Latest news with #DarrylKerrigan
News.com.au
11 hours ago
- Entertainment
- News.com.au
Bonnie Doon listing proves Darryl Kerrigan was a real estate genius
You can smell the serenity, it's got the vibe and this Bonnie Doon address has even got a view across the lake to the home used when filming The Castle. And it's making one thing very clear, cult film hero Darryl Kerrigan really did know how to spot a bargain. The 11 Nanda Court property has just hit the market with an $890,000 asking price, and enough similarities to the holiday home used in the hit Aussie flick that it's worth wondering what it would have cost the film folklore family back in the day. Hemsworth link could help make Phillip Island next Byron Bay No. 11 sold for $61,000 in 1985, about 12 years before the film's 1997 release — and probably pretty close to when Darryl would have bought his piece of paradise across the water. That's an incredible 1359 per cent increase over the past forty years, meaning the Kerrigan family's holiday home is also now likely worth 14 times what they would have paid for it. And that's even with the power lines running alongside of it, which just happen to be the same ones that go past the Nanda Court address. The suburb's median house price is up around $770,000, according to latest PropTrack stats. Elders Mansfield's Felicity Kay said the two-bedroom home's layout, design was also similar, though the kit-style aesthetic was a little different due to its timber cladding. 'And they are almost looking at each other,' Ms Kay said. 'So you'd just need some jousting sticks and Coco's kennel.' Noting that the homes on the other side of Lake Eildon are typically selling for similar prices, the agent said Bonnie Doon had come a long way. 'It's become a prime location that's all about the lake,' Ms Kay said. Most of the homes in the region being snapped up by tradies from Melbourne looking for a weekender where they can take the boat out — and definitely not people from Toorak. She's hoping whoever buyers the home won't change it, as homebuyers in the area are, ironically, acquiring the older waterside shacks with a view to demolishing them. A neighbouring residence sold for $850,000 in 2023 was bulldozed almost a day after it settled, and has been replaced with a larger house. As Bonnie Doon evolves a few of the larger properties in the area are now even sporting their own private helipad. 'Hopefully they don't knock this one down,' Ms Kay said. 'But this one might just stay the way it is. It's well presented … and it's in a quiet court location, walking distance to the pub.' On the other side of the lake, where the original home from The Castle is currently available as a getaway on Airbnb for about $770 a weekend, Ms Kay said homes are typically a bit bigger — but have a steeper decline to the water, so prices are usually about the same. And despite a significant price rise for 11 Nanda Court over the past forty years, Ms Kay said she was certain 'Darryl would for sure think it's a bargain'.
Time Out
24-06-2025
- Business
- Time Out
These are the 8 suburbs close to Sydney's CBD where house prices are under $2 million
Longing to own a house within 10 kilometres of Sydney's CBD and still have change from $2 million? Most Sydneysiders might quote Darryl Kerrigan in The Castle and say, 'Tell him he's dreaming!' But this need not be a pipe dream. A recent SMH article says a few city-fringe suburbs still offer homes under $2 million – but not for long. Two interest rate cuts by the Reserve Bank of Australia this year – and the possibility of more – mean there's an influx of buyers trying to get a slice of Sydney's affordable(ish) property pie. Says Dr Nicola Powell, Domain's Chief of Research and Economics: '...as we see rates being reduced further, it will provide more momentum for the housing market. That will boost buyer sentiment and confidence as mortgage rates continue to fall. We won't see a price boom, but we will see growth, particularly in those sub-$2 million prime locations.' Location, location, location: we're talking inner-city suburbs like Redfern, Erskineville, Leichhardt and Newtown. These areas offer a taste of inner-city life, with terraces and townhouses that bring charm, character and convenience – plus a (relatively) cost-effective median house price under $2 million. In Erskineville, agents are reporting up to 40 groups at open homes – double what they were seeing just a few months ago. Good homes on good streets? Expect four to six serious buyers fighting it out at auction. Buyers range from first-home hopefuls to investors and knockdown-rebuilders. Here's where median house prices currently stand: So why the sudden urgency? Buyers remember what happened the last time interest rates dropped – demand spiked, and house prices surged. They're keen to get in now, while the door's still open. The only things giving some would-be buyers pause are cozzie livs, which is still hitting hard, and political and economic uncertainty overseas – particularly in the USA. Still, for many Sydneysiders, the lure of inner-city living without completely breaking the bank is proving too tempting to ignore. And Plus, .
