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Exuding all the elegance of a prewar queenslander this residence built about 1910 still has plenty of character

122 Maleny Kenilworth Rd, Maleny

EXUDING all the elegance of a pre-war Queenslander, this residence, built about 1910, offers contemporary living without compromising its character.

Moved to the site from Gympie in 1992, the homestead on 2092sq m has been renovated and extended over the years and includes six bedrooms, three bathrooms, a studio, an office and an upper northeast-facing wraparound timber balcony with views over parkland.

Four bedrooms, the studio, office, two bathrooms, a formal lounge, sitting room, dining area and laundry are on the upper level, along with a white mosaic Caesarstone kitchen with a butlers pantry. Underneath the house is a granny flat with two bedrooms, a bathroom, kitchen, living area, laundry and separate entry. There is also an adjoining storeroom, workshop and covered parking for four cars.

Tradition is retained throughout the residence with a mix of time-honoured features including wide pine timber floorboards, VJ walls, high ceilings, ornate fretwork, a claw foot bath, antique ceramic pedestal basins, french doors and many of the homes original windows.

All upper bedrooms open to the balcony, while the studio has a private deck. Modern appeal comes into play with comforts including ducted reverse cycle airconditioning, while the main bedroom boasts an ensuite and a walk-in wardrobe and the kitchen has European appliances, a gas cooktop, Miele coffee machine and cerise glass splashback.

Externally, the house has a charming presence with its circular driveway and surrounding established gardens including vegetable patches. Other features include ceiling fans and two concrete water tanks with 66,000L capacity in total.

Agent Melinda Martin described the homestead as a supersized residence that catered for a variety of needs, with a floorplan that facilitated excellent separation of living.

With formal and informal areas, alfresco entertaining and the dual living set-up, there is a lot of home here, Ms Martin said.

Located a short drive into Maleny town and its full suite of amenities, this is the type and style of home so often sought after, yet rarely available. HM

Inspections: November 19, 11-11.45am; Sunday, 10-10.30am

Auction: On site, November 20, 10.30am

Agent: Melinda Martin, Ray White Maleny

How to make the great australian dream happen

MANY aspiring homeowners believe their chance of owning their own slice or property is becoming further out of reach because they simply can’t afford it.

Despite interest rates remaining at record-low levels, new Galaxy research commissioned by debt solutions company Fox Symes shows many Aussies are disheartened about being able to make the great Australian dream come true.

SHOPPERS are missing out on credit card rewards

House prices across the country have continued to soar CoreLogic figures show dwelling values have risen by 7 per cent across all capital cities in the 12 months until August.

The research found one in three respondents say owning their own home is out of reach and for younger property hopefuls (18 to 34) two in three feel disheartened about ever being able to have a home in their own name.

Fox Symes director Deborah Southon says the findings highlight the reality aspiring homeowners face and their battle to get their foot on the property ladder.

No wonder young people are fretting, many have been priced out of the market, she says. It is a struggle to come up with a deposit for a home when you have to pay high rental costs, particularly in major cities.

Many are paying well over the recommended 30 per cent of their wage on housing costs whether they own a place or not.

The data shows those earning less than $100,000 a year face the biggest challenge two in five felt they had no option other than to keep renting.

But 1300homeloans director John Kolenda says hopeful buyers shouldnt give up as there are other ways to crack into the market without having to go it alone.

We are seeing parents helping with assistance with a deposit or going guarantors on a property for their children by providing their home as equity for a loan, he says.

Otherwise some people go into a co-purchase with their children, but its important to be realistic, there are some affordable suburbs if you look at alternative suburbs and markets.

He suggests borrowers have at least a 10 per cent deposit, but ultimately a 20 per cent deposit is ideal to avoid being stung with lenders mortgage insurance.