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Today's quote:

Monday, March 7, 2022

Another clipping from my Canberra real estate spy

The previous record-breaking sale in 2018 was at 2 Ingram Place, Broulee - click here


The advertisement read, "This is what you have been waiting for! No home has sold on the Broulee headland in 30 years and this is your opportunity to buy into the most exclusive enclave in the Shire. This is a fabulous and very well built home currently being used as a four bedroom house having converted the garage. There is oodles of privacy, filtered north facing ocean views, a large and leafy block that all the family can enjoy and a stunning reserve as your outlook. This home has a very comfortable layout, large open plan family kitchen, lounge and dining area with cathedral ceilings, plenty of natural light and a huge entertaining deck with a substantial bbq area. All the bedrooms are a good size and both bathrooms are in very good condition. The garage could very easily be converted back if you only need the three bedrooms. All in all this is a brilliantly located home in a very special part of Broulee. Nothing needs to be done to this home and you could just move in and enjoy."

This advertisement ran for just 26 days before the property was sold on 24 February 2022 for a record-breaking - and eye-watering - $2,950,000.

I hadn't known about this sale but thanks to my Canberra real estate spy, who's now also monitoring sales on our South Coast, I know now.

Googlemap Riverbend


P.S. I've just had a quick look at recent sales in the Batemans Bay area, and it seems that a million dollar is now the new normal for any house that has that little bit extra in terms of location, style, or size - click here - so how much for "Riverbend", an absolute riverfrontage along several hundred metres, a large double-storey double-brick house, and countless other improvements including a jetty, on a whole seven acres?