Five Rural Estates To Own
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Five Rural Estates To Own

Escape the rat race with one of these sprawling country retreats.

By Terry Christodoulou
Mon, Mar 15, 2021 5:55amGrey Clock 3 min

The well-documented escape to the country continues unabated – metro dwellers looking for something more given ascendant city prices and COVID’s forced rethink on space and the traditional working week.

Here, we cut through the dross to deliver five standout escapes from across the country.

 

Olio Milo Estate, Pokolbin, NSW

Olio Milo represents the pinnacle of Hunter Valley living. The country estate features a 25.5-hectare vineyard and olive grove, including a small olive oil and wine business.

Elsewhere, the southern European styled six-bedroom main residence is accompanied by magnificent grounds, while a two-bedroom guest house, managers cottage and olive processing plant round out what is an exceptional and unique offering.

POA; Cullenroyle.com.au

 

5 Blake Court, Mount Samson, QLD

Courtesy Innov8 Property

Situated in a breathtaking location — with views of the hills and beyond — this impeccable residence is a combination of Hamptons and contemporary Queenslander, with soaring ceilings and beautiful timber adornments.

Beyond the two-hectares of land and jaw-dropping pool, the five-bedroom, four-bathroom, four-car garage pile offers impeccable ‘granny flat’, cinema room, Smeg, Miele and Liebherr appliances and a raft of smart home gadgetry.

POA; Innov8property.com.au

 

534 Donaldson Road, Ancona, VIC

Donaldson

‘Hayfield Rise’ is an incredible take on high-country architectural modernity, situated in Victoria’s impressive Ancona Valley.

Sat on 20 hectares, the home’s s four pavilions, five bedrooms and four bathrooms offer space, light and designer flourishes at all turns.

The home – which also wraps around a central pool – is characterised by the use of recycled timbers, concrete, stone and galvanised iron, touching on the past and also developing a unique, modern narrative.

The gardens, by acclaimed landscape designer Paul Bangay, surround the house and include fruit tree orchard, rose garden, perennial garden beds and more.

POA; Mcgrath.com.au

 

 

3383 Chittering Road, Chittering, WA

This is a majestic and modern 1000sqm home perched on a rise that allows stunning views across the Brockman River Valley.

The single-level house – which rests on 61-hectares – boasts five-bedrooms, three-bathrooms and room for 14 cars. Yes, 14. Floor to ceiling windows dominate, so too the use of cedar and Toodyay stone.

Wrapped around a luxury 25-metre pool, it’s outside you’ll also find an LED floodlit tennis/basketball/netball court, with an all-weather surface and fully enclosed cricket pitch as well as large, undercover playground area.

Located in the hills outside Perth — meaning trips to the ‘big smoke’ remain an option whenever needed.

$4,750,000; ljhooker.com.au

 

71 Sand Road, Jupiter Creek, SA

Courtesy: Dee-Anne Hunt

A heady combination of privacy, luxury and functionality, ‘Bandarrah’ provides the best in country living.

The expansive 574sqm residence offers six living spaces, five-bedrooms and three-bathrooms and is set across 21.85-hectares. There’s also designer pool and impressive entertainer’s pool house.

Set up for horses with 16 paddocks and four holding yards, the shedding complex will prove attractive to any serious car collector or those seeking a solid workshop.

While you won’t want to leave – Adelaide remains an easy 35-minute meander.

POA; Williamsproperty.com.au



MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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Deloitte Access Economics Partner David Rumbens said the surge in business insolvencies this year was a “clear sign of economic distress”.

He commented: “[ASIC] predicts that by the end of the financial year, the number of companies entering external administration will likely exceed 10,000 – a level not seen since 2012-13, in the aftermath of the Global Financial Crisis (GFC).”

Mr Rumbens said the elements contributing to this year’s surge in insolvencies include high inflation and interest rates, weak consumer spending, and the commencement of more proactive tax debt collection activities by the Australian Taxation Office (ATO).

“One of the key factors contributing to this surge in insolvencies is the [ATO] pursuing debts that were previously put on hold during the COVID-19 pandemic,” he said.

Mr Rumbens cited ATO figures showing collectable debt rose 89 percent in the four years to June 2023. This has particularly impacted small businesses, which account for approximately 65 percent of the total debt owed at about $33 billion. “But more strictly enforced debt collection is coming at a time of tough economic conditions. High interest rates and cost-of-living pressures have weakened consumer spending, particularly in more discretionary components of spending.”

The construction sector has seen the highest number of insolvencies by far in FY24, mirroring the trend of FY23. Of the 9,988 insolvencies to date, 2,711 of them are in the building sector, which faces several challenges. These include a substantial lift in the cost of construction materials that is well above inflation and has made many fixed-price contracts signed within the past few years unprofitable. There is also a significant labour shortage that is delaying new home completions and new project starts, and also adding higher costs to projects.

“The construction sector has been hit particularly hard, with construction firms leading industry insolvencies in every quarter since mid-2021,” Mr Rumbens said. “They have accounted for approximately 25 percent of all insolvencies during this period. The residential construction sector is already facing a backlog of projects to complete as a result of skills and material shortages in recent years, and increased insolvencies in the sector may only exacerbate the problem of housing shortages.”

The ASIC data shows the next biggest industry affected is ‘other services’, which includes a broad range of personal care services such as hair, beauty, dietary, and death care services. The sector has seen 939 insolvencies in FY24. Retail trade is next with 687 insolvencies, followed by professional, scientific and technical services with 585 insolvencies.

“The food & accommodation sector has also experienced a wave of insolvencies. High input costs, worker shortages, and weak consumer sentiment have put pressure on businesses. Specifically, in March, cafés, restaurants, and takeaway businesses accounted for 5.5 percent of total business insolvencies, the highest proportion in the last three years.”

Mr Rumbens pointed out that while the number of insolvencies was high, it represents a lower share of the business sector at 0.33 percent than it did in FY13 when it was 0.53 percent. “This reflects the increase of registered companies in Australia, which has risen from just over two million to 3.3 million since 2012-13. Even so, the continued lift in insolvencies since 2021 highlights the difficult conditions many businesses face at present.”

 

 

MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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