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How it sold

This Month

The four-bedroom, two-bathroom, one-car park house on 356 square metres at 28 Lennox Street in Sydney’s Bellevue Hill sold after auction for $7.3 million.

‘Psychology and hand-holding’ get $7.3m sale over the line

A downsizer selling his home of 32 years had his concerns about how it should play out – and so did his children.

  • Michael Bleby
The offering: A single-fronted brick-and-concrete bungalow under the Kingsford Smith Airport flight path.

House smack bang under flight path sells for $50,000 over reserve

You know demand is strong when purchasers overlook downsides in a property. Flaws don’t get louder than this – but that didn’t deter first home buyers.

  • Michael Bleby
The four-bedroom townhouse at 1/11 Austin Street in south-eastern Melbourne’s Hughesdale sold at auction for $1.485 million.

House sells for $235,000 more than expected after tenants removed

Agents say it is better to market an empty house, but owners don’t want to give up rental income – and renters don’t want to leave, either.

  • Michael Bleby

November

The four-bedroom on 588 square metres at 78 O’Connor Street in inner-western Sydney’s Haberfield sold by private treaty for $3.9 million.

Vendor discounts for $3.9m sale before November rate rise

After getting no bid at a September auction, this home sold two months later, just before the Reserve Bank’s latest move. But would it still get that now?

  • Michael Bleby
The three-bedroom apartment at 11/208 Canterbury Road in inner-eastern Melbourne’s Canterbury sold for $1.33 million.

I should have sold two years ago, says vendor of sold $1.33m property

An unusual dwelling failed to sell as an office. When pitched as an apartment, it achieved a different result – but still sold too cheaply for the owner.

  • Michael Bleby
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Designer Kerrie Hess’ four-bedroom home with office at 70 Barker Street, East Brisbane sold at auction for $2.3 million.

Designer Kerrie Hess gets $200,000 style dividend on home sale

Not everyone can have a professional designer decorate their house for sale, but there are some tips worth keeping in mind to boost appeal of a home.

  • Michael Bleby
The uninhabitable two-bedroom, one-bathroom heritage terrace home on 169 square metres at 45 Bellevue Terrace in Fremantle sold at auction for $508,000.

Unlivable, unviewable, unbankable – and a bargain at $508,000

A hoarder’s house was so unsafe not even the agents could go inside. No bank would lend against it. But it went 10 per cent over reserve to a cash buyer.

  • Michael Bleby

October

Qantas ‘didn’t make money’ on cancellations | Make 16pc a year | Home sells $2.6m over reserve

Read everything that’s happened in the news so far today.

The three-bedroom house on 741 square metres at 45 Derby Street in south-western Sydney’s Canley Heights sold at auction for $4.6 million. 

‘Out of Seinfeld’: Home sold $2.6m over reserve, for $4.6m

Overseas-based parents bought a house for their student children with a key concern in mind – that they wouldn’t need to cook for themselves.

  • Michael Bleby
The six-bedroom house on 902 square metres at 4 Haining Avenue in western suburban Perth’s Cottesloe sold by private treaty for $3.8 million.

This $3.8m sale shows the pressures on downsizers

In a low-stock market, vendors want longer settlements. But the rising cost of living means they’re also putting more money into super when they sell.

  • Michael Bleby
The four-bedroom house on 337sq m at 29 St David’s Road in inner-western Sydney’s Haberfield sold before auction for $2.7 million.

A $2.7m offer made this vendor jump early

After a “mini boom”, buyers are becoming cautious again – and that’s making some sellers decide it’s better to take an early bid.

  • Michael Bleby
The two-bedroom apartment in original 1972 condition at 17D/50 Whaling Road in North Sydney sold at auction for $2.427 million.

Why buyers looked past the flaws in this unit – and paid $2.4m

The shabby apartment needed at least $200,000 to fix it up. But rather than hide its faults, the agent hit buyers over the head with its problems. And it worked.

  • Michael Bleby
The three-bedroom semidetached house at 9 Monteath Avenue in Melbourne’s Hawthorn East sold before auction for $1.35 million. 

House passes in at $1.22m, then sells for $130,000 more

Increasing confidence about rates plateauing, as well as a new tenancy, boosted the competition for a property with some drawbacks.

  • Michael Bleby

September

Unliveable: But the two-bedroom terrace house with one car park at 38 William Street, in inner-suburban Sydney’s Paddington, sold at auction for $2.715 million. 

Renovating bidders push dilapidated terrace $600,000 over guide

Materials, labour and trades shortages have put many buyers off revamping property. But this unlivable deceased estate brought DIY types out of the woodwork.

  • Michael Bleby
Hard sell: The owners of the 3 Berry Smith Drive home in Strathalbyn had tried to sell it privately for five years before hiring an agent.

Editing this home’s photos helped it sell for $20k more than expected

Preparing a home for a downsizing sale can be a pain, particularly for those with mobility issues. But that’s where the clever use of software can help.

  • Michael Bleby
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High life: Regency Towers, 265 Exhibition Street in Melbourne.

COVID-19 sea-changers return to their city unit tower, at a profit

A couple who fled Melbourne’s pandemic lockdowns for Queensland didn’t intend to return. But they did – and made money in the process.

  • Michael Bleby

August

The two-bedroom apartment with parking at 1200/211 Pacific Highway, Skye by Crown Group in North Sydney sold by private treaty after auction for $1.45 million.

A $15k loss after five years was a great result for this apartment

A relatively new Sydney apartment with a view sold for $1.465 million in 2017. With pandemic-era investors focusing on houses, this one went backwards in price.

  • Michael Bleby
The two-bedroom apartment with car park at 5/990 Wellington Street, West Perth, sold by private treaty for $392,000.

The investment market drawing interstate buyers

In a recovering city where prices are rising, buyers from eastern states are still willing to pay more than locals.

  • Michael Bleby
The three-bedroom house on two titles at 40 Pulsford Road in Adelaide’s inner-northern Prospect sold at auction for $1,901,000. 

‘Unique’ cottage sells for $365,000 over reserve

After his $1.9 million bid beat other locals, the buyer of the large, two-title site intends to keep his own 500sq m property in the same Adelaide street.

  • Michael Bleby
The large house suited the needs of a family with three teenage children, who moved from Woollahra.

The emerging alternative to Sydney’s eastern suburbs

The gentrification of the city’s inner west is giving well-heeled buyers more options to consider – as this $6.85 million sale of a Newtown terrace shows.

  • Michael Bleby

The Australian Financial Review Magazine

BOSS Financial Review

Paul Flynn grew up in a “good Catholic family of six girls and three boys.

Life & Leisure

It’s time to sparkle this New Year’s Eve! As to what to wear, read on.

Rich List

Rich Lister Sam Kennard took over the self-storage business when he was just 24.