Property guru Andrew Winter reshuffles his SEQ portfolio

Property guru Andrew Winter reshuffles his SEQ portfolio
Property guru Andrew Winter reshuffles his SEQ portfolio

The charmingly blunt property guru Andrew Winter has been busy reshuffling his investment property portfolio.

The longtime host of Selling Houses Australia, who also presents the Love It Or List It Australia series, has bought two southeast Queensland properties while selling another.

His building block on Brisbane’s outskirts has quickly gone under contract. 

The vacant 1100sq m Ipswich market holding (pictured above) that cost $285,000 in late-2016, came with a price guide of $375,000 to $400,000 through Ray White agent Lisa Gill.

The official site value is $197,500 although the parcel has development approval for five, three-bedroom townhouses.

Winter and his wife Caroline have recently bought a $485,000 Paradise Waters, Gold Coast, investment house and a Portside Wharf apartment in Brisbane’s Hamilton that cost $255,000.

Just a year ago the Winters bought a $1.9 million Gold Coast home and, in between a busy filming schedule, they renovated the riverfront Tuscan-inspired five-bedroom house.

It appeared to be a savvy buy for the recent Gold Logie nominee since the Sanctuary Cove home had traded at $1.6 million 13 years ago.

The couple, along with their two daughters, Daisy and Mia, and two dogs, Louis and Scooter, resided just across the road from their renovation project.

The redundant home sold for $1.2 million, having been bought at $975,000 in 2015. It, too, had been bought well as the home had traded at $1,025,000 in 2004.

Winter believes homeowners often face a stay-or-go dilemma. “We’ve all been there,” he suggests.

It was 2006 when he decided to call the Gold Coast home after more than 20 years in real estate in the UK. His job had morphed into presenting one of the most popular television programs across the UK and Europe. His work on the show also offered visits to Australia, which was where Caroline’s parents resided.

Earlier this year Winter was rushed to Gold Coast University Hospital where he was diagnosed with Bell’s palsy, a condition that affects facial nerves and muscle control, from which he has recovered.

This article first appeared in The Sunday Telegraph

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Title Tattle Ipswich

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