RE/MAX agent Claire Uttley has blown the Bribie Island record out of the water with her latest sale. The Banksia Beach home sale surpassed the existing $2.7 million island record by almost $2 million. The property, Kwilena, was named the 2018 home of the year in the Queensland Master Builders awards. It had been on the market for about a year, with a $4.99 million asking price. The Seaside Drive house, which looks out to Pumicestone Passage, was bought by people from NSW. The sale was assisted by buyer agents Ryan Haller and Klein Hunter. All four recent Bribie Island sales above $1.85 million were waterfront two-storey homes with pools and four or five bedrooms. The area is an hour from Brisbane and an hour from the Sunshine Coast, and is connected to the mainland by an 835m-long bridge. Banksia Beach’s previous record price of $2.7 million was set in 2006.
BRIBIE ISLAND, QLD
CRONULLA, NSW
ASCOT, QLD
Designer touch
Sydney’s Cronulla has become a downsizers’ haven, with a ready made pathway from the waterfront to developments targeting empty nesters with larger apartments. The latest block, Oasis, has just 11 apartments, with the two-level penthouse listed for $15 million. There have been six waterfront sales above $4 million in the Sutherland LGA in the past four months, not including a $6.5 million sale of a block of land in Sylvania Waters. The latest listing is a Gunnamatta Bay beachfront, selling for the first time since its 2004 construction. The Nicholson Parade home, last traded for $2.36 million in 2000, sits on 1105sq m with lawns leading to a sandy beach. It has four bedrooms, three bathrooms, a home office with its own adjoining meeting room and a rumpus room with a kitchenette. Ahead of its March 24 auction, Highlands Property agents Laura McKay and Mitchell Wynn have been offering comparables ranging between $7.3 million and the big $10.3 million sale in 2017.
MARCH 13-14, 2021
| THE WEEKEND AUSTRALIAN
A renovated Queenslander in Brisbane’s blue chip suburb of Ascot has sold after just five days on the market for $5.408 million. JerseyCo Design has restyled the original 1920s floorplan since it last traded for $2.28 million in 2013. The Inverness Street home now features a Wyer + Craw kitchen, French oak and hoop pine timber flooring, handpainted Belgian and Moroccan imported tiles, and Zoffany and William Morris wallpaper. The open-plan living and dining space, and fitted home study, open to a deck that meets the 1620sq m of productive gardens that feature a pool. The lower level of the home features a rumpus room with a kitchenette, two of the five bedrooms, a theatre and a wine cellar. The entertainer sold through Ray White New Farm agents Matt Lancashire and Patrick Goldsworthy. After 68 house sales in 2020, realestate.com.au says the median house price sits at $1.448 million, with Ascot having seen a compound growth rate of 2.9 per cent for houses over the past five years.
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