New record set for Sawtell

The Coffs Coast Advocate - - REAL ESTATE - MELISSA MARTIN melissa.martin@coff­s­coas­tad­vo­

SAWTELL’S rep­u­ta­tion as one of the prop­erty pow­er­houses of the re­gion has been ce­mented once more, with a new price record set in the sub­urb.

McGrath Sawtell has sold a lux­ury home at 9 Honey­suckle St for $1.9 mil­lion.

Sell­ing agent and McGrath prin­ci­pal Martin Wells said the prop­erty was by far one of Sawtell’s finest.

“It’s ob­vi­ously lo­cated in Sawtell’s dress cir­cle; Honey­suckle St has long been well re­garded as one of the ul­ti­mate lo­ca­tions within Sawtell, so that’s part of the story,” Mr Wells said.

“But the prop­erty also rep­re­sents one of the best homes in Sawtell, and pos­si­bly one of the best on the Coffs Coast for its qual­ity of in­clu­sions and fin­ishes.”

The ex­pan­sive home fea­tures four bed­rooms, mul­ti­ple in­door and out­door liv­ing zones, a lift from the garage to the ground floor and a lo­ca­tion across the road from the beach and a few min­utes walk to First Av­enue’s bou­tique shop­ping and cafe cul­ture.

The home was snapped up by Syd­ney buy­ers re­lo­cat­ing to the Coffs Coast.

“They walked into our of­fice on a weekday morn­ing and said ‘We’re up from Syd­ney, what have you got?’.

“They saw the home and loved it, so they went back and listed their home in Syd­ney which sold within a week.”

Mr Wells said mi­gra­tion from met­ro­pol­i­tan ar­eas is some­thing he’s see­ing more of, and buy­ers are thrilled at what they can buy here for a frac­tion of what a sim­i­lar prop­erty would cost in places like Syd­ney.

“They can live so close to the beach here and have ac­cess to a beau­ti­ful vil­lage like Sawtell for a small per­cent­age of what it would cost down there.”

The sale of 9 Honey­suckle St for $1.9 mil­lion comes al­most two years to the day af­ter it was sold for $1.8 mil­lion.

At that time it had missed mak­ing a sub­urb record by just $100,000; the pre­vi­ous price record for Sawtell of $1.801 mil­lion had been set in Jan­uary 2016 at the auc­tion of Boro­nia St.

Both those sales were made by McGrath. Mr Wells said the new record was in­dica­tive of the strength of the Sawtell mar­ket.

“It’s still very solid with strong buyer in­quiry, but the stock avail­able is light on – as it is ev­ery­where – so prices con­tinue to in­crease.”

While Syd­ney buy­ers are be­com­ing more com­mon, Mr Wells said there was just as much lo­cal in­ter­est in Sawtell as there is from out of town.

“A lot of peo­ple want to break into that Sawtell life­style.”

RECORD SALE: This four-bed­room home in Sawtell’s ex­clu­sive Honey­suckle St has set a new price record for the sub­urb of $1.9 mil­lion. Photo: Con­trib­uted

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