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54 Thornley Street, LEICHHARDT, 2040, New South Wales. Photo: Raine & Horne

Squatters' shack to sell for $1.2 million

54 Thornley Street, LEICHHARDT, 2040, New South Wales. Photo: Raine & Horne

Despite its run-down appearance and graffiti-covered walls, buyers are going crazy over this abandoned Leichhardt house.

The property has stood empty for 25 years, and renovation costs of around $300,000 to $500,000 are expected just to make it to make it livable, yet the house has attracted 4,000 individual email inquires.

It’s considered to be in great location in Leichhardt in Sydney’s inner west and is expected to sell for about $1.2 million.

187 Onkaparinga Valley Road Oakbank SA 5243. Sold By Chris & Georgia Weston

Historic Mount Annan at Oakbank, SA sells for $2.2 million

187 Onkaparinga Valley Road Oakbank SA 5243. Sold By Chris & Georgia Weston

The 1865 Oakbank homestead, Mount Annan on 15 hectares with views of the Onkaparinga River in rural South Australia, has been sold.

It was marketed as one of South Australia's earliest homesteads.

Mount Annan, 30 minutes from Adelaide, sold for $2.2 million last month having been listed late last year with $2.65 million hopes.

It sold through Chris and Georgia Weston at Raine & Horne.

The original homestead on Onkaparinga Valley Road has been totally rebuilt, offering all new roof, wiring, plumbing, and flooring.

South Australian seniors will be offered an $8500 grant if they downsize to a smaller home.

South Australian Budget: help for seniors to downsize

South Australian seniors will be offered an $8500 grant if they downsize to a smaller home.

South Australian seniors will be offered an $8500 grant if they downsize to a smaller home.

The SA Government will spend $14 million over two years on the grant for people 60 years and over to move into a new, “age-appropriate home”.

It comes as South Australia’s First Home Owner Grant for established homes comes to an end on July 1.

First–time buyers are still eligible for up to $15,000 if they buy a new home.

Interior designer and design lecturer Annalisa Capurro likes mid-century homes for their orientation, natural sunlight and airflow, and the idea that each space has a purpose. Photo: Rob Homer

Architecture lovers putting Mid-century Modernist homes before all else

Interior designer and design lecturer Annalisa Capurro likes mid-century homes for their orientation, natural sunlight and airflow, and the idea that each space has a purpose. Photo: Rob Homer

Forget the waterfront home with the tennis court and space for days. A group of sophisticated buyers say the name of the architect and mid-century character is the only thing that matters when it comes to the place they call home.

“I had absolutely no desire to move to Wahroonga, but I would have gone anywhere for this house,” interior designer and design lecturer Annalisa Capurro says of her home, on Sydney’s upper North Shore, by prominent mid-century architect Russell Jack.

If the State Government won’t abolish property stamp duty it should as least reimburse it to some homebuyers, says real estate agent Darren Bayford. Source: News Limited

Reimburse stamp duty, says agent

If the State Government won’t abolish property stamp duty it should as least reimburse it to some homebuyers, says real estate agent Darren Bayford. Source: News Limited

THE State Government should reimburse stamp duty to people who own a house for less than three years, an experienced real estate agent says.

Raine & Horne agent Darren Bayford said this would encourage people to buy and renovate more houses, boost the property market and create more building and real estate jobs in the suburbs.

He said if the State Government would not abolish stamp duty on real estate completely, it should at least remove it when properties were “flipped’’ (bought and sold) quickly.

SALE TALKS: Negotiations are being held for the sale of the Lake Village shopping centre.

Talks underway for sale of Lake Village shopping centre

SALE TALKS: Negotiations are being held for the sale of the Lake Village shopping centre.

ONE of Wagga's premier retail complexes may be close to being sold, with the selling agent representing the owners of the Lake Village shopping centre negotiating with an out-of-town party for a multi-million dollar deal. Stephen Millard, of Raine and Horne Commercial Wagga, confirmed advanced talks with a possible buyer for the Lake Albert complex. 

"We are in negotiations with a party at the moment, but no contract has been signed," Mr Millard said. 

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