Do It Yourself

The great divide: what will $1m buy you in Australia’s property market?

From inner-city suites to suburban cottages or a few acres in the rainforest, the answer depends on where youre buying

With talk of the Sydney and Melbourne dwelling markets racing away from rates in other cities and regions, we decided to ask: what can you buy in Australia for a cool million dollars?

From inner-city suites to suburban cottages or a few acres in the rainforest, the answer depends on where youre buying.

Housing affordability is set to be a big issue in the coming budget and one of the Turnbull governments primary arguings against inducing a modification to negative gearing is the fact that it doesnt want to slam the brakes on dwelling markets nationwide when simply Sydney and Melbourne are overheating.

The Nationals leader, Barnaby Joyce, has even urged Australians to search farther afield and consider buying in Tamworth to get more blow for their buck.

To find out just how great the divide is, lets start in the city with the most difficult complaints about dwelling affordability Sydney.

Surry Hills, Sydney

A
Photograph: realestate.com.au

For an estimated$ 1m you could buy a division in Surry Hills. This 76 sq m suite, described as a cool urban pad on the cusp of the CBD, has two bedrooms, including one with virtually enough room to pass between the bed and the wall without crab tread. It has a balcony and floor-to-ceiling windows, floorboards and exposed concrete. Its one of 21 suites in the building and has no parking.

Style: Apartment
Bedrooms : Two

Chippendale, Sydney

For under$ 1m you can live in the Central Park redevelopment, is built around what used to be a brewery, in the very heart of Sydney. Its got 67 sqm of indoor/ outdoor living space, including one bedroom and research studies space. The level-seven suite has region the perspectives and a rooftop garden for the residents to enjoy. Strategically pinpointed to amenities including Central Station, Sydney University and the University of Technology Sydney.

Style: Apartment
Bedrooms : One

Tatton, Wagga Wagga, New South Wales

For only north of$ 1m ($ 1.045 m ), you could buy a four-bedroom house in Tatton, in Wagga Wagga. It is an expansive family residence … impressive in its grand scale, with four bathrooms and four car rooms enough for every occupant to drive home at the same period and use a separate lavatory. Oh the luxury. The ad boasts the propertys prestigious location, offering panoramic views over Kooringal and Lake Albert, its architectural designing, light space and in-ground swimming pool.

Style: House
Bedrooms : Four

Collingwood, Victoria

A
Photograph: realestate.com.au

$975,000 could get you an off-the-plan, three-bedroom suite in Collingwood with two bathrooms and two car rooms, a rooftop garden and, apparently, a cinema.

Style : Apartment on spec
Bedrooms : Three

Kensington, Victoria

A
Photograph: realestate.com.au

A little less $ 950,000 could also buy a quaint three-bedroom timber Edwardian house in the increasingly gentrified, inner-west suburbium of Melbourne, Kensington. A wide deck and a concrete courtyard, accessed via the rear of the property off a stone laneway, round out the property.

Style : House
Bedrooms : Three

South Fremantle, Western Australia

A
Photograph: realestate.com.au

Money runs a little further in the Perth suburbs of South Fremantle and Highgate $ 950,000 buys a renovated, three-bedroom weatherboard house a few streets back from the ocean.

Style : House
Bedrooms : Three

Highgate, Western Australia

A
Photograph: realestate.com.au

In Highgate, on the edge of the Perth city limits, an early 1900 s cottage with three bedrooms and two parking spaces, on 364 sq m, will define you back between $950,000 and$ 1m.

Style : House
Bedrooms : Three

Margaret River, Western Australia

A
Photograph: realestate.com.au

For $ 950,000 you can live on the banks of the Margaret River, in a three-bedroom bushland cabin with private leafy gardens and kangaroos for neighbours.

Style: House
Bedrooms : Three

Richmond, Tasmania

A
Photograph: realestate.com.au

Money runs a lot further in Tasmanias real estate market.$ 1m+ is the asking price for this sandstone Georgian house with four bedrooms, space for seven autoes and outbuildings that once served as servants quarterss and stables. The house has a footprint of 376 sq m, sitting on 1629 sq m of region in Richmond , north-west of Hobart.

Style: House
Bedrooms: Four

Howrah, Tasmania

A
Photograph: realestate.com.au

Why not two mansions? On one pulley-block. On the beach. This $950,000 belonging in Howrah, across the inlet from Hobart, has two self-contained mansions, five bedrooms, four bathrooms and sentiments of Mount Wellington and the sea.

Style : House
Bedrooms : Five

Speewah, Queensland

Less than an hour from Cairns, it will cost less than$ 1m to find a private sanctuary of four. 76 acres at the edge of world heritage rainforest and a pristine, spring-fed lake. The four-bedroom semi-rural residence is likewise near the Douglas strolling track to the Barron Falls. The home includes wide, cool verandahs and a commercial-grade pizza oven. A separate house is advertised as a potential studio.

Style : House
Bedrooms : Four

Kirra, Queensland

Read more: http :// www.theguardian.com/ us

Related Post

To Top