From a jaw-dropping oceanfront apartment in Mermaid Beach to a resort-style oasis in Buderim, these are the best homes that came to market over the weekend and today.
68 Arden Street, Clovelly, NSW 2031
Nestled between Bronte and Coogee, Clovelly is a slice of coastal paradise that boasts a small but scenic beach with a saltwater pool, proximity to the CBD and Sydney’s top beaches, and clifftop parks. The suburb is home to 4,887 residents, predominantly couples with children, and has seen considerable growth over the past three years.
Bolstered by 33 per cent average annual growth, the average house price in Clovelly is A$4,925,000. In June this year, five Clovelly listings have sold, each spending an average of 31 days on the market. Approximately 32 per cent of Clovelly homes are owned outright while 38 per cent of households rent.
Situated within walking distance of Clovelly Beach and Gordons Bay, this contemporary family haven enjoys a gourmet kitchen, a 12-metre pool, five luxurious bedrooms and five bathrooms.
The property previously sold in August 2018 for A$5 million, however, the market has since shifted by 48 per cent. The listing is scheduled to go to auction on November 5, 9:45am.
2702/272 Hedges Avenue, Mermaid Beach, Qld 4218
Named after the HMS Mermaid, Mermaid Beach is fast becoming one of the most sought-after suburbs on the Gold Coast. Offering a pristine stretch of sandy coastline as well as vibrant cafes and bars, Mermaid Beach is perfect for those seeking a quieter Surfer’s Paradise.
Home to 7,329 residents, predominantly childless couples, Mermaid Beach offers a vibrant coastal lifestyle defined by top surf, a friendly community and proximity to the shopping and nightlife in Broadbeach. Unit prices in the area have been steadily increasing over the past nine years, with the most recent 34 per cent jump in prices being the most significant increase to date. In the last year, the suburb saw 265 properties sold, each spending an average of just 19 days on the market. The average unit price is now A$710,000.
In general, Mermaid Beach residents work in a professional occupation and approximately 53 per cent of households rent.
Poised on Mermaid Beach’s ‘Millionaire’s Row’, this lavish two-level apartment boasts a beachfront position and in turn, impeccable sea views. Offering 513 square metres of luxury punctuated by curvaceous features and endless panoramic coastal vistas, the residence lends itself well to an executive beachside lifestyle.
The listing comes with a price tag of A$10,750,000.
24 Goodhope Street, Paddington, NSW 2021
Filled with charming terrace homes, jacaranda trees, boutique stores and dining, Paddington is a trendy inner-city suburb with plenty to see and do. The suburb is home to 12,701 residents with a median age of 38 and is predominantly filled with childless couples.
In the past three years, Paddington has recorded consistent growth, averaging at around 15 per cent average price growth each year. However, in June of this year, the suburb saw a slight price decline of 1.8 per cent, bringing the average house price to A$3.2 million. Approximately 45.6 per cent of Paddington households are renters while 26.8 per cent own outright.
Featuring a garden oasis and a separate self-contained studio, there’s more than meets the eye at this elegant Victorian terrace home. Behind generous 8.4-metre street frontage, the property sprawls out across three light-filled levels that emanate heritage charm in the form of marble fireplaces, ornate ceilings and elegant formal living and dining rooms.
This Paddington property is scheduled to go to auction on Saturday, November 12 at 11:30am.
406 Old Northern Road, Glenhaven, NSW 2156
Located in the Hills District region, Glenhaven is a peaceful and green suburb that attracts families with its abundance of parks and bushland, schools and large blocks. The locale is also perfectly positioned to take in incredible views spanning up to the Blue Mountains.
In the past year, Glenhaven has recorded 23.9 per cent property price growth, driving the median house price up to A$2,292,500. Compared to 2019 prices, the typical price tag on a Glenhaven home has jumped by around A$750,000.
In June this year, a total of nine properties sold, each spending an average of 29 days on the market. Home to predominantly couples with children, the median age in Glenhaven is 48 years old.
Resting on 4,262 square metres, this refined residence known as ‘Glenview Manor’ features manicured landscaping, a large swimming pool, self-contained accommodation, an abundance of living zones and a gourmet granite kitchen.
19 Hardwood Court, Buderim, Qld 4556
Located on a volcanic plateau, Buderim is characterised by its lush and leafy nature reserves and natural wonders such as Buderim Falls as well as a vibrant community. Offering scenic family living on the Sunshine Coast, Buderim is home to approximately 31,430 residents, most of which are childless couples and couples with children.
Commanding a median house price of A$1,085,000, Buderim has seen considerable growth over the past few years. Most recently, the suburb recorded annual property price growth of 32.3 per cent, which translates to a price increase of A$265,000.
In June this year, Buderim saw 1.9 per cent property price growth and a total of 41 properties sold. Currently, the average time listings spend on the market is just 21 days.
Resting on a lush and elevated 6,454 square metres is this impeccable resort-style sanctuary known as ‘Villa Asmara’. Boasting two swimming pools, ocean views, tropical landscaping, luxurious poolside pavilions, a steam room, pickleball court and outdoor kitchen, this residence has it all.
The property is scheduled to go to auction on Saturday, November 5 at 3pm.
Article source: Queensland Property Investor