Austerity era home hits the market for first time in half a century

first_imgTODAY: Rensburg St, Brighton and surrounds including the Deagon Deviation. Source: Google MapsThe 1940s to 1960s saw a host of austerity homes built across Brisbane whose features included a low pitched tile roof, chamfer clad walls and casement windows. Even into the 1970s blocks were being bought for around $21,000 in the area, which doubled in price into the 1980s.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours agoVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:15Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:15 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhat not to say to an agent01:15Now a whole new generation of buyers is finding solace in austerity era houses, with the median sale price for houses in Brighton at $502,000 in the past 12 months, during which 182 houses have been sold.Homeowners in Brighton have tended to hold on to their properties for 11.3 years, which is longer than the Brisbane average hold period for houses (10.7 years).PAST: Hills hoist and acres of grazing land off the backyard: 11 Rensburg Street, Brighton Qld 4017. Picture: Realestate.com.au TODAY: The owners have their own veggie garden beside a row of palm trees: 11 Rensburg Street, Brighton Qld 4017. Picture: Realestate.com.auMr Harvey said “these are the first owners. They built it 50-odd years ago when there were sheep farms all behind them.”“I bought one 30 seconds around the corner. There is a bit of a generational change in the market, with young first home buyers and families moving in and older ones moving into townhouses and villas in the area. No one really wants to leave here.”The home is priced at offers over $499,000 and is on a 698sq m block that’s “an easy stroll to both the waterfront and Brighton Village”.The home’s downstairs area has been converted into a huge rumpus room/workshop, with the single lock up garage having an electric door.11 Rensburg Street, Brighton Qld 4017. Bedrooms 3 Bathrooms 1 Car Spaces 1. Offers Over $499,000. Picture: Realestate.com.au TODAY: The area has become built up with many homes: 11 Rensburg Street, Brighton Qld 4017. Picture: Realestate.com.au 11 Rensburg Street, Brighton Qld 4017. Bedrooms 3 Bathrooms 1 Car Spaces 1. Offers Over $499,000. Picture: Realestate.com.auA POST-WAR austerity style home has hit the market for the first time since it was built 50 years ago amid a major generational shift across the suburbs.The owners of the three bedroom, single bathroom, single garage house at 11 Rensburg Street, Brighton, built the property when the area was still surrounded by farms and paddocks.And they have the pictures to prove it, with their listings showing black and white photos of their street with just a few houses.Behind their property – an area now covered with houses leading towards the Deagon Deviation – was once acres of farmland which, according to real estate agent Jack Harvey of Coronis – Bracken Ridge, was used to graze sheep.PAST: The view from the front door: 11 Rensburg Street, Brighton Qld 4017. Picture: Realestate.com.au 11 Rensburg Street, Brighton Qld 4017. Bedrooms 3 Bathrooms 1 Car Spaces 1. Offers Over $499,000. Picture: Realestate.com.aulast_img