The patrons of an unique residence overlooking Barwon Heads’ famend golf hyperlinks had been certainly one of many biding their time hoping the house owners may at some point record the property.
The Melbourne purchasers have paid a Geelong and Surf Coast file value to safe the Swaney Draper designed home, offered with its neighbour at 2-4 Stephens Parade, Barwon Heads.
RT Edgar, Barwon Heads agent Peter Molloy mentioned he couldn’t reveal the sale value for the property, between the golf course and thirteenth Seaside, however confirmed it had crushed the $7.25 million value for a Lorne house in January.
The property, overlooking Barwon Heads Golf Membership’s first six holes, was listed in October with $10 million value hopes.
“There’s a whole lot of choices to be made however they’re simply so completely happy,” Mr Molloy mentioned
“They’ve been maintaining a tally of it, as everybody has, questioning if it ever comes up.
“They had been lucky sufficient to be able to purchase it.”
The marketing campaign obtained loads of provides, together with from patrons abroad.
“The distributors choice was to promote it as a complete however there was a whole lot of curiosity in each homes on their very own,” he mentioned.
“One to renovate or demolish and construct a brand new home, and individuals who simply needed the home on the nook.”
The Lempriere household behind the Melbourne wool service provider and processor employed BDH Constructions to construct the residence from rammed earth and timber, with timber-lined cathedral ceilings, recycled blackbutt floorboards and Mount Angus sandstone showcased inside.
“What number of 1000’s of individuals stroll up Golf Hyperlinks Highway to entry that walkway to the seaside and what number of 1000’s of golfers stand on the tee, look over their shoulder and see that home and want they lived there and appeared over these holes and the ocean?” Mr Molloy mentioned.
“It’s a one in 100 12 months sale.”
The sale underscores the unimaginable development in Barwon Heads property values since 2000 amid the sea-change phenomenon.
An REA Insights report on regional property markets confirmed Barwon Heads median home value climbed 624 per cent since 2000, from $145,000 to $1.05 million.
“I arrived in Barwon Heads 21 years in the past – I went via the primary sea-change, the second sea-change, I’ve been there yearly and watched it simply not cease,” Mr Molloy mentioned.
“Even the valuers battle to see why individuals will simply hold eager to be right here.
“However we all know why — it’s a novel, little little bit of paradise.”