A sprawling Minyama Island waterfront mansion and magnificent 14.8-acre Mornington Peninsula estate are among the finest luxury properties to come to market across October 29-31.
216 Domain Road, South Yarra, Vic 3141
South Yarra is an affluent inner-city suburb of Melbourne known for its trendy upmarket shopping, restaurants and cafe culture.
Presenting a lively lifestyle and close proximity to the CBD, the area attracts a population of 25,028 comprising mostly young professionals with a median age of 33.
Over the last three years, South Yarra has experienced incredible price growth climbing by 50.5 per cent in 2020. This year, 141 properties have sold in the suburb with 19 per cent property price growth pushing the median house price up to A$2,500,000.
Defined by modern renovations and apartments, South Yarra listings currently spend an average of 34 days on the market.
Originally designed by prominent Toorak architect Marcus Martin, this extraordinary home known as Martin House has been renovated by multi-award-winning architects Powell & Glenn to set the benchmark in luxury living.
This home is taking expressions of interest with a price guide of A$21 – A$23 million.
4305 Frankston-Flinders Road, Shoreham, Vic 3916
Perfectly balancing beachside and rural living, Shoreham is a wonderful suburb on Melbourne’s Mornington Peninsula.
Over the last few years, the area has consistently recorded property price growth including a 41.3 per cent increase in 2021 across 14 properties sold.
In 2022, 14 properties in Shoreham have sold representing a 9.2 per cent price growth, lifting the median house price to A$1,897,500.
An exclusive population of 679 delivers a median age of 61 and in 2016, 72.6 per cent of the 585 private dwellings were listed as owner-occupied.
Standing proudly as one of the Mornington Peninsula’s landmark properties, ‘Windmill’ stretches across 14.8 acres of unrivalled water frontage with private beach access.
This home is taking expressions of interest closing Tuesday, December 6 with a price guide of A$18 – A$19.8 million.
15 Minyama Island, Minyama, Qld 4575
As part of the wider Minyama suburb, Minyama Island is an elite private enclave of the Sunshine Coast that is often regarded as one of Queensland’s premier postcodes.
Last year, the thriving locale delivered a huge 59.1 per cent property price growth across 74 properties sold. In 2022, the suburb recorded a further price increase of 5.5 per cent, pushing the median house price up to A$2,030,000.
The prestigious area is home to a population of 2,726 comprising 52.2 per cent childless couples and 1,256 private dwellings, many of which are stunning waterfront mansions.
At the pinnacle of luxury waterfront living, this spectacular home delivers 1,500 square metres of opulence with a private deck, secure jetty, 10-metre pontoon and direct ocean access.
125A Kent Street, Millers Point, NSW 2000
Resting between The Rocks and Barangaroo, Millers Point is in the very heart of Sydney offering an unrivalled inner-city lifestyle.
Due to its convenience beside the CBD, a population of 1,735 comprises 72.1 per cent childless couples and features a predominant age group of 30-39-year-olds and an average age of 43.
This year Millers Point has maintained a fairly steady median house price across 20 properties sold, recording a growth of 1.6 per cent in June and 1.8 per cent in July. Currently, the median house price sits at A$1,095,000 and the median unit price sits at A$1,935,000.
In 2022, units tended to stay on the market for an average of 37 days compared with 68 days last year.
Offering a unique opportunity in the very centre of Sydney’s thriving metropolis, this tri-level brick and concrete warehouse has rare redevelopment potential for either residential or commercial use.
This property goes to auction on Saturday, November 26.
Article source: Queensland Property Investor