Grand View in Mount Macedon another property offering to accept Bitcoin payment

Grand View in Mount Macedon another property offering to accept Bitcoin payment
Grand View in Mount Macedon another property offering to accept Bitcoin payment

Grand View in Mount Macedon is being marketed as the first property in Victoria ready to accept 100 percent Bitcoin as payment by Unique Estates agent Dominic Romeo.

Unique Estates have yet to respond as to whether Bitcoin can be used for a deposit. Grandview is up for $2.5 million, which is around 208 Bitcoin.

Their current valuation is around $12,000 per Bitcoin.

The six bedroom home spanning 480 sqm sits high on Mount Macedon in nearly four acres of historic gardens.

It has been listed by Paul Hosking, an online publisher of technology research Paul Hosking.

 

Grand View in Mount Macedon another property offering to accept Bitcoin payment

The seller of the home approached Unique Estates with the idea. “The kids are getting bigger and we won't be needing all this room let's sell Grand View for Bitcoin.”

Unique Estate's Dominic Romeo said that when he first heard the proposal to sell for Bitcoin I saw it as a great opportunity to try something new.

"A good agent is always ready to listen to a vendor and negotiate the right terms," said Romeo.

When being explained Bitcoin, Romeo said the owner put him through a crash course and "he even sent me $10 in Bitcoin."

The property is of course also for sale with 'real money'.

Property listings accepting the virtual currency have been popular in the last week.

At the start of the week the vendor for a home in The Basin in Victoria was accepting a part Bitcoin payment.

The vendor of Wooroonooran Falls, a Far North Queensland home, is prepared to accept a full Bitcoin payment for the $1.2 million property. 

Bitcoin was invented in 2009 and has risen over 1000 percent in the last 12 months.

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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