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When is it a good idea to get a property appraisal?

<p>In the fast-paced world of real estate, finding a space that truly reflects your essence and aspirations can feel like searching for a needle in a haystack. Enter <a href="https://go.linkby.com/PXROBQFZ" target="_blank" rel="noopener">Atlas by LJ Hooker</a>.</p> <p>At the heart of Atlas lies a profound understanding that a home is not merely a structure; it's a canvas upon which individuals paint their dreams and express their identities. This ethos is beautifully encapsulated in their brand message: "We understand that a home is so much more than real estate; it's a place to truly express yourself, to live the life you envision."</p> <p>What sets Atlas apart is its unwavering commitment to personalised service – especially when it comes to <a href="https://go.linkby.com/PXROBQFZ" target="_blank" rel="noopener">free property appraisals</a>. Unlike traditional real estate agencies, Atlas doesn't believe in a one-size-fits-all approach. Instead, they empower sellers to curate their own narrative, choosing elements of the brand that resonate with their unique lifestyle. Whether it's a sleek urban penthouse or a sprawling countryside estate, Atlas offers highly tailored marketing strategies that serve as a personal reflection of the property and its inherent allure.</p> <p>For those ready to embark on the journey of <a href="https://go.linkby.com/PXROBQFZ" target="_blank" rel="noopener">having their property appraised</a> – whether you're contemplating a sale, gauging investment opportunities, or simply curious about your net worth – Atlas offers a seamless pathway to success, as well as comprehensive advice on the potential benefits.</p> <p>At the core of any property appraisal lies a quest for insight into the local property market's heartbeat. Has your neighbourhood witnessed fluctuations in property values? Have recent renovations added significant value to your home? Are you considering upsizing, downsizing, or entering the investment realm? Or perhaps you're merely eager to unveil the hidden potential nestled within your property's walls.</p> <p>From the size of your property to the nuances of its structure and condition, every facet contributes to the appraisal process. Agents meticulously scrutinise elements such as property size, bedroom configurations, fixtures and fittings, offering valuable insights into your property's market positioning.</p> <p>Beyond tangible attributes, location exerts a profound influence on property values. Agents dissect the neighbourhood fabric, examining proximity to amenities, school catchments and transport accessibility. Additionally, factors like building structure, overall presentation and ease of access shape the appraisal narrative, underscoring the intricate interplay between tangible and intangible elements.</p> <p><strong>The crucial distinction: Valuations vs. Appraisals</strong></p> <p>It's imperative to <a href="https://go.linkby.com/PXROBQFZ/understanding-property-appraisals/" target="_blank" rel="noopener">discern between property valuations and appraisals</a>. While valuations offer an independent assessment of a property's value by certified valuers, appraisals provide a nuanced perspective shaped by local market dynamics and agent expertise.</p> <p>Embarking on the path to a property appraisal is easy. Simply <a href="https://go.linkby.com/PXROBQFZ" target="_blank" rel="noopener">book a consultation</a>, relax as they navigate through the intricacies of your property, and await their expert assessment.</p> <p>Armed with the insights garnered from your property appraisal, you're now equipped to chart your next course of action. Whether it's embarking on home improvements, contemplating a sale or recalibrating your financial portfolio, the appraisal serves as your guiding light.</p> <p>In a landscape defined by constant flux, the value of knowledge cannot be overstated. A property appraisal isn't merely a transactional ritual; it's a journey towards financial empowerment and informed decision-making. So, whether you're contemplating a sale or simply curious about your property's worth, take that pivotal step towards unlocking the true value of your home. After all, in the realm of real estate, knowledge is indeed power.</p> <p><em>For more information or to book your own <a href="https://go.linkby.com/PXROBQFZ" target="_blank" rel="noopener">free property appraisal, click here</a>.</em></p>

Real Estate

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Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget

<div class="theconversation-article-body"><em><a href="https://theconversation.com/profiles/bomikazi-zeka-680577">Bomikazi Zeka</a>, <a href="https://theconversation.com/institutions/university-of-canberra-865">University of Canberra</a></em></p> <p>Every day seems to bring new headlines about rising costs. <a href="https://www.news24.com/news24/africa/news/nigerias-big-unions-call-indefinite-strike-over-fuel-prices-and-the-cost-of-living-20230926">In Nigeria</a>, unions are threatening to strike amid soaring fuel prices; the country’s inflation rate <a href="https://www.cbn.gov.ng/rates/inflrates.asp">hit 25%</a> in August. The amount it costs to fill a food basket in South Africa <a href="https://pmbejd.org.za/wp-content/uploads/2023/09/PMBEJD_Key-Data_September-2023_27092023.pdf">keeps climbing</a>. Ghanaians <a href="https://www.reuters.com/world/africa/multi-day-protests-over-economic-crisis-grip-ghanas-capital-2023-09-23/">took to the streets</a> of Accra in late September to protest about the cost of living.</p> <p>A <a href="https://www2.deloitte.com/us/en/insights/industry/retail-distribution/consumer-behavior-trends-state-of-the-consumer-tracker.html">recent study by the audit and consulting firm Deloitte</a> found that 75% of South Africans were concerned that the prices for everyday purchases would continue to increase, while 80% of consumers across all income groups expected the prices of groceries, household utilities and fuel to rise.</p> <p>This stark reality means budgeting may be more necessary than ever.</p> <p>If you don’t know how to create a budget, then you shouldn’t feel bad – most adults aren’t taught how to create one. And most people don’t budget, because they see it as restrictive or unsustainable. But it need not be: once you appreciate that a budget can work for you, it can be a financially empowering exercise. It’s a cornerstone of financial planning because it ensures you are living within your means and helps you remain in financial control.</p> <p>As a financial planning academic, I focus in <a href="https://researchprofiles.canberra.edu.au/en/persons/bomikazi-zeka/publications/">my research</a> on improving financial wellbeing and promoting savings behaviours through interventions such as budgeting. Here are five guidelines for creating a budget.</p> <h2>1. Apps vs spreadsheet</h2> <p>A good place to start is to choose the format of how you’re going to budget. There are several <a href="https://www.sanlamreality.co.za/wealth-sense/setting-up-a-family-budget-that-works/">online templates</a> and apps you can use for budgeting. For instance, <a href="https://www.22seven.com/">22Seven</a> has gained popularity in South Africa due to its compatibility with several financial institutions, including the country’s big five banks. Similarly, <a href="https://www.the-star.co.ke/business/kenya/2021-01-25-budgeting-using-mint-app/">Mint</a> is a popular budgeting tool that is used in Kenya and Nigeria.</p> <p>If you prefer to put pen to paper, some online templates come with <a href="https://www.wonga.co.za/blog/free-budget-template">free printable budgets</a>. Creating your own <a href="https://create.microsoft.com/en-us/learn/articles/how-to-make-excel-budget">Excel spreadsheet</a> is an equally good approach.</p> <p>What matters most is using a tool that you can commit to.</p> <h2>2. Itemising your income and expenses</h2> <p>A budget essentially shows how much you’re spending in relation to how much you’re earning. So once you have selected your budgeting tool, you need to fill in your income and itemise how much you’re spending on each expense in a month. A budget can be considered a cashflow statement because it allows you to track money coming in (income) and money going out (expenses).</p> <p>If you are living within your means, your budget should indicate a surplus – more cash inflows than cash outflows. So budgeting provides an accurate account of your short-term financial position.</p> <h2>3. A realistic account of expenses</h2> <p>When you look at your financial statements, fill your expenses into your budget honestly and accurately. Don’t cheat! Since everyone’s financial situation is different, your budget will also be unique.</p> <p>Even though there is no one-size-fits-all approach to budgeting, it should still consider all of your expenses (both regular and intermittent). A general rule of thumb is that if it’s deducted from your account then you should treat it as an expense. This includes payments for housing, medical insurance, fuel, dining out, credit card repayments and even bank fees.</p> <h2>4. Save first, spend later</h2> <p>Now you’ve seen how much you’re spending. Either it’s too much – and you can plan where to cut back – or you have savings at the end of the month.</p> <p>When compiling your budget it’s important to demarcate how much will be in the form of savings. What’s more important is getting into the habit of saving before you spend instead of saving after spending. If you spend first then you’ve deprived yourself of the opportunity to save for a rainy day.</p> <p>Furthermore, <a href="https://eprints.hud.ac.uk/id/eprint/10231/1/Microsoft_Word_-_submitted_version_3rd_June_201.pdf">research</a> has shown that getting into the habit of saving has a transgenerational effect: it can be considered a cultural value that is passed on from one generation to another. So think of saving as paying yourself first. Once you have done so, you won’t feel guilty for treating yourself because you’ve already done the financially responsible thing by putting your savings aside.</p> <h2>5. Considering assets and liabilities</h2> <p>Once you’ve become comfortable with consistently budgeting, you can take it up a notch by including your assets (everything you own with an economic value) and liabilities (everything you owe) to determine your overall financial position.</p> <p>You can get a clearer picture of your overall financial wellbeing by compiling a list of all your assets, for example your savings and <a href="https://www.investopedia.com/terms/h/home_equity.asp">home equity</a>, in relation to liabilities (such as bank loans). Knowing your long-term financial position can indicate how financially resilient or vulnerable you are. In the event of a financial emergency, you will know which resources you can draw upon to meet an unexpected expense.</p> <p>By creating a budget (and sticking to it), you can protect yourself and your household from financial shocks. Consider the alternative. Imagine you haven’t budgeted and set savings aside. If a financial emergency were to arise, your next best bet would be to borrow the funds you need. You’d have to come up with a plan to repay what you’d borrowed while also building your savings.</p> <h2>A healthy habit</h2> <p>Getting into the habit of budgeting isn’t easy, especially if you haven’t done it before or you’re intimidated by the process. But, as the expression goes, “a journey of a thousand miles begins with a single step”. Think of budgeting as taking a small but important step towards reclaiming control over your finances and improving your financial well-being.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/214861/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/bomikazi-zeka-680577">Bomikazi Zeka</a>, Assistant Professor in Finance and Financial Planning, <a href="https://theconversation.com/institutions/university-of-canberra-865">University of Canberra</a></em></p> <p><em>Image credits: Getty Images </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/battling-to-make-ends-meet-financial-planning-expert-offers-5-tips-on-how-to-build-your-budget-214861">original article</a>.</em></p> </div>

Money & Banking

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Insider spills on Robert Irwin's plans for I'm a Celeb

<p>Robert Irwin received rave reviews for his co-hosting skills alongside Julia Morris on this year's<em> I'm a Celebrity...Get Me Out of Here</em>, but an insider has claimed that he won't be returning for another season.  </p> <p>"His easygoing and faultless live TV skills have won over the nation. But his career at Ten will only be short-lived, and he is heading back to Seven," a source told <em>Woman's Day</em>. </p> <p>The negotiation is believed to have been orchestrated by the ultimate "mumager" Terri Irwin. </p> <p>"The Irwins are very smart when it comes to negotiations," the insider added. </p> <p>The source also claimed that Robert's decision to join<em> I'm a Celebrity</em> was seen as a one-off opportunity to elevate his television profile - which he has achieved after bringing fresh energy into the show. </p> <p>Channel Seven is reportedly keen to welcome Robert back with a massive deal, according to the source. </p> <p>"Seven want Robert back and have thrown a king's ransom at him," they said.</p> <p>If the deal goes through, Julia Morris will have to find a new partner to head to the jungle with. </p> <p>Many fans have praised Robert for bringing some fun into the jungle. </p> <p>"I have not ever been keen on watching this show but Robert you have brought some class and good honest fun to the jungle. Thank you," one fan wrote under a clip of the show's grand finale that Robert posted on his Instagram. </p> <p>"How awesome was Robert? This gig was like it was made for him. What a natural," another added. </p> <p>"Best year of I'm a Celebrity, and it was because you added something to the show as Co-Host. Brilliant job for somebody with no experience but with a lot to give," commented a third. </p> <p><em>Images: Instagram</em></p>

TV

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World's most expensive house up for sale

<p>A French chateau, once owned by a member of the Rothschild family and, later on, the King of Morocco, has gone up for sale with a £363 million (AU$699) price tag. </p> <p>Chateau d’Armainvilliers located at Seine-et-Marne, 48km east of the Eiffel Tower, is the world's most expensive home. </p> <p>Built upon the foundations of a 12th century castle, the sprawling mansion boasts 1,000 hectares of land, 100 rooms across 2,500 square metres of living space, a private lake, and plenty of sequoia trees - the largest trees in the world. </p> <p>Ignace Meuwissen, a self-acclaimed "real estate advisor to the global elite" described the property as a display of "opulence and grandeur".</p> <p>"It is the most expensive castle in France and perhaps in the world. The price of €425million is justified by the property itself but also by the 1,000 hectare land which offers numerous possibilities," he told Paris Match magazine. </p> <p>"An investor could build thousands of apartments there if he wanted."</p> <p>The chateau was first bought by the Rothschild banking empird in the late 19th century, before King Hassan II of Morocco bought it in the 1980s. </p> <p>He then made the chateau more fit for a king, adding a hammam spa, a beauty and hairdressing salon, and a fully-equipped medical and dental facility.</p> <p>The Moroccan King  also added a basement level, which has a network of tunnels, kitchens, cold rooms, storage spaces and staff quarters.</p> <p>The lucky owner will also find Moroccan mosaics and wall tiles decorating the home, and for any avid equestrians, the home also has a stable big enough for 50 horses. </p> <p>However, some luxury property agents have expressed their doubts on whether the property would sell with its nine-figure sum, with one saying it was an "unrealistic" price tag. </p> <p>"It doesn’t make sense, it’s absurd Properties of this type could sell for 20-25 million, or even 30 million if we really fall in love with them. I’m not even sure that Vaux-le-Vicomte (a Baroque French château), which has no marketing plans, would sell at this price," one agent told French real estate publication <em>Le Figaro Immobilier</em>.</p> <p>Others were unsure whether the changes made by the King in the 1980s would suit modern tastes. </p> <p><em>Images: Whisper Auctions</em></p>

Real Estate

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Seven's insane plan to ambush Lisa Wilkinson exposed

<p>A bizarre plan pitched by Channel Seven for Bruce Lehrmann to ambush Lisa Wilkinson has been revealed. </p> <p>According to several close friends of Mr Lehrmann, Channel Seven's <em>Spotlight</em> program suggested that Lehrmann hover around the Sydney suburb of Cremorne in the hopes of catching Lisa Wilkinson unawares. </p> <p>They proceeded to explain to <a href="https://www.news.com.au/national/nsw-act/sevens-plan-for-bruce-lehrmann-to-ambush-lisa-wilkinson-in-public/news-story/1e6df346affc123ad23f1f7efcb12136" target="_blank" rel="noopener">news.com.au</a> how they wanted Lehrmann to confront Wilkinson while a cameraman stood close in the hopes of manufacturing a must-see TV moment. </p> <p>Mr Lehrmann's friends said he was not keen on the idea, although the program continued to suggest the ambush. </p> <p>As the fallout continues over untested allegations in the Federal Court that Mr Lehrmann leaked Brittany Higgins’ private text messages to the current affairs program, the former Liberal staffer’s mates are spilling the beans on claims of the program’s bizarre plan.</p> <p>“Bruce very much wanted a third program. But that was a bridge too far," another friend said.</p> <p>“Seven were desperate for ideas. They raised it several times. On many occasions I met with Bruce after meetings and they were pushing for it."</p> <p>“The plan as described was (they) wanted Bruce to be at a local cafe that they knew Lisa Wilkinson would go to and they would have a TV camera confront her.”</p> <p>When asked what Mr Lehrmann planned to say during the ambush, the friend admitted, “I dunno. I don’t know if they thought that far ahead.”</p> <p>Mr Lehrmann’s inner circle claim that it was just one of a number of wild ideas floated by <em>Spotlight</em> producer Steve Jackson as they pitched ideas for future programs about Lehrmann. </p> <p>Another confidante of Mr Lehrmann’s said the Wilkinson plan was “bizarre” and joked it seemed to involve Mr Lehrmann jumping from behind a pot plant to startle the TV star, an idea the former Liberal staffer wasn't keen for, despite the Seven “ideas factory”.</p> <p>“It wasn’t something that Bruce (Lehrmann) pushed," the source said.</p> <p>“<em>Spotlight</em> had a million viewers and so they were always looking for any excuse for a third program. The plan was to spark some sort of public row.”</p> <p>Mr Lehrmann’s criminal trial was delayed in the wake of Wilkinson’s ill-fated Logies speech, but his barrister Steve Whybrow SC has hailed the speech as keeping him out of jail.</p> <p>“Frankly, if it wasn’t for Lisa Wilkinson’s speech at the Logies, Bruce would probably be in jail. Thank God for that speech," Mr Whybrow said.</p> <p><em>Image credits: Getty Images </em></p>

Legal

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Clive Palmer's plans to build Titanic II resurface

<p>Just when you thought we'd exhausted all of the possible billionaire pet projects, Clive Palmer, the Queensland mining magnate with pockets deeper than the Mariana Trench, has once again proven us wrong.</p> <p>For more than a decade now, Palmer has harboured a peculiar obsession: resurrecting the ghost of the <em>Titanic</em>, the world's most infamous maritime disaster.</p> <p>Palmer wants to build <em>Titanic II</em>, because when you've got more money than you can count, why not embark on a maritime venture that's already synonymous with catastrophe?</p> <p>Palmer, with the audacity only wealth can afford, has been pushing for this <em>Titanic</em> replica since 2012. Not content with merely one failed attempt, he launched the project again in 2018. Now, after another six years and a global pandemic, he's dusting off his captain's hat and setting sail once more, announcing the <em>Titanic II</em>'s re-launch at the Sydney Opera House (because when you're Clive Palmer, a press conference venue like the local community centre just doesn't cut it).</p> <p>But why, you may ask? According to Palmer himself, it's a simple matter of economics: "I’ve got two options, either give my wife more money for shopping or spend it on the <em>Titanic</em> and I’m spending it on the Titanic because she’s shopped enough."</p> <p>Ah, yes, the age-old dilemma of whether to buy your spouse another designer handbag or fund a one-billion-dollar replica of a ship that sank over a century ago. We've all been there.</p> <p>Despite the naysayers who dismissed Palmer's dream as nothing more than the folly of a rich eccentric, he remains undeterred. Now, with the pandemic in the rearview mirror and cruise ships once again cruising, Palmer sees this as the perfect time to resurrect his <em>Titanic</em> dream. Because what better way to celebrate the end of a global health crisis than by building a monument to maritime tragedy?</p> <p>Palmer assures us that this time around, things will be different. The plans are similar to previous iterations, but now they comply with current regulations. Tenders are being sought, with plans to confirm a shipbuilder by year's end with the intention of setting sail by 2027.</p> <p>And what can prospective passengers expect from this seafaring spectacle? Well, according to Palmer's team, an eight-minute video featuring period costumes and a layout straight out of the early 1900s. Passengers will even be encouraged to dress the part (though that's not compulsory; nothing screams "fun vacation" like wearing corsets and three-piece suits in the middle of the ocean).</p> <p>But fear not, third-class passengers, you won't be left out of this <em>Titanic</em> experience. You'll get to enjoy stew and mash at communal dining tables, just like the good old days. Although, for those who prefer their meals without a side of historical accuracy, other options will be available. </p> <p>In amongst of all this, Palmer has grandiose visions of <em>Titanic II</em> as a symbol of world peace. “We all know how to make war," he announced at the press launch. "We get armies and we fund wars. People know about that. But it is a lot harder to make peace. To make peace you have got to stick with it every day. You progress inch by inch.</p> <p>“<em>Titanic ll</em> is something that can provide peace. It can be a ship of peace between all countries of the world. Millions have dreamt of sailing on her, seeing her in port and experiencing her unique majesty. <em>Titanic ll</em> will be the ship where those dreams come true.”</p> <p>So, as Palmer sets sail on his quixotic quest to recreate history, we can't help but wonder: Is <em>Titanic II</em> a testament to human ingenuity or just another billionaire's folly? Only time will tell. But if history has taught us anything, it's that sometimes, even the grandest dreams can end up at the bottom of the ocean.</p> <p><em>Images: Rod Eime / Wikimedia</em></p>

Cruising

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Samantha Armytage lists lavish holiday home

<p>Samantha Armytage has listed her stunning holiday home in Hyams Beach for $3.2 million.</p> <p>The<em> Farmer Wants A Wife </em>host previously leased the lavish three-bedroom, two-bathroom property as a holiday rental for $1200 a night.</p> <p>Armytage bought property which sits on 658sqm of land in 2018 for $1.765 million, and she has extensively renovated the property since, which includes adding a new roof and redesigning the interiors. </p> <p>The property boasts plenty of natural light, and is just minutes away from Hyams Beach, which you can see from the balcony of the home. </p> <p>All the rooms feature plenty of natural light, with the master bedroom boasting ocean-views, which makes it perfect for families or couples looking for a holiday home. </p> <p>The home has a cottage aesthetic, with bright white walls and floorboards, that when combined with bamboo tables, woven storage baskets, and neutral-coloured furniture looks like the ideal beach retreat. </p> <p>It also features a large private backyard with an outdoor entertaining area and pergola. </p> <p>Armytage previously sold her $2.8 million Bondi home in 2020, the same year she got married to Richard Lavender. </p> <p>Her and Lavender have relocated to  the Southern Highlands and are currently living on a 40-hectare farm in Berrima, which Richard purchased in 2007 for $ 1.95 million.</p> <p><em>Images: realestate.com.au / Getty</em></p> <p> </p>

Real Estate

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Iconic Victorian Sphinx Hotel up for sale

<p>The iconic Sphinx hotel is in Geelong, Victoria is up for sale for the first time in over 50 years. </p> <p>The Ramia family, who built a 14m-high replica sphinx on the roof of their pub, are looking to sell their property after 53 years of ownership. </p> <p>“We’ve got to the stage where we all want to do our own thing and it’s quite a large family,”  George Ramia, the owner of the hotel said. </p> <p>“We’re up to nearly 53 years here and I think we’re getting a bit tired.</p> <p>“I started work here when I was about 14. I recall those days I wasn’t allowed in the pub but I used to do all the beer lines.</p> <p>“Johnny O’Keeffe used to play a lot and he always asked me to play pool, and I was a pretty good player because it’s all I was allowed to do.”</p> <p>Ramia who started working at the former Golf View Hotel when he was 14, saw the venue change throughout the decades from a home for live music to a bistro and recently renovated sports bar.</p> <p>He also saw the venue grow in popularity, after a period of financial difficulties, when the pub was remodelled with the 14m-high Sphinx on the roof, completed with Egyptian-style motifs including hieroglyphics and even a mock gold pharaoh’s tomb in the 1990s. </p> <p>The pub continues to host live bands and events, including the Geelong Elvis Festival.</p> <p>The Sphinx Hotel is positioned on a 15,000sq m freehold land parcel, with 16-rooms of various configurations, with approvals in place to develop a further 24 rooms.</p> <p>It also features 67 electronic gambling machines, multiple bar areas and function rooms, an outdoor beer garden, a TAB and a recently renovated sports bar.</p> <p>The sale of the property also include the drive-through bottle shop and a licence capacity for 1010 patrons.</p> <p>The hotel is available as either a new long-term lease or a freehold going concern, which is currently being managed by CBRE Hotels’ senior director Scott Callow. </p> <p>“Geelong’s Sphinx Hotel presents a compelling investment opportunity in the thriving gaming and entertainment industry,” the CBRE Hotels’ senior director said. </p> <p>“We anticipate strong interest from a range of investment segments seeking to gain a significant foothold in Victoria’s tightly held gaming market.”</p> <p><em>Images: Sphinx Hotel / Facebook</em></p>

Real Estate

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Mission: Impossible Sydney mansion sells for eye-watering price

<p>One of Sydney's most iconic properties, known as the Boomerang in Elizabeth Bay, has sold for $80 million. </p> <p>The mansion is featured in the second instalment in the <em>Mission: Impossible</em> franchise, with the 2000 movie starring Tom Cruise being set and filmed in Sydney.</p> <p>It was the first house to officially sell for above $1 million in 1978, before setting another record in 2002 when it fetched $20.7 million.</p> <p>Now, multiple sources have confirmed it has been snapped up by a purchaser, originally from Asia, for four times what it last sold for. </p> <p>The property has long been rated as one of Sydney’s Top 50 homes, and has been in the name of Katrina Fox, the daughter of Melbourne-based billionaire trucking magnate Lindsay Fox, since 2005. </p> <p>The impressive home was put up for sale by Ray White in 2017 with hopes of selling for $60 million and then again with Brad Pillinger of Pillinger for $80 million in 2021 — the last agent to have it listed.</p> <p>Pillinger couldn’t be contacted ahead of publication, but other sources have confirmed the property has sold for the $80m asking price, while speculation from other sources that the result was $105 million have been dismissed.</p> <p>Boomerang sits on 4233 square metres of waterfront land, and features 25 rooms including a private cinema modelled on the State Theatre.</p> <p><em>Image credits: realestate.com.au / Paramount Pictures</em></p>

Real Estate

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Better Homes and Gardens star's dream rural property up for grabs

<p><em>Better Homes and Gardens </em>star Charlie Albone and his wife interior designer Juliet Love, have listed their dream Ourimbah home. </p> <p>The 2.07ha property located on the Central Coast has been listed by McGrath Gosford agents Peter Morris and Nate Waters with a $3m to $3.2m price guidance.</p> <p>The four-bedroom, three-bathroom home sits deep behind a gated entry, which ensures privacy and is surrounded by plenty of greenery with its garden alcoves, a stunning wisteria-covered arbour, fruit trees, and a few garden beds for vegetables. </p> <p>There is also a feature dry-stone wall fire pit built by Scottish stonemason Callum Grey, that's perfect for winter and colder nights.</p> <p>The English cottage-style home  comes with a separate self-contained unit that includes a bedroom and kitchenette. </p> <p>The home is every animal lovers' dream with five paddocks that come with animal shelters, plumbed water troughs and a three-stall stable. </p> <p>For those hot summer days, whoever the new owners are can dip into the saltwater pool located on the property. </p> <p>The property is equipped with 100,000-litre tanks and has town water. </p> <p>Albone and his family bought the property in 2012 for $840,000 which means that if it was sold at the price guide then it's almost four times the original price they bought it at. </p> <p>The top acreage sale at Ourimbah currently sits at $3,725,000 for a 13.93ha Dog Trap Rd six-bedroom house, which sold in 2021.</p> <p><em>Images: news.com.au</em></p>

Real Estate

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Former home of Kylie Minogue and Michael Hutchence for sale

<p>The stunning Sydney apartment that Michael Hutchence and Kylie Minogue shared for two years has hit the market. </p> <p>The late INXS frontman and the Aussie pop princess lived in the Liverpool Street apartment from 1989 to 1991, with the building boasting a colourful history. </p> <p>The current owner and director of AusMed Innovations Gavin Holland, who owns the Longevity Lounge in Double Bay, believes the picturesque apartment overlooking Hyde Park and the harbour was the scene of some wild parties.</p> <p>“I know that back in those days there was a lot of socialising that went on, for want of a better word,” says Holland.</p> <p>“In this building, there’ve been suicides, murders, famous and infamous people — all sorts of stuff."</p> <p>Despite the past history of the building, the two-bedroom two-bathroom apartment boasts new finishings and stunning views of the city. </p> <p>“But what we’ve done recently is spend two-and-a-half million dollars on refurbishing the rooftop pool and jacuzzi, so that’s obviously an expense the new owners won’t need to fork out.”</p> <p>Hutchence is known to have lived in the apartment with Minogue on level 27, just two floors below the communal rooftop pool, for two years during their whirlwind romance.</p> <p>The apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-sydney-144104704">2704/187 Liverpool Street, Sydney </a>has a $3.3 million guide, and will be auctioned at the end of February. </p> <p><em>Image credits: Getty Images / realestate.com.au</em></p>

Real Estate

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"I want answers": Simon Dorante-Day's cunning plan to prove royal connections

<p>The Queensland man claiming to be the son of King Charles and Queen Camilla has shared his new plan to prove once and for all that he has royal family connections. </p> <p>Simon Dorante-Day has long claimed through his 30 years of research, he discovered that he is the illegitimate son of the monarch, and has attempted to prove his theory through various means. </p> <p>Now, his new plan to get his hands on royal DNA to unequivocally prove his family heritage involves another member of the royal family. </p> <p>Speaking with <a href="https://7news.com.au/lifestyle/aussie-man-claiming-to-be-charles-son-drops-new-prince-harry-dna-bombshell-c-13488374" target="_blank" rel="noopener"><em>7News</em></a>, the 57-year-old said he and his wife have been told by a “trusted source” that Prince Harry could be amenable to helping them gather proof.</p> <p>“We got advice from a really good, really trusted source that we should approach Harry and make a connection there and ask for DNA,” Elvianna said.</p> <p>Simon added, “I was really taken aback when he said that. But it’s definitely something I’m going to do. I’ve long been a supporter of Harry and Meghan, I think it’s disgraceful the way they’ve been treated by the royal family."</p> <p>“The way they are treated on social media too, it’s just one big ‘Punch-Meghan-and-Harry-a-thon’, seriously. It’s really starting to annoy me."</p> <p>He said he is planning to "make contact with him and explore this as an opportunity," pointing out that the royal family's treatment of Harry could make him more willing to help.</p> <p>"At the end of the day, I feel like he just might be as keen as I am to expose what Charles and Camilla and the powers that be have done to me. The injustice."</p> <p>“It’s worth me pointing out that Charles and Camilla, Buckingham Palace, the entire royal family - not one of them has ever said my claims are not true. They’ve never denied what I believe, told me I’m wrong."</p> <p>Simon said “the wheels are in motion” in terms of making contact with Prince Harry, and that he’s hopeful of a positive outcome.</p> <p>“I want answers,” he said. “And I feel Prince Harry is the man to help me find them.”</p> <p>“And I think their silence speaks volumes.”</p> <p>Simon said “the wheels are in motion” in terms of making contact with Prince Harry, and that he’s hopeful of a positive outcome.</p> <p>“I want answers,” he said. “And I feel Prince Harry is the man to help me find them.”</p> <p><em>Image credits: Facebook / Getty Images </em></p>

Family & Pets

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Tenants forced to pay landlord after fleeing their “uninhabitable” rental

<p dir="ltr">A family has been ordered to pay their former landlords $3,000 after they “abandoned” they “uninhabitable” rental property. </p> <p dir="ltr">Bechara Rizk and Ariye Atayi Juma claimed that the Sydney home was unlivable, given the unrelenting infestation of cockroaches and other bugs. </p> <p dir="ltr">When the couple moved into the home with their young daughter on April 29th 2023, they immediately noticed “tiny insects and small cockroaches” in the linen cupboard, living area, master bedroom, second bedroom and main bathroom.</p> <p dir="ltr">They said the house was completely inundated with insects, as they found them on the walls, doors, skirting boards, carpets and in the toilets.</p> <p dir="ltr">Rizk emailed the real estate agency saying he did not consider the property habitable — especially for his young daughter.</p> <p dir="ltr">“(We) went to the property an hour ago for the first time since we received the keys yesterday and there were tiny insects and cockroaches alive and dead in every room,” the email said.</p> <p dir="ltr">“I have taken some videos if you need to see evidence but, most importantly, we are not comfortable bringing a small baby who is crawling to live in this apartment.”</p> <p dir="ltr">“I am writing to formally pull out of the lease and wanting to understand what the repercussions are for us.”</p> <p dir="ltr">The real estate offered to arrange a pest control service, to which the couple turned down as they believed the problem was too far gone to be fixed easily. </p> <p dir="ltr">After returning the keys on May 1st, Rizk sent an email the next day requesting their bond and deposit be returned.</p> <p dir="ltr">A pest controller treated the home on May 3rd, recording that a “small amount of (insect) activity” had been located and treated.</p> <p dir="ltr">In a letter to Rizk and Juma the next day, the real estate agency said the pest controller had found “no evidence of a pest infestation in the property” and the couple’s claim the property was uninhabitable was without merit.</p> <p dir="ltr">Rizk replied, “We have pulled out of our lease not due to a change of mind, it is uninhabitable and simply not what we signed up for.</p> <p dir="ltr">“We cannot live in an insect-infested apartment with a young baby.”</p> <p dir="ltr">“As any parent should understand, our child is our first priority and at the very least it would be irresponsible and the most could potentially put her in harm.”</p> <p dir="ltr">The matter between the family and the landlord ended up in the NSW Civil and Administrative Tribunal, with the couple seeking repayment of their bond while the landlords asked for compensation for the couple’s “abandonment” of the lease.</p> <p dir="ltr">Tribunal member Ross Glover found that the couple did in fact abandon the property, and were ordered to pay their former landlord $3,000 in compensation. </p> <p dir="ltr">The amount was deducted from the couple's bond which left no remaining balance to be refunded to them. </p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 14pt;"><em>Image credits: Shutterstock</em><span id="docs-internal-guid-ce22768c-7fff-0303-0182-7d6aa3cd857a"></span></p>

Money & Banking

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Real estate agency slammed for "greedy" rental increase

<p>Real estate agency Nelson Alexander has come under fire after increasing the weekly rent to one of their vacant properties on the day of the viewing. </p> <p>The property, located in the inner suburbs of Melbourne, had a scheduled viewing on Thursday and many hopeful tenants were keen to check it out. </p> <p>Unfortunately, their interest came at a cost, as the agency sent out a text just hours beforehand saying that they were increasing  the weekly rent from $600 to $650 due to "overwhelming" demand.</p> <p>Journalist Jacqueline Felgate shared the text on social media, and many branded the agency's move as  "greedy" and "disgraceful" and even accused them of perpetuating the rental crisis. </p> <p>The exact location of the property and the number of bedrooms it has <span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">is unknown, and after receiving all the backlash, the ad has since been pulled. </span></p> <p><span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">The real estate agency also apologised and said that </span>they "do not solicit or encourage any form of rental bidding".</p> <p>"Whilst the current issue at hand is not a breach of legislation, it fell short of our commitment to fair and transparent practices," the statement read.</p> <p>"We are deeply aware of the moral and social responsibility we have to our community during these challenging times."</p> <p>They also added that they are currently reviewing their processes to "ensure this doesn't ever happen again". </p> <p>It is unclear whether the property has been put back on the market and for what price. </p> <p><em style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; color: #323338; font-family: Figtree, Roboto, 'Noto Sans Hebrew', 'Noto Kufi Arabic', 'Noto Sans JP', sans-serif; background-color: #ffffff; outline: none !important;">Images: Instagram</em></p>

Money & Banking

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One humble Sydney pub's big plans for Princess Mary's coronation

<p>A pub in Sydney has shared their plans to celebrate Crown Princess Mary's coronation as she ascends to the Danish throne. </p> <p>The Slip Inn, a Merivale-owned pub near Sydney's Darling Harbour, was where Princess Mary met Denmark's Prince Frederik in 2000 during the Olympic Games. </p> <p>Now, the Aussie princess is set to become Queen of Denmark following the shock announcement of the abdication of Queen Margrethe, who announced she will be handing the throne to her son as of January 14th. </p> <p>In celebration of the Princess Mary <a href="https://oversixty.com.au/lifestyle/family-pets/crown-princess-mary-set-to-make-history" target="_blank" rel="noopener">making history</a> as the first Aussie to ever hold the title of Queen Consort, the Slip Inn have shared their plans for coronation day. </p> <p>The pub will be honouring the occasion with a Danish themed menu and decorations ahead of a busy weekend expected to attract tourists and royal punters.</p> <p>The Slip Inn is closed on Sunday, so there will be no live broadcast of the official proclamation ceremony taking place in Copenhagen, however the pub couldn’t let the day pass without paying tribute to the couple.</p> <p>Danish flags will fly throughout the venue, while Daisies, the national flower of Denmark, will adorn the venue and King and Queen thrones have been installed for people to pose on and take photos with.</p> <p>A special menu will feature hotdogs and a Scandinavian inspired cocktail titled “There’s Something About Mary”. </p> <p>The Danish-inspired menu will run at The Slip Inn for the whole month of January to celebrate the new King and Queen. </p> <p>Chief operating officer at Laundy Hotels Justin Tynan said the Sussex St pub was “the place to be” in Sydney’s thriving night-life scene of the time, and soon became the centre of royal attention after the couple disclosed it as their meeting place.</p> <p>“I think I did about 50 live crosses around the world when the news broke,” he said of the time.</p> <p>“The Danish flag still hangs out the front of the building but back in the day we put Carlsberg beer on, we put Danish food on the menu, we had buses turning up with Danish tourists just wanting to see exactly where they were.”</p> <p>“It was absolutely crazy.” </p> <p><em>Image credits: Getty Images </em></p>

Relationships

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Women forced to do shocking act for $100 rent reduction

<p>Two women in Queensland have claimed that they were forced to use a makeshift  "temporary shower" outdoors, while renovations are being carried out in the property's only bathroom. </p> <p>The pair, who were expecting a porta-loo style shower to use during the four-to-six weeks renovation, were horrified when they found out the makeshift shower was just a blue tarpaulin attached to the side of the house.</p> <p>Electrical cords and plumbing pipes can be spotted hanging down in front of the open cubicle, and has no curtain for privacy or a lock, raising questions for their privacy and safety. </p> <p>To make matters worse, the women revealed on Facebook that they initially tried negotiating for a rental discount of $200 per week during the renovations, but their landlord said "no way" offering only a $50 discount, "then $100 as final offer".</p> <p>Dr Chris Martin, Senior Research Fellow in the University of NSW's City Futures Research Centre, slammed the landlord for "a bunch of possible breaches". </p> <p>"There is a big question about whether the temporary arrangement meets the minimum standards that apply to rented premises in Queensland under the Residential Tenancies and Rooming Accommodation Act," he told <em>Yahoo News</em>. </p> <p>"Those minimum standards include that the bathroom and toilet facilities must provide privacy and that a premise must be weatherproof and structurally sound, and there's a standard about security," he added. </p> <p>He also claimed that "there's a bunch of possible breaches of the minimum standards of this temporary arrangement," as intruders could also potentially get in. </p> <p>The Senior Research Fellow also slammed the $100-a-week reduction in rent, calling it "grossly insufficient".</p> <p>"What a professional landlord who takes a bit of pride in themselves as a reputable housing provider would have done, is hire one of those portable bathrooms that come on a little trailer with a little heater and hook it up, and also do a rent reduction for the hassle of having to trot out to the trailer to shower," he said.</p> <p>"That would be the appropriate response."</p> <p>He encouraged the tenants to speak to Tenants Queensland or a local tenants advice service about what to do, adding that they could say that the current temporary arrangements could be deemed "unlivable or uninhabitable". </p> <p>"I suggest they should also be telling the landlord that this arrangement may place the landlord in a further breach of the agreement and for the liability for an even bigger rent reduction and the prospect of compensation if they don't do this better,"  Dr Martin told the publication. </p> <p><em>Images: Facebook</em></p>

Money & Banking

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Poh reveals birthday plans for her big 5-0

<p>Aside from her cooking skills, <em>MasterChef's </em>Poh Ling Yeow is also known for her “ageless beauty” and this year, the beloved cook is gearing up for a double celebration. </p> <p>“My 50th birthday falls close to Christmas, and my dad wants to combine the two celebrations this year,” she told <em>Yahoo Lifestyle</em>. </p> <p>Poh told the publication that she opted to merge her birthday celebration and Christmas festivities in an effort to make the holiday season “stress-free” for her and her loved ones. </p> <p>“The key to a stress-free Christmas is reducing your personal workload, and I can’t think of a better way to get into the festive spirit than sharing preparations for the big day with family. It’s always potluck at the Yeow family Christmas!”</p> <p>And as you'd expect from a seasoned chef, this year's menu consists of a few of her own “centrepiece mains”.</p> <p>Her other tip for reader's at home hoping to make Christmas more stress-free is to ask guests to bring a side or dessert.</p> <p>“I love a grated beet, chickpea and mint salad with white balsamic that’s full of crunch and almost like a pickle,” she said. </p> <p>"Also, a Thai roast chicken and glass vermicelli salad, and a Korean japchae (sweet potato noodle salad).</p> <p>“My family, bless them, loves a proper retro trifle. It starts with making finger jello by adding 1 tablespoon of powdered gelatine to a raspberry or strawberry jelly so you can easily cut them into cubes after it’s set." </p> <p>She then shared her tip for making the trifle. </p> <p>“Then it’s just a matter of layering sliced, store-bought jam rollettes drowned in regular strawberry jelly mixture, tinned peaches, fresh strawberries, custard made with powdered custard mix, fresh cream then piling on the prepared jelly cubes.”</p> <p><em>Images: Yahoo Lifestyle</em></p>

Food & Wine

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"Eviction season": Real estate slammed for callous Christmas email

<p>A real estate agency has been forced to apologise after tenants were sent a callous email about paying their rent on time over the Christmas period. </p> <p>The email, which is believed to be sent by Professionals Taylor Lakes in Melbourne, referred to the festive period as "eviction season", and encouraged renters to make timely payments to ensure "your living arrangements are not jeopardised over this festive period".</p> <p>"Christmas is a fantastic time of year and also a very busy time," the email begins.</p> <p>"Christmas time is also known in property circles as 'eviction season' as so many people choose to use their rental payments for Christmas spending instead of ensuring that their family accommodation remains top priority over this period.</p> <p>"We see so many tenants fall behind in their rent and then get into the position where they are not able to catch up, as this is their biggest financial obligation."</p> <p>The agency said it didn't want to be tasked with the "unfortunate job" of having to remove and evict them from their homes over Christmas. </p> <p>"We find this action very unpleasant for everyone concerned and we all enjoy our Christmas much less because of it," it said.</p> <p>"We urge you to pay careful attention and ensure that throughout December and January, you pay your rent on time, every time!"</p> <p>The email was met with a wave of backlash online, with many calling the message "thoughtless" and "not professional". </p> <p>"This is just appalling," Anti-Poverty Network SA wrote on Facebook.</p> <p>Professionals chief executive Katherine Gonzalez-Cork said the email was brought to her attention on Wednesday morning, and offered an apology to the recipients.</p> <p>"The email was distributed to tenants directly from the Taylors Lakes office and the content was not endorsed by me or the Board of Professionals and does not represent our company's expectations of communication with our property renters," she said.</p> <p><em>Image credits: Getty Images</em></p>

Money & Banking

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Flower tycoon pays $76 million in CASH for epic mansion

<p>A Sydney businessman and flower mogul has expanded his real estate portfolio, snapping up one of NSW's most prestigious properties. </p> <p>Leo Lynch and his wife Christina have bought a Federation mansion in Sydney's Bellevue Hill, with the eight-bedroom eight-bathroom property boasting impressive views of Sydney Harbour. </p> <p>The mansion, which was built in the 1890s, also showcases a pool, tennis court, and endless luxury amenities for the well-off buyers. </p> <p>"Designed by architect Walter Vernon," read the listing for the property, "the home is considered his most significant residence. Other heritage buildings designed by Vernon include the Australian Museum, the Art Gallery of New South Wales and Central Railway Station. A truly rare offering to earn a piece of Australian history."</p> <p>While securing the house seems like a huge feat in itself, the Lynch's decided to take the purchase to the next level, buying the home for $76 million in cold hard cash. </p> <p>Despite paying the whopping eight-figure for the mansion, the home needs work and is set to undergo renovations. </p> <p>The purchase of the property, named Leura, comes just after the Lynch's sold their former home for $52.4million more than he bought it.</p> <p>The same night he made the enormous purchase for the Leura estate, he sold his mystery home, just blocks away, for $61.5 million after rebuilding the property he had bought for just $9.05 million in 2014.</p> <p>Leo Lynch, 60, is a third generation of the wholesale flower family's company, founded in 1915 and for which private equity group Next Capital took a majority interest in 2015, before it was publicly listed in 2021.</p> <p><em>Image credits: Domain</em></p>

Real Estate

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Three-bedroom home on the market for unbelievably cheap price

<p>A three-bedroom home located on the border of Victoria and South Australia is up for sale for just $65,000. </p> <p>But there is a catch to future homeowners who want to experience the “quiet and cheap country living”, as they might need to be handy with a hammer. </p> <p>“If you’re a handyman and willing to put some elbow grease into it, then this one might be for you,” the listing read. </p> <p>The home itself is located on two plots of land measuring 2,100m2 in Serviceton, Victoria, and is only 16 minutes away from Bordertown, South Australia. </p> <p>“Being on two titles, you can utilise both or sell the vacant allotment as all the dwellings are on one,” the listing read. </p> <p>It also features a large lounge room with wood-fire heater, and a centrally located bathroom with a bath and vanity. </p> <p>There's plenty of room to cook in the massive kitchen, despite it needing a lot of work, it features a formal dining area that has a sliding servery window which connects to the lounge room.</p> <p>Outside, the future homeowner can find a large shed, rain water storage, and a gate that opens up to a park. </p> <p>“It went under contract ... an hour and a half (after it was listed),” Ray White agent Hayden Obst told<em> 7News</em>. </p> <p>The condition of its electrical, plumbing and appliances are unknown, but people are still expressing their interest.</p> <p>Despite this, many people from different parts of the country and a few investors are still calling the real estate agent, just in case the contract falls through. </p> <p><em>Images: 7News.com.au</em></p>

Real Estate

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