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Today’s property highlights set new precedence across the property market in Australia’s eastern states. Tri-level contemporary masterpieces are met by waterfront estates, all primed for family living within some of the best localities in Australia.
Located 10 kilometres from Melbourne’s CBD, Canterbury is perfectly positioned for peaceful urban living.
The trendy locale features tree-lined streets, historic housing and vibrant local shopping options in a spectacular opportunity for family living or young couples seeking a relaxed urban precinct.
So far in 2022, 97 properties have sold in Canterbury, increasing the value of the area by 14.2 per cent. The strong median house price of A$3,620,000 reflects the diversity and excellency of housing options.
A sprawling suburb, Canterbury most recently recorded a population of 7,800 people while the median age is 46 years old.
Created by architect Joachim Quino Holland, this residence emanates luxury, mastering the use of space and light in a prime location only steps from Canterbury’s parks.
Now on the market with a price guide of between A$11 to $12.1 million, this opulent property is accepting expressions of interest, closing Tuesday, December 6 at 5pm.
48 Monomeath Avenue, Canterbury, Vic 3126
Once a farming and industrial hub, Teneriffe underwent an urban revitalisation and today stands as a sought-after, historic area.
The residential locality presents inner suburban living just 2.5 kilometres from Brisbane’s CBD, thus drawing a working professional demographic.
The household structure records a majority of couples with children at a rate of 54 per cent, while the rate of owner-occupied homes in the area was recorded at 76.8 per cent in 2016.
A total of 112 listings came to market in 2021, of which 103 were sold, each spending 26 days on the market on average.
This activity shifted the market by 14.2 per cent, raising the median house price to A$3,620,000.
Occupying an envied Brisbane address, this property showcases modernist luxuries and innovative design. Shaun Lockyer Architects has masterfully curated a space of light, seclusion and elegance.
This property is accepting expressions of interest, closing on December 6.
36 Teneriffe Drive, Teneriffe, Qld 4005
Widely regarded as one of Melbourne’s most prestigious suburbs, Toorak is steeped in affluence.
Sprawling across 4.3 square kilometres of land, the blue-ribbon locale holds a population of 12,817 people and a median age of 47.
Among its tree-lined streets lie elite schooling options, fine dining eateries and grand housing. The median house price of Toorak rests at A$5,560,000, reflecting an 18.3 per cent growth in value from 2021.
The area draws a demographic of those working in a professional occupation, while households are led by childless couples at a rate of 50.4 per cent.
Despite experiencing a decline in value of six per cent in 2022, 139 Toorak properties have been sold so far, each spending an average of 33 days on the market.
Behind a pristine façade in an exclusive pocket of Toorak lies an intricate blend of captivating architecture and finishings. Adam Tugendhaft has raised the bar in urban living, in a home spilling over three levels, connected by an internal lift.
This lavish home is open to forthcoming expressions of interest.
20 Denham Place, Toorak, Vic 3142
Manly is positioned as one of Sydney’s most pristine coastal precincts, a moment’s walk from surf spots, pubs, eateries and only a ferry ride from the CBD.
Popular among families and young couples alike, the peaceful waterfront lifestyle is a population destination for all demographics.
Household occupancy of the area is led by those renting at 50.9 per cent, followed by those owning their property outright at 26.6 per cent.
Although the area has seen negative growth in value in June and July of this year, the median house price remains at a strong A$4,500,000. In 2022, Toorak has so far recorded 65 properties sold, each spending 24 days on the market before purchase.
Nestled in an elite cul-de-sac location, this tri-level property faces Little Manly Beach, moments from the sun and surf Sydney is famous for.
Offering a boatshed and slip and panoramic water views, this property is a rarely seen opportunity for premium coastal living.
Manly, NSW 2095
St Kilda is an inner seaside locality in Melbourne, revered for its laidback lifestyle and tourist attractions.
Home to the famous Luna Park and pockets of trendy shops and eateries, the area presents a myriad of lifestyles for different demographics.
The household structure of St Kilda is led by childless couples, recorded at a rate of 64.2 per cent, while 33.5 per cent of homes were owner-occupied in 2016.
Five properties were sold in July of this year representing 0.3 per cent growth, raising the median price to A$1,785,000. Each property spent an average of 39 days on the market before purchase.
‘Kuala’ is a St Kilda landmark property, sprawling 1,302 square metres of luxury heritage detailing. Retaining the best architectural features from its bygone era, this residence is crafted with attic storage, ornate ceilings and a separate self-contained guest cottage.
This property is accepting expressions of interest, closing Tuesday, December 6 and holds a price guide of between A$6.9 to $7 million.
7 Redan Street, St Kilda, Vic 3182
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