A six-bedroom, Hampton’s style home located at 38 Newmarket street in the Hendra, Brisbane has broken the suburb record.
The $3.65m sale by Place Ascot’s Patrick McKinnon has set a new standard for the area, with the residence inspected 156 times proper to sale, including 5 virtual inspections.
The home, known as ‘Caulfield House’, was once the residence of champion thoroughbred, Bore Head, winner of the 1965 Caulfield Cup. The home was purchased by racing royalty Caitlin Lavin, daughter of well-known horse owner Peter Lavin.
Caitlin told the media in a recent interview the purchase was totally unplanned and serendipitous.”
The home was reimagined by designers ‘Innovate’, giving the home a sense of modern luxury with coffered ceiling, blackbutt timber floors alongside hand-painted custom joinery.
Elsewhere the home offers three-metre-high ceilings, gourmet kitchen with a double-glazed glass-encased wine room, breakfast bar, and a storage-filled butler’s pantry that links to the residence’s garage.
Along with marble external paving, the alfresco area hosts an outdoor kitchen with in-ground infinity-edge swimming pool and self-contained pool house accommodation converted from the old stables.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Scheduled auctions fall to winter levels as vendors hold back on going to market
Grand final fever and the long weekend have dampened scheduled auction activity this weekend, CoreLogic reports.
The number of homes scheduled for auction this weekend is set to halve, with 1,324 properties listed, marking the quietest week since mid June. Melbourne will experience the quietest week since Easter, CoreLogic data shows, with 223 homes prepared to go under the hammer. In Sydney, 805 properties are expected to go to market, the lowest number in seven weeks.
With long weekends in Queensland and South Australia, numbers are also down in Brisbane (111) and Adelaide (86), less than half the properties available for auction the previous week. It’s a less dramatic drop in Canberra, where 83 homes are scheduled for auction, down -22.4 percent on the previous week.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual