A buyer is still out there after Selling Houses Australia renovation transforms Drysdale home
A Selling Houses Australia renovation has drawn more eyes to a Drysdale property, but offers haven’t been up to expectations. What could be holding them back?
A Selling Houses Australia renovation has drawn more eyes to a Drysdale property but hasn’t produced an offer to the owners’ expectations.
The Lifestyle property show’s team of host Andrew Winter, interior designer Shaynna Blaze and landscaper Charlie Albone blitzed the tired three-bedroom house on a 2.92 property at 173-195 Murradoc Rd.
The renovation, which aired this week, transformed the rustic cottage full of real estate no-no’s.
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The new-look interior introduces a neutral colour palette, pale timber floors and a showpiece kitchen with stone benchtops and a feature brick fireplace, plus two living areas.
A covered deck with access to vegetable planter boxes has been added for outdoor entertaining.
“Two out of the three bedrooms felt internal which is a complete no, no and the second living area felt more like an outdoor area,” Mr Winter said.
“And then on top of that the decor was basically just 1990s country and western.”
But he said the extensive equestrian facilities narrowed the appeal.
“Equestrian facilities have an appeal but most people in this sector will be leisure pursuits so they might want a couple of loose boxes and couple of fenced fields but they don’t need a ménage and they don’t need training facilities and all the rest of it,” he said.
Bellarine Property selling agent Lee Martin said a couple of offers of about $1 million came during and after filming.
“The show certainly helped bring about an increase in inquiry,” Mr Martin said.
“Before the renovation we were going through with about two buyers a month whereas post-renovation it has probably been four or five buyers a month.
“The kitchen is incredible. The living space is bigger, even though structurally there was no changes and the bedrooms were reconfigured to be more private, so they put money into the right areas for sure,” he said.
Mr Martin said a lot of buyers were looking for an acreage property and liked the house.
“But this property is a lot more than that. It’s a great house now, but it is really far down the equine end of the spectrum for acreage.
“If you don’t have several horses, you’re probably not going to gravitate towards it and that’s been our limitation so far.”
Bur he said the recent sale of Olympic equestrian Mary Hanna’s incredible $7.25 million property at Scotchmans Rd meant at $1.15 million to $1.25 million, this was good value in comparison.
With Nicole Mayne
Originally published as A buyer is still out there after Selling Houses Australia renovation transforms Drysdale home