IT’s official – Palm Springs is the Gold Coast’s new Hamptons.
A home adapted in beauteous Palm Springs appearance has awash for bifold the amount paid a little over a year ago, cementing Californian desert-inspired architectonics as this year’s hottest acreage trend.
Budding abode flippers Taylor Davies and Gibson Cleal awash the four-bedroom Mermaid Waters home for $1.45m in January afterwards aloof seven canicule on the market.
Aussie expats drive Coast’s abutting acreage boom
Gold Coast association attempt to acquisition a home as rental vacancies dry up
Main Bank accommodation endemic by Australia’s richest for sale
They had bought the abode at 9 Sequana Avenue 14 months above-mentioned for $720,000, adventure a abrupt but arresting transformation axial and out aggressive by the awakening architectonics and resort-style architectonics of the US’s acclaimed Coachella Valley.
Marketing abettor Joel Madam, of Harcourts Coastal, said the home was awash sight-unseen to an artery ancestors amidst abundant aboriginal interest, including added than 90 inspections and nine offers afore the aboriginal accessible home inspection.
“The presentation of a home is the better access in how it will be accustomed by the buyer, but there are a lot of adapted places on the bazaar that don’t necessarily advertise quickly,” Mr Madam said.
“Personally, I anticipate because this was article absolutely altered that absolutely afflicted the quicker auction and the aerial price.
“The Gold Coast is array of dispatch abroad from the Hamptons style, and this was a little bit of Palm Springs in a cool clandestine cul-de-sac location, with that accent on indoor-outdoor living,” he said.
Characterized by mid-century architectonics that doesn’t booty itself too seriously, archetypal Palm Springs architectonics resonates with the Gold Coast due to both region’s hot climates
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