Newmarket & Kalinga Homes Sell for More Than $2.5M

At 52 Emma St, Kalinga, not even the wet weather could keep the crowds at bay.

More than 200 spectators watched on as a bidding war broke out between three competitive buyers.

The opening bid kicked off what was to be an exciting auction at $1,900,000, with the deal being sealed with the raise of the paddle and a final bid of $2,550,000.

Marketing agent Tyson Clarke of Sotheby’s International Realty said this was a sensational result for the increasingly popular suburb.

“I think it’s a really great sign of how much prestige is in Kalinga,” he said.

“The area is just getting so much attention from families wanting premium homes in a great neighbourhood.”

Mr Clarke said demand in the area was higher than ever before.

“Families are coming from left, right and centre to secure at home here,” he said.

“A lot of people are coming out of Ascot, Clayfield and Hamilton.”

“They all want a piece of Kalinga.”

The two level home sits on a 810sq m block in leafy Emma St, and has an in-ground swimming pool, wine cellar, cinema room and five bedrooms.

Mr Clarke said this was the eleventh home the previous owner, a builder by the name of Mark Gordon Construct, had built.

“So many people have asked for the builders name,” he said.

“We got a lot of feedback from buyers saying how impressed they were by its exceptional quality.

“It’s exactly the type of home buyers are looking for right now.

“From the very first day I saw it, I had every confidence we were going to achieve a very good result.”

In Newmarket, around 70 people attended the auction of 20 Davidson St, which sold under the hammer for $2,660,000.

Marketing agent Ian Cuneo of Ray White, Ascot, said buyers were attracted to the homes “exquisite charm and period features” and large land size.

“It’s very unusual to find 2,428sq m of level land in the inner-city,” he said.

The home includes five bedrooms plus an office, library and multiple living areas, which Mr Cuneo describes as being “generous in their stature.”

The homes traditional features include VJ walls, high ceilings, a double-sided fireplace, bay windows, picture rails and a wide hallway.