Hamilton’s Hottest Home Is Up For Grabs
High on the hill, this architectural wonder could be one of Brisbane’s finest.
2 min
Perched on the spectacularly private Hamilton hill, 55 Markwell street is a luxurious three-story residence boasting panoramic views of Brisbane’s CBD.
Designed by architect Shaun Lockyer, the 6-bedroom, 5-bathroom, 4-car garage residence is filled with a raft of resort-like amenities across a 2456sqm plot, only 10 minutes from the CBD and airport.
The main house offers over 1000sqm of living space and is fitted with a heady combination of timber, glass and stone achieving a contemporary aesthetic through floor to ceiling glass doors and windows, lofty ceiling heights and timber panelling.
On the first level, the kitchen well-appointed with Miele appliances, a marble island and is bordered with stonework pylons alongside a walkthrough butler’s pantry. Creating a free-flowing space are connections to the formal dining, casual dining, family room, lounge and outdoor deck area.
Additionally, on the first level is a study alongside four of the bedrooms, three of which come with ensuites.
Throughout the home, the bathrooms are adorned in a combination of limestone tiling or marble benchtops, with the aforementioned timber, stone, glass design trinity referenced.
Up the marble staircase, the upper level sees the master retreat, complete with its own ensuite, boasting twin vanities and ‘his’ and ‘hers’ walk-in robes and more impressive views.
The lower level of the home sees a private squash court, games room, personal gym, theatre and cellar, along with a laundry and yet another bathroom.
Built to entertain, the deck area and backyard host an outdoor kitchen, complete with barbecue, pizza oven, sink, built-in refrigeration and fire pit. There’s also a jaw-dropping 21-metre heated lap pool complemented by a spa and sauna.
On the technology front, the home is fitted with a C-bus lighting system, multi-zone security system with cameras and a Sonos sound system.
The residence also offers a separate fully self-contained one-bedroom cottage for the housekeeper or guests.
The listing is the Ray White New Farm’s Matt Lancashire (+61 416 476 480). POA
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 insurance premium gap between flood affected and non-flood affected homes is significant
2 min
Climate change is already affecting home values due to the impact of more severe weather events and rising home insurance premiums, and the cost of building is likely to rise as regulatory changes designed to enhance climate resilience alter building codes and zoning laws, according to a new report.
The National Housing Supply and Affordability Council describes climate change as an emerging trend that is raising the cost and complexity of supplying more housing. In its newly released State of the Housing System report, the council discusses how climate change is reducing the value of some homes when major weather events cause flooding or other natural disasters.
“The price differential between flood-affected and non-flood affected homes has been estimated to be up to 35 percent a year after a flooding event,” the report says. “Furthermore, the RBA estimates around 7.5 percent of properties are in areas that could experience price falls of at least 5 percent due to climate change by 2050.”
More than one million households are struggling to afford home insurance, and rates of non-insurance are increasing due to the cost. For example, the Australian Competition and Consumer Commission estimated that 40 percent of homes in Northern Western Australia were uninsured in 2020.
“Climate change is causing home insurance premiums to rise across Australia, adding to already elevated housing costs. Homeowners in areas considered at–risk of natural disasters are expected to see insurance premiums rise further or have difficulty obtaining insurance due to heightened risks.”
More frequent and severe weather events such as cyclones and bushfires, as well as coastal erosion and flooding from rising sea levels, present risks to housing safety. More than 3,000 homes were lost in the 2019-20 bushfire season, causing $2.3 billion in insurance losses. The report says the predicted direct cost of natural disasters to the economy and housing will be $35.2 billion per year by 2050.
Climate change and net-zero targets could raise the cost of building new homes, the report says. “Regulatory changes to enhance climate resilience will alter building codes and zoning regulations.
Developers facing higher compliance costs may have difficulties meeting updated standards, potentially delaying or reducing housing availability.”
However, the report says the increased cost of building a home with climate-resistant materials and eco-friendly features is more than offset by lower energy costs over a property’s lifetime. The current minimum energy efficiency requirements within the National Construction Code are estimated to deliver a household–level benefit-to-cost ratio of 1.37, according to the report.
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.
