Of all the homes buyers could choose, this is the type Queenslanders want the most

first_imgPopular suburbs for “ideal house’’ searches. Supplied: realestate.com.auREA Group chief economist Nerida Conisbee said the figures showed that many people still aspired to the dream of owning a quarter acre block.She said with rising house prices they were prepared to live in suburbs further out to secure what they wanted.“There’s a perception that everyone wants to live in the city, but the reality is people are willing to make trade-offs to find their perfect home,’’ she said.Ms Conisbee said most buyers had only a set amount they could afford.“The fact that it’s getting more expensive to live in inner urban areas means more people are willing to compromise on location for a bigger block of land and a bigger house.’’Ms Conisbee said those who were looking at inner city areas needed to accept that there would be higher prices, particularly for houses. Upper Coomera is popular with house hunters. This home at30 Wolseley Way is listed for $520,000 – $560,000. Picture: realestate.com.auMore from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Realestate.com.au analysed the traffic on about 102,000 “highly engaged’’ housing listings to see what people were looking for.The Queensland suburb potential buyers most searched for this type of home was Buderim on the Sunshine Coast.But with a median house price of $615,000 for Buderim, buyers may be left having to fork out a little more than they originally hoped.Other popular suburbs in Queensland where buyers searched for their “ideal house” criteria where Upper Coomera, North Lakes and Forest Lake. Buderim was the Queensland suburb where many buyers searched for their ideal house. Is is this one? This four-bedroom home at2 Montage Court is listed for $670,000. Picture: realestate.com.auOF all the different types of homes buyers could choose from, if you offering one like this for sale, you are sure to find a buyer.New research has revealed Queensland’s ideal house and it appears our tastes are pretty simple.The most searched for type of house according to realestate.com.au is a four-bedroom house with a two-car garage, two bathrooms and 708sq m of land.Searchers are generally looking at a median house price of $520,000 to buy this.That’s a big come down in spend from April last year, when searchers were looking to spend a median of $650,000 and were after the same house on a smaller 665sq m block.last_img read more

Read More »

These are the suburbs where properties sell the fastest

first_imgMyles Conquest who is fixing up the former family home at Keperra to list for sale. Picture: Mark CallejaHOUSES are hitting the market in larger numbers again and buyers are out hitting the opens trying to snare their home of their dreams.But if you want to buy in one of these suburbs you might want to be ready to move quickly.According to CoreLogic figures in some suburbs homes change hands so fast, if you don’t act quickly you’ll miss out.Keperra has the shortest average time on market for houses than any other suburb in greater Brisbane. On average houses are only listed for ten days before they find a new owner.Christine McKay of Harcourts Solutions said that had been the case in Keperra for about two years now.“Last year it was even faster,’’ she said. “We are within a 10km radius of the city, there is very good infrastructure in the area, we have got good schools, doctors, pathology, all the medical facilities, good supermarkets. Great Western Shopping Centre, Keperra. Picture: Richard WalkerMore 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 ago“It’s all older housing. There are two sides to Keperra, there is what they call the older side which is down near the railway line and surprisingly enough the young ones are absolutely loving the post war homes.“When I started in the industry 15 years ago, these houses were selling for around $80,000 to $90,000. That same house today in exactly the same condition is selling for around $450,000 plus. If it is has been renovated for the same house they are paying the mid $500,000s to the $600,000s. And on the other side you have got your brick homes, a lot of the houses in there are 25 to 30 years old.’’Also selling quickly are units in Mansfield with an average time of market of just 12 days.Houses at Middle Park in the western suburbs sell within an average of 13 days and houses in Algester, Ferny Hills and Chermside West have an average of 14 days.The CoreLogic figures reveal there are 20 suburbs within the greater Brisbane area which have an average of less the 20 days on market.Myles Conquest and his wife Jayne, bought their Keperra home in 2007 and the plan was it would be their “forever home’’.But job circumstances put paid to that and with the couple now living interstate with their three daughters they have made the decision to sell.“It had everything that we wanted, it was close to good schools, close to train stations, it had a park at the end of the road, golf course up the road, shopping centres that were being opened and it’s a young and vibrant little community down there,’’ he said.“It’s just a good spot to bring up kids and that’s what we really wanted, that family home that we would expand on and build under and keep going up and up and up.’’Mr Conquest said they spent a lot of time on the gardens and maintenance and he was giving it a fresh coat of paint now in preparation for sale.“I just love the old cottages, they are just beautiful cottages.’’The home at 8 Doorey St, Keperra has been listed through Ms McKay.last_img read more

Read More »

New York real estate guru Leonard Steinberg shares his journey from fashion to property and how to succeed in both gigs

first_imgReal estate guru Leonard Steinberg will speak about the New York property market at AREC 2017.He made waves through the industry three years ago when he announced his defection from Elliman to Compass — a tech-centric real estate start-up with 60 employees.It now has 1600 staff and 30 offices across the United States. “Real estate’s a walk in the park next to fashion,” he said.“Think of fashion as vegetables. You make fashion and it’s perishable because after a few weeks it becomes stale. “Real estate has a much longer lifespan.”Both professions do have one thing in common in his view — entrepreneurship.“You have to think like an independent small business,” he said.“It’s not just about selling a pretty dress or an apartment. You have to look at finance, marketing, etc. “If you think of those components every single day you’ll have a successful career. It’s taken me 52 years to learn that.”Mr Steinberg’s goal as president of Compass was to make it a movement within the industry, not just a company.“There is an old fashioned way of doing real estate and there’s the new way, and the best is the blending of both, where you embrace all the traditional things real estate brokerage entails but also embrace the new world that we live in,” he said.In his segment at AREC 2017, titled The Gentleman’s Guide To New York Backstabbing Brokerage, Mr Steinberg will explain why most people see New York real estate agents in the worst possible light.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoReal estate guru Leonard Steinberg will speak about the New York property market at AREC 2017.Mr Steinberg believes consumers hate two things about real estate agents — paying them commission and bad behaviour.“There’s some really bad behaviour in our business,” he said.“But if you have a company that doesn’t let any of those agents in then you have added value to the equation.”He recalls a time when a speaker at a previous employer’s annual meeting referred to the company’s top real estate agents as ‘killers’.“At that point I made a vow that if I ever achieve success in this business, I don’t want it to be because I’m a killer,” he said.“I’m not proud of much in my career, but the one thing I will boast is I am the poster child for being a real estate agent in New York and actually being honest and ethical and kind and decent. “I can wake up in the morning, look in the mirror — I don’t like what I see — but I can look in the mirror and feel good about myself.”Mr Steinberg will also share his tips on what’s driving the New York property market.One of the New York real estate market trends Mr Steinberg will share at AREC 2017 is the emergence of the lazy buyer.“They want to walk in to an apartment or home and it must be beautiful,” he said.“For the consumer today, we’re seeing a common thread of people who don’t want to do the big renovation.”The other key selling point is ease — anything that makes life easier and saves time for the buyer because, he points out, “time is a luxury”. “The global nomad is spoiled by the service you get in a hotel and then they get home and miss it.” Real estate guru Leonard Steinberg will speak about the New York property market at AREC 2017.He’s worked with a long list of powerful people, from Oscar winners to global financial leaders, although refuses to reveal names.He also sold and helped develop one of New York’s most iconic residential buildings — 200 Eleventh Avenue in fashionable West Chelsea.Designed by famed architect Annabelle Selldorf, it features a garage in the sky — no doubt what attracted Nicole Kidman and Keith Urban to the building.In fact, the star couple were Mr Steinberg’s neighbours until he moved out recently.But success hasn’t come easy.Mr Steinberg suffered a setback early in life when he was lucky to survive a car accident that left his face disfigured.“For two years my head was a big bloated elephant man mess,” he said. “It taught me to reapply myself.” “I entered the biggest fashion competition in South Africa in the young designer section and I won.”He moved to New York in the mid-1980s where he worked as a designer at Victor Costa then Christian Dior, before starting his own company, Julie & Leonard.The label was a success, selling in high-end department stores Bergdorf Goodman, Neiman Marcus and Saks.A decade later, Mr Steinberg kicked off his real estate career at the Corcoran Group before moving to Douglas Elliman in 2001. New York high-end real estate agent Leonard Steinberg will be speaking at AREC 2017.ASK Leonard Steinberg what he attributes to his success and the answer might surprise you.“It’s my fake British accent.”“In America people love British accents.”In truth, success hasn’t come easy for the South African-born fashion designer turned real estate guru, who will be in the country in May to share his story at the Australian Real Estate Conference 2017 on the Gold Coast.At an age where most people are just finding their feet, Mr Steinberg went through an early midlife crisis.He was 30 years old, and after several years of surviving in the cutthroat fashion industry, he’d had enough. “I loved fashion but fashion was killing me,” he said.He tried his hand as a musician, albeit “a really bad one”, before switching to another tough gig — selling real estate. And he’s never looked back.The president of New York residential real estate firm, Compass, has marketed many of New York’s most luxurious buildings and sold over US$3 billion worth of property in a career spanning two decades.center_img Real estate guru Leonard Steinberg will speak about housing affordability at AREC 2017.When it comes to the housing affordability debate raging here in Australia, he believes New York is similar to most large global cities — including Sydney — where strong demand and short supply is pushing up property prices.“There’s only one solution to affordable housing globally — you have to build a lot of real estate,” he said.“If you aren’t building enough property, the prices go up.”And he has some blunt advice for first home buyers: buy your first home, not your dream home. “We have a generation who are not used to making sacrifices,” he said. “A lot of millennials want instant gratification.“If you want to live in a big expensive city you have to get your foot in the door and you also have to compromise.”Who is speaking at AREC 2017?International keynote speakers include:*Chris Voss*Bob Wolff*Robert Cialdini…and many more Australian real estate industry identitiesThe Australian Real Estate Conference will be held on the Gold Coast on May 28-29. For more details, or to register for AREC 2017, visit www.tret.com.au or call 1800 335 336.last_img read more

Read More »

A home with strong rugby union credentials has hit the market again

first_imgThe home once owned by rugby union player Quade Cooper.AUSTRALIAN rugby star Quade Cooper’s second home has come back on the market, two years after he flipped it for $1.6 million.The five bedroom, three bathroom, two car garage house at 8 McDonald Street, Hawthorne, has seen some major changes happen in that time, as Brisbane’s southside saw a boom in interest.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 Queensland Reds’ player’s old backyard still has the “one of a kind” basketball halfcourt complete with custom graffiti art that he loved.But there is no doubting how much the area has surged with new neighbours in what used to be a vacant block off his backyard.The home was sold by Cooper in July 2015.The property is set to go to auction at 12.30pm on June 8.Agents Amaya Brookman and Darcy Lord of Place — Bulimba have the property open for inspection from noon to 12.30pm today.last_img read more

Read More »

1960s beachside home on Mermaid Beach has sold for more than a million

first_img15 Hilda St, Mermaid Beach.“The property at 15 Hilda St was really popular because it has a wide frontage and is only a walk to the beach.“The previous owner bought it purely for an investment about a decade ago.”Mr Henderson said the home has a 14.25 metre frontage which creates perfect street appeal for any development on the block. 15 Hilda St, Mermaid Beach.THIS 1960s beachside home is one of the very few left at Mermaid Beach and it has just sold for a mind-boggling $1.575 million.The four-bedroom, two-bathroom home is located on a 438sq m block and was never lived in by its previous owner. 15 Hilda St, Mermaid Beach.Luke Henderson from the Professionals John Henderson Real Estate negotiated the sale and said there was a dozen homes like it left in Mermaid Beach. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North7 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“A family from Broadbeach Waters bought it and they plan to knock it down and build something in the next 12 months,” Mr Henderson said.“There are roughly a dozen or so 60s shacks left, people are realising the potential in them and the potential in the blocks they are sitting on.center_img 15 Hilda St, Mermaid Beach.“We are fast running out of older style properties on the beachside and buyers should move quickly to secure their dream site for the future,” he said.“There are only three streets in the area that provide larger blocks and wider frontages and this is one of the best beachside streets.”last_img read more

Read More »

Brisbane’s $2 million suburbs

first_imgCoreLogic research has revealed the rapid rise in $2 million-plus sales in some Brisbane suburbs.The research prepared by CoreLogic exclusively for The Courier Mail identified Brisbane’s top suburbs for $2 million-plus property sales.Yeronga, Paddington and Bardon were all standouts, with a tripling of sales above the benchmark.CoreLogic head of research, Cameron Kusher, said it showed blue-chip real estate had proved resilient in our city.“Despite fairly lacklustre growth in Brisbane over recent years, these areas have been experiencing strong demand which has pushed up the cost of housing,” Mr Kusher said.“I think the affordability relative to Sydney and Melbourne is a growing part of the attraction for housing in these areas as well,” he said.Place West director, Andrew Degn, said top-end buyers were getting used to $2 million properties, with $1-million-plus land sales also the norm in top-notch addresses.“They’re building brand new homes which cost $1 million-plus to build, so the (total) replacement is $2 million-plus,” he said.Mr Degn said local, interstate and overseas-based buyers he dealt with felt the only way was up for quality property in desirable addresses.He said there were must-have elements for a $2 million home in suburbs such as Paddington.“North/northeast aspect and walking distance to the main (retail) strip. They all want a view of the city, five-bedrooms, two-car accommodation and the pool — that’s the minimum.”Mr Degn said renovations were also fuelling the boom.“If they’re buying a moderate home in a good street and everyone else is renovating and ultimately selling those homes for higher numbers, they feel very secure.”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 investor3 hours agoMatthew and Chaya Haynes are selling their home at 65 Prince St, Paddington with an expectation of more than $2 million. Chaya and Matthew Haynes, and two-year-old Benji, in the loungeroom of their renovated Paddington home which they are looking to sell in the rising $2 million-plus sector in their suburb. Photo: John GassBRISBANE’S high end real estate market has grown up with new figures revealing more house sales have breached the $2-million price barrier.New figures revealed five suburbs where the proportion of $2 million-plus property transaction doubled in 2017 compared to 2016. 65 Prince Street Paddington Brisbane is on the market in Brisbane’s growing $2 million-plus price sector.The home was extensively renovated to include five-bedrooms, a massive kitchen, double garage, inground pool, extensive landscaping and city views.“It combines the character of an old house with the feel of a modern house,” Mr Haynes said.Mr Haynes said the family love spending time on their back deck just gazing across the suburb.“Sitting out here on a Sunday afternoon and having fish and chips for dinner, its really pleasant. It’s actually very quiet despite the fact we’re so close to the city,” he said.“Occasionally you can hear Suncorp Stadium and the crowd, but really you wouldn’t know how close you are to the city given how quiet it is.”The couple bought their home in 2012 and despite spending hundreds of thousands of dollars completing the renovation, Mr Hayne said they had no fear of overcapitalising.“We pretty much had to gut the house anyway to rewire, that was a reason to put it back together.”center_img There are “must have” elements to $2 million-plu homes in Paddington.Mr Hayne believed renovations were driving the $2 million boom in Paddington.“It’s just relentless. As a matter of course, any property that’s not done up now is really just an investor sitting on it and waiting until the time is ripe because it is prime real estate mostly,” he said.“I can see two houses underway from my back deck … there’s utes everywhere because they’re (property owners) all doing something.”Mr Hayne said as a resident, it’s easy to understand why his suburb has seen strong price growth with its easy access to lifestyle facilities, the CBD and transport infrastructure.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

Read More »

Print ads earn nod

first_imgReal Estate television personality Andrew Winter at The Ville. Picture: Evan MorganREAL estate television personality Andrew Winter says print advertising is still crucial in marketing properties for sale.Mr Winter who features on shows such as Love it or List It and Selling Houses Australia was in Townsville on Wednesday to talk to real estate agents about the benefits of print advertising.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 2020While hosting a luncheon at The Ville, Mr Winter said it was a myth that print advertising wasn’t effective in a digital world.He said most house hunters buy properties vastly different from what they were originally searching for and print advertisements were crucial for targeting passive buyers who may not realise a particular property or area is what they have been searching for.“In my experience the buggers never buy what they started out looking for,” Mr Winter said.“That is where the passive buyer comes in and that’s where print can still work.”Mr Winter said newspapers were a good place to start as they were widely read.“Advertising is a form of marketing and it is only a waste of money if it’s targeting the wrong areas,” he said. “The beauty about the property supplement here and in other local areas is that is probably the one place people would be looking (for property).”last_img read more

Read More »

Land grab prompts developer to boost stocks

first_imgSet on 378 hectares and located in the heart of the Sunshine Coast, Harmony by AVID Property Group will deliver more than 4,800 homes for 12,000 future residents, 100 hectares of open space and a 15,250 GFA Town Centre.Unprecedented demand for land at a Sunshine Coast residential project has prompted the developer to launch its fourth release in less than 12 months.Harmony by AVID Property Group, which is located at Palmview, recently released a further 68 lots – the fourth release since the first lots were launched in February last year.AVID Property Group Queensland general manager Bruce Harper said residential property demand was surging in the region.“And as prices continue to rise, buyers are increasingly looking for affordable land options in desirable locations,” Mr Harper said.“This latest release sits within ourProsperity neighbourhood, with blocks starting from $220,600 and ranging from 250sq m to 450sq m.”More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoMr Harper said their $3 billion Harmony development had been 10 years in the making, and had achieved many milestones during its first year of construction. Its first residents moved in just before Christmas.“In June, we officially opened the gateway to Harmony – Peter Crosby Way – which will service 12,000 future Harmony residents and those in neighbouring communities,” he said.“In September, we opened our Sales and Information Centre and welcomed Harmony’s first cafe, KAI Coffee.“And our biggest achievement to date has been the development and launch of Harmony Display World in November last year.”Mr Harper said he did not expect the lots to remain on the market for long.“The Prosperity neighbourhood is ideally placed between a tree-lined creek and the grand linear park,” he said.“The park, which is set to open this year, is the first (of its kind) in Queensland and, once complete, will span more than five hectares and run the length of 10 football fields through the community. The innovative design means that all residents will be within walking distance of the park when the community is complete.”last_img read more

Read More »