By Herron Todd White
Sugar-free and guilt-free. Eye candy provides voyeurs with dreams of what could be.
Through 2019 there has been a mixed bag of eye candy available for those looking to purchase and those just window shopping. We are going to delve into the 2019 sales and current listings that have made the mouth water and the jaw drop.
The metro market has seen a handful of $3 million-plus transactions throughout 2019, centred within the inner ring and western beachside suburbs.
North of the city, 55 Dutton Terrace, Medindie achieved a sale price of $4.1 million; south of the city, 7 Victoria Terrace, Unley Park achieved a sale price of $3.88 million. Both these properties provide extended and renovated dwellings on large allotments and are each located on their respective suburb’s blue ribbon street. West of the city, 307 Esplanade, Henley Beach and 81 Seaview Road, Tennyson achieved sale prices of $3.5 million and $5.2 million respectively. Both properties have unrestricted ocean views and 81 Seaview Road has direct beach frontage and accommodation of seven bedrooms and eight bathrooms.
During 2019, the Adelaide Hills achieved one of the highest residential transactions on record with 36 Riverview Road, Woodside transacting for $4.962 million. Known as Glenhurst and comprising 30 hectares of land, the dwelling was built in 2012 and provides four bedrooms and three bathrooms across some 800 square metres of living. The yards surrounding the dwelling are immaculately manicured whilst the remaining land is divided into ten paddocks.
Other notable listings within the Adelaide Hills are 762 Strathalbyn Road, Mylor which is a six-bedroom, six-bathroom character dwelling on 18 hectares and 14 Williams Road, Heathfield, a super modern futuristic five-bedroom, three-bathroom dwelling on three hectares. The latter is a one of a kind with curved concrete external walls and all the mod cons. Both properties are currently listed with asking prices in excess of $3 million.
The inner eastern prestige market has seen a flurry of activity heading into spring with a number of extensive heritage dwellings hitting the market. Honourable mentions go to: 148 Grant Avenue, Toorak Gardens; 56 Yeronga Avenue, Kensington Park; 9 Prescott Terrace, Rose Park; and 40 East Terrace, Kensington Gardens. Each of these properties comprises a character dwelling with all the trimmings on allotments ranging from 1,500 square metres to half a hectare. These properties are each listed with price tags in excess of $4 million.
The pick of the bunch has been 103 Alexandra Avenue, Toorak Gardens which is currently under contract with an undisclosed asking price. This property comprises a renovated and extended heritage dwelling with five bedrooms and two bathrooms on a 1,300 square metre site. This property’s point of difference is the 16 square metre cellar with glass viewing deck into the 25-metre indoor lap pool.
After being purchased in April 2018 for $3.2 million, 48 Carrick Hill Drive, Mitcham is back on the market with an undisclosed asking price. The property comprises a circa 2004, four-bedroom, three-bathroom dwelling with distant suburban Adelaide views. The property has manicured yards, pavilion and wet edge swimming pool located across the expansive 7,000 square metre allotment. What makes this property unique is that post the 2018 transaction, a development application was lodged to demolish the dwelling to make way for an even larger dwelling.
The CBD apartment market has always been popular with window shoppers. Activity thins out at the $2 million price point within this market with only the most ostentatious punching through the ceiling. Located fronting Hurtle Square in the CBD’s south-east quadrant is 701/36 Hurtle Square, Adelaide. This penthouse apartment was constructed in 2018 and provides expansive 180-degree skyline views. The apartment is disposed as three bedrooms and three bathrooms and includes four car parks. This apartment transacted for $2.65 million in April and represents one of the highest prices achieved for a CBD apartment in 2019.
One of the most unique offerings in the CBD comes in the form of an expansive penthouse apartment at 1001/19 Gilles Street, Adelaide. Constructed in 2009, the complex is known as The Wave and provides occupants with significant common amenities. The apartment is disposed as three bedrooms, three bathrooms five car spaces and totals some 550 square metres of living across two levels. The apartment has its own secluded roof terrace, swimming pool and expansive views east of the city to the Adelaide Hills. This property has been listed for sale for approximately five months and has a current asking price in excess of $5 million.
Known as the city of churches, both metropolitan and regional South Australia see their fair share of unique residential conversions of these architectural masterpieces. Transacting in August at $683,500 was 2/31 Carlton Parade, Torrensville, a community titled converted church maisonette on 271 square metres. The property had been extensively renovated and provided two bedrooms and two bathrooms.
An eye-catching church conversion is located at 8 Horn Street, Houghton. Houghton is a small hills township located just north-east of the metropolitan boundary. The property has been fully renovated and converted to residence providing three bedrooms and two bathrooms, rear extension and manicured gardens. The property is listed with an asking price of $990,000 to $1.08 million.
Other notable mentions are 8 Stirling Street, Wallaroo and 30 Church Hill Road, Old Noarlunga, with asking prices of $575,000, and $400,000 to $440,000 respectively. Both these properties have a domineering street presence with 8 Stirling Street being offered with a bed and breakfast on a walk-in, walk-out basis and 30 Church Hill Road, Old Noarlunga having its own cemetery dating back to 1850.
Beauty is in the eye of the beholder. Whether you are looking for the vanilla, ostentatious or quirky, the market will throw up something to cater.
Speak with an Adelaide Mortgage Broker today.
DISCLAIMER: The information contained in this article is correct at the time of publishing and is subject to change. It is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, Smartline recommends that you consider whether it is appropriate for your circumstances. Smartline recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.