Research from realestate.com.au has shown that a typical Australian tenant is likely to be female, aged between 35 and 49, earning more than $50,000 a year and looking for properties renting for more than $300 a week.
While the market in most states is currently favouring tenants, survey respondents from households with $100,000 plus income were the most likely to stay living at home. Less than 30 per cent looking to rent were male.
The survey also showed the average age for leaving home in Australia continues to increase, with just 17 per cent of those looking to rent aged less than 25.
Amy Sanderson, head of property investment management at LJ Hooker, believes getting out of home and into the rental market is worthwhile.
“Nationally we have seen a shift back towards a tenant’s market,” Ms Sanderson said. “In the majority of states rents are reasonably steady and with a high number of available properties it is a good time to be looking to rent.”
In areas with tighter rental markets, Ms Sanderson says first impressions are crucial.
“Despite popular belief, the highest earner won’t always get the property,” she said. “Landlords are after reliable tenants who will look after their property, so present yourself well and make sure your application is filled out correctly.”
Renting can have its romantic benefits also, with the research revealing 14 per cent had entered into a relationship with a housemate, and more than half of those were still involved in the relationship. A staggering 29 per cent who had entered into a relationship with a housemate had ended up getting married.
Marie Luke moved from the UK to Australia in 2010 and needed a housemate. Through a friend, she was introduced to fellow UK expat Tony Rehal, who had been living alone for six months and had a room to rent.
“We emailed back and forth a few times to make sure we were both OK to live with,” Ms Luke said. “The day we actually met, we found we had loads in common. There was a real spark between us and we actually got together on day one.”
Three years later, the couple are still living in the same Bondi property, are engaged and will be married on a beach in Thailand in December.
Understandably, Ms Luke recommends share housing to anyone looking to get into the rental market.
“I shared with other guys back at uni, but they were certainly not boyfriend material,” she laughed.
“It’s good to share house because you open your social circles to a lot of other people. Not only have I met my future husband, but also a lot of dear friends that were originally his.”
Original Article published at www.Couriermail.com.au by Tim McIntyre, the Daily Telegraph 1/6/2013
$2.55 million sale in Le Bain tops Brisbane’s trophy apartment results
A $2.55 million sale in the Le Bain complex was the priciest revealed apartment sale of the past week across Brisbane.
The sale of 1502/22 Wyandra Street, Newstead was secured by City Realty agent Ari Sharbazifar who notified the sale to major websites on May 4.
The marketing advised Le Bain’s final penthouse release offered 220 sqm internal and external layout. There was 40 sqm wrap around balcony with sunset views over the Brisbane CBD.
“Le Bain is walking distance to local must-haves, Total Fusion Platinum, The Standard Market, Wine Emporium, Woolworths Gasworks (QLD top Woolworths), Newstead Organics, Gasworks Medical Practice, Terry White Pharmacy and a multitude of top restaurants with takeaway/pickup options such as Hellenika, SK and Beccofino,” the marketing noted.
Residents shared the rooftop amenity which features a pool, magnesium wellness spa and a traditional Finnish sauna.
There is also a private fitness club featuring an external 25-metre long multipurpose lawn for stretching, sprints, lunges and yoga.
Residents can access the private dining room with fully equipped chef’s kitchen.
Le Bain’s 15 levels feature 128 one, two and three bedroom apartments. The complex was developed by Cavcorp, who offer a 50 year structural guarantee on every project.
Le Bain was Cavcorp’s eighth project on the Newstead peninsula since being founded by the Cavallucci family in 2003.
Their prior projects include Kurv, One Oak and Lucent.
Its upcoming project in Luminare.
Article Source: www.urban.com.au
Grant Hackett’s luxury Gold Coast beachfront villa snapped up in five days for $2.625m
A luxury Gold Coast pad owned by former Olympian Grant Hackett and located on “Millionaires’ Row” has sold after being on the market for just five days, fetching $2.625 million.
The three-bedroom villa at 1/100 Hedges Avenue, Mermaid Beach, is on the most prestigious beachfront strip in Queensland, metres from the beach and local cafes.
Listing agent Troy Dowker, of Broadbeach-based real estate agency Kollosche, said it was one of quickest sales he had been involved in.
“We received three cash, unconditional offers within about 36 hours,” he said.
“And, on Tuesday, we had it sold for $2.625 million.”
The contemporary home, which spans 331 square metres over four levels, boasts multiple, open-plan living spaces and floor-to-ceiling glass doors and windows designed to make the most of the stunning ocean views.
Its most appealing feature is the fourth-floor rooftop terrace with a barbecue kitchen and al fresco dining and panoramic views of the Coolangatta coastline back to the mountains.
It also boasts two double lock-up garages and visitor parking, plus a private internal lift to take residents from the basement garage to the show-stopping rooftop terrace.
Hackett, who grew up in the adjacent suburb of Mermaid Waters, bought the home in 2014 for $1.5 million, public records show.
“It’s a perfect spot. Steps away from the beach and I absolutely fell in love with it straight away,” Mr Hackett said earlier.
In the past four years, the gold medallist known as one of Australia’s best long-distance swimmers, has relocated to Melbourne with his family.
While they have used the Gold Coast property as a holiday home since, they have decided it is time to sell so they can upsize in Melbourne.
“There’s no news yet but our family is growing down here in Melbourne,” Mr Hackett said last week. “We want to get a bigger property down here in Melbourne.
“When we do go up [to the Gold Coast] we are spending all our time with our family. It doesn’t make sense to hold such a beautiful property any longer.
“From our perspective, we’re sad to see it go but I’m sure someone else will get some pleasure out of it.”
The bright-and-breezy luxury beach pad was scheduled to go to auction on May 30 but strong buyer interest meant it sold more than three weeks beforehand.
Mr Dowker said he received offers from a local buyer and a Sydney buyer but it was snapped up by a buyer from Toowoomba, who had been looking for a holiday home in the area for more than a year.
While Mr Dowker said he anticipated the luxury modern villa to be in high demand, he didn’t expect it to sell so quickly.
“It’s an incredible home, particularly with those multiple levels of living, a really fresh, modern feel that is timeless, and then that incredible rooftop space with those 270 degree views,” he said. “It’s just got so much appeal.”
Article Source: www.domain.com.au
Beautiful Queenslanders: Family home goals in Brisbane’s inner south
A Brisbane property power couple have placed their exquisite Queenslander on the market – offering a timeless slice of renovated real estate they say was the ultimate pandemic-proof paradise.
Dubbed ‘Magnolia’ and perched on a rare 1012-square-metre parcel ensconced in greenery, the magnificent five-bedroom homestead, at 108 Plimsoll Street, Greenslopes, was slowly transformed from an ageing cottage into a luxurious family abode by James and Angela Curtain, of Place Estate Agents Woolloongabba – with the result being a masterclass in old-world charm and modern elegance.
Featuring a wine cellar, a glass-framed saltwater pool, wool carpets and a carefully crafted layout blending resort sophistication with warmth and functionality – the home oozes a sense of style that Mrs Curtain said they spent over a decade cultivating before finally deciding it was time to downsize.
“This is one of our more memorable renovations and, because we’ve lived in it for longer than any other home, we will miss it,” Mrs Curtain said.
“We’ve hosted big family Christmases here and two 21st birthdays. We have lived in it and loved it for 12 years and even during COVID we had all our family here. We had our three boys and even their girlfriends and we had some beautiful times just cooking and entertaining and drinking wine so that it (the quarantine) was actually wonderful.”
The couple, who have had a long love affair with the quintessential Queenslander, said it was easy to see the potential of the grand old abode all those years ago, inspiring them to snap up the property off-market and undertake a series of major makeovers that included removing an old forte, extending the second level and transforming the carport underneath the house.
“We have moved quite a lot and we have renovated homes and built them, but then we found Plimsoll Street and we fell in love in with this home and the potential it had,” Mrs Curtain said.
“Because it was in its original form it had all the original fretwork there and the beginnings of some beautiful gardens with magnolia trees and then there was the privacy of the pool which we loved.
“But the garage was underneath the house and it wasn’t built in at all. It was just cement floors. Up the back was an old forte and that in time we got rid of and we also carpeted all the bedrooms.
“In the last three years, we completely renovated the whole home and we dug in underneath the garage. We’ve put in a new kitchen with marble, we built in the side verandah and created the study with timber shutters that provided a closed in space. We also installed an internal staircase to go downstairs to the wine cellar.”
With attention to detail at the forefront (an aspect of renovating that Mrs Curtain said was arguably the most important) the home now features a fireplace, three bathrooms, a full-sized home office, a home gym, the insulated wine cellar with a humidifier and 130 square metres of lawn alongside the kitchen, which opens up to the al fresco area with a professional bar set-up.
Additional elements include the airconditioning, ceiling fans, automated awnings and an outdoor firepit, alongside a full push sound and vision technology system on both levels that add modern functionality to the original character features such as high ceilings, VJ walls and timberwork.
For Mr Curtain, who is the Woolloongabba office director, these features combine to make an incredible family abode with the x-factor being the land.
“The thing that first caught my eye was (not only) the 1000-square-metre block but that both of the neighbouring blocks are the same size and even the blocks behind are of a similar size so you have a great sense of space from your neighbours,” Mr Curtain said.
“It offers a beautiful level of privacy and it’s a great place to relax and getaway. The other thing when we bought it is I could see that the living spaces had the ability to be transformed into the type of space we wanted.
“As a real estate agent, you do look at a lot of beautiful properties but the ones you think will work for you are few and far between.”
While they love the enduring style of the classic Queenslander while understanding the intricate details that make a home work for the modern family, even they couldn’t have predicted just how much their meticulous renovation would suit a post-pandemic world.
“I think you can see now that post-COVID there is a greater pressure to study from home and work from home and even the fact that we haven’t had the ability to travel means the space we have has become more critical,” Mr Curtain said.
“When we were renovating, we weren’t expecting it but when it [COVID] struck we were more than comfortable and able to accommodate teenage boys and girlfriends but also maintain our exercise and then when it came to entertaining and that wine cellar (we were thrilled).
“We are certainly going to miss the house and it will be a difficult transition but it’s time to move on.”
The property will go up for auction on May 15 at 11am through Denis Najzar and Chris Dixon, of Place Woolloongabba, and has already accrued buyer interest from locals, interstate buyers and offshore home-hunters.
Article Source: www.domain.com.au
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