Property Managers

Coronavirus: previous economic shocks reveal likely pandemic impact on Aussie housing

Uncertainty over the effect of coronavirus may have sent stocks plunging to 30-year lows but property values are unlikely to get a similar hit – even in a recession, real estate analysts claim.

There is still considerable uncertainty over how the pandemic will impact the market but recent interest rate cuts suggest it will be largely insulated from a major crash.

The housing market also has a history of performing relatively well after economic shocks compared to the more volatile share market, according to CoreLogic head of Australian research Eliza Owen.

MORE: Bold bidding tactics emerge amid virus panic

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Futuristic geodesic dome is Bruny Island’s most unique home

29 Youngs Road, Apollo Bay. Picture: SUPPLIED

KEEN property hunters — with excellent memories — might remember when Tasmanian artistic couple John and Penny Smith’s space-aged geodesic dome home at Mount Nelson hit the market.

With its curved shape, sustainability-focused design and impeccable retro chic, it is a property that’s hard to forget.

For those who love the idea of a dome, but have also been eyeing Bruny Island properties — for a full-time dwelling, weekender or short-term accommodation — this property at Apollo Bay might tick every box.

One of a kind on the island.

Check out the windows.

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DKO Architecture interior designer Brad Preston’s Home Truths

Brad Preston, senior interior designer at DKO Architecture.

Brad Preston is a senior interior designer at DKO Architecture.

Where do you live?

In an apartment in St Kilda with my partner, Jared, and cavoodle, Domino. We bought it about two years ago but are on the lookout for something a bit larger.

What do you love most about your home?

The location. St Kilda has such an eclectic mix of people and I love being close to the beach. We are spoiled for cafes, restaurants and bars, and are lucky to have an amazing view to the city.

Have you

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Mt Waverley pad comes with glass waterfall and fire station door

Be greeted by a small waterfall upon entry.

There are plenty of conversation starters at this wild Mt Waverley pad on one of Monash’s best streets.

Built by En Vogue Home’s owner Simon Theobold as his own home, 12 Sherwood Rd is on the market with an asking price of $3.2-$3.5 million.

Boasting a massive underground cellar hidden behind a hatch in the kitchen floor and an epic floor-to-ceiling glass waterfall upon arrival, the five-bedroom house is a real head-turner.

RELATED: Mt Waverley: new house with basketball court sells at auction


Coronavirus: Melbourne auction action to be hit by pandemic

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South Australian homestead transformed into modern country haven

1731 Jervois Rd, Woods Point. Pic: realestate.com.au

There’s a reason we’re told not to judge a book by its cover.

Case in point is this stunning riverside house in regional South Australia.

The Woods Point property at 1731 Jervois Rd looks like a classic country homestead from the outside but conceals a completely different style within.

A modern interior with natural materials, including wood and brick, and black accents offers a surprising contrast.

Owners Rosco and Mel Higgins lived in a self-contained shed on the acreage property for years while they built the house.

They retained the original two bedrooms

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