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25 Kentia Court, Elanora sold for a record US$2 million.
Elanora raised its suburban housing price record from the surface by $350,000 to $2 million.
This is the third time Elanora has broken its own record in a few weeks. This pattern can only be seen further north of Mermaid Waters, where suburban house prices have been broken five times in a few months.
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It has a contemporary coastal theme.
According to RP Data’s records, the coastal-style house at Elanora 25 Kentia Court was sold for US$2 million on July 5 less than a week after it went public.
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The sale is $350,000 higher than the previous property jointly held by 4-6 Mavista Grove and 13 Kentia Court, which covers half a hectare and changed hands on July 1. 13 Kentia Court is a single-storey house of 983 square meters. , Sold 21 in June for US$1.65 million per person.
It is located on a spacious block of 1,342 square meters.
These sales surpassed the sales of 11 Wirildar Drive and 4 Evergreen Drive that joined the record holders, which were sold for $1.5 million in November and June 20, 2020, respectively.
The most recent auction in Kentia was done by a local family.
The house is bright and airy.
Sold through David Lonie of LJ Hooker Palm Beach, he said that when he showed two groups and received two offers, the listing barely entered the market.
Decorated in a modern coastal style, it is easy to see what attracts the family.
On an easy-to-manage single storey, the three-bedroom house is located in a unique pocket in the suburbs, covering an area of 1,342 square meters.
Underground swimming pool in summer.
With a 30m waterfront surface and a pontoon, the owner can sit on the kayak and paddle board in a few seconds after walking out of the back door.
Facing the parliamentary reserve on the other side of the river, the property is peaceful and picturesque.
Local agents said that after buyers were driven out of nearby Palm Beach, Elanora’s real estate demand reached an all-time high, where the median house price was well over US$1 million.
It is the epitome of coastal life.
According to data from Core Logic, Elanora’s median is still below the magical million mark, at $938,000.
However, if sales continue to maintain an upward trend, this situation may be about to change.
According to the latest data from Core Logic, Elanora’s house prices have risen by more than 24% in the past 12 months.
House prices in Elanora have risen by more than 24% in 12 months.
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