PROPERTY OF THE WEEK: 5 Hume Avenue, Wentworth Falls
2 min
Wentworth Falls and its environs are some of the most sought-after regions in the Blue Mountains. Known for its resplendent beauty and historic charm, the suburb offers an idyllic lifestyle that many dream of. With its serene environment, easy access to amenities, and rich history, it’s a location that offers both convenience and tranquillity.
This property at 5 Hume Avenue, known as “Ryeworth”, offers a rare opportunity to own a piece of history. This stunning north-facing, high-set, single-level, circa 1879 character cottage is steeped in local history and embodies everything you love about mountain retreats.
The first thing to be noted about this historic four-bedroom, three-bathroom cottage is its meticulous preservation and modern updates, which create a harmonious blend of old-world charm and contemporary comfort. Privately set on an enormous 2,666sqm block, the property is approved for sub-division, offering future owners the potential to create additional living spaces or even new homes on the land.
Elegantly appointed living spaces include two king-sized bedrooms with fireplaces, the primary with an ensuite. The formal lounge and dining rooms each feature their own fireplaces, adding to the home’s antiquated appeal. The third bedroom includes a built-in robe, and the home also boasts a generous kitchen and family bathroom. At the rear, the fourth bedroom, third bathroom, and laundry provide versatile living options.
The home’s features are a testament to its period allure: a timber-panelled country-style kitchen with a feature original wood-fired cooker, quality stainless steel appliances with natural gas cooktop, and a walk-in pantry. Central heating, a wood-burning combustion fireplace, and three open fireplaces ensure comfort throughout. Gorgeous period features include soaring 10.5-foot ceilings with ceiling roses and ornate cornices, timber floors with tall skirtings, chair rails, timber windows, leadlight and French timber doors, pull cord lights, and federation brass switches.
The front bullnose veranda is the perfect place to relax and watch the world go by, while the large rear undercover area is ideal for family BBQs and entertaining friends. The established gardens are easy to maintain, and the grassy 2,666sqm fenced yard with two street frontages (rear vehicle access via Fitzstubbs Ave), double carport, and two garden sheds, approved for sub-division (1300sqm & 1366sqm lots), offers a myriad of possibilities.
For those who have been searching for the right home opportunity, “Ryeworth” could signal the end of your search. Located in one of Wentworth Falls’ most picturesque and sought-after streets, it’s a historic gem with modern conveniences.
—
Address: 5 Hume Avenue, Wentworth Falls, NSW
Price guide: On Request
Agent: Glen Power (0413 330 949)
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
The Westpac-Melbourne Institute Consumer Sentiment Index slipped to 84.6 in September from 85.0 in August
< 1 min
SYDNEY—Australian consumer confidence fell in September amid concerns about job security as economic growth slows to a crawl.
The Westpac-Melbourne Institute Consumer Sentiment Index slipped 0.5% to 84.6 in September from 85.0 in August.
While cost-of-living pressures are becoming a little less intense and fears of further interest rate rises have eased, consumers are becoming more concerned about where the economy may be headed and what this could mean for jobs, said Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan.
Consumers remain concerned about rising inflation, which is stoking concerns that interest rates may rise further, Hassan added.
The report comes a week after data showed the economy barely registered a pulse in the second quarter as consumer spending dropped sharply.
On-year GDP growth in the second quarter was the weakest since the early 1990s, excluding the pandemic years.
At the same time, the Reserve Bank of Australia continued to signal that interest rate cuts are unlikely in the near term, while adding that under certain circumstances a further hike in interest rates may be needed.
The RBA remains concerned about price growth, with core inflation remaining stubbornly elevated at nearly 4.0% on year in the second quarter.
Still, while consumers are downbeat, economists expect spending to regather momentum over coming quarters as income tax cuts delivered in July boost household budgets.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
