No Comments

Belair home offering househunters some of the best views in Adelaide

The Belair home at 1A Serpentine Road has some of the best views in Adelaide. Pic: realestate.com.au

In the words of the world’s most famous space ranger, the enviable view from this home in the Adelaide foothills looks like it stretches to infinity and beyond.

The Belair house at 1A Serpentine Rd was designed and built to make the most of the picturesque vista, which encompasses Brown Hill Creek, the city and its surrounding suburbs.

For 20 years owners Shannon and James Nicholson have lapped up the ever-changing scenery that forms the backdrop of their home.

MORE NEWS

Where to get the most rent return

Fancy your own swim-up bar?

Why househunters got into a bidding war for fire damaged home

The view can be admired from almost every room in the house. Pic: realestate.com.au

The entertainment deck offers the best spot to enjoy it though. Pic: realestate.com.au

Now they have put the house on the market, giving someone else a chance to enjoy the view.

Ms Nicholson said they had loved living in the four-bedroom house, which they designed with friend Tim Geue of Built Design Architects.

“This is a beautiful home and very comfortable with expansive windows and views from almost every room,” she said.

“We have loved living here – the amazing views, the northerly aspect and the huge indoor-outdoor entertaining.

“The outdoor balcony, that’s 100 per cent the thing we use more than anything.

“Even in winter, it’s actually sunny and warm.”

The house, which is on a sprawling 1600sqm block, has two levels with entertainment decks to make the most of the view on each.

You can even kick back and relax in the bath while lapping up the view. Pic: realestate.com.au

The home was built two decades ago but certain rooms, including the kitchen, have been updated over the years. Pic: realestate.com.au

The home has four bedrooms and two bathrooms. Pic: realestate.com.au

An open kitchen, living and family room as well as two bedrooms, including the main, are on the top level, while two more bedrooms and a living area are downstairs.

Walls of windows flank the home to ensure the impressive views are always on show.

Ms Nicholson said the house had been the perfect family home over the past two decades.

“There’s nothing that I would change, everything in the house has been perfect for us,” she said.

“We will miss our home but with my husband now living overseas, we have bought a small home on the lake at West Lakes.

“But we will definitely head back to the hills in the future and maybe even build another home.”

The property, which is on the market without a price tag, is being sold by Tanner Real Estate director Simon Tanner.

The post Belair home offering househunters some of the best views in Adelaide appeared first on realestate.com.au.

No Comments

Melbourne mum reveals her simple strategy to building a 20-house portfolio

Billie Chrisofi

Billie Chrisofi has 20 properties in her portfolio.

A Melbourne-mum-of-four has revealed her savings and investment secrets which led her to owning 20 houses by the age of 37.

Billie Christofi, director of property investment service Reventon, started saving and investing from the age of 16 to be able to buy her first home at just 22.

RELATED:
Where home prices are falling fastest

Man with 200 houses bags six more during lockdown

Teacher with 16 homes says opportunity is being missed during COVID-19

Ms Christofi bought her first property on a part-time wage and took advantage of the first homeowners’ grant.

“It was a big moment, and one I’d worked towards for a long time,’ Ms Christofi told Femail.

View this post on Instagram

Fresh air 💙 #reflectiontime #peace #newpaths

A post shared by Billie Christofi (@billie_christofi) on Jul 21, 2020 at 1:40am PDT

She sold the house just 18 months later – and it had increased in value by $150,000.

“I used this capital to then buy two properties and kept compounding after that using the growth of my investments to leverage and buy more properties,” Ms Christofi told Femail.

From a young age, she also put her money into shares and entered the commercial property market, she said.

Aerial panoramic view of Hastings suburb and Westernport Marina at dusk. Melbourne, Australia

The Melbourne mum now has an portfolio of 20 different properties. Picture: iStock

Twenty properties later, Ms Christofi has four homes in her personal name and 16 together with her husband – and she’s looking to buy her 21st property through her superannuation.

The mum recommends looking at your cashflow and savings to see where you can buy in the market as a good starting point, then gaining equity so you can invest further. She said it pays to take risks, but only if you’re not going to end up with debt.

Ms Christofi said it’s important to be disciplined with savings and spending, cutting back where you can and being mindful of how you’re spending – especially avoiding impulse purchases. She advised to wait 24 hours before making a purchase decision on anything that is considered a “want item”.

MORE: Friends’ star selling ‘kickass beach house’

Suburbs where lower salaries can now buy

$12m mansion built by toilet brush empire

“The impulse tends to wear off if you give it some time,’ she said. “It’s so easy for spending to get out of hand. I advise people to sit down and tabulate their finances the old-fashioned way with a budget table and dissect where their finances are going.”

TWAM 26 MAY 2018

She’s now looking to buy her 21st property through superannuation.

It’s important for women to not leave all the financial decisions to men, she added, reiterating it’s vital to educate yourself and “take charge” of your own money.

“Play an active role in understanding money and getting the support you need to make sound investment decisions,” Ms Christofi said. “You should learn to do your own research and understand what is right for you and your affordability.”

View this post on Instagram

❤️

A post shared by Billie Christofi (@billie_christofi) on Jan 13, 2019 at 6:25pm PST

As the director of her own property investment service, she has helped 3000 clients gain financial progression and build their wealth. She also recommends seeking the help of a financial adviser.

The post Melbourne mum reveals her simple strategy to building a 20-house portfolio appeared first on realestate.com.au.

No Comments

Why everyone wants to live in Mermaid Waters

MERMAID Waters is undergoing rapid gentrification as young families and professionals flock to the Gold Coast suburb.

A younger brother to elite housing hotspot Mermaid Beach, the once lesser-known suburb of Mermaid Waters has become a standout with big-ticket housing renovations and new builds lifting the appeal.

More young families and professionals are now calling Mermaid Waters home.

MORE NEWS: First time buyers line up for a crack at renovated charmer

Gold Coast real estate market in for a blooming spring

Development is also changing the local landscape, with Sunland Group’s 42ha master planned community The Lakes taking shape on the corner of Hooker and Lakeview boulevards.

Real estate agents are reporting a spike in interest, with huge numbers through open homes in the suburb where the median house price hit $980,000 in the 12 months to July – a 35 per cent increase over five years with agents predicting the suburb to join the elite million dollar median club soon.

17 Sundowner Court, Mermaid Waters recently sold for $1.33 million.

Andrew Henderson, Professionals John Henderson Real Estate Mermaid Beach principal, said the “typical homeowner” at Mermaid Waters had dramatically changed over the decades.

“When I first moved into the suburb 20 years ago there were a lot of retirees but now it’s a whole different dynamic to what is was,” Mr Henderson said.

“The average age through there was quite high, but over the years has come down as younger families move in.”

Mr Henderson said houses built in the 1980s and in original condition were popular with buyers wanting to renovate.

His agency was taking a house at 18 Salacia Ave to auction on Saturday and was expecting plenty of interest.

18 Salacia Avenue, Mermaid Waters is going under the hammer this weekend.

“It’s a non-waterfront block and an older house but it’s in immaculate condition,” Mr Henderson said. “I would imagine someone would do a big renovation on it.”

Ray White Broadbeach Waters principal Mitch Palmer said there was a mixture of buyers including strong demand from families.

“We sell in both Broadbeach Waters and Mermaid Waters but we are finding Mermaid Waters to be stronger at the moment,” Mr Palmer said.

“It’s from a value perspective. The properties you are getting in Mermaid Waters offer similar lifestyle benefits to Broadbeach Waters but at a lower price point.

“For those people who want to live near good schools, parks and have good access to the beach, Mermaid Waters definitely provides that.”

8 Nicolson Court, Mermaid Waters recently sold for $1.075 million.

He said with interest rates so low, there had been an influx of buyers from outer suburbs including Robina and Ashmore upgrading to Mermaid Waters.

Christine Tucker, of Harcourts Coastal, had a similar view.

“The 4218 postcode in my eyes is central Gold Coast (and is) close to Pacific Fair, Robina Town Centre and small great schools for young families,” Ms Tucker said.

“The light rail extension from Broadbeach to Burleigh Heads will only push the prices up.”

RECENT SALES

Source: realestate.com.au

120 Oceanic Drive, Mermaid Waters, $916,000

17 Peter Blondell Drive, Mermaid Waters, $825,000

17 Sundowner Court, Mermaid Waters, $1.33 million

168 Markeri St, Mermaid Waters, $665,000

4 Vevey St, Mermaid Waters, $1.45 million

316 Rio Vista Boulevard, Mermaid Waters, $860,000

16 Peninsula Court, $860,000

58 Arcadia Drive, Mermaid Waters, $913,000

4 Reef Court, Mermaid Waters, $1.14 million

4 Montebello Court, $1.5 million

8 Nicolson Court, Mermaid Waters, $1.075 million

The post Why everyone wants to live in Mermaid Waters appeared first on realestate.com.au.