April 2012
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More Early Victorians List in Woollahra
This week has seen a surprising number of Early Victorian homes hitting the market in Woollahra. Surprising because few homes existed in Woollahra before 1870. By the time Woollahra officially became a municipality in 1860, its namesake estate - Woollahra House - was less than 10 years old and only a small collection of homes existed, mostly clustered around today’s Queen Street village and...
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Rosecraddock Has a Price...And It's $15m
The Caulfield North mansion ‘Rosecraddock’ has a special place in the Radical Terrace’s heart: it was our first post. Back then, we couldn’t crack what the listing price was, but we guessed a $10m price. However, after contacting agent Nicole Gleeson of Kay & Burton, we’ve discovered they want a whopping $15m. I mean, yes, it’s a stunning renovation, but...
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Victoria Population to Increase; Regional Vic to...
The Age alerted us to a State Government document put out by the Department of Planning and Community Development outlining population projections for the State of Victoria. The news is positive: Victoria is set to grow at a consistent rate, reaching just shy of 9 million people by the year 2031. Other news is slightly less optimistic; regional Victoria will continue to suffer a drain of young...
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$25m - nay, $23m - for 'Kalua' in Palm Beach Sets...
Margie Blok is reporting the $25m sale of Kalua - the Dowager Queen of Palm Beach real estate. The details have yet to be fully leaked, but it’s understood the property sold over the weekend after being on the open market since last year. The price is close to expectations. The 1920-built mansion sits on a gigantic parcel of land fronting Ocean Road. David Edwards of LJ Hooker Palm Beach had...
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$13m Sale in Hawthorn's Scotch Hill
Remember when Jonathan Chancellor and this blog reported on a slump in Hawthorn prices? Well, out of nowhere - and contradicting us all - a $13m sale on Kooyongkoot Road in Hawthorn’s posh Scotch Hill neighbourhood is reported by Domain’s Simon Johanson. Apparently, the buyers are expatriates (meaning FIRB-approval was required), and as this blog knows overseas buyers will sometimes...
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Google Maps Adds "45 Degree View" for Adelaide
While researching a horrible “modern” property on the fringe of Adelaide in Springfield, the Radical Terrace discovered that Google Maps has introduced its 45 degree view feature for the capital of South Australia; unfortunately, Google Maps hasn’t launched the feature (that’s seemingly designed for real estate perverts) for any real Australian city. Until then,...
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Not Quite the Flip They Hoped For...
Remember our tale of the house flip hopefuls over at 58 Cascade Street in Paddington from February? Back then, we factored in that the owners were about $3.288m deep on their acquisition and renovation of the property. The property, which failed to sell with $4m+ expectations last month, has now lowered its asking price to $3.5m. Agents Hamish Robertson and Joe Abboud of McGrath maintain the...
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Say What?!? Now SMH is Copying The Radical...
First SMH’s property editor, Margie Blok, plagiarized former boss (and former SMH property editor) Jonathan Chancellor. Now SMH’s Antony Lawes is hopping on my the-Upper-North-Shore-is-slumping bandwagon. His article (with only one example of a property price falling…you can do better than that, Antony!) touches on what we at the Radical Terrace have been talking about over and...
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It's Barangaroo Time Again!
It’s been a few weeks since we last touched on anything about Barangaroo, a long time for Barangaroo not to be surfacing all over the news. But this time we have a pretty kick-ass overview of what-the-hell-is-going-on down at Barangaroo by Lee Stickells and featured in our new favourite publication that we’ve never heard of (until now): ArchitectureAU.com. Enjoy!
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