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Why this one-bedroom hideaway is going viral

109 Colwill Crescent, Wolffdene is on a 4.38h parcel of land.

It’s not your typical luxury property – in fact it’s far from it – but a quirky one-bedroom cottage hideaway is the hottest property in Queensland this week.

Called Newtown House, the property nestled between Brisbane and the Gold Coast was the most viewed Queensland home listed for sale on realestate.com.au with agents swamped by enquiries after the election.

MORE : Mega deal: Two apartments sell for $19m

The property is surrounded by bushland.

The railway sleepers.

Willcox Estate Agents’ Natasha Bercich, who is marketing the property at 109 Colwill Cres, Wolffdene alongside Jesse Willcox, said she received 68 inquiries over the weekend alone.

“That is huge for a house like this,” she said. “I think the appeal is that it is different and it’s not your standard four bedroom, four bathroom house.”

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The bedroom.

The shower.

Ms Bercich said a lot of inquiry was made after the Federal election on the weekend.

“It seemed people had a new-found confidence,” she said.

The residence was built by a husband-and-wife duo who had a passion for sustainability and history.

Historic railway sleepers, a red gum bathtub that was craned in, and sandstone steps from the infamous Boggo Road Gaol are just some of the materials used in the home.

The eclectic hideaway is in Wolffdene, between Brisbane and the Gold Coast.

The red gum bathtub.

Among the quirky features are marine pylons-once part of the Horn Island jetty, a staircase crafted from a Queensland maple tree, and a hand-carved marble sink.

Property records reveal the sellers paid $113,000 for the 4.38ha block of land in 1999.

Drawn to its privacy and with a huge vision, the couple spent 15 years working on their Hinterland sanctuary.

Inside Newton House.

The home is made of recycled and reclaimed materials.

Built from reclaimed and natural materials, the one-bedroom retreat includes a living area, kitchen, and bathroom area.

Plans included with the sale reveal a vision for future expansion.

A sitting area.

Ms Bercich said she was confident the property would sell in coming weeks.

“We have an open home this Saturday which I imagine will be quite busy,” she said.

“I’m hoping that from that we will have an offer on the table and it will be sold.”

The property is not listed with a price however expressions of interest are being sought.

PropTrack data shows four houses traded in the past 12 months in Wolffdene.

There is not enough data to provide a median house price.

The post Why this one-bedroom hideaway is going viral appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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James Packer’s bold bid to help solve Aussie housing crisis

Rich lister James Packer has launched a $100m bid to help solve one of Australia’s most troubling issues.

Expatriate tycoon James Packer and his property development partner Time & Place are now seeking to secure affordable housing bonuses for their proposal to redevelop The Chimes complex at Potts Point.

There was a design proposal drafted by SJB scheduled for NSW Land & Environment Court consideration this week, but a higher and wider residential apartment project will now be sought under the NSW government state significant development process.

Packer’s NPACT Point Investments emerged in early 2023 as backing developer Tim Price’s Time & Place, which has been seeking since 2020 to purchase all 80 studio units plus 27 car spaces in the 1964 ­Macleay St block.

MORE: ‘Stay far away’: Worst place to put your money

The proposed redevelopment of The Chimes, a 1960s Potts Point apartment block, has moved closer.

Its been a long, costly haul, as the 75 per cent compulsory acquisition threshold under the state government’s strata renewal legislation was triggered several years ago.

Mopping up the remaining 25 per cent of the 11-storey complex only came last month after a court judgment, and at significant cost.

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James Packer. Picture: Scott Barbour/Getty Images

There was a $1.4m acquisition determination for the last holdout owner who’d been in residence since paying $44,000 in 1982.

Valuers had told the court its “as-is” market value for the 33sq m space in 2023 was $585,000 with the disturbance value calculated to be $126,000, totalling $711,000, and by 2024 its redevelopment value plus disturbance was revalued up to $900,000.

The first 82 settled lots were secured for $76.6m, with the last holdouts costing $24.1m including a rumoured $700,000-plus for a 26sq m car space.

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Investors who have since sold for windfall gains have included former Home & Away actor Erika Heynatz. Picture: Supplied

The initial 2020 compulsory buy-up offer for the strata building was priced at $85m, having attracted developer attention as it sits on less than a third of its 1289sq m holding.

Investors who have since sold for windfall gains have included former PM Paul Keating, retired stockbroker Greg Peacock and Home & Away actor Erika Heynatz.

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The Rushcutters Bay Third.i project.

Buoyed by affordable housing and design excellence bonuses, a 34-apartment, 13-storey, 50m-high block with a 5529sq m gross floor area is being sought.

By providing a 15 per cent affordable housing component for a 15-year period, the developer syndicate is seeking an additional 30 per cent in height and floor space above what was permitted under the City of Sydney’s 2012 local environment plan.

The developers face local opposition led by the Potts Point Preservation Group.

03/1993. Cover of Rolling Stone magazine, featuring Australian prime minister Paul Keating.

Ex-PM was another investor who sold for a handy profit.

On the other side of Kings Cross, the Packer camp, in partnership with developer Third.i, are awaiting approval for their eight-storey shop top project at Rushcutters Bay.

The Woods Bagot-designed building proposed for 51-57 Bayswater Road has been scheduled for Land & Environment Court hearing in June.

NPACT is headed by Todd Nisbet, a former Crown Resorts executive.


The post James Packer’s bold bid to help solve Aussie housing crisis appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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‘70 inquiries’: Private wellness retreat has buyers ready to break budget

Building work hasn’t even started but that won’t stop buyers forking out a near record sum for a planned three-level luxury home at Stirling.

Velvӕre, at 43 Sturt Valley Rd, is a bespoke house and land package with a price guide of up to $4.4m – short of Stirling’s current house record of almost $4.96m.

However, with options to customise, the eventual selling price could exceed that property benchmark, said selling agent Grant Giordano, of Giordano & Partners.

“Potentially, (the sale) could set the (suburb) record. We’ve done it before (with house and land packages) at Springfield and North Adelaide,’’ Mr Giordano said.

“We’ve got incredibly high specifications (for Velvӕre). I don’t think there’s much we haven’t thought of (by way of inclusions) but someone might want some additions.

“Everything is customisable.’’

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Supplied Real Estate 43 Sturt Valley Road, Stirling

This stunning home hasn’t even beeb built yet but its concept designs has buyers intrigued.

Supplied Real Estate 43 Sturt Valley Road, Stirling

The home, set on a sloping block, will come with stunning views across the Adelaide Hills.

Supplied Real Estate 43 Sturt Valley Road, Stirling

The design is focused around wellness with current plans including a yoga deck, sauna, gym and a pool.

Despite the mammoth asking price, Mr Giordano said the package represented good value for money.

“The asking price, relative to what you are getting (at a similar home) in the eastern suburbs and along the (Adelaide) beachfront is negligible,’’ he said.

“Here, you’ve got the benefit of the environs and the solitude, the sense of wellness and the feeling of luxury.’’

The four-bedroom, four-bathroom home – described by Mr Giordano as “reminiscent of a

Scandinavian ski slope repose’’ – will be nestled in the hillside of Stirling, offering spectacular views over the valley.

The design features a home theatre, wine room, mud room, study, lift, gym and sauna, as well as a swimming pool, outdoor alfresco and yoga deck.

A large 10.5-metre balcony off the open-plan kitchen will allow for seamless indoor and outdoor entertaining.

Supplied Real Estate 43 Sturt Valley Road, Stirling

Open-plan living areas will make the home ideal for entertaining.

Supplied Real Estate 43 Sturt Valley Road, Stirling

A concept image of the proposed yoga studio/gym.

Supplied Real Estate 43 Sturt Valley Road, Stirling

Imagine waking up to the sounds of birds and wildlife.

Mr Giordano said there had been more than 70 inquiries in the first week of listing, mostly from Adelaide’s eastern and inner suburbs and NSW and Victorian farmers seeking to downsize from pastoral stations.

Council approval for the home has been granted and building would start as soon as the eventual buyer signed off on any desired modifications, he said.

The entire build, including landscaping, would likely take up to 18 months but Mr Giordano said the buyer could move in prior to the outdoor work being completed.

“The hard work (for this home) has all been done,’’ he said.

“We’ve been working with council and working to make sure the engineering is correct because it is a sloping site.

“All (the buyer) needs to do is come in and say, ‘This is the style of the house I want’ and ‘This is the colour palette’.

“It’s very rare (a luxury house and land package) would come to market like this because if someone is going to undertake all that effort to get council planning on a tricky block they would generally keep it for themselves.’’

The post ‘70 inquiries’: Private wellness retreat has buyers ready to break budget appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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What Labor’s win means for first-home buyers

Housing policy was a key focus for both sides of politics in the federal election. This is what Labor’s re-election means for first home buyers.

Housing policy was a key focus for both sides of politics in the recent federal election campaign.

Now that we know Labor has been returned, let’s review what this means for first-home buyers.

Here is a summary of the key election commitments from Labor. Bear in mind they now need approval from the new Parliament, so we have to wait for the outcome of that legislative process.

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Housing was a key election issue.

Expanded access to 5 per cent deposits for all first-home buyers

Labor has promised to expand the First Home Guarantee scheme to allow more first-home buyers to purchase with a 5 per cent deposit without having to pay lenders mortgage insurance (LMI).

Borrowers usually need a 20 per cent deposit to avoid LMI, which can cost tens of thousands of dollars and only protects the lender, not the borrower. Under the scheme, the government guarantees 15 per cent of the loan so the first home buyer can avoid LMI. Labor proposes to expand the scheme by removing current income caps, raising the purchase price caps and offering an unlimited number of loan guarantees. The changes would become effective next year.

Labor says 150,000 people to date have purchased their first homes using the First Home Guarantee.

Tahlia Lima and Jack Kenny

Thalia Lima 22 and Jack Kenny 23, in their home in Penrith. Photo: Tom Parrish

Building 100,000 homes just for first-home buyers

Labor also promised $10 billion to help build up to 100,000 new homes to be reserved for purchase by first-home buyers only.

Labor’s pitch was that this would mean first-home buyers would not have to compete with investors, who often have bigger budgets and can afford to offer more at auction or in private negotiations.

Expansion of the new Help to Buy scheme

The Help to Buy shared equity scheme was passed by Parliament late last year after a long delay. Under the scheme, which is due to begin later this year, first-home buyers can partner with the federal government to buy a home.

Buyers need a minimum 2 per cent deposit to participate in the scheme, with the federal government taking up to a 30 per cent stake in established homes or a 40 per cent stake in brand new homes.

Prior to the election, Labor announced it would raise the income and purchase price caps for the scheme so more people could take advantage of it.

The new income caps will be $100,000 for individual buyers and $160,000 for joint applicants and single parents.

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House Building Construction

Labor also promised $10 billion to help build up to 100,000 new homes to be reserved for purchase by first-home buyers only. Picture: Getty

Most of the new purchase price caps will be linked to the current median house price in each state and territory.

For example, in Victoria, the new price cap will be $950,000 in Melbourne and major regional hubs and $650,000 elsewhere in regional Victoria. The price cap for Sydney and major NSW regional hubs will be $1.3 million and $800,000 for other parts of regional NSW. The price cap for Brisbane and major regional centres will be $1 million and $700,000 elsewhere in regional Queensland.

Labor says more than 5 million properties across Australia are valued at less than the new price caps.

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I encourage all first-home buyers to explore the government help available to help you buy.

Remember, the policies above are federal. There are many other incentives on offer from the state and territory governments, too, such as stamp duty concessions and grants.

It will pay to do your homework!

The post What Labor’s win means for first-home buyers appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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South Hobart gem blends heritage charm with modern luxury

No.369 Huon Rd, South Hobart. Picture: Supplied

Only a handful of families have had the pleasure of calling South Hobart’s Kinnoull home — and your family could be next.

Built in 1914, this stunning Federation residence stands as a testament to architectural elegance, seamlessly blending heritage charm with contemporary luxury.

Listed for sale with Peterswald’s Harry Coomer and Phoebe Nothling, No.369 Huon Rd is a plush home that makes a grand first impression.

Quickly, the features of the past present themselves — the timber floors underfoot, the tall ceiling heights, the pressed tin, and the timber staircase that sweeps the eye upwards.

Then the opulent features start to grab attention: there’s the elevated view that reaches all the way across the river to the Eastern Shore; the fireplace mantles; the dreamy gourmet kitchen; and the five-star top floor bathrooms.

On all fronts, this is a home that will take your breath away.

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No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.

Peterswald director, Mr Coomer, said Kinnoull offers the practicality of a modern home alongside the character of a historic home.

“That’s a rarity,” he said. “Kinnoull is a timeless property. It has a great soul and feel to it.”

For an active family or a keen gardener, the private rear yard will be a treat.

With over 2000sq m of land, there will be plenty for the green thumb in the family to enjoy.

And for the next generation of JackJumpers, there is a quarter-sized basketball court, plus an ice bath and a sauna.

“The sprawling lawn is a nice touch, especially for a property that is just minutes from the city,” Mr Coomer said.

“When you think of everything you might want a home to offer, this property has it all.

“It is hard to fault. It is the pinnacle of luxury.”

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Hobart house prices 2.5pc higher than last year

No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.

Kinnoull is set on a double allotment, as private as it is sprawling.

The two-level home has undergone impressive renovations that respect its past while embracing modern sophistication.

Across its light-filled levels, the home boasts sky-high ceilings, Tasmanian oak flooring, intricate fretwork, and original fireplaces, all meticulously preserved.

The ground floor features an open-plan living and dining area, framed by graceful bay windows.

This space flows effortlessly to an alfresco entertainment deck, partially sheltered and equipped with a built-in barbecue, sink, drinks fridge, and seating.

The kitchen is a culinary showpiece, boasting premium appliances, quality cabinetry, and granite surfaces, including a breakfast bar.

Designer lighting adds to the atmospheric appeal of this space.

No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.

Upstairs, four generous bedrooms offer luxurious accommodation.

Two rooms feature picturesque river views, while all include panel heating and built-in storage.

The primary bedroom is a standout, complete with a walk-in wardrobe, an opulent ensuite designed for two. A private terrace overlooking kunanyi/Mt Wellington is the cherry on the cake.

An additional upper-level balcony provides panoramic vistas across Hobart and the River Derwent.

The main bathroom upstairs mirrors the refinement of the ensuite. It features a deep freestanding bathtub and a walk-in shower.

No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.

Back downstairs, a formal lounge provides an additional retreat, while a beautifully appointed home office with built-in timber shelving caters to those working from home.

Meticulously landscaped gardens unfold in vibrant colour, with manicured lawns, flourishing florals, mature trees, and a tranquil water feature creating an enchanting setting.

Security and convenience are prioritised with a double gated front entrance, fully fenced grounds, and a double garage.

A spacious laundry with excellent storage and an internal, retractable clothesline adds to the home’s practicality.

No.369 Huon Rd, South Hobart.

No.369 Huon Rd, South Hobart.


Located in a sought-after South Hobart enclave, the property offers easy access to cafes, boutiques, parklands, top-tier schools, and the Hobart CBD.

With its stunning views, abundant sunlight, and unparalleled comfort, Kinnoull represents a rare opportunity not to be missed.

No.369 Huon Rd, South Hobart is priced at $3.2m-plus.

The post South Hobart gem blends heritage charm with modern luxury appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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Civil rights, housing and consumer advocates urge HUD to rescind ‘watered down’ fair housing rule

A coalition of more than 100 consumer, housing and civil rights advocates have submitted a letter to U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner, “strongly” opposing the department’s 2025 Interim Final Rule that changes the scope of the Affirmatively Furthering Fair Housing (AFFH) rule re-initialized during the administration of Former President Joe Biden.

Implemented in 2015 under the Obama administration, the AFFH rule was intended as an extension of the Fair Housing Act and required any public housing agencies (PHAs) or recipients of federal block grants to file a report on the ways that segregation and discrimination persisted in a given jurisdiction.

But the new rule “revises HUD’s regulation governing the Fair Housing Act’s mandate that the secretary administer HUD’s program and activities in a manner that affirmatively furthers fair housing,” according to its entry in the Federal Register. “This interim final rule returns to the original understanding of what the statutory AFFH certification was prior to 1994 — a general commitment that grantees will take active steps to promote fair housing.”

The new letter — led by the National Fair Housing Alliance (NFHA) and co-signed by more than thirty national advocacy groups and state-based and local organizations across 34 states and the District of Columbia — says the rule “significantly waters down” affirmatively furthering fair housing to the point of exacerbating issues impacting the nation’s affordable housing crisis.

“Imagine a society in which every child and every person can live in a neighborhood with ample affordable and accessible housing, fresh air, clean water, good public transportation, living wage jobs, quality healthcare, healthy foods, and affordable credit. That is what affirmatively furthering fair housing means,” said Nikitra Bailey, EVP of NFHA.

“However, the Trump administration has backed away from the federal government’s duty to affirmatively further fair housing and taken away critical tools that states and localities needed and requested to address the nation’s fair and affordable housing crisis and advance the American Dream of having a safe, stable place to call home.”

The full, 36-page letter includes data on the severity of housing discrimination complaints nationwide in 2023, showing a concentration in the states of Washington, Oregon and Idaho. Using National Association of Realtors (NAR) data, it illustrates the low average homeownership rates of minority communities relative to their white counterparts.

Using Brookings Institution data, it illustrates differences in the wealth of white households versus those of other races, saying “the racial wealth gap has remained wide and persistent.” It examines the issue of redlining and its visibility in American communities, while illustrating the rising trend of housing costs between 2014 and 2022 and the cost burdens on renters based on data from Harvard University’s Joint Center for Housing Studies (JCHS).

Citing data from the U.S. Bureau of Labor Statistics, the letter states that “homeowners’ insurance costs are rapidly rising, largely due to an increase in climate-related disasters.”

“As everyday people in America struggle to make ends meet, HUD has issued the watered-down 2025 AFFH IFR, which will only worsen the fair and affordable housing crisis by weakening mandates and taking key tools away from states and localities despite many of them requesting HUD’s guidance,” the letter said. “Consistent with the current administration’s anti-civil rights framework, HUD and the administration are taking actions that will only decrease housing opportunity for the people of America.”

But HUD leadership’s position is that the AFFH rule — originally enacted during the Barack Obama administration before it was targeted during President Trump’s first term, and effectively restarted under President Biden — amounted to a government-sanctioned “annexing” of U.S. suburbs and signaled that action would be taken to roll it back.

“We are going after AFFH to restore the power, the flexibility, the rule-making authority back to localities, back to states because they understand their needs,” Turner said in February during an appearance on a conservative commentator’s program. “They understand the needs they have in their local neighborhoods. The federal government should not be heavy-handed mandating how people zone, or how people build in different localities.”

Two weeks later, HUD announced in a media conference that it was ending the rule, but remains committed to enforcing the Fair Housing Act of 1968.

“By terminating the AFFH rule, localities will no longer be required to complete onerous paperwork and drain their budgets to comply with the extreme and restrictive demands made up by the federal government,” HUD Secretary Scott Turner said in a statement in February.

“This action also returns decisions on zoning, home building, transportation, and more to local leaders. As HUD returns to the original understanding and enforcement of the law without onerous compliance requirements, we can better serve rural, urban and tribal communities that need access to fair and affordable housing.”

May 8, 2025/0 Comments/by JKents
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Real CEO Tamir Poleg talks AI’s role in redefining real estate

On this week’s episode of RealTrending, Tamir Poleg, CEO of The Real Brokerage, joins Tracey Velt to unpack how artificial intelligence (AI) is not just enhancing real estate — but redefining it.

Poleg explains how Real is embedding AI into the company’s core functions, using tools that handle thousands of agent inquiries daily and power automated broker reviews.

These efficiencies, Poleg says, are critical for scale, but so is preserving culture.

This conversation excerpt has been edited for length and clarity.

Velt: Some critics argue that real estate is a relationships business and that clients don’t want to interact with AI. What do you say to those detractors?

Poleg: Oh, 100%, this is a relationships business. But at the same time, we have to understand that AI is probably bigger than all of us anticipate. AI will change industries and eliminate a lot of jobs.

He stressed that this isn’t about whether Real chooses to use AI — it’s about the larger threat that the industry faces from outside disruptors. If real estate brokerages don’t adapt, Poleg warned, someone else will.

Poleg: Unless we invest in AI in order to provide the tools for our agents to provide a better service to their clients, somebody else from the outside will be leveraging AI and will end up probably eliminating all of us.

While Poleg agreed that relationships will remain core to the business, he argued that the support structures behind those relationships must evolve. Real conducted an internal audit of the buyer-agent experience and identified hundreds of distinct tasks that agents perform.

Poleg: We came up with a list of 200 or 250 tasks that agents perform for buyers, for example. And we realized that about 90% of them can be automated or replaced by — or enhanced by — AI.

He emphasized that consumers now expect agents to be available around the clock and to deliver quick, data-rich answers. AI, he said, is the only tool that can make that kind of support scalable.

Poleg: An individual can be enhanced using AI in a way that is not scalable just based on the human component. So if anyone is second-guessing what we’re trying to do, we’ll probably let the future decide.

May 8, 2025/0 Comments/by JKents
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New era dawns for landmark Geelong home opposite Pevensey Park

A landmark heritage property described as “Geelong’s most iconic residential home” has hit the market opposite Pevensey Park.

The grand, six-bedroom, six-bathroom Pevensey House is poised to fetch $5.95m after a painstaking restoration by the current owners.

They added an open-plan extension to the rear of the two-storey home several years after buying it in 2007 and have returned its original Federation Queen Ann features to their former glory.

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17 Pevensey Cres, Geelong, is on the market for $5.95m.

A mahogany staircase is the centrepiece of the entrance hall.

A distinctive, octagonal tower is the crowning glory of the residence, which occupies a prominent 1136sq m corner site at 17 Pevensey Cres, Geelong.

McGrath, Geelong agent David Cortous said the lookout offered views right across Geelong and the nearby botanic gardens.

He said the house, originally built in 1891 for Geelong businessman Robert Scott, an ironmonger and importer, was extraordinary.

“It has quite a history over the years, it has been a bed and breakfast, I think it was two dwellings at one point before these guys bought it and did the renovation on it,” Mr Cortous said.

“It’s an incredible house – the condition of it is just remarkable.

The original built-in bar has been restored in the formal dining room.

A balcony overlooking Pevensey Park is accessible from the main bedroom suite.

The property has six renovated bathrooms.

“For the size of the home, let alone the land it sits on, in this day and age you wouldn’t be able to built it for that price. For what it is, it shows exceptional value. If that property was sitting in Melbourne it would be $20m.”

Nine decorative fireplaces, extraordinary leadlight windows and an entrance hall showcasing archways, marble floors and a grand mahogany staircase are among restored features that contribute to Pevensey House’s standing as one of Victoria’s finest heritage residences.

A music room, a dining room with a built-in bar and a formal lounge with a bay window overlooking Pevensey Park are among the traditional highlights.

Custom steel framed windows connect the rear extension to the pool deck.

The floors in the open-plan living zone continue the original home’s chequered theme.

The self-contained guest cottage has two bedrooms and a central living space.

They’re complemented by a newer open-plan living zone at the rear where custom steel-framed windows take in the pool and immaculate gardens.

Park views are also a highlight of the first floor main bedroom suite, which Mr Cortous said was more like a private wing incorporating a sitting room, home office, bathroom and balcony.

He said it could be accessed either via the grand main staircase, the commercial, hotel-style lift or second private internal staircase.

“It’s got a separate self-contained unit there as well. They don’t Airbnb it, it’s for private use only, but there is an opportunity there if you want to get an income from the property,” he said.

The post New era dawns for landmark Geelong home opposite Pevensey Park appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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Block host Scott Cam reveals trick to tell if home is hiding damage

Many Aussie homes have become ticking time bombs – and Scott Cam, the long-time host of renovation TV show The Block, said owners need to wake up before disaster strikes.

In a slap-down of sloppy DIY and homeowner complacency, the TV tradie king said maintenance blind spots were costing Aussie households hundreds of millions of dollars.

The carpenter-turned-TV star is sounding the alarm after new Allianz research found 87 per cent of homeowners were failing to carry out monthly maintenance checks.

About 13 per cent of respondents to the insurance group’s nationally representative survey admitted to never checking their homes unless something went wrong.

“The stats are astounding,” Mr Cam told News Corp.

“People are walking out the door for long European holidays without checking their gutters, their drains, or the flexi-hose under their sink, and they come home to (major) damage.”

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Mr Cam suggested checking the water meter to determine if there were leaks.

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According to Allianz, burst water pipes – many caused by a simple, overlooked fixture called a flexi-hose – are racking up an eye-watering $800 million in claims.

Mr Cam said twisted or kinked hoses beneath kitchen or bathroom sinks were often the culprits and could unleash a torrent through homes left empty for weeks.

“If you’re home you can obviously turn the water off, but often these leaks happen while people are away,” he said.

He said homeowners often had hidden leaks in their houses that were slowly causing the kind of damage that would require costly repairs down the line.

A trick he recommended homeowners use to spot these leaks was to approach the water meter with a texta and mark down the reading.

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Carpenter turned TV host Scott Cam.

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He then suggested turning off any devices that consumed water and revisiting the meter a few hours later.

“You’ll know there is a hidden leak if the water reading has changed. Sometimes the meter might only move slightly, but it’s a great way to see if you have a small drip somewhere.”

Many of the other maintenance checks homeowners should do required simple common sense, Mr Cam said.

“We’re trying to educate people,” he said. “If it rains, go outside and see where the water is going. Under the sink, check those flexi-hoses.”

Allianz revealed about 63 per cent of homeowners were tackling some repairs and maintenance themselves, but lacked any training.

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Leaks were not always obvious.

“There’s nothing wrong with giving it a go, it’s a great Aussie pastime, but you’ve got to know your limits. Don’t touch plumbing or electrical unless you’re licensed,” Mr Cam said.

The veteran builder also took a swing at a recent spate of unfinished renovations, pointing out they were often the result of poor budgeting.

“Materials costs have gone up enormously, building costs have climbed dramatically, and people aren’t always aware of what’s going on in the industry when they start. You have to be able to budget a project really well,” Mr Cam said.

He added that cost blowouts in some projects were often the result of “variations”, where the owners decided to change their plans once works had already commenced.

.

“In the building industry, variations are one of the biggest costs to clients. If you do it, it costs money. Then (the project) goes outside the budget. If it’s a couple of variations the costs can really go up … some won’t have that kind of money.”

The post Block host Scott Cam reveals trick to tell if home is hiding damage appeared first on realestate.com.au.

May 8, 2025/0 Comments/by JKents
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KW CEO Czarnecki brings in former colleague as new CFO

More executive changes are happening at Keller Williams. Shortly after a large investment from Stone Point Capital and the appointment of Chris Czarnecki as CEO, Keller Williams has brought on Tim Dieffenbacher as its new chief financial officer.

Dieffenbacher most recently served as the CFO of a publicly traded real estate investment trust in Dallas. He has also previously worked alongside Czarnecki at Broadstone Net Lease and Broadstone Real Estate, where he served as senior vice president, chief accounting officer and treasurer. 

“What drew me to Keller Williams was the people, the culture, and the opportunity to work with Chris again,” Dieffenbacher said in a statement. “There’s a genuine sense of shared purpose and entrepreneurial spirit here that’s hard to find. I’ve always been motivated by the chance to work with good people, solve challenging problems, and build something meaningful — and that’s exactly what I see at Keller Williams.”

In addition to Dieffenbacher’s appointment, Stacie Herron was officially tapped as Keller Williams’ chief operating officer. She had been serving as the interim COO and will hold this role alongside her position as the firm’s chief legal officer. In her role as COO, Herron leads several teams, including growth, franchise systems, legal, risk management, human resources and workplace experience. 

“Stacie has already delivered meaningful impact as our chief legal officer and interim COO, and her official appointment as COO reflects our confidence in her continued leadership,” Czarnecki said in a statement. “Tim and Stacie embody the leadership that will drive our next chapter of growth, as we continue to enable KW-affiliated agents and market center leaders to thrive.”

May 8, 2025/0 Comments/by JKents
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