By Herron Todd White
November 2019

Here we go – eye candy property. Who doesn’t love a good drive by or website search to view those amazing properties? With shows such as The Block absolutely dominating the ratings, as usual, we all love having a good perve on some glamorous properties and checking out their styling choices and all those little extra features that wow the crowds.

Recently we’ve been advised of a property currently under contract which is rumoured to have broken the highest sale price in Newcastle. This prestigious property is located in the suburb of Bar Beach within close proximity to the actual Bar Beach. The sale is closely compared to the previous record holder of 40 Kilgour Avenue, Merewether which sold for $5.51 million in February 2019.

This architect-designed dwelling has four-bedrooms, three-bathrooms, three-car spaces and views over Empire Park and Bar Beach, all centrally located within close proximity to shopping and the CBD. Ancillary items include a 16.5-metre solar heated lap pool and north-facing gardens and outdoor area. It’s been reported that the agent had good interest in the property and it was listed for around three to four weeks. This recent sale is evidence that there is a strong demand for this particular type of property in Newcastle with very limited supply on the market at this time.

Another unique property in Kotara also recently sold for $2.175 million and set the highest sale in the area record. This property is unique to the area and situated on a large 5,685 square metre block of land. It almost feels like it’s located in the country instead of in the middle of the Newcastle area.

This renovated property has four-bedrooms, two bathrooms and eight-car spaces not to mention gym, tennis court, screen covered heated saltwater pool with alfresco area and built-in BBQ. This property has so many features indoor and out it would take half this month’s review to get through them all. With such an ideal central location that’s close to shopping precincts of Kotara Westfield and Charlestown Square and also the John Hunter Hospital, it’s a great spot for both professionals and families.

To finish we present the ultimate eye candy property, aptly referred to as the Black House. This striking architect-designed four-bedroom, three-bathroom and two-car-space property sold for $2.18 million in October 2019.

This magazine editorial worthy property has captured attention since it hit the market with its Japanese inspired design and complementary landscaping and has proved to be a winning combo with a strong sale price. The house spans four levels of living area and boasts a car garage with internal lift, plunge pool and smart automation home system, keeping it up with the technology game.

We feel that the best take away from the eye-popping candy edition is that there is regaining strength in our market, albeit slow, but it’s moving in the right direction. These types of properties, whilst different styles, appeal to a particular type of buyer who is actively seeking and ready to buy when these prestige properties hit the market.

Speak with a Newcastle Mortgage Broker today.

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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.