From Canberra to Sherwood — downsizers make the interstate move

first_imgMayView is a north facing residential development in the heart of one of Brisbane’s most established riverside suburbs. The marketing agent had multiple offers on the three bedroom apartments.Mr Patterson said buyers so far had come from the outer suburbs to be closer to the city or their family.“One person who purchased just today came from Canberra,” he said. For the developer of Mayview, a small complex of 14 apartments, it was important to complete the project before presenting it to the market, according to marketing agent Duke Realty sales director Sam Patterson. Apartments can include Brisbane views, wide balcony, open-plan lounge and dining area, separate kitchen.Mr Patterson said bigger developments in the area were focused on off-the-plan sales to investors, whereas Mayview was targeted at an owner-occupier downsizer demographic. >>FOLLOW EMILY BLACK ON TWITTER<< More from newsParks and wildlife the new lust-haves post coronavirus17 hours agoNoosa’s best beachfront penthouse is about to hit the market17 hours ago“This was built, developed and then we started marketing,” he said.“We didn’t do any off-the-plan sales, we just finished it and then we went out to the market.” Five of the 14 apartments have sold.Mayview was completed three months ago, and five of the 14 apartments have sold, with the first residents already settled in the building. He said both three-bedroom apartments sold during the first week.center_img For the developer of Mayview, in Sherwood, a small complex of 14 apartments, it was important to complete the project before presenting it the market.“Then some young professionals, but mainly downsizers, like the people who bought from Canberra are moving up here to be close to their grandchildren.” Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 9:24Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -9:24 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD288p288pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. 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 Rate1xFullscreenCoreLogic Brisbane Housing Market Update – August 201809:25 MayView’s bathroom space.“We had multiple contracts on both of them, and they were $700,000 and $725,000, which was the highest three bedder sold in Sherwood,” he said. For the developer of Mayview, in Sherwood, a small complex of 14 apartments, it was important to complete the project before presenting it the market.A north-facing orientation, city views, 3m ceiling heights and discrete placement of utilities is what sets this Sherwood complex apart from other developments in the area, according to its marketing agent.last_img