Latest news with #LJHooker
News.com.au
21-05-2025
- Business
- News.com.au
‘Just waiting': $89k home could be Australia's best buy
There's no worries about affordability or interest rates when it comes to this home bargain, all it needs is a lot of TLC. The classic two-bed home with a single bathroom sits on a very generous 904 sqm which leaves plenty of scope for expansion and renewal. It really is 'one for the renovator'. 'Located on a large corner block, this property presents a blank canvas for renovators seeking a project. With its 2 bedrooms and spacious corner block, this home is just waiting for the right person to bring it to life,' the listing for the home reads. Located at 595 Wolfram Street, Broken Hill, NSW 2880, this home is far cry from the over-inflated prices on offer in many of our capital cities. Sales agent Tara Nadge of LJ Hooker said homes under $100k that are liveable seldom come onto the market. 'They do come up here and there but usually they are not inhabitable and have walls missing,' she said. Prospective buyers will want to get in quickly. 'I have had a lot of interest in the property and I'm confident it won't take long to sell,' Ms Nadge said. 'It's ripe for renovating. It's about a two-minute drive to the CBD, a great area for renovating. It's very close to schools and amenities. The street itself has homes worth $100,000 to $500,000.' There is an outdoor shed and old garage on the property and the dimensions of the block mean the only limit is the buyer's imagination. 'It's a large block with possibilities to expand or add external developments,' the listing continues.
Daily Telegraph
14-05-2025
- Business
- Daily Telegraph
No way! What 75pc of Aussies don't want in their home
It's the one thing that a vast majority of Aussies just won't do when it comes to their home and it's sure to upset the family. A new study has revealed what is really taboo to Australian homeowners' today in our rough and tumble housing market. According to LJ Hooker's third annual survey on homebuyer behaviour and attitudes – How Australian Families Are Rethinking the Family Home – only one in four Australians are open to living with their in-laws. And of that lowly 25 per cent, more than half (50 per cent) have revealed that if they were to do so, ideally they would want a self-contained space for their in-laws such as a separate granny flat. MORE: Bizarre feature of Hemsworth's $50m Byron Bay home It is further evidence of the freshly evolving trend for Aussies in regard to their homes, the desire for personal space and for their property to be divided into different spaces for different purposes. LJ Hooker Group Head of Research, Mathew Tiller, said that the study illustrated that 'while family dynamics have shifted in recent years, the desire for space and independence remain as important as ever'. 'Multi-generational living comes with plenty of benefits — not just financial — but it has to be a workable model,' Mr Tiller said. 'That's why granny flats and separate homes on the same block are so popular. They let people enjoy the upsides of living together — like connection and support — while still having their own space. 'Parents also see the value in kids having their own bedroom — even if it might be cheaper to have them share.' MORE: Trashed '****hole': wild home sale sparks controversy That was borne out in another revealing finding from the study. That is: + shared bedrooms for children are a deal-breaker for many parents, with 60 per cent saying they would not consider a home where siblings would have to share a room. And: + Parental support extends well into adulthood, however, 42 per of parents expect their children to pay rent after turning 18. With most parents expecting their children to move out around age 28. As a result of Aussies' home preferences multi-generational living remains uncommon in Australia and that is unlikely to change any time soon – despite astronomical property prices sparking the conversation. However finances might mean, that many families won't simply have a choice. 'Housing dynamics have shifted in recent years, leading more families to live with their in-laws or adult children staying at home longer,' Mr Tiller said. MORE: What homes will be worth in each suburb by 2030 'Housing affordability challenges are undoubtedly influencing these decisions. Many families depend on dual incomes to manage their mortgage, and having in-laws live with them can be beneficial for all, including providing childcare. 'Interestingly, not everyone thinks adult children should pay rent to live in the family home. Some parents recognise how hard it can be to get a foothold on the property ladder and see this as a way of supporting their kids.' What Aussies want in a home varies wildly due to age, according to the study: + Younger Australians value formal living and dining spaces more than older generations, with 69 per cent of Gen Z considering them relevant compared to 37 per cent per centof Baby Boomers. And: + A quiet, peaceful atmosphere is the most important factor in choosing a community, with 52 per cent of families prioritising the importance of a school zone when buying a home. 'Younger buyers are often choosing smaller homes, so they see more value in having space to entertain,' Mr Tiller said. 'Older generations have often lived in homes with formal areas that weren't always fully used. 'Ultimately, most Australians just want a home that's peaceful, safe, and somewhere they can truly relax. 'We need to build more homes of all types to meet the diverse needs of our growing population. We need more people living near the services they rely on and the amenities they want to enjoy, increasing liveability and reducing transport strain.'
News.com.au
13-05-2025
- Business
- News.com.au
No way! What 75pc of Aussies don't want in their home
It's the one thing that a vast majority of Aussies just won't do when it comes to their home and it's sure to upset the family. A new study has revealed what is really taboo to Australian homeowners' today in our rough and tumble housing market. According to LJ Hooker's third annual survey on homebuyer behaviour and attitudes – How Australian Families Are Rethinking the Family Home – only one in four Australians are open to living with their in-laws. And of that lowly 25 per cent, more than half (50 per cent) have revealed that if they were to do so, ideally they would want a self-contained space for their in-laws such as a separate granny flat. It is further evidence of the freshly evolving trend for Aussies in regard to their homes, the desire for personal space and for their property to be divided into different spaces for different purposes. LJ Hooker Group Head of Research, Mathew Tiller, said that the study illustrated that 'while family dynamics have shifted in recent years, the desire for space and independence remain as important as ever'. 'Multi-generational living comes with plenty of benefits — not just financial — but it has to be a workable model,' Mr Tiller said. 'That's why granny flats and separate homes on the same block are so popular. They let people enjoy the upsides of living together — like connection and support — while still having their own space. 'Parents also see the value in kids having their own bedroom — even if it might be cheaper to have them share.' That was borne out in another revealing finding from the study. That is: + shared bedrooms for children are a deal-breaker for many parents, with 60 per cent saying they would not consider a home where siblings would have to share a room. And: + Parental support extends well into adulthood, however, 42 per of parents expect their children to pay rent after turning 18. With most parents expecting their children to move out around age 28. As a result of Aussies' home preferences multi-generational living remains uncommon in Australia and that is unlikely to change any time soon – despite astronomical property prices sparking the conversation. However finances might mean, that many families won't simply have a choice. 'Housing dynamics have shifted in recent years, leading more families to live with their in-laws or adult children staying at home longer,' Mr Tiller said. 'Housing affordability challenges are undoubtedly influencing these decisions. Many families depend on dual incomes to manage their mortgage, and having in-laws live with them can be beneficial for all, including providing childcare. 'Interestingly, not everyone thinks adult children should pay rent to live in the family home. Some parents recognise how hard it can be to get a foothold on the property ladder and see this as a way of supporting their kids.' What Aussies want in a home varies wildly due to age, according to the study: + Younger Australians value formal living and dining spaces more than older generations, with 69 per cent of Gen Z considering them relevant compared to 37 per cent per centof Baby Boomers. And: + A quiet, peaceful atmosphere is the most important factor in choosing a community, with 52 per cent of families prioritising the importance of a school zone when buying a home. 'Younger buyers are often choosing smaller homes, so they see more value in having space to entertain,' Mr Tiller said. 'Older generations have often lived in homes with formal areas that weren't always fully used. 'Ultimately, most Australians just want a home that's peaceful, safe, and somewhere they can truly relax. 'We need to build more homes of all types to meet the diverse needs of our growing population. We need more people living near the services they rely on and the amenities they want to enjoy, increasing liveability and reducing transport strain.'
Herald Sun
13-05-2025
- Lifestyle
- Herald Sun
No way! What 75pc of Aussies don't want in their home
It's the one thing that a vast majority of Aussies just won't do when it comes to their home. Picture: Sam Ruttyn It's the one thing that a vast majority of Aussies just won't do when it comes to their home and it's sure to upset the family. A new study has revealed what is really taboo to Australian homeowners' today in our rough and tumble housing market. According to LJ Hooker's third annual survey on homebuyer behaviour and attitudes – How Australian Families Are Rethinking the Family Home – only one in four Australians are open to living with their in-laws. And of that lowly 25 per cent, more than half (50 per cent) have revealed that if they were to do so, ideally they would want a self-contained space for their in-laws such as a separate granny flat. MORE: Bizarre feature of Hemsworth's $50m Byron Bay home Multi-generational living – no thanks. Picture: Brett Hartwig. Picture:Brett Hartwig It is further evidence of the freshly evolving trend for Aussies in regard to their homes, the desire for personal space and for their property to be divided into different spaces for different purposes. LJ Hooker Group Head of Research, Mathew Tiller, said that the study illustrated that 'while family dynamics have shifted in recent years, the desire for space and independence remain as important as ever'. 'Multi-generational living comes with plenty of benefits — not just financial — but it has to be a workable model,' Mr Tiller said. 'That's why granny flats and separate homes on the same block are so popular. They let people enjoy the upsides of living together — like connection and support — while still having their own space. 'Parents also see the value in kids having their own bedroom — even if it might be cheaper to have them share.' MORE: Trashed '****hole': wild home sale sparks controversy A 7-bedroom home with panoramic views that's designed for multi-generational living. Outdoor areas include a covered barbecue area with electronic louvres, a heated pool and another space geared for outoor movie nights. That was borne out in another revealing finding from the study. That is: + shared bedrooms for children are a deal-breaker for many parents, with 60 per cent saying they would not consider a home where siblings would have to share a room. And: + Parental support extends well into adulthood, however, 42 per of parents expect their children to pay rent after turning 18. With most parents expecting their children to move out around age 28. As a result of Aussies' home preferences multi-generational living remains uncommon in Australia and that is unlikely to change any time soon – despite astronomical property prices sparking the conversation. However finances might mean, that many families won't simply have a choice. 'Housing dynamics have shifted in recent years, leading more families to live with their in-laws or adult children staying at home longer,' Mr Tiller said. MORE: What homes will be worth in each suburb by 2030 Granny flats are a fall back. 'Housing affordability challenges are undoubtedly influencing these decisions. Many families depend on dual incomes to manage their mortgage, and having in-laws live with them can be beneficial for all, including providing childcare. 'Interestingly, not everyone thinks adult children should pay rent to live in the family home. Some parents recognise how hard it can be to get a foothold on the property ladder and see this as a way of supporting their kids.' What Aussies want in a home varies wildly due to age, according to the study: + Younger Australians value formal living and dining spaces more than older generations, with 69 per cent of Gen Z considering them relevant compared to 37 per cent per centof Baby Boomers. The kids can stay until they are 28. Picture: Jonathan Ng And: + A quiet, peaceful atmosphere is the most important factor in choosing a community, with 52 per cent of families prioritising the importance of a school zone when buying a home. 'Younger buyers are often choosing smaller homes, so they see more value in having space to entertain,' Mr Tiller said. 'Older generations have often lived in homes with formal areas that weren't always fully used. 'Ultimately, most Australians just want a home that's peaceful, safe, and somewhere they can truly relax. 'We need to build more homes of all types to meet the diverse needs of our growing population. We need more people living near the services they rely on and the amenities they want to enjoy, increasing liveability and reducing transport strain.'
Yahoo
09-05-2025
- Business
- Yahoo
Aussie couple makes $500,000 in just 55 days after knock on the door: 'Absolute steal'
A Sydney property has sold just 55 days after it was last purchased, but for $500,000 extra. The Matraville duplex sold in late February for $2.55 million to a couple, and they had only just moved in their belongings when they got a knock at the door from LJ Hooker agent Aaron Del Monte. He had been showing a client an off-market property next door, but they weren't satisfied with how it looked on the inside. Del Monte told Yahoo Finance they saw the nearby duplex and wanted to know more. "I did everything I could to try and get the owner's details," he recalled. "I went and door-knocked it and I said to the owner, 'Look, I know you just bought it [but] if you could make a profit on it, would you?'" Tiny Bondi studio apartment sells for $1.2 million over asking price after split-second decision Cashless concern as date Australia will ditch physical currency revealed Average amount Australians have stashed in savings by age revealed: '$811 to $130,000' The fresh owner rebuffed him initially and said there was "no chance" he was willing to sell, considering he had only just bought it less than two months earlier after a three-year search. But Del Monte didn't back down and promised to make it worth his while if he allowed his client to at least have a look through the four-bedroom, three-bathroom home. While it didn't make the owner's wife happy, he agreed, and the agent's clients loved it. They initially offered $2.8 million, and within a week, they agreed to a final price of $3.05 million, which is well above the suburb's median house price of $2.61 million. "Both the buyer and the owner were so excited," Del Monte told Yahoo Finance."Because the buyer loved the place, and the owner was obviously over the moon. Who makes that kind of money in that time?" The agent's clients had just sold their place in north Randwick and wanted somewhere in Sydney where they could live when they weren't staying at their other home in the Southern Highlands. Because they had originally lived in Bellevue Hill and that harbour-side area, they thought $3 million was an "absolute steal" for what was on offer. "They liked that in Matraville they could walk to the beaches," he said. "It's a lot quieter than the areas that they've lived in. From there, they could also travel to the Southern Highlands pretty easily. So it just worked." The couple wasn't even originally looking in that area of Sydney, but Del Monte convinced them they could get far more bang for their buck if they expanded their search just a touch. "What was unique about this one is that it's full brick, with cement slabs between each floor," he said. "It had a huge basement flexibility in terms of floor plan. The style of it was probably more to their liking than the modern style home. "I was just connecting the right buyer with the right property. They weren't as worried that it sold for $2.55 million as what other buyers probably would have been, because their perception of value is very different from the areas that they were looking in." It's a big win for Del Monte as the person who bought the Matraville property in February has now tasked him with finding a new home. The agent has noticed a trend of buyers in those harbour-side suburbs branching out to capitalise on some of the cheaper areas like Kingsford and Eastlakes. "I opened up an office in Randwick for the simple fact that we can offer a lot more to that southern end of the eastern suburbs by connecting the Double Bay, Rose Bay, Bellevue Hill type of buyers, because there's a real shift at the moment," he while retrieving data Sign in to access your portfolio Error while retrieving data
