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Why Buyer Interest is Higher in Historical Properties

Thursday January 25, 2018 ● By Rachel Avery // Place Newmarket

 

Author // Rachel Avery for Place Newmarket

Scattered amongst Brisbane’s northern suburbs are a variety of historical properties, built before the turn of the century.

 32 Marne Street, Alderley.  Photo Credit: Kurt Bryant  32 Marne Street, Alderley. Photo Credit: Kurt Bryant

These gorgeous homes are filled to the brim with character, charm and craftsmanship you just don’t see these days.

Danny Cody, from Place Newmarket, has currently listed ‘Blaenavon’ at 32 Marne Street, Alderley.

Built circa 1918, this home has had five owners in its 150-year history from when the land was originally parcelled in 1864. It’s back on the market again for the first time in 12 years.

The first weekend of open homes had over 60 groups through, proving buyer interest is high in these historical beauties.

We spoke with Danny about why buyer interest is usually stronger in the historical properties.

Q. Why is there larger interest in historical properties?

There’s a lot of nostalgia and appreciation for old Queenslanders, which I think people love.

 32 Marne Street, Alderley.  Photo Credit: Kurt Bryant  32 Marne Street, Alderley. Photo Credit: Kurt Bryant

They get swept up in the charm and character of the properties.

Some decide to renovate with the modern amenities they need, while still maintaining the beautiful street presence of the Queenslander.

Another appeal of historical homes is in most cases the home sits on a larger parcel of land.

This allows families to extend the homes while keeping the established gardens for privacy and shade.

Q. Are there a lot of historical properties in Alderley?

Alderley has rich history dating back to when the Raymont family had a wine vineyard in the late 1800s.

The most famous of the named homes in Alderley is Farrington House, a heritage-listed timber house that stands on a hilltop in Alderley.

It has been a landmark for a long time as the house was constructed for a wealthy biscuit manufacturer, Frederick Walter Wilson, in 1882.

 32 Marne Street, Alderley.  Photo Credit: Kurt Bryant  32 Marne Street, Alderley. Photo Credit: Kurt Bryant

Driving through the suburb, you can spot the rich history in many of the homes.

For those wanting a taste of history, Alderley has strong buyer appeal for those looking outside of the traditional Ashgrove and Paddington markets.