Harcourts Newcastle's Joel Soldado has described an eye-catching Maryville listing as "one of the best" properties in the increasingly popular inner city suburb.
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He is marketing the two-year-old home designed by Pazar Design at 54 Lewis Street with a guide of $1.3 million to $1.4 million. It has solid timber floors throughout, a custom kitchen, four bedrooms, three bathrooms, double garage and covered alfresco area.
"It's a beautiful home. It's all bespoke joinery, nice high ceilings, lots of windows and it's got a really nice functional lay-out," Mr Soldado said.
Inner city suburbs Maryville, Islington and Tighes Hill have gained in popularity in recent time and all have recorded suburb-high sales in the past 12 months.
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They include the $1.6 million sale of a waterfront home at 84 Estell Street in Maryville last July, $1.5 million for 5 Sparke Street in Tighes Hill, also on Throsby Creek, in March, and $1.41 million for a stunning warehouse conversion at 14 Power Street in Islington last month.
"It's amazing how many people that we're finding are coming from Cooks Hill and Merewether and they're just finding the Throsby Precinct is that new hip area," Mr Soldado said.
"It appeals to all different types of demographics. You've got your families, you've got your professional couples, artists, young people and downsizers. It's well and truly gentrified, so you've got older homes that have been nicely renovated and new homes like this one, and we've had some big Maryville sales in Estell Street, McMichael Street, Northumberland Street, so the precedence has been set as well.
"There's enough comparable sales there now whereas once upon a time, when you were trying to chase the bigger dollars, buyers were asking what other sales can you show me that can justify that price.
"We've had a few record sales and there's been a few in McMichael Street which have been in that $1.25 million to $1.35 million as well and this, in my opinion, is one of the best homes in Maryville, the way it's been finished off and just the attention to detail."
According to Australian Property Monitors data, Maryville's median house sale price rose in a five-year period from $580,000 in 2015 to $762,500 last year. Of 28 sales in 2019, six were over the $1 million mark, including the suburb record $1.6 million. In 2015, the million-dollar mark was broken for the first time.
The unique home has bespoke joinery, clerestory windows and louvres, a split-level layout, timber features throughout and garage access from Downie Street. It is open Saturday at midday.
Another new listing in Maryville that has undergone a "cutting-edge" renovation will be open for the first time today.
Belle Property Charlestown's Joshua Lloyd is marketing the four-bedroom, two-bathroom house at 45 McMichael Street. A price guide has not been set but new and transformed homes in the street have fetched strong prices in recent years.
It has been designed over two levels to integrate with the original character of its streetscape.
On ground level are two bedrooms, the main bathroom on ground floor, an open plan kitchen/living space that extends to a private deck plus a separate lounge. Two further bedrooms are upstairs, including the master suite. It is open at 10am on Saturday and set for a June 27 auction.
