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Simon Diaz grew up in Glen Waverley and still lives nearby.

Simon Diaz is a smoothfm 91.5 afternoon announcer.

Where do you live?

In the southeastern suburbs with my wife and two boys in a 1980s, mission-brown brick, three-bedroom home we bought in 1997, just before Melbourne’s property prices went crazy. It even came with an ’80s kidney-shaped pool.

What do you love most about your home?

The outdoor room, which overlooks the pool. I also love that our home is close to friends we made through mothers’ group, the local footy club is only 500m away, the local Westfield is a five-minute drive, and a ride up the Dandenongs is not too far. Getting to the smoothfm studios, in Richmond, on the “Monash carpark”, though, is very trying.

Have you changed anything?

We altered a few internal walls to create a separate living area so the boys could have their own living area and we didn’t have to hear the PlayStation. And we converted the outdoor deck into an outdoor room we could use all year round.

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One more thing you’d change?

We often say we should’ve knocked down the house and rebuilt, but there was no way we could’ve afforded it back then.

How many homes have you ever lived in?

I grew up in Glen Waverley, in a home my dad designed in the ’70s and ’80s. It’s still one of a kind. I’ve also lived in numerous flats in country towns throughout my radio journey.

The most memorable?

A coastal block down the Bass Coast I bought for nine grand. I told all my mates about it and they bought blocks as well. We had the best summers down there, camping. Eventually, we built on the block and sold it.

Your first foot on the property ladder?

Where I’m living. We’ve also had a few investment properties we’ve renovated and sold.

Are you a keen or reluctant property buyer?

I’ve always been a keen property watcher and buyer. We’re the sort of couple that can be driving through a suburb, see a sale sign and look up the property to see what it’s selling for.

Highlights of your property journey?

Seeing how new carpet, a coat of paint and a little kitchen and bathroom makeover can make such a difference.

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The lowlights?

There’s always a risk with an investment property. A tenant can damage your property and can skip rent, which has happened to us.

Tips for homebuyers?

Buy within your means. Make sure you can service the loan. If it means moving a bit further out, like we did, so be it.

Future property plans?

We’re looking at a knockdown rebuild in Mornington and plan to eventually sell our family home, once the kids have finished school, and move down there. I’m sure the boys will follow.

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Peek-a-boo – 801/20 Alfred St, Milsons Point.

You would be hard pressed to get a home closer to one of Australia’s best-known icons.

And that’s just the beginning of this stellar penthouse that sprawls over two levels of what could best be described as pure opulence.

The four-bedroom apartment at 801/20 Alfred St, Milsons Point, is located in the landmark, boutique complex aptly called The Point.

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Michael Coombs, of LJ Hooker Avnu, is well-versed in selling some of the lower north shore’s most prestigious homes, and says it is a standout.

“This is the best apartment I’ve had the opportunity to sell on the north shore – it’s an absolute stunner on every level,” he said.

It’s a big call, but you only have to set foot inside to see what he is talking about.

A void across both levels of the apartment connects the floors, and with no neighbours, privacy is a big feature.

What a view!

The main bedroom.

Floor to ceiling glass doors imported from Germany slide away to reveal multiple terraces perfect for relaxing or entertaining. One can only imagine the spectacle that unfolds on New Year’s Eve.

Mr Coombs said the owners had undertaken a massive renovation of the apartment, creating a home of elegance and flawless contemporary design.

“It’s a new build – they even raised the roof internally,” Mr Coombs said. “It’s the closest apartment building to the Harbour Bridge. It’s postcard angle so you get to see the bridge and the city and everything in between.”

Luxury living.

Formal dining.

It comes as no surprise that everyone wants to have a look at this apartment – even if they don’t have the bank balance to afford it.

Since the property was listed, it has been viewed on the realestate.com.au site more than 5000 times.

Nothing has been forgotten in the rebuild, from the induction kitchen with hidden pantry to the granite island bench and marble ensuite.

There are multiple terraces.

The kitchen.

There is a six-car garage, remote priority lift access, video intercom, and security alarm of course.

“It’s truly an aspirational property,” Mr Coombs said.

The property is for sale by private treaty with a guide of $15 million to $16.5 million. It is open for inspection by private appointment. For more details contact Mr Coombs, or co-agent Adam Ross, of Knight Frank Australia.

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20 Olinda-Monbulk Road, Olinda requires no artwork on the walls as its natural surroundings are picture perfect.

There’s no need to go buy the fancy fern wallpaper that seems to be all the rage right now for this Olinda treehouse. 

The picturesque property with huge glass windows is surrounded by forest, a tiered fern garden and native birdlife – letting nature do all the work for you.

The three-bedroom pad at 20 Olinda-Monbulk Road is on the market with a $1.2m price tag.

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The kitchen backdrop looks fake it’s so lush.

Give me a home among the treetops.

The lucky buyers will feel at one with nature: the home has you feeling like you’re living in a secluded haven, yet it’s just 50m from the local village, which features boutique stores, antique shops, cafes and restaurants.

Bell agent Elliot Bell said the house had functioned as the owners’ weekender, and had been completely rebuilt.

“It’s a fit out you’d find in Brighton or the Bayside suburbs,” he said.

The owners have $1.2m price hopes.

The home has most recently been used as a weekender.

The property was designed around an open-plan communal hub, which features the kitchen, living and dining zone and connects to the large entertainment deck.

The bedrooms and bathrooms flank this hub.

Soaring ceilings, a gas fireplace, and the picture windows that frame lush green vistas are standout features of the home.

A private garden studio, which could be “the perfect spot to finish that novel”, is another highlight.

Be at one with nature.

A quaint studio in the gardens rounds out the package.

“It’s disappointing we can’t show people through at the moment but once we are able to do so, it will get snatched up really quickly,” Mr Bell said.

“It’s biggest appeal is it is this amazing secluded property, but still only a 1-2 minute walk from the village.”

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No. 16 Landsborough St in Griffith is up for sale.

Sleek and sophisticated, this luxurious Griffith residence is fit for the most extravagant of house-warming parties with a host of premium perks, including a kitchen that will “blow your mind”.

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Set behind automatic gates on a private 1002sqm landholding, the four-bedroom property at 16 Landsborough Street features plenty of luxurious extras including a luxury master ensuite adorned with Arabescato marble, a swimming pool with spa jets and hydronic underfloor heating.

The incredible facade.

The kitchen has everything you need for entertaining with two integrated double fridge/freezers, an integrated dishwasher, two cooktops, three ovens including plate warmers, a steam oven and microwave, as well as two climate-controlled wine fridges with capacity for 356 bottles.

Selling agent Mario Sanfrancesco, from Blackshaw – Manuka, said the abode, designed by Terry Ring from Architects Ring and Associates, is “absolutely spectacular”.

“The kitchen will blow your mind. Without doubt, it’s one of the most outstanding kitchens I’ve seen – from the overall quality and style, to the appliances, wine fridge. Let’s just say that the house-warming party would be amazing!”

Modern kitchen.

The perfect flow between inside and out.

Constructed by Homes by Howe as the personal home for builder-director Brendan Howe and his family, the Griffith property has etched its position alongside some of Canberra’s finest homes.

“It offers an amazing resort-style lifestyle with a really functional and flexible floorplan,” Mr Sanfrancesco said.

“There’s a separate studio or fifth bedroom-gym-office at the rear of the property, which I think is a really unique offering. The options really are endless, it can be tailored to your needs,”

Spotted gum timbers have been used throughout the home, from the solid front door, to the open staircase, refined timber in the kitchen and the garage door.

The alfresco entertaining area includes a barbecue and a full outdoor kitchen with a sink and fridge.

Chic industrial style throughout.

The separate self-contained studio, which is currently used as a gym includes a kitchen, bathroom and walk-in robe and offers flexibility as a home office or another outhouse.

In addition, there are also solar panels, a zoned security system and extensive garaging with internal access, anti-slip flooring and a workbench.

The property is due to go to auction on 26 September at 10am.

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Aerial pictures of Flooding of flooding in Townsville. Credit Barry Gibson

Some of Townsville’s flood-affected suburbs have seen a resurgence in buyer demand, with interest up 96.7 per cent in one of the most impacted suburbs.

Exclusive data from realestate.com.au shows that Hermit Park, which is known for its good school catchments and charming Queenslander homes, has seen the biggest year-on-year growth in demand, with its median sales price reflecting the renewed interest from buyers.

Thirty-four houses and 25 units have changed hands in the tightly-held suburb over the past 12 months, with the median sales price for houses up 22.8 per cent in three months to $316,500.

Over 12 months, the median house sales price has increased 4.2 per cent, according to the REA Market Trends report for August.

But the data shows median house prices in Hermit Park still have some ground to make up on its 10-year median sales price of $389,000.

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Aerial damage of Rooneys Bridge, Railway Estate from a helicopter. Picture: Zak Simmonds

Ray White’s Julie Mahoney is marketing a Queenslander packed with period features at 47 Ackers Street in Hermit Park.

47 Ackers St, Hermit Park

She said many of the flood-affected suburbs were “off-the-market” for a few months after the unprecedented 2019 inundation, which was caused by a tropical low that parked itself over the region, causing heavy rain, flash flooding and forced the complete opening of the Ross Dam spillway.

But buyers were now being drawn back to these suburbs.

“People love the area (Hermit Park). It has got some great school zones and the houses are divine and full of character,” Ms Mahoney said.

“Just recently (September 1) we sold one on Carmody Street at auction with eight registered bidders.”

Ms Mahoney said Idalia, another suburb affected by the extreme weather event, was also seeing a comeback.

The realestate.com.au data shows year-on-year buyer demand in Idalia is up 81.5 per cent.

Median house prices slumped 9.9 per cent over the 12 months to August, but the suburb recorded a 3.3 per cent increase in prices in the past three months to $410,000.

Five years ago, the median house sales price in Idalia was $530,000.

***

TOWNSVILLE REGION

Suburb/Demand Year-on-Year

Hermit Park 96.4%

Rasmussen 85.6%

Heatley 84.4%

Condon 82.2%

Idalia 81.5%

Aitkenvale 62.9%

Kelso 60.3%

Mount Louisa 58.0%

Bohle Plains 53.1%

Ayr 51.9%

Home Hill 48.0%

Annandale 46.7%

Mundingburra 45.6%

Railway Estate 42.0%

Gulliver 40.7%

Bushland Beach 39.0%

Douglas 37.2%

Burdell 27.4%

Ingham 24.5%

Kirwan 23.7%

(Source: realestate.com.au)

***

Keyes & Co principal Damien Keyes, who has a number of listed properties in Idalia, said the appetite for quality houses in Idalia “has been fantastic”.

“I have achieved roughly pre-flood valuations in a number of price points in Idalia,” he said.

“Buyers are asking lots of questions (about the impact of the floods) but they are also seeing the chance to buy a well-finished property in a nice suburb close to the city, one they may not have been able to afford to buy into a few years ago.”

Aerial damage of Idalia from a helicopter during the 2019 floods. Picture: Zak Simmonds

Mr Keyes said he recently sold a lakefront house in Idalia for $760,000 – the highest price achieved so far in Idalia post-flood, he said.

“It was snapped up by a family who experienced the floods in an older suburb,” he said.

“Buyers are coming in eyes wide open, and asking questions around whether properties were flood-affected before the dam was released.

“The general attitude seems to be that the weather event was a freakish one compounded by the management of the dam and that is something buyers are prepared to wear, that they believe that won’t be stuffed up again.”

Keyes and Co Property Director Damien Keyes.

Railway Estate has seen a 42 per cent increase in demand, according to the realestate.com.au data.

Thirty houses have sold in the past 12 months, with the inner-city suburb recording a 12-month median sales price increase of 3.9 per cent to $296,250.

REA chief economist Nerida Conisbee said the recovery in affected suburbs was not dissimilar to other areas affected by natural disasters.

She said the mining recovery in the region was also bolstering the market.

“We see it after fires, floods, buyers come back because these events often happen in desirable areas,” she said.

“We see a short-term dip (in values) but they almost always come back up.

“We saw it after the Brisbane floods (2011), with all those affected areas now recording values well above what they did pre-flood.

“You look at places like Florida (USA) which experiences hurricanes but people keep building there.

“Buyers make adjustments for risk and desirability.”

REA chief economist Nerida Conisbee

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Larry Emdur with his Morning Show co-host, Kylie Gillies.

The Morning Show’s Larry Emdur has quietly listed his Bondi investment properties on the back of his agent son’s recent sales success in the neighbourhood.

Son Jye Emdur, who works for The Agency alongside Brad Gillespie, set a building record for an Art Deco two-bedder at 6/28 Ramsgate Avenue, North Bondi recently.

“We were guiding $1.1m, but we had 60 groups through and sold it in seven days prior to auction for $1.36m,” he told the Wentworth Courier.

Snapped up by a young local man from Waverley using a buyer’s agent, he had first home buyers and a handful of investors keen.

“It felt positive and strong from the get-go,” he said.

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Jye Emdur sold 6/28 Ramsgate Avenue, North Bondi for $1.36m, a record for the block.

The two-bedroom apartment attracted 60 groups through and sold in a week.

Jye Emdur at an auction in Chippendale in July. Picture: Darren Leigh-Roberts

Despite the market for apartments in the inner-city being less strong, the experience in Bondi enthused dad Larry.

“He’s had Bondi investments for 30 years and he’s looking to do other investments down the track rather than one-bedroom or two-bedroom units,” Emdur said.

“So we’ve got them on the database and we’ve got some who missed out on Ramsgate Avenue looking, and a few others have been through.”

Ultimately, he expects his dad will put the apartments — a one-bedder at 3/78 Brighton Boulevard purchased for $318,000 in 2001 that collects $600 a week in rent and a two-bedder at 5/16 Glen Street, Bondi bought for $400,000 that same year that had been renting for 850 a week — on the general market.

The facade of 3/78 Brighton Boulevard, North Bondi.

The Brighton Boulevard apartment features a renovated kitchen and bathroom.

There are now hopes of circa $1m for each of the apartments.

Jye says Larry and wife Sylvie have no plans to move on from their $3m apartment in the Rocks in the CBD, purchased in 2017 after accountant Anthony Bell paid a suburb-record setting $11.5m for their clifftop mansion in Dover Heights.

They live both there and the Berowra Waters holiday home with river views purchased for $1.1m in February.

Jye, 26, spent the first few years of his life living with his parents at an apartment on Ramsgate Avenue, North Bondi.

The terrace of the two-bedroom apartment at 5/16 Glen Street, Bondi.

The Glen Street apartment has two bedrooms.

The family retains that apartment, bought for $375,000 in 1992.

Larry Emdur, who grew up by the beach at Bondi, has been an enthusiastic surfer all his life.

Says Jye: “Dad used to surf a lot … that’s how he fell into his job, being a copy boy over night and he’d surf all day.”

Jye, an agent for two years with The Agency, shares an enthusiasm for Bondi.

“Three generations of Emdurs have lived in Bondi and Bondi holds a very special and close place in my heart,” he said.

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Based on Brisbane’s median house price of $550,000, owner occupiers with a $440,000 loan could make big savings of $4,494 a year switching to a better loan.

Homeowners could save close to $4500 a year off their mortgages by shopping for a better loan deal now, new analysis found.

Comparison site Finder insights manager Graham Cooke urged more Aussies to look into how to boost savings across multiple cost centres.

“At a time when many households are feeling the financial pinch of COVID-19, we urge Aussies to see how their current loan stacks up,” he said.

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“If you’re paying a higher interest rate or steeper fees, it could be time to switch and save.”

He said there had never been a more important time to get a savings boost than now.

“For an owner-occupier loan (variable), Aussies could save $4,494 per year or $134,835 over 30 years by switching to the best product on the market.”

The comments came after the comparison firm’s 2020 awards named Freedom Lend its home loan category winner. Freedom Lend took out three categories in the Finder Awards including best owner occupier home loan – variable, best refinance home loan, and best investor home loan.

Finder’s award for best owner occupier home loan – three year fixed was a product by Well Home Loans, while best investor home loan principal and interest three year fixed was awarded to Tic: Toc and best low deposit home loan (owner-occupier variable) was by P & N Bank & Home Loan.

According to Finder calculations, based on a loan size of $440,000, assuming 80 per cent LVR (based on Brisbane’s median house price of $550,000), the annual saving to be had switching to the best owner occupier variable home loan was $4,494 or $134,835 over 30 years.

Finder said it arrived at the figures by reviewing the winner’s interest rate in the final quarter of the Finder Awards assessment period (12 months to May 2020) versus the current standard rates quoted by the big four banks.

The winning three year fixed best owner occupier home loan saw calculated savings of $506 annually or $15,188 over three decades using that Brisbane data.

The best variable investor (P & I) home loan savings were estimated at $4,124pa or $123,705/30years while that of the three year fixed for the investor category was $431pa or $12,942/30years.

Mr Cooke said homeowners could also use apps to identify mortgage savings opportunities.

“Once you connect your accounts to the (Finder) app, it analyses your spending behaviour, hunts down savings and sends you alerts when it could make financial sense for you to refinance.”

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The Marshal Place precinct was supposed to be home to Williams Landing’s final lots and townhouses, but high demand could lead to more.

The developer of a suburb-sized area in Melbourne’s west is looking for ways to add more townhouses and land lots after strong sales for what was supposed to be its final release.

After 12 years, Williams Landing was expected to have its last 44 land lots and 36 townhouses sold as part of its Marshal Place precinct.

But developer Cedar Woods is now considering other ways it could add to the estate that has replaced RAAF Base Laverton.

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State manager Lloyd Williams said increased government incentives had turned first-home buyers into a “strong buying force” with a big appetite.

“The lots started out very standard and we have increased the diversity and density as a conscious decision,” Mr Collins said.

“What we thought was the masterplan 10 years ago has to change with the times. And there’s a continuing appetite for that more affordable product where you do have a smaller garden.”

The townhouses are designed with multiple living spaces in mind.

The Marshal Place precinct is set in the development’s 50ha town centre and will feature three- and four-bedroom townhouses as well as blocks of land ranging from 182sq m and 294sq m. Almost half have sold.

Engineered stone benchtops and mirrored splashbacks will feature in the kitchens, bathrooms will include semi-frameless glass and engineered stone benchtops.

All of the homes are priced well below the suburb’s $680,000 median house price, and affordability is a key part of the development’s future plans.

Engineered stone benchtops and mirrored splashbacks will feature in the kitchens.

“We always wanted Williams Landing to be an inclusive community, somewhere for young families to lay their roots, so diversity of product has been key to our masterplanning to ensure supply meets demand,” Mr Williams said.

Additional apartment and office space projects will be developed in the suburb over the next 10-15 years.

Mr Collins said more than 2000 people were employed across a few hundred businesses in Williams Landing, and 8381 now called it home.

Three-bedroom townhouses are priced from $567,500-$625,000 and four-bedroom homes from $572,500-$630,000. Land starts at $370,000.

Designs cater to a variety of layouts.

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Kilgariff Lots

A DECISION on plans for the second stage of a housing development on the outskirts of Alice Springs will be made next week.

The NT Development Consent Authority (DCA) heard on Wednesday that the proposed stage two of the Kilgariff Estate, which will create 87 residential lots, was a “great development that’s good for Alice Springs”.

The block of “affordable” houses could be added to the Alice Springs market if the development application (DA) for the subdivision is approved by the NT Government’s Development Committee Authority next week.

The development, flagged for 155 Colonel Rose Drive in Kilgariff for Stage 2 will also include an additional four blocks for drainage and one for a park, and aims to provide a “safe and connected community”.

Proposed Kilgariff Estate

It is expected to create an estimated 200 local jobs and will provide a further 87 residential lots for sale directly south of the existing release, Stage 1 (which has sold out).

Development Consent Authority (DCA) member Chris Neck said it was “a great development that’s good for our town”.

But, Mr Neck said he thought “consideration needs to be given to a staged commercial development”.

Masterplan NT applicant Joe Sheridan agreed with Mr Neck and said he thought the concept of a nearby “commercial development would make it more attractive (to buyers)”, but any commercial development is gazetted under the NT Government within their Kilgariff Area Plan, under the Northern Territory Planning Scheme.

The Kilgariff West Concept Plan provides the proposed layout for upcoming stages to be built in Kilgariff and flags commercial and community purpose uses, including a school site.

Kilgariff West will be developed in several stages to meet ongoing demand for residential land in Alice Springs.

Proposed Kilgariff Estate

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The authority body heard the applicants had “reoptimized the original concept” of Stage 2 and made some of the lot sizes smaller after an investigation.

DCA chair Suzanne Phillip said during the meeting, “the lot sizes was always going to be difficult with the zoning” but “there should be no difficulty in accepting the smaller lots … (as it) fits in with the overall Kilgarrif Area Plan”.

DCA member Jamie de Brenni asked the applicants during the meeting, “With 70 per cent chance of us getting record rain how certain are you the draining won’t wash away the road?”.

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A project engineer for Stage 2 said “reports have been undertaken through the department looking at Kilgarrif and the impacts on Colonel Rose Drive were found to be negligible”.

“Why there is no impact is the peak flows from out of Kilgarrif will provide far before when it overflows from the Todd (River) into St Mary’s Creek.”

Lot pricing will be released in late 2020 following the planning and design approval process.

The application for stage two will be decided by the Development Committee Authority next week.

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The Blade House in Ocean Grove makes a striking statement.

A near-new architectural delight is making waves in Ocean Grove.

The Blade House has been put on the market with a $1.675-$1.84m price guide, after being constructed in the past year.

With a striking timber facade crowned by the sharpest of roof lines, 23 Finch Close makes a statement from first glance.

Fletchers Queenscliff agent Charles Caldwell said the four-bedroom house was created by Holman Designs and Vand Builders, who were well known to locals in the area.

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Inside 23 Finch Close.

An open-plan living room flows from the kitchen.

But despite their prestigious regional reputation, significant demand was coming from out-of-town buyers for the coastal retreat.

“It’s only been up a couple of days and we’ve already had more than 30 inquiries,” Mr Caldwell said.

“It’s actually had a lot of interest out of the Melbourne market and quite a few of them are finding it frustrating that they can’t see it in the flesh yet.”

There are multiple living areas.

An internal courtyard at the heart of the home.

A north-facing backyard includes a deck.

He said Melburnians were a “new buyer demographic” to the Surf Coast, who had started inquiring about family homes in the area after working remotely due to coronavirus restrictions.

He said rammed-earth walls, a raked ceiling and polished concrete floors combined to create the modern day dream home.

A variety of irregular, angular and eye-catching shapes are part of the functional family design.

A feature fireplace adds character to the main living domain.

There are four bedrooms.

A luxe bathtub is part of the package.

A modern kitchen with marble benchtops, beer and wine fridge and a Nexus cooker is seamlessly connected to a central internal courtyard via stacker doors.

A north-facing timber deck and fire pit are part of wraparound gardens, which provide an abundance of space for outdoor entertainment.

Other features include a Cheminees Phillipe designer firebox, bespoke cabinetry, theatre room and two luxe bathrooms.

The property is for private sale, with virtual inspections available to those unable to travel to the region.

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