Rents in regional areas as safe as houses
Median rent rises paint a picture of city and country divides in a post pandemic market
Median rent rises paint a picture of city and country divides in a post pandemic market
Regional Australia saw the greatest rent hikes, up almost 50 percent in some areas over the past 12 months, PropTrack date reveals.
While property values have taken a dive in some regional centres, such as the Richmond-Tweed area in northern NSW, house rents in Katanning, three hours south west of Perth in WA, have risen by 47 percent to a median of $375 per week.
Port Broughton on the Yorke Peninsula north west of Adelaide, saw the next biggest rise for housing rents, up 43 percent to $340. Gatton, located between Brisbane and Toowoomba in Queensland, came in third, with a median house rent of $460, a 41 percent increase over the past year.
In a sign that post pandemic city life may be returning to ‘business as usual’, PropTrack reports the greatest increases in rental unit prices were all in inner city areas in the east coast states. The city of Melbourne unit rents recorded the highest increase of 42 percent over the past 12 months, at a median of $540 per week. The was followed by the little known Sydney inner city suburb of Darlington, up 38 percent to $565 per week and The Rocks, where unit prices rose by 35 percent to $975 per week.
Clear Island Waters on the Gold Coast recorded the highest unit increases outside Victoria and NSW, up 34 percent to $745 a week.
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Blending brutalist strength with warm, refined interiors, Rumah is a bold architectural statement in Brighton’s coastal enclave — a designer family home where luxury meets liveability.
Rumah means “home” in Indonesian and Malay, and it’s clear this designer property in Melbourne’s coveted beachside enclave of Brighton is a dream house in any language.
The uber-contemporary residence is a collaboration between builders Belot Property, Seidler Group architects, and the interiors team at Golden.
The result is a modern marvel that combines a brutalist concrete exterior ready to weather its coastal setting with inviting interiors using a mix of textures, from French oak to metal and brick finishes.
Just listed with Kay & Burton Bayside agents, Rae Mano, Matthew Pillios and Jamie Mi, the prestige property is on the market via a private treaty campaign with price expectations of between $10.5 million and $11.5 million.
Created to be a great entertainer while maintaining a level of discreet privacy, Rumah is, at its heart, a warm, family-friendly home that ticks all the boxes for detail-oriented design connoisseurs.
A palette of contradictions, Rumah blends angular and rounded forms, features hard steel and glass, and effortlessly incorporates the earthy finishes of brick and timber for a holistic sensory experience.
Beyond the oversized pivot door sits a large structural column wrapped in gold leaf, setting the tone for the rest of the residence. The three-storey layout offers a choice of multigenerational spaces, from the ground-floor everyday living level to the accommodation wing on the top floor and the large basement “clubhouse.”
At the heart of the home, a gourmet kitchen features a dramatic island bench, high-end appliances, and a full butler’s pantry. Multiple spaces feed off the kitchen, including a vast dining area and a large living room, which both spill out through full-height glazed doors to either a side barbecue terrace or the poolside deck to the rear.
Even the downstairs entertainer’s room – also known as the club – is effectively poolside thanks to an innovative glass viewing window framing swimmers and cleverly connecting the subterranean level to the rest of the home. This games room also houses a sophisticated bar, a wine cellar, integrated night club style lounge seating and a full bathroom.
Additionally, the lower floor features a hidden laundry room, two store rooms, direct access to a huge five-car garage with a convenient turning circle, and an extra bedroom or home office.
Via the private elevator, the top floor is dedicated to after-hours living. It has four spacious bedrooms, each with its own ensuite and walk-in wardrobes. In the luxurious primary suite, there is a hotel-inspired ensuite with a unique kidney-shaped freestanding bath and a dressing room.
Rumah’s added extras include warming indoor and outdoor fireplaces, automatic blinds, feature lighting, marble accents, bespoke wallpaper, built-in bedheads, an external spa and low-maintenance landscaped gardens.
Positioned on the corner of William and Halifax Sts, the 21st-century beach house is opposite William St Reserve, close to Brighton Primary School.
Rumah at 91 William St, Brighton is on the market via private sale with Kay & Burton Bayside and has a sales guide of $10.5 million and $11.5 million.
From timeless neutrals to rich jewel tones and earthy hues, the right colour palette can elevate any space, creating mood, elegance and effortless sophistication.
Renovations in Yorkshire included the revamp of a 30-room wing where a descendant of the estate’s builder still lives.