{
  "id": 1399098,
  "title": "Hyams Beach home sells for $1.585m after significant price drop | The Area News",
  "url": "https://urgent.news/2026/08/17/hyams-beach-home-sells-for-1-585m-after-significant-price-drop-the",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T01:00:00.000Z",
  "source": {
    "name": "Discovered",
    "slug": "discovered",
    "url": "https://areanews.com.au/story/9325325/hyams-beach-home-sells-for-1585m-after-significant-price-drop"
  },
  "original_language": "en",
  "account": "A one-bedroom home in Hyams Beach, known for its pristine white sand, has been sold for $1.585 million. The property, located at 57 Cyrus Street, was previously listed for up to $2.65 million but saw a significant price reduction due to urgency in finding a new owner. The selling agent, Julie Gauci, noted that the buyer appreciated the renovation and the home's suitability as a weekender. The property, which was originally intended for a complete overhaul, was designed and renovated by Victoria Lillrud, an interior designer and founder of Carteer Property Development and Interior Design. The renovation, which cost over $350,000, included custom joinery, marble detailing, skylights, and luxury materials. Despite its one-bedroom layout, the home features a loft suitable for children or additional guests. The property has also proven popular as a short-term rental, earning between $1,000 and $1,300 per night during peak season, and less in off-peak periods. The heritage-listed home, which only covers the facade, is one of the last remaining examples of early settlement at Hyams Beach.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}