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$900,000 Ipswich home sets record with speed of sale

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$900,000 Ipswich home sets record with speed of sale
QUICK SALE: A property at Augustine Heights sold by Brookwater Residential agent Irena Marasea spent one day on the market.

AN AUGUSTINE Heights home has been snapped up by eager buyers for $900,000 just one day after it was put on the market.

The sale of the five bedroom, three-bathroom home is believed to be the quickest in the area.

It was also another feather in the cap of Brookwater Residential agent, Irena Marasea.

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Ms Marasea, who last year set the price record with a $1.4 million sale in Brookwater, attributed the fast sale to the depth of her buyer database.

With a second kitchenette and an additional double garage, Ms Marasea said it was a unique property that appealed to a certain couple.

“These buyers had a particular requirement and this house really ticked all of their boxes,” she said.

The sale of the home was a straight-forward one.

“I met with the owners and they wanted to see what I thought of their property,” she said.

“They were surprised and taken back at the value of the appraisal I’d given them.”

 

The home, with five bedrooms and three bathrooms sold for $900,000.

The home, with five bedrooms and three bathrooms sold for $900,000.

The home was put on the market and within one day the buyers, Victoria and Ian, had fallen in love with it.

“I could just see that these buyers, it was for them, I knew they would like it – their lifestyle would fit,” Ms Marasea said.

“It was a really nice sale for all parties.”

The couple had spent about eight months with Ms Marasea searching for the right property.

She believes by understanding the couple’s ideas and wishes, the sale was completed quickly and easily.

Ms Marasea has worked as a real estate agent in the area for about 10 years.

She recalls the days when about five cars used the Centenary Motorway, a far cry from the bustling metropolis the Greater Springfield region is becoming.

With last year’s $1.4 million Brookwater sale, Ms Marasea predicts the region will continue growing.

“I think definitely in a positive direction, people love the idea of living there,” she said.

“You’ve got lots of beautiful houses with swimming pools, lots of land available.”

Her record-breaking time on the market led Ms Marasea to create ‘sold in one day’ stickers.

Originally Published: www.qt.com.au

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Seven figure sales show Ipswich is a property gold mine

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Seven figure sales show Ipswich is a property gold mine

MANY Ipswich residents may not realise they are sitting on a property gold mine, with two homes snatching seven figures in the past few months.

A home in Waghorn St in Woodend sold in November for $1.09 million, while just up the road a home in Burnett St sold for $1.11 million this month.

June Frank from Walkers Real Estate believes it is further proof that Ipswich is becoming a destination for home buyers looking for value in their investment.

“The replacement value alone along with the huge block means that they represented great value for money,” Ms Frank, who handled both sales, said.

“If you’d have bought that house in Waghorn St and done all the work that the owners had done over the last 20 years in a short time you’d be looking at a sale price of $1.8 million to get your money back.

“I’m finding families from Brisbane all the time at open homes. You go to the northside of Brisbane and for $700,000 you’re lucky to get a two or three-bedroom home, but here you can buy a palace for $500,000 on a big block.”

Seven figure sales show Ipswich is a property gold mineThe house at 6 Waghorn Street is now one of Ipswich’s ‘Million Dollar Homes’

Local agent and Real Estate Institute of Queensland representative Darren Boettcher believes the fact Ipswich now has million dollar homes it will drive the prices up from the bottom, not the top down.

“A few years ago you could pick up a property for under $100,000,” Mr Boettcher said.

“Then it crept up to $150,000 and I think 18 months from now you won’t get anything in Ipswich for under $250,000 the way things are going. While the average price in Ipswich is now $320,000, it really is a seller’s market.”

“Things are moving up in Ipswich. When I got into this business in 1991, there were two sales people and we had 135 listings. Today we have 135 buyers and one listing, that’s how things are now. There just aren’t enough houses for sale in Ipswich. The population growth and infrastructure has changed things. Eastern Heights for example has gone up 30 per cent in five years.”

Source: www.qt.com.au

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Parts of Ipswich CBD closed to make way for demolition

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Parts of Ipswich CBD closed to make way for demolition

PARTS of the Ipswich CBD will be closed to traffic during the day time for the next three months from this week.

Police will block off one lane of Bremer St between Olga St and Ellenborough St and Mansfield Place between East St and Bremer St as heavy equipment move in to continue the Ipswich CBD demolition.

The road closures will be now until July 9 between 9am and 2.30pm Monday to Friday and 8am and 5pm on weekends.

The road closures coincide with the latest phase of the Ipswich CBD redevelopment which includes builders removing the former 30-minute car park, former Woolworths supermarket and adjoining tenancies.

Work started this week on the roof, facade, remaining walls and frames of the building.

The wrecking ball and dozers moved into the derelict site mid last year, demolishing what used to be the heart of the city, ready for a fresh new look to begin evolving in 2018.

Ipswich City Properties Chairman Councillor Paul Tully said visitors to the mall would have noticed the crane removing large concrete panels.

While the entry to P3 of the car park will be closed for a short time during this phase of construction, motorists can still enter the car park via P5 and drive up to P3. There will be no reduction in car parking spaces during this time with all parking remaining available on levels 3, 4, 5 and 6.

To enter the car park via P5, turn into Ellenborough St, turn right onto Bremer Street at the Riverheart Parkland entry and then veer right on the slip road to enter P5.

Source: www.qt.com.au

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Defence contract the best thing for Ipswich since rail began in 1865: Mayor

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Defence contract the best thing for Ipswich since rail began in 1865: Mayor

Ipswich mayor Andrew Antoniolli inside a Rheinmetall Boxer armoured vehicle. Photo: supplied.

Talking points

  • Plans for the Redbank Military Vehicle Centre of Excellence have already been lodged with Ipswich City Council.
  • The initial plan is to build 211 new generation armoured personnel carriers for the Australian Army, but the facilities could cover additional vehicles.
  • Rheinmetall at the end of 2017 began talks with Bluescope Steel to be a suppliers of Australian steel for the vehicles which will run off the production line from 2020.

The decision to award a $5 billion contract for 211 high-tech armoured vehicles in Queensland means a new multimillion-dollar Centre of Excellence at Redbank and defence jobs for 40 years.

Ipswich mayor Andrew Antionolli said the decision was the biggest news for Ipswich since Queensland Rail came to town.

Queensland’s first train line was built from Grandchester to Ipswich in 1865, kickstarting the Ipswich railway workshops that employed thousands of people until they closed last decade.

Cr Antoniolli said the Defence contract announced on Wednesday would create more than 330 permanent jobs from the outset, build significant opportunities for local businesses and provide associated work with ongoing delivery and maintenance of the vehicles.

“This is huge for Ipswich, make no mistake,” he said.

Originally Published: www.smh.com.au

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