4 Garrick Street Coolangatta Qld 4225The standout example was the outdoor entertainment zone with custom made barbecue that has a soaring two storey ceiling, walled in on three sides for privacy and open towards the swimming pool area. The perimeter fence consists of solid walls and louvres of varying levels. 4 Garrick Street Coolangatta Qld 4225A COOLANGATTA home with apartment buildings for neighbours is a masterclass in the use of privacy filters.Designed by Paul Uhlmann Architects, the triple storey property at 4 Garrick Street, Coolangatta was billed as “an exemplary lifestyle sanctuary”. 4 Garrick Street Coolangatta Qld 4225Floor-to-ceiling glass “frames serene park and oceanic vistas”, but the design throws in the use of automated screens, panels, curtains, decks and manicured gardens to create personal space. More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours ago4 Garrick Street Coolangatta Qld 4225Metres from the beach and restaurants, the layout uses design elements to boost privacy while still making the most of the water views. 4 Garrick Street Coolangatta Qld 4225Agents Chris and Kelly Holt of McGrath Coolangatta/Tweed Heads have just put the property under contract. 4 Garrick Street Coolangatta Qld 4225
R4 Stubley Street Wavell Heights has achieved the suburb’s best sale price for a sub-700 sq m homesite in the past 12-months. Picture: realestate.com.auThis home at 4 Stubley St Wavell Height is one stunning construction and it’s weekend auction has achieved the suburb’s highest price for a residence on a sub-700 sq m block in the past 12 months. Alan & Jacquie Speirs outside their new home on Stubley Street in Wavell Heights. Pictures: Jack Tran Crowds gathered early for what would prove to be a very exciting result. Pictures: Jack TranMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoAn opening bid of $950,000 got the ball rolling but competition between three bidders saw the number rise to $1.125 million in minutes.After some short discussion, the property was declared on the market with a new offer of $1.25 million on the table … and that’s where is stayed until the hammer dropped and the winning bidder, Jacquie Spiers, celebrated with a fist-pump and a smile.“I’m a little bit competitive,” Mrs Spiers said.She and husband Alan had been searching for some time for just the right property and were over the moon with the result.“It’s been a while but it’s a window of opportunity for us and it’s all about timing. It came up at the right time and in the right area,” Mr Spiers said.“We’ve got an eye for detail and I think the lines particularly with this house struck us.“It’s got a lot of street appeal which is important, but I think it just ticked a lot of boxes as well. I race cars so a three-car garage is perfect,” he said.Mrs Spiers said celebrations would involve sitting out on the deck with a few friends and a bottle of champagne.She said their daughter knew they’d own the house well before the auction.“We’ve got a seven year old and we’ve been looking for several months I’d say, and this is the first house that she loves. She’s psychic,” Mrs Spiers added. 4 Stubley Street Wavell Heights has achieved a benchmark price. Picture: realestate.com.auThe property takes contemporary suburban living to the next level with polished concrete floors finishing a suspended slab to the upper level, an internal courtyard with pool, and a three-car garage.Eight registered bidders were in the starting blocks and the 60-strong crowd was full of locals keen to see how this architectural marvel faired.Auctioneer Haesley Cush employed his nimble wit, machine gun dialogue and trademark rolling “r”s to keep the crowd on its toes — his calling style would not be out of place at a cattle sale on the Darling Downs.
The home at 62 Vale St, Wilston.COMPETITION between eighteen registered bidders helped a colonial Queenslander in Brisbane’s inner north sell for $170,000 above the reserve price.The pretty-as-a-picture home at 62 Vale St, Wilston, recently sold under the hammer for $1.87 million — defying Brisbane’s sluggish auction environment.The strong interest for the property helped push the opening bid of $1.6 million higher until the home was on the market at $1.7 million.It then came down to just three bidders, who battled it out until a local buyer had the final say.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Marketing agent Ian Cuneo, of Ray White, said the four-bedroom, three-bathroom house on 810sq m had great street appeal and had attracted strong interest from local and interstate buyers.Auction activity can be slow this time of year, but the blue-ribbon north Brisbane suburb of Wilston is on fire, according to Mr Cuneo.He said Wilston had a high auction clearance rate, with the number of registered bidders at auctions steadily increasing.“We tend to find that the short supply of homes during this period actually increases the buyers’ activity,” Mr Cuneo said.The sale of 39 Ray St at auction recently for $3.851 million — a record price for the suburb — is testament to that.Mr Cuneo said Wilston’s proximity to the CBD, public transport, cafes and good schools made it a high-demand area.The suburb has a median house price of $1.17 million, according to CoreLogic.
Emi Cheng takes a virtual tour of her dream home with the assistance of Matthew Clements of Clements Clarke Architects.“As professionals, we deal with architectural ideas and the drawings associated with them every day,” he said.“Over the years, we have found that some clients can’t always grasp what the 2D plans are conveying.“We wanted a new a way to show our designs to our clients – to get them as excited about their project as we are and to help them better understand the design.”“This experience is more than just walking through a building.“The model is geo synched to the actual site so that clients can experience realistic light and shadows at any time of the day.”Using a HTC VIVE headset and wireless controllers, clients can see and experience their dream home without leaving the Clements Clarke office.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoA still from the virtual reality experience. A still from the virtual reality experience.“It is also a handy tool for us as architects. We produce 2D construction drawings off the 3D virtual model,” Mr Clements said.This new VR technology offers a point of difference over traditional animation and rendering and is offered free of charge to CCA clients.Entire designs can be changed in real time, before the building stage, giving clients the opportunity to tweak their dream homes to suit their needs.“For instance, if you would like a window changed, the model updates and within a few seconds what you are seeing will have changed as well,” Mr Clements said.The final walk through render can be exported to external platforms such as showrooms, sales offices, websites andsocial media.CCA clients Ted and Emi Cheng of Abor Developments praised the technology. A still from the virtual reality experience.Imagine standing in your new kitchen or climbing the stairs to your new master bedroom suite before the first foundations have even been poured.Bowen Hills firm Clements Clarke Architects (CCA) is using virtual reality to bring their clients’ homes to life, taking the concept of rendering to the next level by using 2D, 3D and other architectural modelling software to create an immersive experience for those looking to build their dream home.Matthew Clements of Clements Clarke Architects said some clients struggled to grasp their designs using more traditional methods. Ted and Emi Cheng“You can get a sense of size from seeing a room on a piece of paper. Seeing it, experiencing it, all in 3D, is something else,” Mr Cheng said.“I can stand in our living room, turn around and look back through to our kitchen, or walk over to the windows and look down into the courtyard.“It really shows how all the rooms fit together. You understand the flow of the house. It honestly felt like we were standing in our own home.”Mr Clements believes that the use of virtual reality in the construction industry remains in its infancy, but expects the technology to evolve into a combination of virtual and augmented reality.“Imagine arriving at your block of land, putting some digital glasses on and being able to see your building, walking around and through the site,” he said.“You could open doors, look through windows, sit down at the kitchen table, even run around in the backyard.”
Nearly a third of Australian households are in mortgage stress, according to new research. Picture: Thinkstock.IT HAS seen some huge money spent on homes in the past year, but householders in this Brisbane southside pocket are now feeling the pressure of paying off equally big mortgages.Camp Hill, Carina and Carindale have topped a list of areas across Brisbane where homeowners are having the most difficulty making loan repayments, according to the latest figures from Digital Finance Analytics.Nearly 3500 households are in mortgage stress in the 4152 postcode — up from 3082 only a month ago — and 87 are at risk of defaulting on their home loans in the next 12 months.New figures from property data firm CoreLogic show more buyers chose to invest in Camp Hill in 2017 than in any other Brisbane suburb — splurging $231 million on houses. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE The Reserve Bank of Australia is tipped to increase interest rates this year. Image: AAP/Dean Lewins.Mr North said he expected some upward pressure on mortgage rates in the next year due to international funding pressures, a potential for local rate rises and margin pressure on the banks.Financial markets are now pricing in a 60 per cent chance of the Reserve Bank lifting the official cash rate by August.Economists at CommSec and AMP predict interest rates could start rising in late 2018.TOP 10 POSTCODES FOR MORTGAGE STRESS IN QLD 1. 4350 (Toowoomba region)2. 4152 (Camp Hill, Carina, Carindale) 3. 4740 (Mackay region)4. 4034 (Aspley, Boondall, Geebung) 5. 4305 (Ipswich region) 6. 4352 (Toowoomba region) 7. 4127 (Daisy Hill, Slacks Creek, Springwood) 8. 4078 (Ellen Grove, Forest Lake) 9. 4161 (Alexandra Hills) 10. 4500 (Bray Park, Cashmere, Strathpine) (Source: Digital Finance Analytics) Digital Finance Analytics principal Martin North.Overall, mortgage stress improved slightly in Queensland in December, with 156,097 households in stress — down from 157,019 in November.But the probability of default rose to around 9500 households, and only a small jump in interest rates could push that much higher.More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoThe postcode encompassing the Toowoomba region remains the most stressed in the state, with 5400 households in mortgage stress and more than 200 at risk of default.Nationally, Digital Finance Analytics estimates nearly a third of households are in mortgage stress, with the number rising from 913,000 in November to 921,000 last month. HOW THE RICH PEOPLE LIVE Camp Hill is one of the suburbs where households are in the most mortgage stress. Picture: Patria Jannides.Digital Finance Analytics principal Martin North said households in that postcode were showing high levels of stress because they had taken on larger mortgages.“I think the slightly more affluent households could be the biggest problem, particularly if interest rates do start to rise,” Mr North told The Courier-Mail.He said lending was growing at “unsustainable” levels and there were many households currently holding home loans which would not be approved in the current environment of record high household debt relative to income.“This is a significant sleeping problem and the risks in the system are higher than many recognise,” he said. THE COST OF RENOVATING REVEALED