An tropical investor’s delight for under $100,000 is a bargain buy

first_imgBargain of the Week is this $100,000 beauty in Far North Queensland.WHEN the potential rental return is going to pay for your mortgage twice over, you know that you must have just bought the bargain of the week.Sold for just $100,000 on Wednesday, this two-bedroom townhouse with pool sold for $90,000 under the median unit sale price.And according to realestate.com.au has a median rental potential of around $280 per week.Located at 462-424 McCoombe Street, Mooroobool, a suburb of Cairns, it proves owning a home in the tropics is well within reach.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours ago462-424 McCoombe Street, Mooroobool sold for $100,000.The townhouse has its own courtyard and shared pool and while it might need a bit of loving and updating, it is completely liveable.With demand in Mooroobool above the state average, with 277 visits per online site compared to 272 for Queensland, this is a hot investment suburb.If you wish you had bought this property, there is good news at hand. The following properties are on the market for under $170,000 each.A one-bedroom ground floor unit at 3/74 Swallow Street, Mooroobool is selling for offers in the early $100,000s.This one-bedroom apartment would make a great investment at 2/16 Ingham Court, Mooroobool is on the market for offers over $129,000.Or this two-bedroom ground floor apartment with pool at 6/342 McCoombe Street, Mooroobool is listed for $165,000.last_img read more

Inner city apartments on offer from $289,000

first_img549 Brunswick St, New Farm.A nearby CityCat terminal ensures easy Brisbane River transport to the CBD, while New Farm Park is a stroll away.Listing agent Aaron Woolard said these four apartments were the perfect chance for new buyers or experienced investors to gain reliable residential properties with considerable returns. “Graced with enduring sophistication and an unbeatable locale, each apartment meets all the living requirements of young professionals and couples seeking Brisbane’s alluring inner-city lifestyle,” he said. Mr Woolard said it was a once-in-a-lifetime find in the current housing market, and these apartments were proven investment properties with future potential. DETAILS: Price: $289,000+ Agent: Aaron Woolard, Place New FarmTel: 3107 5111, 0421 145 386 1-4/549 Brunswick St, New Farm.THESE apartments may be in the heart of blue chip New Farm but the asking price is much less than you would expect.Four one-bedroom apartments are on offer at 549 Brunswick St, in an Art Deco complex. All have the same layout with an open-plan kitchen, lounge and dining room, hallway storage, bedroom and contemporary bathroom with laundry. One of the apartments at 549 Brunswick St, New Farm. Each residence captures charming old-world elegance with classic architectural elements, including polished timber floors, high ceilings, decorative cornices and ornate windows.Modern refurbishments complement the apartments, particularly in the kitchens, which have been updated to include ample cabinetry, tiled splashbacks and quality appliances such as gas cooktops and ovens.A central hallway ties the floorplan together, separating the entertaining area from the bedroom. center_img /549 Brunswick St, New Farm.The well-lit bedroom has a bright palette and enjoys convenient access to the bathroom and laundry. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The bathroom features decorative tiles as well as a combined shower and bathtub and mirrored vanity. All four apartments have access to a covered car park at the rear of the complex. Surrounded by established gardens, the apartment complex provides a serene living atmosphere and timeless grandeur. Its location is close to New Farm’s renowned restaurants, shops and bars, along with the James St entertaining precinct and Brunswick Street Mall. last_img read more

A home designed for dual-living attracted more potential buyers than any other in Queensland this week

first_img5 Franmar Place, Peak Crossing. Picture: realestate.com.auThe property also has a very large shed plus a three car carport and three phase power.All bedroom have built in wardrobes and there are three airconditioning units in the house.A four-bedroom home at 38 Annie St, Paddington was the fifth most viewed listing in Queensland this week.The house is for auction on November 25, through Judi O’Dea of SPACE Property Agents.The two-level home was designed by LilleyBuild and P&R Lee Builders. 30 Victoria St, Windsor. Picture: realestate.com .auThe Queenslander has no neighbours and is within the Windsor State School catchment. It has an open plan layout with polished hardwood floors.A home at Peak Crossing with mountain views was the fourth most popular listing this week.The house at 5 Franmar Place, has four bedrooms and is listed for $549,000 through Helene Shephard of First National Real Estate Action Realty – Ipswich. 3 Wollombi Place, Holland ParkThe upper level has high ceilings, polished wooden floors and custom made plantation shutters.A combined lounge and dining area flow through to a kitchen. There is a deck at the rear of the home which overlooks the swimming pool area. 3 Wollombi Place, Holland ParkOn the top level are four bedrooms. The main bedroom is described as a “hotel-style’’ ensuiteThe lower level of the home has been turned into a two-bedroom self-contained apartment. The second most viewed home this week, was the luxurious heritage-listed Cintra House at 23 Boyd St, Bowen Hills. The home is listed for sale through Matt Lancashire of Ray White New Farm.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours agoNew apartments released at idyllic retirement community Samford Grove Presented by 23 Boyd St, Bowen Hills.It was built around 1863 and was once home to a former Queensland Premier.The six-bedroom sandstone home on the hilltop at Bowen Hills, has views from the inland mountain ranges to the city and river.The third most viewed list this week was a house at 30 Victoria St, Windsor which is listed through Craig Lea of McGrath Estate Agents – Wilston which was listed with a price guide of offers of more than $599,000.center_img 3 Wollombi Place, Holland Park was the most viewed Queensland listing on realestate.com.au this weekA HOME designed for dual-living attracted more potential buyers than any other in Queensland this week.The house at 3 Wollombi Place, Holland Park chalked up more views on realestate.com.au than any other in the state.It has four bedrooms and is listed for offers of more than $775,000 through Clint Ferguson of Coronis – Bayside. 38 Annie St, Paddington. Picutre: realestate.com.auThere is a swimming pool and a deck. Living and dining areas are open-plan and the kitchen has two Bosch ovens and a large gas cooktop.last_img read more

The one thing homeowners can do to save big on their mortgage

first_imgHomeowners can save thousands by switching lenders.AUSTRALIAN homeowners pass up $213 million in mortgage savings a month because they don’t do this one simple thing – switching lenders.New analysis by finder.com.au of Australian Bureau of Statistics and APRA figures reveal that only 3.63 per cent of homeowners refinanced last year.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by That equated to only 210,815 loans out of a possible 5.8 million mortgages.Finder revealed that the average mortgage holder could actually save around $598 a year, or close to $18,000 over their life of their loan if they refinanced from a rate of 4.25 per cent to 4 per cent.The average loan size refinanced in the past year was $346,723 according the ABS figures.As interest rates have dropped in the past few years so too have the number of mortgage holders refinancing.But the Finder analysis showed that even with interest rates at historic lows shopping around could still potentially save homeowners big time.last_img read more

Norman Park is seen as one of Brisbane’s prettiest pockets

first_imgInside 1285 Stanley St East, Norman Park.Mr Yates said the previous owners had restored the colonial home to its original glory before putting it on the market, saying, “it was quite derelict before”. 1285 Stanley St East, Norman Park.This character Queenslander home has sold at auction for $687,000. The home at 1285 Stanley St East, Norman Park.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020“We had a lot of interest with more than 50 groups through the property before auction day,” Mr Yates said. “Most were young couples looking to get a foothold in the market.” Inside 1285 Stanley St East, Norman ParkMr Yates said the new owners were a young couple buying their first home together.“It’s a great area and a fantastic first home,” he said.“Even though it’s a smaller property, it’s on a corner block which is always a drawcard, and there’s a lot of potential to build and raise underneath.” The home at 1285 Stanley St East, Norman Park.Marketing agents Steve Yates and Michael Hatzifotis of Place Real Estate, New Farm, said 1285 Stanley St East, Norman Park was a popular property on the market. The home at 1285 Stanley St East, Norman Park“There’s been a lot of new listings in the suburb,” he said.“It’s a very attractive area of Brisbane to be buying in right now.” Inside 1285 Stanley St East, Norman ParkMr Yates said the market in Norman Park was strong.last_img read more

Quick sell-out prompts new land release

first_imgSanctuary Cove aerialSanctuary Cove has fast-tracked stage three of its Sanctuary Point land release, after stage two sold out within seven months.Stage two has become the $2 billion estate’s fastest selling land release since Sanctuary Hills more than three years ago, achieving $18m in sales.Just five lots remain available for purchase in stage one.Mulpha Sanctuary Cove general manager of international sales John Hughes said the sales success was an incredible result for the golf and marine development.More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“The quick sellout of Sanctuary Point’s stage two with its larger lots highlights the continuing strong demand for quality waterfront, resort-style living on the Gold Coast,” he said.“This year we will celebrate 30 years of success and evolution at Sanctuary Cove … after 30 years of continuous supply of prime land at Sanctuary Cove, the recent completion of development works is having a huge impact on property values.”Waterside land is currently selling from $649,000. The last remaining waterfront lots within stage one are on the market from $1.195 million. Stage three consists of 13 large north-to-water lots in Sanctuary Point.“These lots allow for very large, three-storey homes with sizes ranging from 652m2 up to 1043m2,” Mr Hughes said.“(They) are all north-facing over wide water views, with deep canals for larger boats and only minutes from the Broadwater.”Mr Hughes said he did not expect the lots to be on the market for long.last_img read more

Ideal for those who live large

first_img29 Aspley Drv, Kirwan 29 Aspley Drv, KirwanWALKING across the road to play a round of golf then returning for a dip in the sparkling pool before grilling a steak for dinner using the outdoor kitchen is what life is like at 29 Aspley Drv, Kirwan.The premium home was built eight years ago and has six-bedrooms, three bathrooms and two car spaces. It’s on a 710sq m block in one of Kirwan’s most desirable locations facing the Willows Golf Course and surrounded by other up-market homes. 29 Aspley Drv, Kirwan“I’m marketing it towards families and especially those with three or four children,” she said.“This is a select area in Kirwan, all of the homes here are really up-market and very few would come under the $600,000 mark.” 29 Aspley Drv, KirwanNo expense was spared when owner Les Hansen and his wife Michelle had the home built and designed as a dream house for them to live in with their five children.Mr Hansen said they had planned to make the house their forever home but were now downsizing with most of their children no longer at home.“We were going to live there forever so we weren’t going to put low budget fittings in,” he said.“I used to play golf and we still have the golf buggy in the garage.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“I love the entertainment area outside and we’ve had so many gatherings out there.“The Eddie Charlton room was one of the things we factored into the build and it was one of our favourite haunts.” The home has four living areas giving a family plenty of room to spread out.There is generous storage found throughout the home as well as insulation and a 3.5kW solar power system.One of the living areas flows to the outdoor entertaining area complete with outdoor kitchen and swimming pool with waterfall and spa.The oversized galley kitchen has granite benchtops and overlooks the patio and swimming pool.There is also a double auto garage and 6m x 4m shed.Ray White Townsville Riverside selling agent Teresa Chandler said the home would be perfect for a large family searching for a high-end offering.last_img read more