Lilyfield's Latest Lavish Residence Hits The Market
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Lilyfield’s Latest Lavish Residence Hits The Market

Elevated living in a tightly held Sydney locale.

By Terry Christodoulou
Sun, Jan 17, 2021 11:41pmGrey Clock 2 min

Located in one of Lilyfield’s most sought-after streets, 18 Chapel Street presents a bold new residence.  Designed by Simon Vaughan Architects and interiors by MXM Design Studio – and built by award-winning boutique building team, Micrah Projects – the new development brings high-end luxury across a dual-level floor plan.

The 4-bedroom, 3-bathroom, with lock-up garage residence sees imported Spanish porcelain tiling underfoot (with underfloor heating on the ground floor), high ceilings, galleries of glass and architectural skylights creating an airy light-filled space.

Further, the interiors – styled by Coloured Pencil – see a lavish kitchen as the centrepiece of the home, fitted with Manhattan marble benchtop and island, Zip hot water unit and integrated refrigerator with an outlook to the garden.

Elsewhere, the home sees flexible, fluid living courtesy of the architectural curves of the living and dining space fitted with a showcase fireplace. A separate family room offers built-in cabinetry and a comfortable space to retreat.

The residence is replete with four luxury bedroom suites all fitted with built-in robes while a study offers a built-in desk with brass inlays and LED strip lighting.

The master bedroom boasts ‘his’ and ‘hers’ robes, built-in bedside tables and a timber panelled feature wall. Here, the master also holds an ensuite, arriving with Manhattan marble – coordinating with the kitchen – and underfloor heating.

The other bathrooms follow suit with the same marble adornments and underfloor heating.

Outside, an expansive covered rear alfresco terrace sees a custom Cedar built-in barbeque and preparation area ideal for entertaining. In addition to the above, a central courtyard with established garden and spotted gum hardwood timber decking is also offered with great connection to the indoor spaces. It also doubles as a garage.

The residence is nearby to the bay and parklands, weekend markets, bus and light rail to Sydney CBD.

The listing is with Cobden & Hayson’s Ben Southwell (+61 407 896 212) and is set for auction on 13 February 2021 on-site. Price guide $3.3m.

ch.com.au



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Australia’s top 10 most affordable regional property markets investors should watch

Whether you prefer the country or the coast, there are plenty of east coast options for cashed up buyers

By Bronwyn Allen
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There are 10 local council areas scattered along the East Coast of Australia that offer both affordability and solid fundamentals for sustainable future growth, according to the research team at residential property network, PRD. The areas have been selected based on five criterion. They are affordability – defined as a median house price below $600,000, rising house values, strong rental yields to encourage investment, a strong pipeline of residential, commercial and infrastructure projects to facilitate local economic development, and low unemployment.

Here are Australia’s 10 most affordable regional property markets with great future potential.

Mackay, QLD

Mackay is a tropical coastal area located in north Queensland. It’s known for its closeconnection to the Great Barrier Reef. The median house price is $462,750, up 8.9 percent in 2023. Mackay attracts a lot of interstate migrants and is home to more than 120,000 people. It has a healthy economy with an unemployment rate of 3.7 percent and $1.7 billion worth of projects due to commence this year.

Toowoomba, QLD

The Toowoomba median house price was up 10.9 percent in 2023.

Toowoomba is located west of Brisbane and is known for its Victorian buildings, street artand surrounding national parks. The median house price is $560,000, up 10.9 percent in 2023. The city has a population of more than 180,000. The unemployment rate is 4 percentand there is $6.1 billion in projects commencing in 2024.

Townsville, QLD

Townsville is a coastal city in north-eastern Queensland. The median house price is $420,000, up 5 percent in 2023. It is home to more than 200,000 people. Unemployment is very low at 2.5 percent and there is $3.2 billion of projects commencing this year.

Dubbo, NSW

Dubbo is located west of Newcastle in the Orana Region and is home to the Western Plains Zoo. The median house price is $530,000, up 11.6 percent in 2023. The population has exploded in recent years to more than 56,000 people. The unemployment rate is just 2.2percent and the economy is thriving. There is a pipeline of $4.7 billion in projects commencing this year.

Tamworth, NSW

Located in north-east NSW, Tamworth is known for its popular annual Country Music Festival. It’s also the largest retail centre for the New England and Northwest Slopes regions. The median house price is $490,000, up 14 percent in 2023. With a population of more than 65,000 people, the economy is strong with unemployment of just 2 percent and $112.4million worth of projects commencing this year.

Griffith, NSW

Located west of Sydney and northwest of Canberra, Griffith is known for its prime produce production and wine cultivation. The median house price is $531,000, up 2.1 percent in 2023. Griffith’s population is about 27,000 people. The city boasts high economic resilience with a 2 percent unemployment rate and $258.7 million in projects in the pipeline.

Ballarat, VIC

Ballarat, Victoria

Ballarat is a 1.5hour drive west of Melbourne. It’s popular with city commuters who move here for housing affordability and a relaxed lifestyle with easy access to the city via train. The median house price is $570,000, down 4.2 percent in 2023 but up 92.9 percent over the past decade. The city has the third highest population in Victoria at about 118,000. Ballarat has an unemployment rate of 3 percent and a total projects pipeline worth $2.3 billion for 2024.

Shepparton, VIC

Shepparton is a rural area about two hours north of Melbourne. It is popularly referred to as the food bowl of Australia. The median house price is $475,000, up 4.4 percent in 2023. The population is about 70,000. The unemployment rate is just 2 percent and there is $1.8 billion in projects for 2024.

Wodonga, VIC

Wodonga is located on the border of NSW on the southern side of the Murray River. It is approximately 320km from Melbourne and 345km from Canberra. The median house price is $567,250, up 4.7 percent in 2023. With a population of about 44,000, the city’s jobless rate is 3 percent and there is $388.2 million in development set to commence in 2024, primarily new infrastructure.

Burnie, TAS

Burnie is a bustling port city located in Emu Bay in Tasmania’s north-west. Overlooking beaches and parklands, the area is known for its rich agriculture and mining projects. The median house price is $435,000, up 3.6 percent. Despite a rising population, the unemployment rate is falling and is currently 5.6 percent. In 2024, Burnie’s project pipeline is valued at approximately $1.6 billion. A significant portion is commercial development, primarily renewable energy projects.

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