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Buyers continuing to flock to Mermaid Beach

first_imgLuke Henderson and Andrew Henderson of John Henderson Professionals Mermaid Beach. Picture: Jerad WilliamsMore from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMr Henderson said the range in sold prices varied significantly depending on the location and type of property within Mermaid Beach.“I think that one of the major appeals of Mermaid Beach is that property buyers at all stages can find a property suitable for them,’’ he said.“At the top of the market we sold a beachfront mansion on Hedges Avenue for $16.45 million while the least expensive property we sold was a unit at 2340 Gold Coast Highway, which changed hands for just $231,000.” View of the Gold Coast Highway from Hellenika at Nobbys Beach. Picture: Richard Gosling However, Mermaid Beach, which has the highest median property price of all Gold Coast suburbs at more than $1.6 million, is bucking the trend.John Henderson Professionals Mermaid Beach director Luke Henderson said while buyer demand was now showing the first signs of easing in years, sales had still not slowed over the past six months.“When we examine our internal sales data, our agency sold 85 properties in Mermaid Beach alone during the past year, of which 44 were sold in the past six months,’’ Mr Henderson said.“So, we can see that sales have not slowed at all during the past six months.“Meanwhile, the number of sales of properties that we have sold for above the $1 million mark has remained pretty constant between 35 per cent and 39 per cent over that time.” Property along Hedges Ave, Mermaid Beach. A family enjoying the beach, Mermaid Beach, Gold Coast. Picture: Regi Varghese He said the entry level prices for older-style detached homes east of the Gold Coast Highway now sat at around the $1.2 million mark and buyers are snapping them up to build new homes.However, buyers could find homes for significantly less on the western side of the highway. Mr Henderson said Mermaid Beach has undergone a major period of gentrification over the past five years.“While the suburb has always been considered one of the Gold Coast’s most desirable addresses, there are a number of factors which have made it a stand out performer in recent years,’’ said Mr Henderson.“Firstly, the council saw the wisdom in protecting the three-storey height limits in the residential areas while allowing for higher developments along the Gold Coast Highway. People enjoy a swim on the beach, Mermaid Beach, Gold Coast. Picture: Regi Varghese Cashed-up buyers are continuing to dive into the Mermaid Beach property market.CASHED-UP buyers are continuing to dive into the Mermaid Beach property market despite the slowdown in top end markets in Australia’s southern states.Global investment bank Morgan Stanley this week released research which revealed the nation’s most expensive homes in Sydney and Melbourne were falling at an annual rate of about eight per cent. Cyclists along Hedges Avenue, Mermaid Beach, Gold Coast. Picture: Regi Varghese THE FAST AND THE LUXURIOUS: V8 STAR’S MANSION NEW ERA FOR COAST PROPERTY “I think the that one of the major appeals of Mermaid Beach is that property buyers at all stages can find a property suitable for them,” Luke Henderson says. “The height restrictions in the residential areas have helped maintain that strong community feel in the suburb and have encouraged property owners to upgrade their homes without the fear that a high-rise apartment will be built next door.“At the same time developments along the highway have revitalised what was becoming a tired strip of shops.“The suburb has benefited majorly from the growth of the cafe culture and the area now is home to some of the city’s best restaurants, cafes and bars.“Then you have the knowledge that the light rail is coming plus all the developments that are occurring along the Gold Coast Highway.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59last_img read more

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D.O. Sports’ 10 best-written stories of the fall

first_imgCourtesy of SU AthleticsChris Fox turned Syracuse from afterthought to champion as the head of the cross country program, and even Jim Boeheim knows how good of a coach he is. “Boeheim would always say to me,” former director of athletics Daryl Gross said. “‘Chris Fox is the best coach in the department.’”When athletes look to transfer, schools have all the powerIllustration by Lucy Naland | Presentation DirectorWhen college athletes want to transfer to another school, their own college can hold them back, “blocking” their transfer to specific schools. This happened to SU softball player Baylee Douglas when she tried to transfer from her previous college, Southern Illinois University-Edwardsville.John Bonamego had his dream job, not even cancer could slow him down Facebook Twitter Google+ Part of The Daily Orange’s coverage of Syracuse Athletics — and more — this fall is the numerous features written by our staff. As the fall semester comes to a close, we compiled a list of our 10 best-written stories from the past five months. In this list are stories about the photo of a cheerleader that become the symbol of the Pan Am 103 bombing, the tale of former football head coach Scott Shafer’s return to the Carrier Dome and how Gerry McNamara is still beloved in his hometown of Scranton, Pennsylvania.Read the whole list below.THE WHOLE PICTURE: How a cheerleader became the face of Syracuse University on the night of the Pan Am Flight 103 attack.Courtesy of Lawrence MasonIn the hours after Pan Am Flight 103 exploded over Lockerbie, Scotland, on Dec. 21, 1988, Syracuse played a home basketball game. At the game, cheerleader Catherine Crossland, now Catherine Hauschild, turned and embraced fellow cheerleader Amy Jo Eveleigh as then-SU professor Lawrence Mason snapped the above photo which would soon become a vivid memory of the tragedy.AdvertisementThis is placeholder textRUNNING IN PLACE: Eric Dungey has always said he will run less. Then he runs anyway.Jessica Sheldon | Staff PhotographerIn high school, Eric Dungey said he’d run less. Early in his college career, Eric Dungey said he’d run less. Before his junior campaign, Dungey said he’d run less. He didn’t.BEHIND THE NUMBER: The death Gabrielle Cooper’s father fueled her passion for basketball, which led her to become a star at Syracuse.Josh Shub-Seltzer | Staff PhotographerGabrielle Cooper’s father died in 2011, spurring her passion for basketball and setting her mind on wearing No. 11 to honor her late father. As the only returning starter for a Syracuse team two-years removed from a national championship run, Cooper will play a leading role for the Orange.Chris Fox molded Syracuse cross country from one of the worst college programs into a national powerhouse Courtesy of Paulette BonamegoJohn Bonamego had always wanted to be Central Michigan’s head football coach, but when he finally got the job he got life changing news: He had cancer. Never missing a practice or meeting, Bonamego beat cancer and was on the sideline as scheduled for the Chippewas and has been there ever since.Isis Young embraces her name’s roots over negative associationsJosh Shub-Seltzer | Staff PhotographerIsis Young is named after an Egyptian goddess, but recently, her first name has become associated with terrorism. Still, Young refuses to let the negative connotations of her name drag her down, instead choosing to embrace the roots of her name.Syracuse pulls off monumental upset of No. 2 Clemson, 27-24Todd Michalek | Staff PhotographerOn Oct. 13, a Friday night, then-No. 2 Clemson came to the Carrier Dome for a matchup with Syracuse. What ensued was one of the biggest wins in Syracuse’s history. The game stayed tight, but a few key plays — a late Cole Murphy field goal, a botched fake punt by the Tigers, a critical chain-moving run by Eric Dungey — swayed the game in SU’s favor.15 years after arriving at Syracuse, Gerry McNamara still beloved in hometownTodd Michalek | Staff PhotographerThere is little in Gerry McNamara’s childhood home to indicate he is one of Scranton, Pennsylvania’s, biggest stars. Elsewhere around town, like at Stirna’s Restaurant, McNamara is still idolized as a hometown hero.Former Syracuse head coach Scott Shafer to return to Carrier Dome as MTSU’s defensive coordinatorDaily Orange File PhotoSyracuse fired Scott Shafer as head football coach in late 2015 after SU knocked off Boston College in Shafer’s final game at SU. Two years later, Shafer returned to the Carrier Dome as Middle Tennessee State’s defensive coordinator helping guide MTSU to an upset of the Orange. Comments Published on December 13, 2017 at 10:36 pmlast_img read more

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