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156 Harts Road, Indooroopilly, sold for $2.35m on Saturday.

This three bedroom mid-century home in the western suburbs may have an outdated kitchen, bathrooms and fixtures, but it still sold for a whopping $2.35m.

The home at 156 Harts Road, Indooroopilly, in Brisbane’s inner west went under contract on Saturday.

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The kitchen has seen a lot of years of service.

According to CoreLogic records, which listed a land valuation of $1.7m on the property, the $2.35m sale was the highest in Queensland in the past week.

Agents Colin Rosario and Leighton Jones of Leighton Jones Realestate – Kenmore listed the home as having to be seen to be believed.

Neat and spacious bathroom, even if somewhat dated.

“Set in the heart of Indooroopilly’s most sought after precinct, this home is being offered for sale for the first time in 47 years,” was how they described the property.

“Just minutes from St Peters Lutheran College, two golf courses, parkland, railway station, shopping centre and University of Queensland, this property must be seen to be appreciated.”

One of the biggest drawcards apart from the location itself has got to be the size of the land it came on – almost half an acre in total at 1968sq m.

The massive block of land that the home sits on.

“Enter through the front porch into a large vestibule and hang up your hat. This room leads into the expansive formal lounge and dining room warmed by the fire in the brick fireplace.”

“From here move to the large rear veranda which overlooks the beautiful backyard and is perfect for entertaining.”

It also has a very large master bedroom with a parents’ retreat at the top of the house with two built-in robes and its own toilet and bathroom.

While the listing may have sung the praises of the house itself, it’s unclear at this stage whether the incoming owners will want to maintain the home or attempt to start again from scratch.

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The post Outdated kitchen and bathrooms still saw this home sell for $2.35m appeared first on realestate.com.au.

86 Sydney Parade, Geelong, sold for $560,000 at Saturday’s online auction.

The chance to score a rare central Geelong house at a sub-$600,000 price was not lost on a clutch of potential buyers at an online auction.

The two-bedroom house at 86 Sydney Parade sold for $560,000 at Saturday’s auction.

Maxwell Collins, Geelong agent Lois Wilson said 12 hopeful buyers had registered for the online auction.

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Ms Wilson said first-home buyers were well represented among those interested in the property, but its position less than 500m from Geelong’s University Hospital seemed the major drawcard. It’s also a short walk to East Geelong’s shopping village on Garden Street and Ormond Road.

The house, which was used for an accountant’s office, has an updated kitchen and offered scope for renovators or redevelopment, unlocking the residential growth zoning.

“Most of the attention was from first-home buyers, which was interesting,” she said.

86 Sydney Parade, Geelong.

“The price point, particularly with first-home buyers, meant they could purchase stamp duty exempt.

“They were keen to renovate and the motivation was to want to be so close to work.

“The hospital is a big drawcard for people working in the city looking to purchase close to work,” she said.

Three people bid in the auction, which opened at $500,000.

Rear access from Myers Street.

After 21 bids, the price eclipsed the reserve price by $10,000.

Ms Wilson said the buyers were from Geelong and were planning to rent out the house in the short term.

The house occupies a 319sq m block with street frontages to Sydney Parade and Myers Street.

Ms Wilson said the heritage overlay is enforced on the neighbourhood, although the house itself is not heritage listed.

“The block next door is a larger block that’s been subdivided into two because you’ve got that rear street frontage,” she said.

86 Sydney Parade, Geelong.

“It attracted a lot of interest. We had a lot of inspections. But in the past two weeks we were unable to do open for inspections on the day or prior to the auctions, we were just doing private inspections,” she said.

“We probably had five bidders from Melbourne, including some that hadn’t seen the property. But they had done their due diligence.

13 Churchill Avenue, Newtown, is scheduled for auction on Saturday.

The auction was conducted over a Zoom link, with buyers raising their hand to bid for auctioneer Shaun Carroll.

The agency is scheduled to follow up with another online auction for a Newtown property this Saturday.

The three-bedroom duplex at 13 Churchill Avenue is scheduled to be auction at 10.30am.

Price hopes for the two-storey house ready for a renovation is $390,000 to $420,000.

The post Geelong: Sub-$600K price point drives bidders for rare city chance appeared first on realestate.com.au.

A Middle Park masterpiece is lining up to become the suburb’s most expensive home.

Lisieux, at 244 Beaconsfield Parade in Middle Park, has been listed with a $8.8-$9.68m price guide.

CoreLogic records show the Spanish Mission property will be crowned the suburb’s most expensive piece of real estate if it sells for more than $9m.

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244 Beaconsfield Parade, Middle Park is for sale.

The huge waterfront block is a rare opportunity.

The historic property was converted into three apartments in the 1930s and has remained divided that way while being held by the vendors for the past 40 years.

Kay & Burton Port Phillip agent Eleisha Doherty said the five-bedroom home had been a much-loved family heirloom since it was bought for about $260,000 in 1980.

“Three generations of the family still live there, including the mum who originally bought it, her son, his wife and their children,” Ms Doherty said.

“Everyone’s got their own space.”

Traditional features inside the first-floor apartment.

Views don’t get much better than this.

Two apartments are on the ground floor of the waterfront home, while another residence boasts incredible bay views from the first floor.

Ms Doherty said a buyer could turn the home into one magnificent residence.

“The next homeowner is likely to restore the house into one big home and potentially do a large-scale renovation, adding a pool out the back or a self-contained residence on top of the garage at the rear,” she said.

There’s plenty of room for an extension, or a pool.

A complete transformation could increase the property’s value to the “vicinity of $15m”, she said.

“This is an opportunity for a dream home and there’s not a lot that transacts on Beaconsfield Parade every year, especially in the Middle Park section, “ Ms Doherty said.

“It’s a premium piece of land … we’ve only just started the campaign and we’re already overwhelmed with the level of interest received so far.”

The 600sq m block is for private sale.

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13 Nicholas Court, Point Lonsdale, has sold for $3.025 million.

An original Point Lonsdale beach house built in the 1970s has sold for more than $3m after a short campaign.

The brick veneer house at 13 Nicholas Court, Point Lonsdale, was listed for just 13 days before the property was sold.

Hayeswinckle, Drysdale agent Grace Borg negotiated the sale between two buyers competing for the two-storey, five-bedroom house located 200 metres from the Point Lonsdale foreshore.

13 Nicholas Court, Point Lonsdale, has sold for $3.025 million.

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She said the location and the property’s 1330sq m block were the main drawcards for the buyers.

“They’ve got beautiful views from the top level,” she said.

“The home itself is the first time being offered for that family. It’s not been sold before.”

Built around 1976, Ms Borg said it was in great condition.

13 Nicholas Court, Point Lonsdale, has sold for $3.025 million.

Period features include raked ceilings, exposed timber beams and all the original fittings, fixtures, including carpets.

The house also had a self-contained living room with a separate kitchen.

“(It was a) pristine, immaculate 70s property. Everything is in a very neat and working original condition,” she said.

A drone image shows how close 13 Nicholas Court, Point Lonsdale is to the water.

“It’s been very well kept, very loved.”

Ms Borg said the keen buyers moved fast, making the first offer within a day of hitting the market

“We had a negotiated outcome in less than a week,” she said.

13 Nicholas Court, Point Lonsdale, has sold for $3.025 million.

“From it going live online, we had an offer within the first 24 hours, so really there wasn’t room for anyone else to come in on it because I was dealing with my two groups.”

Point Lonsdale’s median house price has climbed 4 per cent in the past 12 months to reach $867,500, according to Hometrack data.

The property had previously been offered through another agent last November, before being withdrawn in April.

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INXS guitarist Tim Farriss has sold his Kangaroo River retreat.

Film director George Miller and his wife Margaret Sixel have emerged as the $4.35 million buyers of Willabrook, the Upper Kangaroo River ­retreat of INXS guitarist Tim Farriss and wife Beth.

Farriss, who ­founded INXS in Sydney in 1977, listed it two years ago after three decades ownership. The property ­initially had an asking price of $4.5m to $4.9m and later had a guide of $4.3m to $4.5m.

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George Miller was the buyer. Picture: John Appleyard

INXS Guitarist Tim Farriss held the property for three decades.

The 37ha Upper River ­cattle farm off a country lane features a 1920s five-bedroom homestead, plus two one-bedroom cottages, that were let at $350 a night.

There’s also a self-contained manager’s cottage, vegie garden and a private, clear, deep water swimming hole.

The marketing by Belle Property listing agent Nick Dale suggested the land is reminiscent of a Harry Sutton Palmer landscape painting.

It sold for the second highest price in the Upper Kangaroo River.

Gorgeous views of the surrounds.

It comes with a private river flat that forms a natural island and is surrounded by the waters of Kangaroo River, complete with billabongs and grassy banks.

The Shoalhaven farm, which has averaged a 30 ­breeder carrying capacity, had been featured on Better Homes & Gardens.

Its sale price ranks as the second highest at Upper Kangaroo River with $7.35m paid in 2018 for a 220ha ­holding.

The post Film director George Miller buys Upper Kangaroo River ­retreat of INXS guitarist Tim Farriss appeared first on realestate.com.au.

Dubbo – ripe for a treechange.

The real estate boom in regional Australia is one of the most significant and tangible effects of the coronavirus pandemic – and this auction is evidence of that.

One of Australia’s most respected and recognisable auctioneers, Damien Cooley, headed out to Dubbo, in NSW Central West, to host the first auction for just one of two ASX-listed real estate groups – The Agency – in the region today.

The property at 12 Buninyong Road, Dubbo, NSW.

The perfect spot for those cold winter’s nights in Dubbo.

Tree changer’s delight.

Located around 400km, north west of Sydney, Dubbo is best known as a prolific producer of wool and wheat, home of the Western Plains Zoo, the birthplace of cricket legend Glenn McGrath and a host of NRL stars past and present including David Peachey, Dean Pay, Andrew Ryan and Issah Yeo.

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It has also emerged as a sought-after regional location for treechangers, looking to leave the city behind.

According to CoreLogic, combined regional home values slipped just 0.1 per cent over the last quarter through July, compared to a fall of 2 per cent in the combined capitals, spearheaded by a 3.2 per cent drop in Melbourne.

This is largely attributed to a shift in lifestyle desires for home buyers away from the capital cities to a more balanced life in regional areas, as a result of COVID-19.

The home holds prime position in the gorgeous central west town.

This shift has been felt across the real estate industry as evidenced by today’s auction at 12 Buninyong Road, Dubbo.

On the market for the first time in 36 years, the 3-bedroom home on a one acre plot was owned by a well known and loved local miner who recently died.

The property is in a tightly held part of the town with great access to amenities, including schools, shops and Dubbo Base Hospital.

(L-R) The Agency seller’s agents Justine Campbell and Monica Henley, auctioneer Damien Cooley and buyers Kathy and John Slavin.

After a competitive auction, held on location, the property was eventually sold for $520,000.

“It was a fantastic result with both the vendors and buyers ecstatic with the outcome,” Mr Cooley said.

“It shows that in any market you can achieve a strong result using the auction method. It is the most transparent mechanism for both buyers and sellers.”

Seller’s agent Monica Henley had hoped for a good price given the renewed attention on the area, as shown by Mr Cooley travelling across almost half the state to be there.

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“We are delighted with the outcome for both our clients, we know how much this home will mean to its new family, it’s a wonderful property,” she said.

“The local market is strong irrespective of the broader COVID-19 environment. And we would especially like to thank Damien Cooley for travelling to Dubbo for our first local auction – he attracted a lot of positive local attention. He has groupies now!”

The post Treechange: Auction that proves regional Australia is booming appeared first on realestate.com.au.

Who said sustainability couldn’t come with style and an affordable price tag? These attainable homes prove you can have it all – and help the environment.

Sustainability is more than just a trend. Being environmentally conscious has become a way of life for many – and rightly so. More and more, buyers are looking to buy homes built with a greener future in mind.

The good news is that buying a sustainable home is becoming more affordable. Thanks to perks like Bank Australia’s Clean Energy Home Loan, you can receive a discounted mortgage rate if you purchase a home with a NatHERS rating of 7 stars or higher.

What’s a NatHERS rating, you ask?

The Nationwide House Energy Rating Scheme (NatHERS) assesses the energy efficiency of newly built or renovated homes and gives them a star rating out of 10.

We’ve rounded up the best homes on the market right now with stellar NatHERS ratings.

1. Stylish Melbourne apartment | 7.5 stars | $515k

So you want to live in a major city but also want a sustainable and affordable home? We’ve found the jackpot!

Brunswick and surrounding suburbs in Melbourne are ripe with developments focusing on a greener future.

One Wilson Ave is a sustainability-conscious apartment development in Brunswick, VIC. Picture: realestate.com.au/buy

For instance, the One Wilson Avenue development by Neometro has a NatHERS rating of 7.5 and one-bedroom apartments in the complex are going for as little as $515,000.

The complex offers a rooftop solar system and all residents benefit from being part of an embedded green energy network. There is a 20,000 litre rainwater tank to be used in all common facilities, plus rooftop planter boxes and secure bike storage for anyone wanting to cut carbon emissions even further.

2. Brisbane four-bedder | 8.2 stars | $550k

This gorgeous home, which once served as the display home for the Carvers Ridge Estate by Green Homes, is now for sale in an up-and-coming area only half an hour south of Brisbane CBD.

Not only does it offer a stylish and affordable solution for families, with an excellent NatHERS rating of 8.2, it’s ideal for anyone with a green conscience.

Featuring passive solar design, great insulation, a 5kW solar system with Tesla power battery, polished concrete floors and glazed windows to help beat the heat, the family home is built for the future.

Four bedrooms, sustainability and style for under $550k? Yes, please. Picture: realestate.com.au/buy

Carvers Reach Estate in the suburb of Park Ridge is a Green Homes Australia development, which Younique real estate agent Simone Fogarty says adds a greater guarantee of quality.

“Green Homes go to extra effort to draught-proof the home and use high quality insulation throughout – not all building companies do that,” Simone says.

3. Adelaide green dream | 8.2 stars | $950k

This stunningly chic three-bedroom home is currently under construction in the Woodforde estate near Magill, South Australia.

With a NatHERS rating of 8.2, it will be constructed using environmentally friendly materials. It also aims to reduce waste during and after construction.

A spacious and ‘green’ home in Adelaide’s suburbs. Picture: realestate.com.au/buy

Featuring the highest quality insulation through a reverse brick veneer and double glazed windows, it has underfloor heating and a heat recovery ventilation system that helps to heat the home effectively. Surrounding greenery helps curtail heat in summer and improve air quality.

On top of low energy appliances, there is a solar power and battery system. There’s even a charging station for your electric car!

Currently selling for $950k, the family home is fitted with the latest smart home automation system to control blinds, lights and appliances to help you manage your energy conservation.

4. North-coast townhouse | 7 stars | $620k

It’s hard to come by affordable coastal living, but this two-bedroom townhouse in Warners Bay – a 25-minute drive to Newcastle – is not a bad offer at only $620,000.

This two-bedroom townhouse near Newcastle has a 7.5 star rating. Picture: Realestate.com.au/buy

Not only that, but it has a great NatHERS rating of seven and offers some exciting sustainable perks.

On top of excellent energy-efficient temperature regulation, it benefits from a 5kW solar and battery system.

“It’s not only the energy savings – it has special air-condition systems, special hot water services, double-insulated roof and extra insulated walls – you can also get a special home loan rate,” project development manager and sales executive at One Real Estate Eastlakes, Rod Conroy, says.

“There’s only two or three properties in Warners Bay like it and it’s definitely going to be the way of the future.”

5. Sustainable riverside bargain | 8 stars | $330k+

You can take your pick of new apartment developments in Rivervale, so why not choose one that provides sustainable perks?

Apartments in the Riverena block have an average NatHERS rating of 8, plus all the mod cons of a contemporary building complex.

A riverside apartment with green credentials. Realestate.com.au/buy

While individual apartments benefit from LED lighting and double-glazed windows, helping with insulation, the environmental benefits extend around the complex at large.

For example, common room lighting is controlled by motion sensors to avoid leaving the lights on unnecessarily. Plus, the swimming pool is solar heated.

Nature lovers will love the added bonus that the complex is built around a beautiful 130-year-old fig tree that also inspired the design.

The post 5 sustainable homes for sale right now with 7 or more stars appeared first on realestate.com.au.

Room for improvement – 6 Bingara Rd, Beecroft.

A family dug deep to buy a storm-damaged house in Sydney on Saturday, unperturbed by the smashed up garage and the tarpaulin covering the roof.

More than 30 people turned out to the auction at 6 Bingara Rd, with six buyers registering to bid on the three-bedroom house on 935sqm.

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There was plenty of interest in the property, despite the fact it is in need of major repairs for the storm damage.

Repair costs were estimated between $50,000 and $100,000.

Betty Ockerlander, of McGrath Epping took 78 groups through the home in the lead-up to the auction and issued 30 contracts.

Bidding opened at $1.3 million, just a touch below the reserve of $1.35 million. Three of the bidders took part, trading 22 bids before the hammer fell on the final sale price of $1,492,500.

A local family plan to repair the house, extend it and them move in, Ms Ockerlander said.

The home’s location had broad appeal for families. The corner block is in the sought-after Cheltenham Girls’ and Carlingford High school catchments.

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No. 11 St Leonards Avenue, St Kilda sold for an undisclosed sum.

A couple of high-end sales in St Kilda were triggered by Melbourne’s move into stage four lockdown, with buyers spurred on by the coronavirus restrictions.

The Agency Albert Park partner Sam Hobbs sold three St Kilda properties last week for a combined cost of more than $13m.

Each sale price was undisclosed, but 11 St Leonards Avenue had an asking price above $6m when it was placed on the market at the start of the year.

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An open-plan kitchen and entertaining area at 11 St Leonards Avenue, St Kilda.

The zone extends easily to the backyard.

A bay window and high ceilings in one of the five bedrooms.

“It’s been on the market pretty much all year,” Mr Hobbs said. “I actually think the new lockdown was possibly the catalyst for the sale.”

“The buyer values the home because it has two offices and it’s a good size — working from home moving forwards is more attractive. I think that’s actually what’s triggered this sale.”

Mr Hobbs also sold 5 Crimea St off market.

A grand home at 5 Crimea St, St Kilda sold in an off-market deal.

“It’s just such a great house that in any market it would’ve done well,” he said.

“Most of the interest was from local St Kilda people — quite a few local upsizers.”

Completing the trifecta of sales was that of 14A Havelock St, which sold in just five days.

“Everyone was jumping over themselves to get it because of a lack of quality stock,” Mr Hobbs said.

A townhouse at 14A Havelock St, St Kilda sold in five days.

Polished concrete floors with underfloor heating in the open-plan downstairs space.

Those sales came before realestate.com.au recorded a preliminary clearance rate of 81 per cent for Melbourne’s online auctions.

Among the results was a marathon auction at 8 Gamble Street, Oakleigh East, which sold for $940,500 after almost an hour of bidding.

Bidding lasted almost an hour at 8 Gamble St, Oakleigh East.

The property fetched a $130,500 premium for the vendors.

Ray White Oakleigh agent George Midas said the buyer was the only bidder that didn’t view the property in person, before stage four restrictions kicked in.

“They only viewed it from a virtual video that I did on my phone just before restrictions tightened back up,” Mr Midas said.

A home at 58 Greenwood Drive, Bundoora sold for $765,750 in an online auction.

A three-bedroom house at 58 Greenwood Drive, Bundoora sold for $765,750.

The property has outdoor entertaining at its heart.

Barry Plant chief executive Mike McCarthy said the sale, which went $15,750 over reserve, was a “good result” for the vendors.

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jack.boronovskis@news.com.au

@jackboronovskis

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Six of the nation’s top 10 happiest regions for sellers are in Victoria, according to a new report.

The RateMyAgent survey of 33,000 Australians rated the Central Highlands and Goldfields as the state’s happiest for vendors, with a net seller satisfaction rating 45 per cent above average.

That placed the region third across the country, behind Canberra and Hobart.

Other high-placed Victorian regions included Melbourne’s outer east (43 per cent above average), northern suburbs (42 per cent) and the city’s outer west (41 per cent).

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A unit for sale at 4/18 Ayres St, Creswick, in one of Australia’s happiest spots for vendors.

A bluestone church at 1713 Ballarat Daylesford Rd, Newlyn is on the market for $1.3m.

Eastern Melbourne and the Mallee rounded out the top 10, at 40 per cent above the net seller satisfaction average.

RateMyAgent chief executive Mark Armstrong said there would likely be a sharp drop in seller satisfaction in the short term, with Melbourne buyers unable to inspect homes during stage four restrictions.

“But we’ll see it find its feet and bounce back pretty quickly,” he added, noting there had been an “astounding turnaround” following the first coronavirus lockdown.

“If we look at what happened in April, we saw seller satisfaction drop and that was really because the market just completely locked – everyone just froze,” Mr Armstrong said.

No. 8 Olivette Ave, Upper Ferntree Gully has price hopes of $2.3m-$2.5m

Leading Real Estate agent Adam Sacco said vendors delaying their selling plans had reduced stock on the market, leading to multiple bidders on available properties.

“A lot of people have held off selling in Victoria during the past six months, which has really dialled up the competition between buyers looking to enter the market or upsize,” Mr Sacco said.

“Victorian suburbs with lower median prices are going to remain extremely buoyant in the coming months, largely because of the government subsidies in place.”

Top 10 happiest regions for sellers:

1. Canberra ACT (47% net above)

2. Hobart TAS (46% net above)

3. Central Highlands and Goldfields VIC (45% net above)

4. Metropolitan Adelaide SA (44% net above)

5. Outer East Melbourne VIC (43% net above)

6. Northern Melbourne VIC (42% net above)

7. Inner West Sydney NSW (41% net above)

8. Outer West Melbourne VIC (41% net above)

9. Eastern Melbourne VIC (40% net above)

10. The Mallee VIC (40% net above)

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jack.boronovskis@news.com.au

@jackboronovskis

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