Property Of The Week: 11 Alford Street, New Farm, QLD
Inside this airy residence nicknamed ‘the lighthouse’.
Inside this airy residence nicknamed ‘the lighthouse’.
The Brisbane suburb of New Farm is one of the most coveted locales in the inner city. Minutes away from Brisbane CBD, Brisbane River and New Farm park comes this light-filled, two-storey freehold townhouse holding 3-bedrooms, 2-bathrooms and a 1-car garage intelligently designed across 205sqm of living.
Here, the home features a unique centrepiece – the atrium – that allows streams of natural light to fill both levels of the home from within and acts as an oasis.
The first floor sees blackbutt timber flooring underfoot that complements the home’s clean aesthetic. Here, the atrium, and open plan living and dining. Adjacent is the kitchen – which sees modern finishes and an extended kitchen bench that leads out to the landscaped courtyard – ideal for entertaining.
Upstairs, the home’s accommodation is found with two bedrooms – complete with built-in wardrobes a bathroom and study nook.
Also here is the master suite, boasting an ensuite, large built-in robes and a private balcony.
The home is nearby to Methyr Village, local cafes and the best of New Farm’s inner-city lifestyle.
The residence is headed to auction Friday 17 September and is managed by Hutton & Hutton Real Estate; huttonandhutton.com.au
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.
After more than a year, prices have finally levelled out in prime central London, while outer London saw a small uptick in high-end prices from the previous quarter
The first quarter of the year brought some long-awaited signs of recovery in London’s luxury housing market, offering the first positive quarterly price growth since September 2022, according to a report from Savills on Wednesday.
After six consecutive quarterly price falls, luxury home prices in central London levelled out in the first three months of the year, with a 0.1% quarterly uptick in prices. The £3 million to £5 million (US$3.79 million to US$6.32 million) market saw a slightly larger increase of 0.3%.
Outer London’s luxury market saw greater quarterly price growth, with home prices up 0.8%, as some stability returned to mortgage costs and lured more buyers back to the market, according to the report.
All of this is evidence that the market is “in early stages of recovery,” according to Lucian Cook, head of residential research at Savills.
“The outlook for the housing market has certainly improved, partly because the mortgage market has recovered more quickly than expected,” Cook said in the report. “With the first rate cut rapidly coming into view and recessionary risks easing, greater stability has returned to the cost of mortgage debt, which has positively impacted domestic prime markets, where many buyers rely on borrowing, most notably in leafy outer prime South and West London, as well as the commuter belt.”
Outside of London, prices across the U.K. saw no quarterly growth heading into the beginning of the spring market, which is expected to bring higher levels of buyer activity in many regions.
Suburban regions saw prices dip just 0.1%, while urban areas—like Edinburgh and Glasgow in Scotland, and Bath and Oxford in England—saw prices increase by 0.6%.
Cook said regional buyers are more likely to be concerned about market uncertainty than London buyers in the lead up to the general election.
“As a result, buyers are still expected to be less committed until the dust has settled,” he said.
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
This stylish family home combines a classic palette and finishes with a flexible floorplan