells
The chairman of electronic manufacturer SRX Global Joe Browne and his wife, Alison, has sold for $7.25m. No. 95 Balfour Road, Bellevue Hill had been on the market for nine months, but the deal was done by Ray White Double Bay’s Elliott Placks and Adam Reichman. There’d originally been hopes of $7.4m.
Placks said: “If a buyer wants to present an offer they should as we’re off the peak but stock levels are limited.”
Gazebo record
And the one-bedroom record has been broken at Sid Londish’s Gazebo in Elizabeth Bay. Richardson & Wrench’s Jason Boon has sold a one-bedder there for $1.45m, bettering the previous record of $1.4m set in February.
Boon and Daphne Sauvage of Sotheby’s also recently sold the Darling Point apartment of former Options trader David Waterhouse for $5.4m in five days this week to an offshore buyer.
The post Tamarama’s Pavillon House hits market with $11m-$11.5m guide appeared first on realestate.com.au.
A Melbourne development is selling houses for less than half the city’s $750,000 median house price.
Steadfield Melton South has homes available for as little as $370,000, which is also $50,000 below the affordable western suburb’s own median house price, according to latest realestate.com.au figures.
With 48 houses on blocks ranging from about 150sq m to 300sq m, the Sphere Group project’s prices top out at $469,500.
RELATED: Albert Fields: Developer asks Brunswick locals to help design
How to apply for $25K HomeBuilder grant, Victoria
Melbourne stage four: Should you buy property during lockdown?
Firm director Tony Bevacqua said they had been popular with young families and couples, with 19 now sold as first-home buyers scored up to $35,000 in government assistance.
“The whole development is targeted at first-home buyers and first-home investors, and given the current situation with COVID-19 and owner-occupier incentives, most are first-home buyers,” Mr Bevacqua said.
Despite this, they had also received strong interest from downsizers in the region.
To be built as an in-fill project on surplus land previously owned by a neighbouring retirement community, the new homes are walking distance from shops, schools, recreation areas and Melton train station.
The houses are also bringing a modern aesthetic to the suburb.
A mix of render and lightweight cement frontages will replace the typical brick facade. Inside, the double-storey floorplans range between 150-185sq m and include three bedrooms, an open-plan living area and a single garage as standard. Larger residences have a second living area upstairs and a double garage.
Caesarstone benchtops, floating timber floors, landscaping and European appliances are all included.
Land is due to be titled in October, construction to start shortly after and residents to move in from about April.
Three-bedroom houses cost between $370,000 and $469,500.
MORE: Melbourne’s wannabe top suburbs that can save buyers millions
Melbourne bridesmaid suburbs where you can save most on rent
Property investment tips and strategy: Proven performer vs. up-and-coming suburb
The post Steadfield Melton South selling houses at half Melbourne median appeared first on realestate.com.au.
LAUNCESTON is the place to be.
The message has come through in the latest Price Predictor Index from Hotspotting that highlighted the strength of the northern capital rather than Hobart.
Hotspotting director Terry Ryder named Launceston among the national Top 10 best performing municipalities and described it as the “standout market in the state” from “all perspectives”.
It is not to say the southern district does not have its moments, Howrah was dubbed one of Australia’s most consistent markets, but the spotlight mostly remained on the north.
Terry’s research revealed six Launceston suburbs that — despite COVID-19 — have a trend of rising sales activity: Kings Meadows, Mowbray, Newstead, South Launceston, Waverley and Youngtown.
He said most of this group had median house prices below $350,000.
“Launceston and neighbouring areas also comprise a standout precinct for annual price growth,” he said.
“Waverley rose by 17 per cent and Youngtown by 18 per cent alongside Riverside, Invermay, Kings Meadow, Newnham and Trevallyn that each recorded double-digit annual growth in their median prices.”
Talk to Launceston agents and the property buzz in the city becomes clear. A trend to keep an eye on, the impending influx of interstate buyers.
In Situ Property owner Kristi Seymour said her business had experienced a large amount of inquiry from interstate people wanting to get to Tassie.
“We have been conducting FaceTime inspections and using 3D walk-through tours to assist those wanting to buy, but are unable to travel,” Kristi said.
“The general feeling is people are seeing Tasmania as a safe haven.”
She said there had been renewed interest in properties above the $1m mark, the majority from people relocating.
“Many properties we have available are selling within a week or so, often under multiple offer conditions,” she said.
One Agency Launceston director Josh Hart said if Tassie was to open its borders tomorrow, the effect on the market would be significant.
Josh said Victorian, NSW and Queensland buyers wanted to relocate and were busy making those plans for when the time was right.
“And it is not just retirees, people want to move there families here,” he said.
“They want to come and live in a more community orientated location.”
However, Josh said Greater Launceston currently had the lowest stock level that it had in 20 years.
“Rental prices have gone up significantly in the past 18 months, too,” he said.
“A lot of people now are thinking that rentals are strong, money is cheap and vacancy rates are low, so instead of selling our first home lets rent it and use the equity that we have built up to buy home No.2.”
The post There is a lot to love in Launceston appeared first on realestate.com.au.