Footy Trip Leads to Lavish Collinswood Purchase
A luxurious Collinswood property at 24 Cassie Street recently sold for $1.7 million in a competitive auction. Significantly, the buyer successfully bid remotely while on a footy trip, underscoring the suburb’s desirability for luxury living.
The property features a spacious 1088-square-metre block, multiple living areas, and a large kitchen, making it ideal for families and entertainment.
The sale was facilitated by real estate agents Stefan Siciliano and Adam Humzy, who likely leveraged the suburb’s attractive location and unique features to attract diverse buyer demographics. Further insights into Collinswood’s real estate market dynamics and its appeal to buyers are worth exploring.
Highlights
- A $1.7 million sale at 24 Cassie Street highlights Collinswood’s desirability for luxury living.
- The buyer participated in remote bidding during a footy trip, securing the property.
- The 1088-square-metre block offers ample land for outdoor activities and recreation.
- Real estate agents Stefan Siciliano and Adam Humzy facilitated the competitive sale.
- The sale reinforces Collinswood’s reputation as a sought-after suburb for quality living.
A Lavish Collinswood Acquisition
A recent Collinswood acquisition highlights the suburb’s enduring appeal, with a luxurious property at 24 Cassie Street selling for a substantial $1.7 million. This notable sale showcases the area’s desirability for luxury living. The buyer secured the property through remote bidding, facilitated by real estate agents Stefan Siciliano and Adam Humzy from Ray White Prospect.
This method allowed the buyer to participate in the auction while away on a footy trip to Yorke Peninsula, demonstrating the flexibility and convenience of modern real estate transactions. The successful sale underscores Collinswood’s appeal to buyers seeking high-end properties, further solidifying its reputation as a sought-after suburb.
Property Features and Attractions
Some of the most compelling features of the recently sold Collinswood property at 24 Cassie Street include its sprawling 1088-square-metre block, providing ample land size for outdoor activities and recreation.
This spacious backyard offers endless possibilities for various activities, making it an ideal location for families and outdoor enthusiasts. Inside the property, multiple living areas, including a lounge, sitting room, and formal dining room, provide ample living space for relaxation and entertainment.
A large kitchen adjacent to the casual dining area, featuring French doors, further enhances the property’s appeal. These features, combined with the expansive land size, make the property an attractive choice for those seeking a spacious and versatile living space.
Market Trends and Insights
Several factors contributed to the intense interest in the Collinswood property at 24 Cassie Street, which ultimately led to its sale for $1.7 million. Market trends indicate that properties in desirable suburbs like Collinswood attract diverse buyer demographics, including couples and families. A competitive bidding scenario emerged, with multiple interested parties vying for the property.
According to Stefan Siciliano and Adam Humzy from Ray White Prospect, the agents involved in the sale, the property’s unique features and location contributed to its appeal.
The sale reflects the current market trend, which shows a median profit of $326,000 from house sales in Australia, indicating a strong demand for quality properties in sought-after suburbs.
The Allure of Collinswood Homes
Three key elements contribute to the allure of homes in Collinswood: its fantastic general location, the abundance of outdoor and indoor living spaces, and the diversity of housing options available. These factors, combined with the Collinswood charm, make the suburb an attractive choice for families and couples seeking a suburban lifestyle.
Some of the features that contribute to the allure of Collinswood homes include:
- Ample land size, providing space for outdoor activities and family gatherings
- Multiple living areas, allowing for flexible use of space
- Variety of housing options, catering to different buyer needs and budgets
- Proximity to local amenities, enhancing the overall quality of life
- Opportunities for renovation and customization, allowing buyers to put their touch on their home
Real Estate Market Dynamics
Real estate market dynamics in Collinswood are influenced by a complex interplay of factors, with seasonal buyer behaviour playing a significant role in shaping the local market.
According to auction reports, competitive bidding scenarios are common in Collinswood, highlighting the suburb’s desirability. Stefan Siciliano, a real estate agent from Ray White Prospect, notes that “land size and living space are essential in buyer decisions.” Auction strategies, such as bidding over the phone, also contribute to the market’s dynamics.
As observed in the recent $1.7 million sale on Cassie Street, buyer behaviour can be influenced by various factors, including the property’s features and location. Understanding these dynamics is vital for buyers and sellers to navigate the Collinswood real estate market effectively. Local market trends and expert guidance can help inform decision-making.
