How Renovated Australia Home Loan Property in Newtown Transformed Real Estate Market

A recently renovated home in Newtown, Australia, located at 21 Huntingdon St, has been sold for just under $2.1 million after garnering significant interest from buyers. The property underwent a striking transformation that included the addition of a poolside entertainment area to the rear of the original Californian bungalow. The renovation was a testament to the owners’ vision of creating a luxurious living space near Pakington St.

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The highlight of the property is the backyard pool and outdoor entertainment area, which are part of a modern extension at the back of the bungalow. The house, initially listed with price expectations of $2.3 million to $2.5 million, attracted multiple offers before being sold to a young local family. According to Whitford Newtown agent John Moran, the property’s entertaining space was particularly impressive, contributing to its appeal among buyers.

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The original two-bedroom house was purchased by the current owners in 2016 for $636,000. The renovation focused not only on the rear extension but also on refreshing the front section of the property, including the weatherboard facade, front garden, and tessellated tiled porch. Traditional features like open fireplaces and polished timber floors were retained in the front rooms, with modern upgrades such as a walk-in wardrobe and ensuite added to enhance the main suite.

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The central living area boasts a spacious open-plan layout with polished concrete floors, connecting seamlessly to the outdoor spaces. A wall of glass and sliding doors offers views of the pool and courtyard, while a sunken entertainment zone with a built-in barbecue and fridge complements the main kitchen. The lounge features a raked ceiling, built-in cabinetry, and a black feature wall, creating a contemporary yet cozy atmosphere.

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The property’s two-storey rear wing accommodates a cellar, storage room, and double garage with back lane access. The renovation successfully blended modern design elements with the original charm of the bungalow, creating a cohesive and inviting living space for the new owners.

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Real estate trends in Australia indicate a growing demand for renovated properties that offer both modern amenities and traditional character. The sale of the Newtown home exemplifies how strategic renovations can significantly increase a property’s value and appeal to discerning buyers seeking a combination of style and functionality.

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As the housing market continues to evolve, properties like the one on Huntingdon St serve as prime examples of successful real estate transformations that cater to the desires of modern homeowners. The blend of indoor and outdoor living spaces, along with meticulous attention to detail in the renovation, showcases the potential for revitalizing older homes into contemporary masterpieces.

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