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No. 10 Coolong Road, Vaucluse, has sold for $5.5m — $2m above the $3.5m reserve.
Onlookers who gathered to watch the worst house on Vaucluse’s best street left in total disbelief after it sold for $2m above reserve.
The two-bedroom semi-detached described as a doer-upper with no off-street parking attracted nine bidders including Jackie O’s ex, Lee Henderson.
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Sydney Sotheby’s International Realty agent Michael Pallier said the auction for 10 Coolong Road took off from the start with a number of parties making plenty of big and bold bids.
The semi is on the same street where Nicholas Vass sold his mansion for $34m last month.
The property was snapped up for $5.5m by PPD Real Estate agent Alexander Phillips. Fellow bidder Henderson, who is looking for a home of his own after splitting from Jackie O in 2018, did not make an offer on the property during the auction.
Mr Pallier said everyone from himself to the seller and the crowd were shocked at how much over the reserve price it sold for.
“No one could believe the result – the silence was deafening when the hammer fell,” he said.
“For a semi-detached with no parking to sell for that sum is simply unbelievable.”
Owned by the same family for 45 years, the semi-detached is on the same street where Vass Industries founder Nicholas Vass sold his mansion on Sydney Harbour last month for $34m. Throughout the campaign, Mr Pallier had more than 300 buyers inspect the northeast facing home that has glimpses of the harbour.
It had been owned by the same family for 45 years.
The Coolong Road home had potential to add a second floor.
“I’ve never seen a better market than right now – great homes are strongly contested at the moment,” he said.
Buyers who looked at the semi were attracted to the potential to do it up and add a second floor.
Also in the east, first-home buyers paid $182,000 above the reserve for an original two-bedroom semi at Kingsford.
No. 98 Sturt Street sold for $1.432m after it attracted 15 registered bidders. Ray White’s Roger Wardy said the property was so popular they moved the auction forward by a week.
An out of area family have purchased 53 Darley Road, Manly.
The dream of living near the beach has become reality for an out of area family after they paid $3,999,500 at a thrilling Manly auction.
The result of 53 Darley Road was well above the reserve and came after three parties from across Sydney registered to bid. Bidding opened at the $3.6m mark and rose mostly in $100,000 increments before finishing up with half a dozen $500 bids.
Clarke & Humel principal Michael Clarke said the buyer was after a large block with a good lifestyle.
“We’ve never had so many buyers from across Sydney to Manly,” he said. “It is all about COVID-19 and wanting to live somewhere with a lifestyle.”
No. 8/19-25 Flinders Road, Earlwood.
The “new normal” of working from home has meant an Earlwood couple had no choice but to sell their townhouse.
It paid off, with their two-bedroom home selling for $957,000 in a cracker.
Up against five bidders, a local couple who had been to five auctions and kept missing out walked away with the keys.
Seller Jeremy Cook said he and wife Sarah were forced to sell due to the property not having enough space for both of them to work at home.
First homebuyers have purchased 41 Frederick Street, St Peters.
“I am at the dining room table working, and she is in the bedroom, so I have to pack up every night so we can eat dinner,” he said.
8/19-25 Flinders Rd was sold by Ray White Belmore director Dean Vasil.
In neighbouring St Peters, 41 Frederick St sold $75,000 above expectations for $1.175m.
Ray White’s Ercan Ersan said both bidders were first-home buyers.
He said first-home buyers had overtaken investors to be the dominant force at the lower end of the market.
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Deborah Doctor and her father-in-law Tony Leibowitz outsmarted 14 other bidders to secure a terrace on St James Road at Bondi Junction. Picture: James Gourley/The Sunday Telegraph.
A lady bidding with the help of her father-in-law has stunned a socially distanced crowd of about 100, after paying $540,000 above the reserve for a deceased estate.
The standout result for the Bondi Junction terrace came after the auction for 102 St James Street was brought forward by a week after overwhelming interest from more than 120 groups.
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This translated into 15 groups registering on an overcast Saturday morning, with the five bidders active.
Deborah Doctor celebrates with her father-in-law Tony Leibowitz (centre) after buying the Bondi Junction property. (Picture: James Gourley/The Sunday Telegraph).
McGrath Coogee agent Angus Gorrie said the successful buyer who paid $2.94 million knocked several parties out with her savvy bidding.
“It was smart bidding on her behalf, as most parties were priced out from the $2.5 million mark due to her determination,” he said.
Auctioneer Troy Malcolm got proceedings under way with an opening bid of $2 million after a lengthy period of silence.
The buyer entered the arena at $2.05 million, before landing her first knockout blow of $2.4 million — a jump of $150,000.
There were five bedrooms at 102 St James Road, Bondi Junction.
The property was ripe for a renovation.
When another party made a counter offer of $2.45 million, the buyer was not having any of it and made another $150,000 jump to $2.6 million with the help of her father-in-law.
By this point, it became a two-horse race between the purchaser and two ladies, who no matter what amount they bid, were outclassed by the determined buyer.
After 10 minutes of bidding and tense negotiations, the underbidder pulled out after placing a $2.93 million bid, and handed the deceased estate to the purchaser for $2.94 million.
Auctioneer Troy Malcolm had 15 bidders register. Picture: James Gourley/The Sunday Telegraph.
The sale price was also a whopping $740,000 above the price guide that Mr Gorrie had quoted on the terrace located near Centennial Park. The real estate agent said the result showed the current strength of the market.
“There is not a lot of good quality housing on the market at the moment, and it was evident that good properties like this one on a great street are selling very well at the moment,” he said.
There was a rear courtyard as well.
It last sold in 1988 for $300,000.
With five bedrooms and a carport at the front, the terrace had been under the same family ownership for the past 32 years after being purchased in 1988 for $300,000, according to CoreLogic.
The Bondi Junction sale was one of about 665 Sydney auctions scheduled for the week, an 8.66 per cent increase on the volume of auctions recorded last weekend, Realestate.com.au showed.
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14 McAnally Drive in Sunshine Beach. The area is on the wish list ofinterstate buyers.
People are still determined to make that sea or tree change six months after the onset of COVID-19.
According to realestate.com.au, a property listings website, regional areas have registered a significant increase in popularity, in a trend that is particulary prevalent in Queensland.
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The small town of Biloela in the Banana Shire received a 197 per cent growth in views per listing for houses for sale in August, compared with March, followed closely by the Central Highlands, which showed a 182 per cent rise in views. Port Douglas and Daintree (147.1 per cent), Noosa (136.2 per cent) and Maryborough (131.7 per cent) rounded out the top five places of most interest.
Biloela agent Mark Simpson of Ray White said that while the town’s market was far from going gangbusters, it had improved on a few years ago.
He said most inquiries related to rental properties off the back of some large infrastructure projects occurring in the area, which had attracted workers from farther afield and tightening vacancy rates.
35 Lawrence Street, Biloela is on sale through Ray White Biloela. The country town had 197 per cent growth in property views on the listings website realestate.com.au in August, compared with March.
When it comes to rental viewings statewide the Sunshine Coast dominated searches on realestate.com.au, with Maroochy registering a growth in views per listing of 258.1 per cent. Noosa made another appearance with 217.7 per cent, followed by Mudgeeraba – Tallebudgera on the Gold Coast gaining 194.9 per cent more eyeballs, the Noosa Hinterland (194.5 per cent), and Caloundra (183.3 per cent). New South Wales is experiencing a similar trend with place in the Richmond Valley Hinterland most popular.
Cameron Kusher, director of economic research at REA Group said: “Regional markets have experienced some of the largest increases in views per listing for both for sale and for rent properties during the COVID-19 period.
“Whether this increase translates into a mass exodus from metro areas remains to be seen, but it does show a change in consumer behaviour, which is the result of Australians wanting more space, cheaper property and working from home,” he said.
Cameron Kusher director of economic research at REA Group says whether an increase in viewings in regional areas translates to an exodus from city areas remains to be seen.
Mr Kusher said while increased viewings for properties in coastal and hinterland areas, such as Noosa, were interesting, he was surprised by the spike in viewing in the more remote areas.
“I didn’t expect they would be areas that would attract an increase in demand. Perhaps the onset of the recession may have expedited some people into early retirement, which may account for the increase. It would be interesting to know the demographic of those searching in these areas.”
The trend for regional migration, was however backed this week by the Property Investment Professionals of Australia’s (PIPA’s) annual investor sentiment survey, which consults more than 1100 investors.
The survey showed that while market confidence is up, COVID-19 has led investors to reconsider not only where they buy, but also where they live.
Once again, regional areas are set to benefit most after investors indicated that their top locations to migrate to nationally are regional New South Wales (21 per cent), regional Queensland (18 per cent), Brisbane (16 per cent) and regional Victoria (14 per cent).
PIPA chairman Peter Koulizos said most investors cited lifestyle factors, housing affordability and working from home as the main drivers.
“It’s no surprise that COVID-19 and made many people reconsider their lifestyles with
nearly a fifth of investors indicating they are contemplating a move,” Mr Koulizos
said.
Queensland is a particular hotspot with 30 per cent of investors investors agreeing that it offered the best prospects over the coming year.
The proportion of investors that said regional markets were the most appealing increased to 22 per cent, up from 15 per cent in 2019, with coastal locations also on the rise, almost reaching 12 per cent, up from 8 per cent last year.
The post Regional property the surprising winner out of COVID-19 appeared first on realestate.com.au.
Fishing on the beach at St Helens, Tasmania. Picture: SUPPLIED
PROPERTY hunters have got their eyes on Tasmania’s regional areas, with interest rising substantially over the past year.
With demand an indicator for price growth, this could be good news for homeowners in the north of the state — particularly the North East — who are considering selling.
New realestate.com.au data analysed the growth in views per listing in August, compared with the COVID-19 lows of March for sale listings and April’s rental listings.
The significant jump in popularity of regional areas is a nationwide trend and in Tasmania, the North East topped the charts with a 76.2 per cent lift in views per listing.
The North East also recorded the state’s largest change for rental views on the site, with a 117.1 per cent surge.
This data region covers a large area including Dilston-Lilydale, Georgetown, Longford, the Northern Midlands, Perth-Evandale, St Helens and Scottsdale-Bridport.
Property market analyst Tony Collidge said affordability, a relaxed lifestyle and climate would be among the driving factors drawing interest to these towns.
Tony Collidge.
“Remember, prices in the North and North West are well below Hobart prices and in some cases less than half,” he said,
“They are also more communal yet within a 30-minute to one-hour drive of major population centres and services.”
Following the North East, the Central Highlands (69 per cent), Devonport (62.6 per cent), Meander Valley-West Tamar (59.4 per cent) and Brighton (46.7 per cent) each recorded huge growth in views per sale listing.
REA Group director of economic research, Cameron Kusher, said regional markets had experienced some of the largest increases in views per listing, which indicates that since lockdowns commenced, people have had a “greater interest in regional areas”.
“Whether this increase in interest in regional properties translates into a mass exodus from metro areas remains to be seen,” he said.
“It does show a change in consumer behaviour, which is likely the result of Australians wanting more space, cheaper property and working from home.”
In Tasmania’s rental sector, four regions recorded growth above 102 per cent: Burnie-Ulverstone (102.7 per cent), Hobart South and West (110.2 per cent), Hobart North East (112.8 per cent) and the North East (117.1 per cent).
Mr Collidge said he would expect areas surrounding Hobart had higher levels of inquiry because almost half the population live here.
“This is where most of the employment opportunities are, and this is where most services are available,” he said.
The post North East home listing views grow 76pc from COVID-19 low appeared first on realestate.com.au.
31 Queen Street, Bellerive. Picture: SUPPLIED
IT may not be the most expensive or fanciest property in Bellerive, but this building in Queen St is among the most intriguing.
Just ask the potential buyers who have been lined up around the block for a peek inside.
Or the viewers online who helped put it on top of the realestate.com.au weekly charts for most-viewed properties — No. 1 in Tasmania and No. 5 nationally — with more than 7500 views and counting.
It’s not often that an 1800s sandstone church hits the market, especially in a popular residential suburb such as this Eastern Shore hub.
Built in 1852, the St Mark’s Chapel of Ease is one of the oldest buildings in the area.
31 Queen Street, Bellerive. Picture: SUPPLIED
It is older than the nearby historic post office and even older than the Kangaroo Bluff Battery — if only its walls could talk.
Roberts Real Estate property representative Karen Young said the church had been a hit with potential buyers.
“It has been very popular already, I took 11 groups through in just one day and then 17 more on another,” she said.
31 Queen Street, Bellerive. Picture: SUPPLIED
Mrs Young is no stranger to this type of building, having sold a couple recently.
“I sold a church in Dunalley and another in Colebrook within the last 12 months,” she said.
“This one is more complex, with the cemetery attached, although the last burial at this closed cemetery was over 100 years ago.
“There are more complexities when selling this type of property compared to a typical home.
“Not only are there Tasmanian Heritage restrictions, but also the council.
“And the new owner will need to apply to be a cemetery manager to own the property.”
No. 31 Queen St is positioned on a large corner block of 2035sq m.
31 Queen Street, Bellerive. Picture: SUPPLIED
The chapel was used as a Sunday school until 1917 and in 1927 the Bellerive Sea Scouts became the tenants.
More recently, the property was approved by Clarence City Council for a one-lot subdivision of about 542sq m.
Expressions of interest for No. 31 Queen St, Bellerive, will close on September 28 at 5pm.
The post Divine Bellerive property delights propspective buyers appeared first on realestate.com.au.
Cate Blanchett at last week’s Venice Film Festival. Picture: Pascal Le Segretain.
Hollywood star Cate Blanchett and her husband, Andrew Upton, have sold their $12m two-storey apartment in the historic Astor apartment building in Sydney’s CBD.
This is the same pad where Barry Humphries famously upset neighbours in the 1980s, by joining two apartments with a Hollywood-style staircase without getting permission from the owners’ corporation.
The now five-bedroom residence, listed in March with Ken Jacobs of Christies, attracted 3000 views in the first 12 days on realestate.com.au with the advertisement even advising it was “owned by Academy Award-winning actor Cate Blanchett”.
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The famous staircase.
It leads to the bedrooms.
Well-placed sources have revealed the apartment in the 1923-built landmark building at 123 Macquarie Street has sold in the “double-digit” millions, the first in the building to do so.
It’s the largest in the block, with 400 sqm of internal space and with a north-easterly aspect.
There are views over Sydney Opera House, the Royal Botanic Garden and the main Harbour.
And large formal living and dining rooms, a chef’s kitchen, large casual living area and two decent-sized bedrooms downstairs, one with an ensuite.
Head up the semi-spiral staircase to the master suite, which has its own study, dressing room and ensuite. Plus two more bedrooms and a bathroom.
Magnificent views.
Fine dining.
Blanchett and Upton had bought it for $8m from the Wizard Home Loans founder Mark Bouris five years ago.
They’d moved to Britain — where they live with their four children in a historic English manor in East Sussex called Highwell House that cost $6.25m in 2016 — but they’d wanted the Astor apartment as their Sydney bolthole.
There’s marble in the chef kitchen …
… And also the bathrooms.
The couple had previously lived in the Hunters Hill mansion Bulwarra, purchased for $10m in 2004. They thought they’d sold that for $19.8m in 2015, but the deal fell through. It still set a suburb record when it sold for $18m in 2017.
They sold their Berowra Creek holiday home for $1.7m last Christmas which had cost $1,495,000 in 2004.
The only Sydney property they now own is a harbourside Elizabeth Bay investment apartment bought for $1.92 million in 2013.
The post Cate Blanchett sells $12m apartment in the Sydney landmark Astor building appeared first on realestate.com.au.
Sabrina Groenewald, and her husband, Etienne, are desperate to sell their Wyndham Vale home to move to Queensland, where she grew up. Picture: Jay Town
Victorians are eyeing homes in Tasmanian and Queensland lifestyle havens as lockdown lingers.
Searches for interstate homes on realestate.com.au by Victoria-based buyers are up 54 per cent on a year ago, with the Hobart, Launceston and Gold Coast regions rising to the top of their wishlists since COVID-19 struck.
Househunters are simultaneously deserting Melbourne, with demand from buyers and renters plunging in pockets on all sides of the city.
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The realestate.com.au listing for this striking 1/1 McDevitt Avenue home in the Hobart suburb of Dynnyrne has notched more than 6500 views. It’s available to offers above $875,000.
Over the past six months, the 25 regions with the biggest drops in average views per sale listing nationwide were all in Melbourne, headed by Monash, which was down 25.6 per cent.
Demand from buyers also plummeted in the Whitehorse and Sunbury areas, while renters turned away from Stonnington, Yarra, Glen Eira and the CBD, realestate.com.au found.
REA Group director of economic research Cameron Kusher said whether this search activity foreshadowed a “mass exodus” remained to be seen, especially with Melbourne’s physical inspections ban putting many homeowners’ moving plans on hold.
“For a lot people, it’s not worth listing their properties at the moment — they can’t put their best foot forward by having (professional) photos done, and having people come and have a look at it,” he said.
But the pandemic had made many Melburnians realise they could work from home, and accordingly move to places where they could get “a lot more space and more for their money”, Mr Kusher said.
1/74 Waitomo Street, Broadbeach Waters is on the market for $1.99m-plus on the Gold Coast.
That included commutable regional cities — “if you’re living on the outskirts of Melbourne, say down at Cranbourne, you might as well be in Ballarat or Geelong” — and interstate.
“Even if you live in Tassie or southeast Queensland and need to go into the office in Melbourne one or two days, it won’t be out of the realms of possibility to jump on a plane,” he said.
When asked this week about Melburnians moving interstate, Premier Daniel Andrews said: “We’ll get this health challenge dealt with and then we’ll be beginning the biggest program of economic repair and rebuilding this state has ever seen.
“As for individuals who may make a choice to find a COVID normal somewhere else, that’s a matter for them.
“We’ll wait and see if they come back … when we’re in a freer position to show the rest of the country and the world our inherent strengths.”
Devonport joined Hobart and Launceston among Victorian buyers’ Tasmanian targets on realestate.com.au, while Noosa Heads, the Sunshine Coast, Brisbane and Cairns represented Queensland alongside the Gold Coast.
Rounding out top 10 were New South Wales’ Byron Bay and Moama.
Many of these suburbs were also among the most searched by Victoria-based renters, with Adelaide, Canberra and Tassie town Burnie also making the list.
41 Ruskin Street is asking $3.2m in NSW hot spot Byron Bay — and the property has accrued more than 11,000 views online.
Ray White Werribee director Michelle Chick said many Melburnians who had suffered financially due to COVID-19 were also deciding they “don’t need large mortgages, or they can’t afford their large mortgages anymore” and seeking cheaper homes outside Melbourne.
She added others like Sabrina Groenewald — whose three-bedroom Wyndham Vale house is on the market asking $500,000-$550,000 — were pursuing warmer climates to help alleviate health issues that had deteriorated during lockdown.
Ms Groenewald and her husband, Etienne, planned to sell the 3 Ologhlen Drive property to help fund her urgently needed spinal surgery and a move to Flagstone, between the Gold Coast and Brisbane.
But the state government extending Melbourne’s physical inspections ban to October 26 had “shattered” those plans.
“We’ve been wanting to move to Queensland for years now, I grew up there,” Ms Groenewald said.
“Then all this happened, so my husband and I thought it was the perfect time.
“But with the real estate restrictions, I can’t sell my house, so I won’t have the money to buy the land in Flagstone and build our dream house.”
Ms Groenewald said she had even picked out a “prime piece of land” and hired a conveyancer in preparation for their move.
“I’m hoping the government will allow private inspections, maybe even auctions outside in the fresh air where people can distance, … so I can get this house sold,” she said.
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INTERSTATE BOOM:
Most searched interstate regions by Victorian-based people since COVID-19 hit
Buy
Hobart greater region, TAS
Launceston greater region, TAS
Gold Coast, QLD
Noosa Heads, QLD
Sunshine Coast, QLD
Byron Bay, NSW
Devonport greater region, TAS
Brisbane greater region, QLD
Moama, NSW
Cairns greater region, QLD
Rent
Hobart greater region, TAS
Launceston greater region, TAS
Gold Coast, QLD
Adelaide, SA
Burnie greater region, TAS
Sunshine Coast, QLD
Brisbane greater region, QLD
Launceston, TAS
Devonport greater region, TAS
Canberra greater region, ACT
Source: realestate.com.au, from April to August
MELBOURNE EXODUS:
Biggest drop in views per listing since COVID-19 hit
Buy
Monash: -25.6%
Whitehorse (west): -22.4%
Sunbury: -20.2%
Whitehorse (east): -18.1%
Darebin (north): -15.1%
Essendon: -14.4%
Moreland (north): -13.4%
Yarra: -12.8%
Cardinia: -11.8%
Stonnington (east): -11.5%
Rent
Stonnington (west): -26.6%
Stonnington (east): -26.2%
Yarra: -24.1%
Glen Eira: -23.4%
Melbourne City: -21.3%
Essendon: -20.8%
Boroondara: -20.7%
Port Phillip: -18.4%
Brunswick-Coburg: -17.3%
Maribyrnong: -14%
Source: realestate.com.au, buy from March to August, rent from April to August
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This kitchen was sound, but sad, prior to the makeover
There is something quite satisfying about getting a job done by yourself, but a kitchen transformation doesn’t usually fall into that category. When one couple was weighing up options of how to bring their dark, timber-stained kitchen into the modern era, without splurging on costs, they decided the best way forward was to use colour.
Although the cupboard decor was no longer fashionable, the structure of the kitchen was solid and the appliances functioned perfectly well.
To rip up the kitchen and start from scratch would be a costly and unnecessary exercise.
With a small budget, and no prior experience in kitchen makeovers, Avery and Ben Michaels embarked upon the renovation of their dark 1980s wood kitchen using chalk paint and updating the kitchen cupboard and drawer handles.
“We didn’t need new appliances or fixtures or flooring, so I read every article out there about painting kitchen cupboards and decided it was time to go for it,” says Avery.
The kitchen is almost unrecognisable after the paint job.
To cover the dark timber stain, Avery used Annie Sloan chalk paint in Pure (a clean white) to do two coats on the upper cabinets, and Duck Egg Blue to do two coats on the lower cupboards.
Having come up trumps, her advice for would-be renovators is to take detailed stock of the cabinets before you start. Don’t rush in. Rather, prep the space properly.
Annie Sloan chalk paint and a change of handles worked wonders.
“Degrease your cabinets thoroughly with soap,” says Avery. “If you leave just a tiny spot it will show through the paint. “Approach your kitchen remodel with realistic expectations. When you get really, really close and examine the cabinets, they do have some imperfections, but whoever gets that close?”
The soft tones of the kitchen work in well with the couple’s vintage furniture.
Avery says they love their kitchen now, which gives their home that feel-good factor.
“We do love it. It’s bright and colourful and full of light. There’s only one window, which doesn’t provide much natural light. The dark cupboards sucked any brightness out of the room, and the white floors gave off a hospital vibe,” she says.
Painting the upper cupboards white helped them blend into the background and gave the cupboards below an unfitted feel.
“The walls were terracotta, so the newer white paint still had some orange undertones.
“If you’re considering doing it, but you’re afraid of the results, just do it. It’s the most affordable way to dramatically change the look and feel of your kitchen.”
Pictures: Avery Michaels
More: anniesloan.com/australia
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135 Nancol Dr, Tallebudgera Valley.
LOCAL beachfront property owners are hunting for weekend holiday homes in the Gold Coast Hinterland where acreage inquiries have surged amid the COVID crisis.
A Tallebudgera Valley estate with panoramic views from Surfers Paradise to Kingscliff has piqued the interest of prospective buyers at Mermaid Beach, Palm Beach and Burleigh Heads.
The coastal view from 135 Nancol Dr, Tallebudgera Valley.
Listed for $1.395 million, the original three-bedroom brick house on 21ha (52 acres) at 135 Nancol Drive is touted as having the best views in Tallebudgera Valley.
Marketing agent Ed Cherry, of Sophie Carter Exclusive Properties-Coolangatta, said the award-winning Gwinganna Lifestyle Retreat was the only comparable view in the area.
“The view is unparalleled on today’s market,” he said.
“You’re also unlikely to find 52 acres within 13 kilometres of Burleigh beach.”
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135 Nancol Dr, Tallebudgera Valley is just over 13km from Burleigh beach.
Mr Cherry said inquiries were being led by locals already living on some of the city’s best beachfront streets, spurred on by interstate competition.
“Locals buyers who’ve got the sand between their toes through the week are looking for a leafy weekender,” he said.
“With so much interstate interest, everyone is becoming more knowledgeable about the value of what we have here in these valleys so close to the coastline.”
Local buyers have taken full advantage of border closures in recent months, swooping on luxury acreage real estate.
In a record sale for Tallebudgera Park Estate last month, a buyer from Miami paid $2.4 million for a five-bedroom house on 8656sqm at 1 Dungogie Drive.
Also in August, a local family looking for a tree change paid $4.6 million for a designer new build at 3 Lagoon Way, Mudgeeraba.
In the hinterland hamlet of Guanaba, one look was all it took for a local family to sign a $3.85 million contract on a luxury estate on 4.32ha, which was listed for $3.5 million.
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