Property Managers

Brighton heritage home restored to glory set to reap millions

41 Black St, Brighton has been dubbed one of Bayside’s most notable homes.

The owners of a historic Brighton property who saved it from demolition are set to turn their almost $700,000 investment into mega millions.

Called St Ronans, the grand six-bedroom house was restored to its former glory after it was purchased for $665,000 in 1992, according to CoreLogic records.

The property, which the local historical society has dubbed one of Bayside’s most notable heritage homes, is now on the market for $7.5-$8.25 million.

RELATED: Hope for Melbourne’s heritage homes after changes

Brighton church conversion 22 years in the

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Adelaide’s most in-demand suburbs for property revealed

The Medindie property at 55 Dutton Tce sold in September last year. Pic: realestate.com.au

A quiet Adelaide suburb renowned for its classic character homes and leafy streets is experiencing booming demand as house hunters fight to secure a slice of the Australian dream.

According to a realestate.com.au data revealing Adelaide’s most in-demand areas, househunters are keeping a close eye on Colonel Light Gardens, with demand for property in the tightly-held suburb surging over the past year.

The data is calculated on the number of property searches in a suburb relative to the number of listings.

Demand for property in Colonel

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The cost of renting property on the rise across greater Adelaide

The Broadview property at 3 Sandville Ave is listed for rent at $340 per week. Pic: realetsate.com.au

Tenants are paying almost $10 more each week to rent property in Adelaide than they were a year ago, new data reveals.

CoreLogic’s January quarterly rent review shows the median rent has increased 2 per cent in the past year to $393 a week.

It was much lower than rent in Sydney, which had a median of $574 a week, and slightly higher than rent in Perth, which recorded the lowest median at $390 a week.

Landlords were marginally better off with the

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Auction battle at glamour Killara home smashes street sales record

McGrath auctioneer Ed Riley in action during the auction of 12 Garnet St, Killara.

A touch of Hollywood glamour had plenty of buyers chasing a luxury Mediterranean-style property in Killara on Saturday.

Five bidders registered for the auction of 12 Garnet St, but it came down to two locals who fought it out to the end – pushing the sale price $400,000 above the guide.

MORE: ‘Significant’ estate set to hit the market

Classic Hunters Hill home fetches huge price

Peter Chauncy, of McGrath Crows Nest, said the bidding opened at $5 million, rising in increments of $100,000, $50,000

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Finding a rental is more competitive than ever

As peak rental season draws to a close (December to February), realestate.com.au data reveals that visits to the rental site reached a record high. 

January 2020 saw record visits to the rent site. Picture: realestate.com.au/rent

January 2020 showed more than 20 million visits to the rent site, which is more than a million extra visits compared to the same time last year.

While this is great news for landlords trying to fill their properties, it’s not such good news for tenants who already find the market competitive.

“This would speak to a lot of people’s lived experience that trying to

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