It’s Hamptons heaven in Hunters Hill with room for the whole family
Everyone will feel at home in this residence built for entertaining
Everyone will feel at home in this residence built for entertaining
Modern living places a lot of conflicting demands on families, from meeting educational needs to maintaining social connections in the community. This stylish and spacious home in the desirable Sydney suburb of Hunters Hill makes those tasks just a bit easier.
The newly completed home at 49 Augustine Street has been thoughtfully crafted, with multiple living areas across two floors, including an articulated open plan living and dining area on the ground floor leading onto a comfortable alfresco space and inground pool.
There are five bedrooms and four bathrooms available. Four of the bedrooms are on the upper floor, including the master suite, which has a generous ensuite with double shower and double vanities, as well as a large walk-in wardrobe. Two of the additional bedrooms on this floor have walk-in robes leading onto a shared bathroom, while the third bedroom has a built-in robe and separate ensuite.
Downstairs, there’s a fifth bedroom suite with walk-in robe and ensuite, ideal for guests, adult children or in-law accommodation. In addition to the family room on the upper floor, a separate home office overlooking a central courtyard is perfect for working from home. Downstairs, a separate media room and additional formal dining provide flexible options where a second home office might be required.
The house has been beautifully detailed with wainscoting in the shared areas and dramatic coffered ceilings in the living areas. Presented in neutral tones of grey, it’s the ideal home for putting your personal stamp on.
Address: 49 Augustine Street, Hunters Hill
Auction: 9.45am, December 3
Open for Inspection: 2pm-2.30pm Saturday November 26
Agent: Stephanie O’Sullivan 0419 485 504 or Lee Dowdall 0408 690 921 The Agency, theagency.com.au
Price guide: $5 million
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.
Excluding the Covid-19 pandemic period, annual growth was the lowest since 1992
Australia’s commodity-rich economy recorded its weakest growth momentum since the early 1990s in the second quarter, as consumers and businesses continued to feel the impact of high interest rates, with little expectation of a reprieve from the Reserve Bank of Australia in the near term.
The economy grew 0.2% in the second quarter from the first, with annual growth running at 1.0%, the Australian Bureau of Statistics said Wednesday. The results were in line with market expectations.
It was the 11th consecutive quarter of growth, although the economy slowed sharply over the year to June 30, the ABS said.
Excluding the Covid-19 pandemic period, annual growth was the lowest since 1992, the year that included a gradual recovery from a recession in 1991.
The economy remained in a deep per capita recession, with gross domestic product per capita falling 0.4% from the previous quarter, a sixth consecutive quarterly fall, the ABS said.
A big area of weakness in the economy was household spending, which fell 0.2% from the first quarter, detracting 0.1 percentage point from GDP growth.
On a yearly basis, consumption growth came in at just 0.5% in the second quarter, well below the 1.1% figure the RBA had expected, and was broad-based.
The soft growth report comes as the RBA continues to warn that inflation remains stubbornly high, ruling out near-term interest-rate cuts.
RBA Gov. Michele Bullock said last month that near-term rate cuts aren’t being considered.
Money markets have priced in a cut at the end of this year, while most economists expect that the RBA will stand pat until early 2025.
Treasurer Jim Chalmers has warned this week that high interest rates are “smashing the economy.”
Still, with income tax cuts delivered at the start of July, there are some expectations that consumers will be in a better position to spend in the third quarter, reviving the economy to some degree.
“Output has now grown at 0.2% for three consecutive quarters now. That leaves little doubt that the economy is growing well below potential,” said Abhijit Surya, economist at Capital Economics.
“But if activity does continue to disappoint, the RBA could well cut interest rates sooner,” Surya added.
Government spending rose 1.4% over the quarter, due in part to strength in social-benefits programs for health services, the ABS said.
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.