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September 18, 2016
Skyrocketing property prices have encouraged inventive homebuyers to take a new approach to building a home, converting old train carriages into detached houses, granny flats and guesthouses.
Recent sales show the concept is picking up steam.
A Blue Mountains home converted from a 1929 sleeper carriage sold in June for $286,000, while two carriages joined together on an acreage outside Nowra sold in August for over $500,000.
A 16ha estate near Mittagong in the Southern Highlands sold last week for $2.8 million, complete with a 1910-era train carriage set up as a six-bedroom guesthouse.
Carriages already have plumbing and wiring and are structurally sound. Prices for unconverted carriages range from about $5000 to $40,000.
The downside is that they are difficult to move. But train converter Fiona Brown, seller of the Mittagong property, said the charm of train living makes it worth the effort.
Gerrard Smith First National agent Paul Crinis said Ms Brown’s train “attracted a lot of what I’d called dreamers. People like it because it offers something different,” he said.
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