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This four bedroom house at 13 Bellevue Crescent, Whitfield is listed with Ray Murphy at RE/MAX and will be auctioned on September 22, unless sold prior.

Multiple and rapid offers on Far Northern properties are signs an auction is worth considering Cairns real estate agents say.

The social distancing laws enforced on the real estate market had stalled auction activity across the country, with the Far North going weeks at a time without a property under the hammer during the height of the pandemic.

REIQ Far North zone chair Tom Quaid said despite the lockdowns, demand for homes had never died.

“It’s been the story of the Cairns real estate market for the last four months — there’s more buyers than sellers,’ Mr Quaid said.

This four-bedroom house at 13 Bellevue Crescent, Whitfield is listed with Ray Murphy at RE/MAX and will be auctioned on September 22, unless sold prior.

“When you’re getting multiple offers on one property and they’re coming in quickly, it’s worth considering an auction to get the most value out of that demand.”

He said sellers considering an auction could benefit from longer campaigns, allowing buyers more time to prepare finances while banks tightened their lending.

RE/MAX broker-owner Ray Murphy said his office was experiencing a rise in demand for auctions.

“If they don’t sell prior, we’ll do about 30 in September. We did about 10 in June,” he said.

“Sellers are actually asking us more about the process and with the number of properties we’re selling sight unseen, now is the time for auction. It’s getting more Victorians interested in our market too.”

The post Auctions: Why buyers may need more time to prepare appeared first on realestate.com.au.

TO own a piece of residential “heaven” at Lake Tinaroo is a dream for many, which has just been made affordable thanks to a new property sharing scheme.

Edgewater Tinaroo’s scheme labelled Chalet+Share allows multiple buyers to share one of seven recently released lots at Lake Tinaroo from about $60,000.

The waterfront lot will feature a luxury home on a minimum of 4000sq m, on the edge of the lake.

The idea for the program, which is led by Edgewater’s director and developer Tim Wright, was born from a yacht sharing scheme.

Edgewater Tinaroo is offering a new property sharing scheme which will allow mulitple buyers to own and share a luxury house at Lake Tinaroo on a 4000sq m block.

“I loved sailing but could not afford it and did not want to have my money tied up in my own yacht that I only used from time-to-time due to work commitments,” Mr Wright said.

“I love the Tablelands and I understand that many people simply cannot afford to purchase a lot, build a home and then use it as a holiday home at Lake Tinaroo, so I launched Chalet+Share.”

He said a fully furnished luxury home and the land would cost $1.2 million and the idea was that each owner’s share entitled them to a maintained and serviced holiday house for a certain period each year, until it was sold and the owners received their share back.

“Chalet+Share will seek 20 owners at $60,000 a share so the chalet will be fully owned. This will entitle each owner to around 18 days a year comprising weekends and weekdays, all done over the net with a great booking calendar.

“So yes when it is sold say in 10 years’ time, they will get their share proceeds back.

“All money subscribed will be held in a solicitors trust account.”

He said while there would be ongoing management costs for maintenance, owners also had the opportunity to sell their share in the chalet at any point.

He said the luxury six-bedroom house would be built in three modules of two bedrooms each.

“So three families could all enjoy the house and holiday at once but still have their own privacy during their stay.

“No stone for owners’ security and enjoyment will be left unturned. The owners will get a beautiful, luxury home”.

Edgewater is now accepting expressions of interest, or for more information visit edgewater-tinaroo.com.au

The post 20 owners, one home: Lake Tinaroo luxury home share scheme appeared first on realestate.com.au.

John and Sue Butler at their Dutton Terrace, Medindie home which is being auctioned this Saturday. Sept 3, 2020. Picture: Brenton Edwards

The state’s peak selling season officially kicks off today, with SA homebuyers springing into action and hopeful sellers shaking off their winter doldrums.

Harcourts Packham director James Packham says a slower winter market and low listings boded for a strong start to spring.

“Suppressed stock levels and steady demand has meant that great prices are being achieved, and many homes are spending far less time on the market,” he said.

“Prevailing market conditions are bringing out the most genuine and motivated buyers that we have seen for some time.

“Many of our clients are speaking to us about escalating their plans to sell before the full effect of JobKeeper’s cessation can be felt, to give themselves the best chance of achieving a premium price for their home.

“The advice we are sharing with our clients is simple – if you have any intention of selling your home in the next 12 months, you need to be engaging a professional now to help navigate the waters ahead.”

Real estate agents are gearing up for a big spring after coronavirus stalled the autumn and winter market.

According to the latest Valuer-General’s figures for the June quarter showed Adelaide’s market performed strongly, Adelaide’s metro house value have held steady over the past quarter – dropping just 0.52 per cent to $477,500 – a strong performance considering the havoc wreaked on the industry by coronavirus lockdowns.

Metro home values also coincidentally dropped by the same amount on the same quarter last year. Statewide, the median house value climbed by 0.47 per cent over both the past 12 months and quarter to $432,000.

According to realestate.com.au data, there are currently 6362 private treaty properties on the market, and another 156 scheduled for auction.

Of this total, 663 launched just this week.

Williams Real Estate agent Hamish Mill said the market is active and spring looked set to be strong.

“These are very exciting times – we are very busy and the market is running red hot right now as we go into our busiest time of the year,” he said

Mr Mill said auctions were delivering good results and expects enthusiastic bidding at a 33 Dutton Tce, Medindie villa he is auctioning this morning.

“As with a number of auctions I’ve held recently, we have several registered bidders and I’m expecting to see fast and spirited bidding,” he said.

John and Sue Butler are selling their Medindie home through Mr Mill and said they were confident the time was right to sell.

“We thought spring time was the best time, especially with the uncertainty during the coronavirus period,” Mr Butler said.

“The market looks like its held up well in terms of price and people still seemed to want to buy and we thought it was worth having a go.

“We’re hopeful it sells and, with the pool, it would be a great home for someone to enjoy throughout spring and summer.”

MORE NEWS

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The post Market springs back from winter slump appeared first on realestate.com.au.

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

It’s been a much loved family home for three decades, and now it’s time for another family to move in and enjoy the grand entertainer Ric Anderson and Rebecca Giles have created for themselves in a stunningly restored Malvern villa.

“It’ll be 30 years ago in January that we bought it and we were married about three or four months after purchasing it, so it was a bit of a wedding present for each other – we fell in love with the place instantly,” Mr Anderson says. “Our kids have been born and raised here, and the only reason we’re leaving is because we’ve got the harebrained scheme to do a total seachange and are now heading down south because I love to surf and that will allow us to enjoy that lifestyle in retirement.

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

“About 14 years ago we decided we wanted to improve the back of the house and increase the amount of accommodation upstairs for our two daughters, and the intention of the renovation and extension was to maintain the integrity of the existing home right around the entire house. So we engaged Pauline Hurren, who is very known for her heritage work, and asked her to make it a seamless transition from old to new, and she did, all the way down to her hand-picking the stone from a quarry at Basket Range.

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

“While she did it at a ground level, we also went up into the ceiling space and, with the use of taller windows, she created a really spacious living area, two double bedrooms and a bathroom upstairs. It’s been pretty cool in the past few years, with our daughters getting older they’ve been able to have friends over and enjoy their time upstairs and we can get on with our lives downstairs.

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

“The guy who worked out all those angles on the upper level was here for about six months – it was a long-winded process but worth doing because we wanted to get it right and were planning on being here for 20 or 30 years.”

The home has up to four bedrooms – the master suite on the ground floor and complete with a built-in robe and access to an award-winning luxurious family bathroom with a feature bath and a fireplace. Formal dining and living rooms sit at the front of the home, while an open-plan kitchen, dining and living area sits at the rear, opening to a covered terrace. A spacious living area is set on the upper level, and the home also has a cellar and a double carport.

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

“I’ve been in the wine industry all my life and we’ve had plenty of dinner parties here,” Mr Anderson says. “This house is great for entertaining because that formal dining room is amazing, and we can have brunches and lunches in the back living area, and in summer we spend a lot of time on the back porch enjoying the ambience out there. We’ve spent a lot of time getting the garden up to scratch and have done that all ourselves – we’ve done this from a very personal point of view and hopefully that reflects quality from the front gardens right through the whole house.”

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

Mr Anderson says the home’s layout and location has been perfect for his family and he hopes it will be enjoyed by another.

“We picture the sort of people who might fall in love with this place as we did might be newly married or have a young family and want to take advantage of having a beautiful home in a great location which is so convenient to everything,” he says. “We’ll take our memories with us – and if we had our time again – all those 30 years ago when we poked our head through the fence and fell in love with the place – we’d do exactly the same thing all over again.”

117 Cambridge Terrace, Malvern. Supplied by Williams Real Estate.

117 Cambridge Tce, Malvern

Contact agent for price

Agent: Williams Real Estate, Rhys Gebethner 0408 878 835, Stephanie Williams 0413 874 888.

Land size: 673sqm.

Expressions of interest: Close Wednesday, September 23 at 5pm.

MORE NEWS

Chance to restore a piece of history to its former glory

Where you can buy a house for $80,000

Historic church’s impressive transformation

The post Attention to detail key to renovation triumph in Malvern appeared first on realestate.com.au.

The old country-style kitchen is unrecognisable. Picture: Aaron Busch

Remember the love affair with all things country in the 1990s? That was what confronted interior designer Monique Sartor when she and her husband bought a large but largely unloved terrace in Glebe.

“It was a country-style kitchen with a terrible layout,” Monique says. “There was a fireplace which was where they put the stove and then there was a tiny bit of benchspace and then the sink.”

The new kitchen has a more functional layout. Picture: Aaron Busch

When she found herself holding some of the cupboard doors together with wood glue, Monique realised it was time for a full renovation.

“I wanted the kitchen to have a more functional layout,” she says.

“The old fireplace took up more than half that wall and there was no space to eat in the kitchen, or do homework. You had to go into the dining room.”

The east-facing kitchen was gutted and windows on the southern side were replaced by doors, offering access to a deck.

The kitchen is packed with storage, including drawers under the upholstered window seat Picture: Aaron Busch

Monique designed a kitchen along one wall with a long island bench and breakfast bar through the middle, and an upholstered seat under the window.

The old hallway was converted into a separate pantry and powder room while Monique also created a sunroom on the other side of the dining room.

The powder room is covered in wallpaper from the Matthew Williamson range for Osborne & Little. Picture: Aaron Busch

With close attention to natural light, Monique went to town on pattern and colour, using bold fabrics, wallpapers and floor tiles. Black and white floor tiles connect the sunroom, kitchen and powder room while wallpaper from Osborne & Little and Casamance fabric bring the spaces to life. While Monique was confident in her choices, other family members took a little longer to get on board.

“I told my husband I was going to wallpaper the powder room but I didn’t show him which one,” she says. “There was some initial negativity but now anytime anyone comes over, that’s the first place he takes them.”

Designer Monique Sartor followed her heart to design a kitchen perfect for her family’s needs. Picture: Aaron Busch

Appliances such as the fridge and dishwasher have been concealed to make the space feel less clinical, along with an artwork Monique created herself. Black and white photographs she took and framed make a striking display in the sunroom.

The dramatic sunroom includes a gallery of photographs Monique took herself. Picture: Aaron Busch

Although the rooms are unapologetically colourful, with a white Corian benchtop and blue/grey joinery, the base is quite neutral, making it surprisingly easy to change up. She now uses her kitchen to show clients how colour can work for them.

“It helps people visualise how it will look,” she says.

Pictures: Aaron Busch

THE PROJECT

Owners

Interior designer Monique Sartor, her husband and their two kids

Designer

Sartorial Interiors, sartorialinteriors.com.au

The brief

To replace the country-style kitchen with a harder working, more functional space and connect it better to the other rooms

The site

A large terrace in Glebe that had seen better days

Design solution

To create a colourful, streamlined eat-in kitchen with easy flow to the dining room, sunroom and outdoors

How long did it take

Three months

The post An interior designer goes wild with colour in her own inner city kitchen appeared first on realestate.com.au.