Property Of The Week: 21 Davidson Street, Balmain, NSW
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Property Of The Week: 21 Davidson Street, Balmain, NSW

A stylishly renovated terrace is headed to auction.

By Terry Christodoulou
Wed, Sep 29, 2021 1:21pmGrey Clock < 1 min

Sydney’s Balmain is a particularly fashionable outpost, and here is a stylishly renovated home set within a charming Victorian terrace.

The interiors of the 2-bedroom, 2-bathroom home have been reinvented with designer flair and sees custom joinery and marble adornments combine to form a striking contemporary residence.

Home has been intelligently designed to feature natural light throughout and sees an abundance of clean modern lines in its design, further punctuated with the aforementioned custom joinery and polished concrete flooring.

The kitchen sees a sky-light above – adding swathes of light – and is fitted with Smeg appliances and marble benches.

The marble benchtops are a recurring theme throughout the home, adorning the living space that bleeds out to the outdoor courtyard through floor-to-ceiling glass doors.

The elongated rear courtyard sees easy-to-manage synthetic turf underfoot and a built-in barbecue, bar and seating area.

The upper level hosts the master retreat, with large built-in robes and balcony access. Also here is the ensuite, with twin vanities and double shower replete with more of the matching marble. The lower level hosts the second bedroom.

Further mod-cons include a gas fireplace in the living and dining area, built-in sound system a coordinating bathroom on the lower level, period details such as the patio and balcony.

The home is located in a walk-everywhere address between Punch Park and Balmain’s village heart.

The listing is headed to auction on October 9, and is managed by BresicWhitney. Buyer’s Guide $1,800,000; bresicwhitney.com.au



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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

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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.

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