A 97-year-old woman in Clayfield has sold her $2.3 million home, where she has lived since she was three years old. The sale, after 94 years, marks a significant moment in the local real estate market.
The much-loved home at 64-66 Kalinga Street, Clayfield, Queensland, sold for $2.35 million at an auction on 20 July 2024. This purchase combined forces to portray the high demand for homes in this area, contributing to a 60.3 per cent national clearance rate over that weekend.
This iconic Queenslander home boasts a sprawling 810sqm block—this family home has been around for almost a century. It had original features, including its VJ wall panels, sage green roof and patterned wallpaper, which also drew more than 100 onlookers and fierce competition from six bidders among the 17 who registered.
The two bedroom house, known for its timber structure, handsome verandah, and elevated position, backs onto Kalinga Park with all the picturesque views and direct access to green spaces that entails.
The property, which Ray White Ascot listing agent Vanessa Harte described as “cute as a button,” sold to a family who will renovate and live in it. The sale is important to her, Harte added, as the seller’s family is helping her downsize.
The vendor has seen some big changes in the Brisbane real estate market over all the decades. According to data from Macquarie University, in 1973, a typical Brisbane house cost $17,500. The sale of this house signifies both an increase in property value and the owner’s strong attachment to her home and community.
Published 26-July-2024