IT IS not uncommon now for period homes in Central to be sold above the million-dollar mark.
Huntley Cottage, located on 62 Gurwood Street, is bound to be setting a record in recent years with an asking price of $1,790,000.
The last time a residential property in Central sold for a figure that was close to Huntley's asking price was in May, 2018, for $1.4 million in Thorne Street.
RE/MAX Elite real estate agent Nicole Kemp said a few factors are contributing to the cottage's higher-end price bracket.
"It's on a larger block and so its land size [of 2428 square metres] and its extensive renovations is why it's high," Ms Kemp said.
"It'll suit a very selected buyer, such as people coming off larger areas of land are likely to be interested given how large and private the block is.
"There's been a few inquiries, but given its price range isn't not going to be one of the most popular."
The five-bedroom, four-bathroom, residence was listed about three weeks ago and features the main dwelling, a granny flat, shed and in-ground pool.
The home has been renovated throughout, while its heritage has been retained, with high ceilings, timber floors, formal dining room and open fireplaces.
"There's a lot of people looking to get into Central and beautifully renovated homes have done quite well on the market," Ms Kemp said.
"Everything in Central is within close proximity; it's a very desired suburb to live in, especially [for] retirees [who] love selling up in the suburbs and retired farmers are coming off the land for that ease of lifestyle."
Other notable sales in Central have included "Lumeah", located on 40 Trail Street, which sold for $1.15 million in August, a property at 89 Johnston Street for $1.2 million in March and another on 50 Fox Street, which sold close to $1.4 million in January.
Ms Kemp said Central is likely to continue witnessing sales above $1 million.
"People will continue to purchase homes in Central and extensive renovation will only push the prices up," she said.