Most people have at some point dreamed of moving into a beachside house on a subtropical island, putting their feet up in a hammock and living the good life.
But chances are the dream home wasn’t a one-bedroom shipping container, which is said to have fetched more than a million dollars when it went to auction.
However, this is the asking price for a converted container house at Point Lookout. queenslandNorth Stradbroke Island.
Even picture right, paying more than a million dollars for a converted shipping container is a positive given that Australia’s real estate market is on fire and will end any time soon. showing no signs of.
But if you have the money, fancy a casual island lifestyle and don’t mind living in an actual shipping container, it could all be there for you for an estimated sale price of $1.2 million.
A small, but meticulously designed former shipping container (pictured) is set to fetch over a million dollars at auction
The beautiful residence features what real estate agents like to call ‘ample entertainment space’ on a property the size of a kitchen, bedroom, bathroom and a tennis court.
Located 30 km from the state capital Brisbane, it is used as a . as done The Holiday Home is up to date and fully furnished for sale.
And don’t worry about the lack of a bedroom. If you have an additional $1.2 million on shipping containers, you’ll probably have enough cash to expand what you already have.
The house is being sold with council approved plans to add a four bedroom, two bathroom, two lounge room home.
Real estate agent Ray White told Chris Ransley of Stradbroke Island channel nine It’s the perfect property to experience the North Stradbroke Island lifestyle, and it’s attracting potential buyers looking for a change of pace.
“This is a trendy contemporary Stradi Beach shack, without the upkeep,” he said.
‘Shipping container, a little add on. High ceilings, well dressed, completely untouched as you can imagine and all the bells and whistles.’
The small but meticulously designed property Point Lookout is close to downtown and only a five-minute walk from the beach.
‘There is no traffic, no road noise. You feel like you’ve found a place for yourself,” said Mr. Ransley.
Although it is (currently) very small, the home emphasizes the indoor-outdoor lifestyle that South East Queensland embraces with passion.
It is located in the middle of a 350sqm block, much of which is flat, making it a good spot for those with a boat or jetski.
Mr Ransley said many buyers are looking to leave their hometowns for the island with the Covid-19 pandemic looming, meaning work from home is now back to normal.
“A lot of owners are now moving in, setting up Zoom rooms and hitting up the Brisbane office when they need it,” he said.
‘Actually the emphasis is on staying indoors and out, you open’ [the front door] And this space really opens up to the wildlife outside,” Mr. Ransley said.
Point Lookout, the home seen here on North Stradbroke Island, is close to the beach and has perfectly high ceilings
The home emphasizes the indoor-outdoor lifestyle that South-East Queensland embraces with a passion
‘The owners really cared about what they did.’
The latest CoreLogic data shows skyrocketing property prices across the country.
Sydney’s median home value rose 30.4 percent year-on-year in October to $1.334 million.
The price of Canberra’s mid-point house rose 29 percent to $985,040, making it Australia’s second most expensive capital city, overtaking national capital Melbourne.
Melbourne, the capitals of Australia’s east coast, saw the biggest increase, but home prices still rose 19.5 percent to $972,659.
The Small Point Lookout Home (pictured) is being sold with council-approved plans for a much larger expansion
Brisbane’s median home prices rose 24.8 percent to $731,392 as Hobart’s value rose 27.2 percent to $726,955.
Adelaide house prices rose 22.5 percent to $591,558, while Perth prices rose 16.7 percent to $550,044.
CoreLogic’s director of research Tim Lawless said young Australians were sharply turned off by rising prices, with the national annual growth level of 21.6 percent surpassing a modest 1.7 percent increase in wages.
“Housing prices are rising in the ratio of about 12:1 to wages,” he said.
‘This is one reason why first home buyers are becoming an increasingly small component of housing demand.’
An aerial view of beautiful North Stadbroke Island, where a converted shipping container is expected to fetch more than a million dollars