Couple have high hopes of good return on home sale
LORRAINE and Garry Handcock downsized to a house at Hope Island about six years ago.
They had previously lived on acreage at Ormeau and were looking for something a little smaller at the time.
The Hope Island house is now a little too big for them also, so they are selling with plans to move into a single-level home in the same area.
“(When we moved here) It was a lifestyle change for us,’’ Mrs Handcock said.
“This house was smaller we came from a really big house on a ridge.’’
“We are downsizing again, but we are definitely staying in the area.
“It has just got everything here.
“There are lots of restaurants we can have a golf buggy, I can go around to the shops in a golf buggy.
“Living in a secured estate there is a certain comraderie amongst people in the estate. “It is a really nice feel.’’ Ms Handcock said they had considered selling last year, but decided to wait as the market still seemed a little rocky then.
“We held off last year, we sat on our thumbs for a little while.’’
But she said the indications were that the market was now starting to move again, although she is realistic about what sort of price they will achieve. She said they bought at the height of the market and realised prices had since come back.
“We had had quite a bit of interest (after two open homes),’’ she said.
Ms Handcock said their marketing agent Phillip Chillemi of McGrath Broadbeach had told them that the past few weeks had been very active for him with lots of inspections of properties.
“I think that there are less properties on the market now than there were,’’ she said.
“I think there were a lot of people last year put into a position where they had to sell.
“But I think that has sort of gone out of the market now.
“We don’t need to sell, that is the difference (for us) we would love to sell, but we don’t need to.
The house will be auctioned on February 2.
Lorraine and Garry Handcock plan to buy a single-storey house when they sell their Hope Island home.