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This floating house at 6-7 Sand Close Indented Head was inspired by Modernist architecture.

The coronavirus lockdown has sparked unprecedented interested in a private bayside hideaway for sale in Indented Head.

There’s been a flood of inquiry from Melbourne buyers keen to swap city life for the 6300sq m oasis with a Modernist-inspired home just 200m from the beach.

With a swimming pool, entertainment pavilion, self-contained cottage and separate home office, 6-7 Sand Close, Indented Head is ideal for isolation.

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Spend lazy summer days by the pool.

There’s a great outdoor connection in the living room.

RT Edgar, Point Lonsdale Felix Hakins said he had already received one offer within the first week of the campaign.

Expressions of interest in the four-bedroom house close on September 7, with price expectations of $1.85m-$2.035m.

Mr Hakins said the level of buyer inquiry was “remarkable” and he was fielding phone calls and emails every hour.

The swimming pool and decking separates the main house from the self-contained cottage. home office and garage.

The main bedroom has a lovely garden view.

He said he was working to set up some form of a virtual open home so Melbourne buyers could inspect the house from a distance.

“The response to the market has been amazing with everyone trying to get out of Melbourne,” he said.

“It is like the perfect time to be marketing it.

“We’ve also had interest locally.”

Plywood, solid timber and a Corian benchtop feature in the kitchen.

Multiple decks provide options for relaxing.

The self-contained studio could be used for a short stay or guest accommodation.

The secluded house is surrounded by native landscaped gardens and a thriving vegetable patch that paves the way for a self-sufficient lifestyle.

Passive design, solar panels and water tanks are incorporated into the eco-friendly package that includes hardwood floors, plywood details and a Cheminees Philippe wood fire.

Walk to the bay.

Green thumbs will be in their element.

The pool, pond and decking links two pavilions, one of which is home to the main living zone, three bedrooms and two bathrooms.

Mr Hakins said the self-contained one-bedroom cottage provided great flexibility to accommodate extra family members, while the separate home office had never been more appealing.

The post Coronavirus real estate: Bayside haven sparks huge interest appeared first on realestate.com.au.

The Hyams Beach property is described as “arguably the trophy beachfront property in the village with an extra wide frontage, elevated position and of course private beach access”.

Yachties Jim Cooney and Samantha Grant — who took line honours in the Sydney to Hobart last year in Comanche — have bought a $4m beachfront holiday home at Hyams Beach.

The couple, who reside in the seven-bedroom Kurraba Point mansion ‘Shellcove’ purchased for $13.5m in 2004 on Sydney’s lower north shore, are already renovating the three-bedroom Cyrus St property that they’ve snapped up off-market from Vaucluse eye surgeon Ilan Sebban and wife, Shira, a writer.

The July 1 sale is still short of the Hyams Beach record price of $4.8m, when the Canberra-born but now Jersey-based businessman and philanthropist Graham Tuckwell — with an estimated net worth $683m — and his wife, Louise, purchased a beachfront on a 1,378 sqm block a few doors along in May, 2018. Though that had two homes on the block.

Amid the COVID-19 travelling restriction period, buyer’s agent Simon Cohen was known to have been scouting for a beachfront property for a mystery client in the tightly held town of just 143 homes, famous for its well-publicised “whitest sand in the world”.

The local real estate agent, Craig McIntosh, principal of the Holidays Collection, was tight-lipped, but sources said that he had helped identify a willing seller.

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Jim Cooney and Samantha Grant with their son, James, after Comanche won line honours in the 2019 Sydney to Hobart Yacht Race. Picture: Richard Jupe.

The Hyams Beach property has panoramic views.

The outlook extends all the way up the “whitest sands in the world” to the navy base.

But it was only when CoreLogic reported a July 1 sale of the Sebban home to a company linked to Cooney and Grant that the cat was out of the bag.

On a wide 1433sq m block, the home has panoramic ocean views taking in Point Perpindicular lighthouse and the famous stretch of sand all the way to the HMAS Creswell navy base.

When the property last traded in 2013 for $2.6m, it was described as “arguably the trophy beachfront property in the village with an extra-wide frontage, elevated position and of course private beach access”.

Steps lead down to the beach from the home.

Renovations are already underway.

The view from the beach.

There are two bathrooms, two rumpus areas, a large open-plan kitchen, dining, lounge and a single garage.

All the living areas and a wide deck around the front of the house capture the amazing views of Jervis Bay.

Entry to the property is secluded and well treed along the rear boundary.

Despite residing over the Bridge, Cooney and Grant have close ties to Sydney’s east.

The couple reside at Shellcove, in Shellcove Road, Kurraba Point, purchased for $13.5m in 2004.

The view from the terrace of Julia Cooney’s Darling Point apartment purchased for $8.67m in 2018.

Comanche in full flight. Picture: Rolex/Carlo Borlenghi

In June 2018, the Wentworth Courier reported that Cooney had bought a luxurious $8.67m six-bedroom duplex on the waterfront at Darling Point for his university student daughter, Julia, then aged 20.

And last year he bought a block of land on the Point Piper waterfront for $22.5m before later selling it for a similar figure.

Cooney had sold his wireless telecommunications business TCI to Service Stream for $45 million in 2006.

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With 11 per cent of mortgages in loan deferrals, concern is rising about how struggling homeowners will cope.

The coronavirus pandemic has had a dramatic effect on homeowners, with more Aussies now acutely aware of financial fallout – but there’s a ticking time bomb in the wings for some.

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The latest Financial Consciousness Index by Comparethemarket.com.au and Deloitte Access Economics found a silver lining off COVID-19, saying more people had become financially aware as they worked to reduce the impact of the pandemic’s economic downturn.

It found 8.9 million Aussies save 10 per cent or more of their income each pay cycle, up by 1.6 million people compared to last year, with the proportion highest in ACT (52 per cent), with Queenslanders least able to do so ( (41 per cent).

Changing mortgage repayment options to interest only is one of the strategies some homeowners have employed to rebuild savings for a period during COVID-19.

But Comparethemarket general manager digital banking, David Ruddiman, said while the health crisis had forced many people to be more conservative in their spending because of job security fears and reduced incomes, the lagging effect on the economy was the unknown right now.

“Unfortunately we do have a situation where 11 per cent of mortgages are in loan deferrals,” he said, with the top 20 authorised lending institutions seeing 11 per cent of their $195 billion in mortgage related debt in deferrals by mid-year.

“Initially when relief was granted to banks to put people on repayment pauses in late March, they gave them until September and then they have to commence paying. But deferment means that interest keeps accruing, and many australians whose loans are in deferment will find their loans will be bigger than when they went into repayment pause.”

Mr Ruddiman said some options for people looking to adjust finances included changing mortgage repayment options to interest only to rebuild savings for a period, downsize to reduce the size of home loans and set a budget by looking at household expenditure and ways to save money.

”If we want to see our economy bounce and we don’t want house prices to plummet, we need to be more aware of financial circumstances. Little things can have a big impact on people that are really struggling. My message on big ticket items like homes is if your home loan doesn’t start with a 2 you’re failing in terms of taking action. You’ve got to get out there and take action.”

Queenslanders were bang on the national average for overall financial consciousness, scoring 51/100 for the FCI test, up from 48 last year.

Queenslanders scored 51/100 which was also the national average financial consciousness score.

There was some good news at the lower end of the spectrum too, with a 10 percentage point reduction in the number of Queenslanders who were failing the test, sitting at 33 per cent this year compared to a massive 43 per cent last year.

New South Wales, Victoria, and South Australia also aligned with the national average, according to the third annual study which looks at financial sophistication, willingness, capability and wellness.

“Research around this report indicates people are certainly thinking about finances more and it’s also fair to say because we’ve had these lockdowns, the vast majority of us who are full-time employed have been able to save more.

He warned that Australia was yet to feel the true impact of the pandemic on the economy, given government assistance was helping cushion the blows right now.

“It’s not the great equaliser that everyone thought it was going to be. It certainly has caused a divergence of people, with some affected more than others, for example, white collar workers coming out better compared to blue collar workers.”

The impact on industries like hospitality and tourism had also increased the gender gap, with females affected more.

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46 Maning Avenue, Sandy Bay. Picture: SUPPLIED

ASTONISHING, awe-inspiring, remarkable … there are a bunch of words that spring to mind when visiting this large family property in one of Tassie’s finest suburbs.

No.46 Maning Avenue, Sandy Bay is perched at the top of its street on a block of land that near boggles the mind.

Charlotte Peterswald for Property director Kim Morgan says it is one of the last properties in the avenue and it stretches out across 2700sq m of land.

“That alone in Sandy Bay is exceptional,” he said.

“It is a beautiful, private and secluded property where the home is surrounded by a wonderful, private and well-established garden with a little rivulet running through it — not something you see a lot of in this suburb.

“You can cross a bridge to a garden gazebo, which gives you a different perspective on the house.

“It is quite a lovely, secret garden type of location.”

Make a splash.

Selling point.

Private oasis.

Kim expects the size of the property will be among the things that jump out at potential buyers.

He said in some ways it was an unconventional property in that it is so spacious with five bedrooms and five living spaces, too.

“There is a home theatre room that the current owner uses for entertaining with a projector on the wall and the addition of a grand piano and an organ,” he said.

“There is a formal lounge and formal dining area alongside less formal spaces like the mezzanine sitting room with an open fireplace.

“It is a huge home that would be a delight for entertainers.”

Upon arrival at the property, landscaped greenery lines a gently winding driveway, leading to the elevated front entrance of the impressive home.

From the wide, central staircase, room after room expands across either side of the home, ascending to the master suite at the very top.

Light and airy.

Cook up a storm.

Time to relax.

The north-facing kitchen is highlighted by granite benchtops and crisp, white tiles and cabinetry.

The culinary space extends outside to the split-level, sun-drenched timber deck overlooking the pool and an outdoor kitchen and barbecue encased in stainless steel.

Privacy is paramount around the pristine pool, which is sheltered by low trees while capturing the maximum warmth from the sun. Adjacent, a hot tub and sauna add to the elements of complete relaxation and contemporary luxury.

Adding to the decked area, indoor and outdoor dining options are seemingly endless.

The lavish formal setting opens to a side patio with its own open fire, a casual sitting area below the kitchen, and a large sheltered balcony overlooking the glorious gardens.

At the apex of the home, three generous bedrooms provide quality and comfortable accommodation.

Entertainer’s paradise.

Parklike grounds.

Soak in the tub.

The master, with private access to the back yard and pool area, comes complete with a walk-in dressing room and a luxurious ensuite with an oval spa bath, shower and toilet.

A fourth bedroom, within a self-contained lower level, also features an ensuite and a private entrance.

Returning upstairs, a home office, study or additional bedroom has garden views.

The home is serviced by three bathrooms and there is a large laundry that has plenty of room for storage and appliances alongside direct outdoor access.

Warmth and comfort effortlessly flow throughout with ducted and underfloor heating.

An audio/visual panel allows for music and media to be controlled from the kitchen and to be enjoyed throughout the home through wall-mounted speakers.

Carefully designed and landscaped, pathways and stairs on either side of the home lead to the top garden.

A double garage provides secure housing for multiple vehicles, and additional parking is available in the driveway.

Priced at $1,850,000-plus, it is not too much of a stretch to imagine the property being sold for around the $2 million mark.

“I imagine it will be bought by a local purchaser,” Kim said.

“Although we have sold a number of properties to interstate purchasers in the past few months that have been essentially sight unseen.”

The post This Sandy Bay home is in a class of its own appeared first on realestate.com.au.

Findex Geelong is the new top floor tenant at 235 Ryrie St, Geelong.

A leading advisory firm has a new Geelong home after starting a 10-year lease in Ryrie Street.

Findex Geelong has occupied the top floor at 235 Ryrie Street, Geelong, after completing fit-out of the 1015sq m space, which is understood to be valued at mid $300 per square metre.

The 10-year lease, brokered by MP Burke Commercial, includes 15 on-site car spaces at the property.

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The tenancy features a new fit-out, open-plan collaborative and client engagement areas and meeting rooms, and has extensive views across Geelong’s CBD, Corio Bay and the You Yangs.

Findex is a leading integrated advisory firm with private, business and government clients across a 110 office network.

Executive managing partner Mark Whelan said: “Findex is proud to have partnered with Costa Asset Management and MP Burke Commercial to deliver a workplace experience for our people that we are proud of and that reaffirms our commitment to growth in the Geelong market.”

The building owner, Costa Asset Management acquired the property (which includes the neighbouring building anchored by Bendigo Bank) in mid-2018 for $9.5m, settling in June, 2019.

Mr Burke said the owners had looked to capitalise on Geelong’s strong growth by taking a proactive approach to attract new tenants, retain existing tenants and futureproof the asset.

Findex Geelong is the new top floor tenant at 235 Ryrie St, Geelong.

“This has been achieved through an extensive capital works program to enhance the building’s

presentation, improved services and an extensive upgrade of the building’s facade,” Mr Burke said.

The building opened in the 1980s for the then-Capital Building Society.

Victorian Regional Channels Authority had been the previous tenant, before relocating to the Federal Mills precinct in North Geelong.

MP Burke Commercial also negotiated a new six-year lease extension with ground floor tenant Clinical Laboratories.

A fully fitted 290sq m ground floor suite is the final area available for lease.

Mr Burke said the Geelong leasing market remains strong with several new office developments underway and strong support from local businesses, state and federal governments.

As the COVID-19 pandemic takes hold in central Melbourne, Geelong stands out as an opportunity for Victorian and national businesses, government and enterprise to diversify their operations, reduce their costs and secure quality staff by establishing their business in one of Australia’s fastest growing and exciting regions,” he said.

The post Findex: Accountants find new Geelong digs in 10-year Ryrie St commercial lease appeared first on realestate.com.au.

Nicole Kidman and Keith Urban spent at Milsons Point Source: https://www.instagram.com/nicolekidman/

Nicole Kidman has been getting plenty of attention up in Byron Bay at the moment, where she and her husband Keith Urban are based with their two daughters while the Hollywood superstar films her new $100 million series Nine Perfect Strangers.

The family is expected to live up north for several months while she films the series, which is based on north shore author Liane Moriarty’s best-selling book of the same name.

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The Kidman/Urban family are also fans of the north shore, and own two of the three penthouses in the up-market Latitude building at Milsons Point.

The third apartment is now up for sale, offering a lucky buyer not only the chance to have a couple of famous neighbours but a luxury skyhome of epic proportions.

Nigel Mukhi, of Di Jones Neutral Bay, said it was the perfect set-up.

“They’re (the Kidman/Urban family) not there most of the time so you’ve got virtually no neighbours,” he said.

“This is a proper skyhome that is perfect for downsizers and empty nesters looking for spectacular views and bright, open spaces.”

How’s that for a view? 2103/55 Lavender St, Milsons Point.

Sweet dreams.

The Mirvac-built Latitude building is renowned for its quality and attention to detail, and subsequently is tightly held.

The two-level penthouse at 2103/55 Lavender St, Milsons Point, is set over the 21st and 22nd levels and has some of the best views you could hope to find of the city and harbour.

With 461sqm on title, the apartment has walls of glass that open to multiple terraces on both levels that take in the best of the wonderful views.

Nicole Kidman gives a socially distanced elbow to Australian author and north shore resident Liane Moriarty as they prepare to start shooting Nine Perfect Strangers. Picture: Instagram (@nicolekidman)

There are multiple formal and casual living spaces, and the stone kitchen features Miele gas cooktop and integrated appliances.

Other features include three bedrooms, separate study, secure parking for two cars and two separate basement storage units.

There are multiple living spaces.

And massive terraces on both levels.

The complex has full lift access, gym, swimming pool and sauna, and is located within walking distance of Milsons Point Station, Kirribilli Village, parks, and the North Sydney CBD.

The property is for sale by private treaty, with a guide of $8 million to $8.8 million. For more information contact Nigel Mukhi or Hayden Morris, from Di Jones Neutral Bay.

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The post Milsons Point penthouse next door to Nicole Kidman and Keith Urban has $8m to $8.8m price guide appeared first on realestate.com.au.

A Melbourne buyer looking to escape the city amid the COVID crisis has splashed $12.5 million on a sprawling resort-style estate, setting a new main river record.

The contract on the luxury 3300 sqm holding at 249-255 Monaco Street went unconditional today in one of the biggest deals on the Gold Coast so far this year.

249-255 Monaco Street, Broadbeach Waters has sold for $12.5 million.

The sale tops the $12.45m paid for 15 Southern Cross Drive, Cronin Island in June for the luxury mansion which was once home to Billabong International CEO Matthew Perrin.

Marketed as a world-class property asset, the neo classic Monaco Street residence, known as Villa Cantarocco, drew worldwide interest during a 90-day campaign.

“We had 212 inquiries through our campaign, with interest from Europe and three significant buyers out of Melbourne,” said Savills Gold Coast Director Christopher Jones, who led the campaign with Aydan Mullin.

“There were two offers on the same day, one from Sydney and the other from Melbourne, which were fairly close.”

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A Melbourne couple plans to relocate to the Broabeach Waters estate.

The Melbourne buyers, introduced by Rebecca Moffrey of The Professionals Mermaid Beach, are relocating to the Gold Coast in what has become a fast-growing trend.

Mr Jones said another Melbourne couple had purchased 165 Monaco Street for $3.1 million and Sydney and Melbourne buyers were circling a four-bedroom house at 155 Monaco Street.

“There’s definitely a change in appetite, related to COVID-19, among people wanting to get out of those high population areas,” he said.

“The Gold Coast has always been the number one postcode for internal migration in Australia but this has just made it more attractive.”

Villa Cantarocco drew worldwide interest.

The five-bedroom Villa Cantarocco boasts 43 metres of prime river frontage as well as a 17m swimming pool, pontoon, jetty and a six-car garage.

The sale is the latest in a string of prestige property deals on the Gold Coast this year, led by the $25 million sale of Breakfree founder Tony Smith’s Mermaid Beach mansion in May.

The same month Simon and Tah-nee Beard – the couple behind Gold Coast streetwear giant Culture Kings – paid $11.75 million for a Bali-inspired mansion on Isle of Capri.

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No. 3 Butler Place in Campbell is up for sale.

The chance to buy a home in this quiet cul-de-sac only pops up once in a blue moon, but when a new family moves in, it’s usually for “the long haul”.

Butler Place in Campbell is at the city end of the blue-chip suburb, in walking distance to Lake Burley Griffin, the Canberra CBD and good schools.

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Samantha Granter, of Belle Property, Kingston, said the five-bedroom home at number 3 is a “perfect example of classic Campbell real estate”, built in 1966.

Modern updates have improved the property.

The kitchen.

“It’s in a cul-de-sac of only seven homes and all have [recently] transacted, bar one. It sounds like they’re all going to be in it for the long haul; a second generation settling in,” Ms Granter said.

“Butler Place is tightly held and has a community feel. This is a very attractive house from the street with a pretty unique brick facade.

“The size of the home and the rear gazebo pergola are also appealing aspects.”

Modern updates have improved the functionality of the charming mid-century interior, including a renovated kitchen with stone benchtops, stainless-steel appliances, a dishwasher and ample storage space.

Street appeal.

Of the five bedrooms, two have charming bay window seats and all have built-in robes.

The generous layout also includes separate lounge, dining and family rooms, an enclosed sunroom, two bathrooms and a front veranda.

A large backyard deck and pergola elevates the outdoor entertaining capability, with plenty of established gardens and lawns to enjoy on the 994sqm block.

The house goes to auction on August 22.

Other features include a double carport with internal access, ducted heating and cooling and a storage cellar.

No. 3 Butler Place will go to auction on Saturday 22 August at 11am.

The post Chance to join ‘second generation’ in tightly held Campbell cul-de-sac appeared first on realestate.com.au.

Tradies could suffer for a decade as a result of COVID-19 as fewer homes are built faster and at lower cost.

Coronavirus’ after effects will be felt across Australia’s home building industry for a decade to come.

But for those wanting a new house, the virus legacy is expected to mean faster construction and cheaper prices in the next few years.

A new Housing Industry Association economic and industry outlook report released today has flagged new housing starts will still be 28,000 behind pre-COVID-19 expectations by 2030.

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The report predicts just 172,000 new home starts across Australia that year, far below the 234,000 build peak set in 2016.

In the short-term, the numbers will drop from about 173,000 builds nationwide in the past financial year, to 139,700 for this coming financial year which began on July 1.

Mid-term, the figures are forecast at 163,500 in the 2023-2024 financial year.

The forecasts are not good for builders nationwide, except in Western Australia.

HIA chief Tim Reardon said it would be the worst year in seven years, though much better than it would have been without HomeBuilder, with forecasts showing new home builds would have fallen to just 115,000 without the federal government’s $25,000 grants scheme.

The silver-lining for those wanting to build a new home in the coming years is fewer projects mean builders will be more competitive on prices and complete projects faster.

“But it doesn’t change the fact that we’re in a recession now,” Mr Reardon said.

Rather than further government spending, HIA is suggesting the government review prudential and corporate regulations to make borrowers with a 10 per cent deposit more attractive to banks.

“Improving access to finance was one of the major reasons we saw the economy accelerate out of the 1990s recession,” Mr Reardon said.

It also coincided with a rise in population growth.

HIA believe changes to home lending could help support their industry without further government spending.

Housing finance figures cited by Mr Reardon show buyers with a 10 per cent deposit accounted for 7 per cent of the loan market today, but more than 20 per cent prior to the global financial crisis.

A 20 per cent deposit was largely only achievable for those who already owned a home and first-home buyers were finding it increasingly difficult to make a start, Mr Reardon said.

An extension to the First Home Deposit Scheme could also facilitate further construction.

He noted that their projections would sideline international migration until the government clarified when it could resume.

New housing construction forecasts are now being reined in for the decade to come.

However, Blueways Group development director Andrew Wyatt said he believed COVID-19 would merely pause international demand to live in Australia in the short term and it could return substantially after the crisis.

“I still look at other countries and say we are in very, very good territory for managing the virus,” Mr Wyatt said.

“And I think long-term families will look at that and think of the island nations of Australia and New Zealand, which will be an underlying force for migration.”

Mr Wyatt said while a post-coronavirus world would likely mean more expensive materials, builders would face more competition as new build numbers declined.

Apartment construction will face the brunt of the coming year’s reductions, plunging from 71,600 to just 42,100 in the space of the current financial year. Melbourne and Sydney will be worst affected, down almost 13,000 in Melbourne alone.

Larger apartment project numbers are expected to bear the brunt of the construction recession. Picture: David Caird.

New housing starts are expected to decline a more moderate 3.7 per cent to 97,600 — which is still the lowest number in seven years.

Victoria is forecast to see 16,368 fewer homes built this financial year than last.

NSW new home construction will fall 13,753.

In Queensland a 2,046 home construction decline is expected.

South Australia’s numbers are tipped to drop about 1,572, while Tasmania will build about 470 fewer new homes.

WA is the only state where construction is expected to rise, with a 1748 new home increase tipped.

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Pete Evans (left) is selling his Malabar home. Picture: Christian Gilles

Celebrity chef Pete Evans and his wife Nicola Robinson have put their luxury southeastern Sydney home up for sale.

The pair built the five-bedroom Malabar property just 18 months ago with a number of opulent features, including a skateboard half-pipe, a lap pool, four-person spa and even a gym.

As expected, the kitchen is at the heart of the home while there is also an edible garden with herbs.

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Stunning interiors.

A relaxing retreat for the whole family.

Pete Evans and Nicola Robinson. Source: Instagram

Peter Goulding and Theo Karangis of NG Farah real estate have a $3.2 million price guide ahead of a September 12 auction.

The controversial Evans is selling up ahead of a move to the NSW north coast, where he has a multimillion-dollar health retreat. He will soon be opening a healing clinic in Byron’s new commercial precinct, The Habitat.

Backyard fun for the whole family.

A huge bench in the kitchen.

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Perfectly suited to active families, the home, on a 588sqm block, also has a wellness studio with infrared sauna and a tea room, while there are Tesla solar panels and a powerwall in the double garage.

The lap pool.

The huge main bedroom.

The original property was purchased by Evans and Robinson in 2014 for $1.27 million before it was knocked down and rebuilt.

Earlier in the year the couple sold their other Malabar home in an off-market deal worth $2.76 million.

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