‘Boofhead’ Stefanovic’s big real estate win

PHOTO: Karl Stefanovic and his wife Jasmine

He’s been chided as a ‘boofhead’ by his Channel Nine stablemates but Karl Stefanovic’s latest real estate win has him laughing all the way to the bank.

The Today show presenter, who has been in the spotlight again as his co-host Allison Langdon moves on to a Current Affair, knows his way around the real estate market if events away from the glare of the TV cameras are any indication.

Last week, while farewelling long-time colleague Tracey Grimshaw, who left the broadcaster after 30 years, Stefanovic and wife Jasmine listed their four-bedroom north shore home for rent.

Hot tub – tick.

In one of her farewell messages, Grimshaw poked fun at Stefanovic as a ‘boofhead’.

His Castlecrag home sat on the market for just five days before it was snapped up for $1850 a week, almost a third more than the $1400 median rent in Castlecrag.

The average time spent on market for rental homes in Castlecrag is 32 days, so Stefanovic has earned a few extra week’s rent, while also claiming a extra $50 a week.

Karl Stefanovic ‘regrets putting his Noosa mansion on the market

With an impressive yield of almost 6 per cent, well above the suburb average of 1.8 per cent.

Stefanovic has owned the home since March last year.

When he paid $3.2m for the four-bed property.

Property records reveal the Stefanovics bought the home for $3.2m in March last year and it was previously rented out at $1800 a week.

“Embraced by the tranquillity of verdant surrounds, this full brick home provides an oasis of natural light, privacy and space for relaxation,” the home’s marketing brief read at the time.

Inside Karl Stefanovic and Jasmine Yarbrough opulent five-bedroom home

“It basks in a north outlook over Castlecrag Northern Escarpment, within walking distance of village shops and cafés.”

It was snapped up after just five days on the market.

The flowing layout of the home provides multiple indoor/outdoor living zones, there is a central light filled kitchen with gas stove and Miele appliances, a private rear courtyard with water feature adjoining the dining room and a rear native oasis with gazebo, spa and skyline views.