Money news | Economic, Stock markets and Personal finances

New farm home last sold in the 1950s with celebrity status




Celebrity status was involved the last time this New Farm gem changed hands more than sixty years ago.

Bought by the current owners grandparents in the 1950s, for around two and a half thousand pounds, this prime location property was previously owned by John McCallum senior, father of Australian movie actor John McCallum Junior and his actress wife Googie Withers of Alfred Hitchcock film fame.

The homes current joint owner, Rick Nowicki said he had fond memories of the house he grew up in, especially being in the perfect location straight across from New Farm Park.

Our house is on a massive block so you could play there until your heart was content, but the fact that the park was across the road meant I spent a lot of time in the park and fishing in the river, Mr Nowicki said.

And when the Brisbane Powerhouse was decommissioned in the early 1970s we used to play and fish there.

New Farm was very much a working class suburb with the powerhouse, the sugar refinery, the plaster mill and the woolstore area.

Plus I got to be in the navy reserves because the HMAS Moreton base was there at the end of Merthyr Road.

The home at 965 Brunswick Street, New Farm still has all of its 1900s quirks and vintage charm.

Place New Farm listing agent Hayley Jane said the home was still in its original condition sitting in the perfect location straight across from New Farm Park.

This property is an amazing opportunity having only been owned by two families, Ms Jane said.

It sits on one of the last 749sqm blocks in New Farm with its original home and the location right across from the park is a massive selling point.

Ms Jane said there had been some good strong interest in the property at the open homes as well as online with over 10,000 online views.

Built in the early 1900s, the home has a street frontage spanning 13 metres, with off-street parking and an expansive level backyard.

With original pressed metal ceilings, this three bedroom one bathroom renovation beauty, offers inner city lifestyle with outer suburb space.

Its just minutes to walk to the Brisbane river or Methyr Village with its array of cafes, bars and restaurants or the famous Brunswick Street and James Street shopping and entertainment precincts.

Stick your neck out to help others with a gift in your will




NEARLY one-third of Australians hope to leave a gift to charity in their will but only 7.5 per cent follow through with it, research has found.

Include a Charity a consortium of more than 100 charities also found that while 87 per cent of Aussies support a charity during their lifetime, many think that leaving a bequest in a will is only something rich people do.

This is not true, it says, because any donation is helpful and the median gift left in a will is about $7000.

Its often because we dont want to think about death, and we put it off, says Include A Charity campaign director Karen Armstrong.

She says 92 per cent of over-65s have a valid will, and despite an estimated $700 million being left to charities each year, Australia lags countries such as the US and Britain in terms of the proportion of people who give in this way.

Britains proportion jumped from 9 per cent to 17 per cent in nine years because its government encouraged the legal fraternity to promote bequests, its system of death duties creates a tax incentive to give, and it has been ahead of Australia in social change, Armstrong says.

She urges Australians to speak with their charities and try to follow through with their intent to give.

Our strongest message is to talk to your solicitor. Its often not standard practice for a solicitor to ask the charity question. If that question was asked, we would see a tripling of the number of gifts.

Its really important that people talk to their loved ones about their intentions, because we have seen that families who havent been consulted might contest it.

Give clarity to all those important people loved ones, solicitors and the charities.

Gifts left in wills are a significant contributor to income for the Taronga Foundation, which has received $18.8 million in bequests over the past 16 years.

Taronga Foundation bequest officer Diane Van de Merwe says bequests are definitely important to us.

Taronga is a not for profit so we do rely heavily on donations to continue the work we do, she says.

Its a major part of the income for the foundation and helps with funding for the conservation work we do. People tell us that they have left a gift in their will but we never know the amount (until they pass away).

I think people are getting more aware of the option of leaving a gift in their will. Its slowly becoming a topic thats spoken about more, and people are considering it.

Makinson dApice Lawyers partner Paul Evans says until recently many solicitors did not ask their clients about leaving charitable bequests.

Many clients are open to the idea ... Solicitors raising the issue of bequests at the time of drafting a will could generate millions of dollars of support for Australian charities, he says.

Armstrong says there are now 3000 solicitors in Australia stocking Include a Charity brochures.

Seventeen countries including Australia celebrated leave a legacy campaigns last week.