7 days ago
Massive price for 1960s time capsule home
A 1960s house, built by a carpenter for his family and preserved as if time stood still, has sold for $2.405m, setting a new benchmark for an original property in one of the Gold Coast's most sought-after beachside pockets.
With a Hills Hoist in the backyard and lace tablecloths in the kitchen, the cottage amazed buyers with its immaculately preserved tableau of the past as it came to market for the first time ever.
The three-bedroom, two-bathroom house on a 670 sqm lot at 9 Tawarri Cres, Burleigh Heads, sold 11 days after listing, to a local buyer planning to build a family home.
Marketing agent Paddy Quinn, of PRD Burleigh Heads, said the price was the highest achieved for an original home in the popular community of Koala Park, located close to picturesque Tallebudgera Creek.
'This is a prime lifestyle location where high-end luxury homes have sold for phenomenal amounts, and the result is testament to how competitive it has become to get into Koala Park,' Mr Quinn said.
The last comparable sale was a four-bedroom house on the same street, sold for $1.94m in December and on the market for the first time in 26 years.
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With its cream and green exterior, retro coloured glass, shagpile carpets and shelves displaying religious figures, Mr Quinn said the house at 9 Tawarri sent many buyers on a trip down memory lane.
'The home had never been renovated and was kept pretty much as though time had stood still since the 1960s,' he said.
'The idea of the campaign was firstly, to pay homage to the vendors' late parents for their quality construction of a home that showcases enduring craftsmanship and timeless character – the saying, 'they don't build them like they used to', comes to mind.'
It was sold as a deceased estate, and had been home to the seller's mother, a beloved local character known as 'Terry', since it was built until her death aged 91.
'It was a one-of-a-kind house built with a lot of love for a very loving family.'
PropTrack data shows house prices in Burleigh Heads were up 16.2 per cent over the past 12 months to a median of $1.569m.
