Hi, not sure how the full length of your wall jutting out looks. But I think a mirror covering that entire part of the wall and then a fantastic piece of artwork on the wall above your small table would look great and open the space up a lot. Depending on the size of the artwork you could even do without the table. Imagine the gorgeous impact that would make.

What a beautiful home you have... sweet details on that door.. I feel the rug is too dark. It looks like a Persian rug? Maybe use it in a brighter space in the home and invest in a lighter one for the entrance. You could also consider some interesting white or lighter coloured ceramics for the sideboard to break up the dark tones already there... Will love to see what you end up doing

If this is to be your forever home, I would suggest to convert the bedroom 4, with the existing ensuite and shed, into a master suite. If your boys are 6 and 8 years old, they will soon be 13 and 15 and you won’t want to share a bathroom with them, and you would not want them to access your bedroom unannounced through the bathroom! Totally renovate the bathroom into what you require for the boys and guests. Totally renovate the bed 4, ensuite and shed into your master suite. Look to the future use, as it will be here before you know it. Don’t renovate for what you need now renovate for what is needed in the future, as in this build environment it may take longer to be completed than anticipated.

I think the mirror is lovely, yes moving the console could work, or a bench seat, artwork and a lamp would certainly give a soft look to the corner.