It’s not a house,and only for storage,but that didn’t stop a local paying $350,000 more than its price guide – in cash.
The sun has not set on the Aussie dream of owning a place on the coast and some areas are even cheaper than 12 months ago.
They know what they liked about their current home over the years,and what they’re looking for in their next iteration.
A country lifestyle within two hours of Melbourne is now tens of thousands of dollars cheaper,and some areas have plenty of homes for sale.
Some former Melburnians who made a tree-change a few years ago have stayed,but others are now leaving the city for a cheaper cost of living.
A glass studio overlooking a dam plus cabin and homestead make the owner of the hinterland estate some serious money.
A construction slump,a growing population,tight job markets and wage increases are set to shape the property outlook,barring any shocks.
Some Melbourne home hunters are turning away from mass-produced stock in favour of restrained elegance and generous proportions – on a budget.
The seller built the showpiece estate to live in himself and it has double-height windows and a pool,but the garaging is a knockout.
Home borrowers can breathe slightly easier since last month,but advocates warn that the situation for many renters is now dire.