Peter Fudge gardens in Lindfield sale

September 8, 2015, 4:58 am

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Craig van der Laan, the chief of Barangaroo Delivery Authority, and his wife Liesl have had another big weekend. Their Lindfield home sold at McConnell Bourn auction last weekend.

The couple bought the five bedroom 1905 Federation residence in 2004 for $3 million. The home sits in extraordinary Peter Fudge French parterre gardens on its 1400 square metre Middle Harbour Road block.

They wanted more than $4.3 million when failed to sell at April auction and accepted $4,225,000 when knocked down by auctioneer Vic Larusso at weekend auction. There appeared to be the three interested parties, two locals and one Chinese couple who didn't get to bid. 

Craig van der Laan, who was a long time member of the global executive leadership team of the Brambles Group, oversaw last month's opening of the headland park at Barangaroo Reserve.

The median house price for Lindfield is $1,930,00, according to CoreLogic RP Data.

This article first appeared in the Sunday Telegraph.

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Edward Jewell Tait buys in Rose Bay after Robertson sale

September 8, 2015, 5:49 am

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The Credit Suisse head of private banking Edward Jewell-Tait and his wife, Jo have bought in Rose Bay, having secured the surprise off-market sale of their intended tree change Robertson farm.

Their $6.85 million Rose Bay acquisition was from David Baldwin, the chief executive of Integrated Gas at Origin Energy, and his wife, Johanna.

With its leafy panorama over Sydney Harbour, the Baldwins had renovated the two level residence designed by 1960s architect Henry Pollack after they paid $4.1 million in 2013. 

The Jewell-Tait's were in the spotlight last month after selling Two Gates Farm to businessman Nick Politis. The 40-hectare property sold for $4.7 million having been bought for $4.55 million eight months earlier in 2014 from the former World Cup winning Wallabies coach Bob Dwyer and his wife, Ruth.  

This article first appeared in the Saturday Daily Telegraph.

Riverfront West End, Brisbane listing

September 9, 2015, 5:39 am

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A riverfront West End, Brisbane home with riverfront pontoon has been listed for sale.

The 11 Avebury Street property has been listed with $2.695 million hopes through Jason Adcock at Adcock Prestige.

With panoramic and private, southerly views across the river to St Lucia, the four bedrooms home sits on 536 square metres.

Orleigh Park is within walking distance. 

 

Edwardian Sandringham home listed

September 9, 2015, 5:42 am

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A 1903's Queen Anne Style Edwardian residence in Sandringham has been listed for sale.

The 37 Tennyson Street property is scheduled for auction on September 12 through Kay & Burton Bayside.

Located 500 metres from Sandringham Beach the two-storey home has been fully restored and extended.

Set on 1070 square metre with a 24.4 metre frontage, the house has a perfectly preserved façade along with bluestone driveway. 

A northern dining terrace sits alongside a glass-framed heated swimming pool. 

The property was last traded in 2003.

The median price for a home in Sandringham is $1,262,000, according to CoreLogic RP Data.

Double block Palm Beach, Gold Coast sold by Sisters of Charity

September 9, 2015, 5:49 am

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A Gold Coast beachfront double block has been sold by a Catholic religious order for the first time in half a century.

The 1A Fourth Ave, Palm Beach was sold by the Congregation of the ­Religious Sisters of Charity of Australia.

The Sisters of Charity have been operating since 1838.

The sale price is undisclosed but understood to be around $3 million.

The five-bedroom cottage was used as a holiday home on an 870sq m block with 22m of beach frontage was sold by McGrath Broadbeach agents John Natoli and James Ledgerwood.

It last was for sale 54 years ago.

Up-market beachfront homes in Palm Beach have fetched as much as $3.3 million this year.

McGrath marketed it has one of only six properties on Palm Beach with double beach frontages.

The median house price for Palm Beach Queenlsand is $600,000, according to CoreLogic RP Data.

Stockbroker Tudor house listings in spring 2015

September 9, 2015, 6:04 am

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Spring listings across the country with a stockbroker tudor feel have caught Property Observer's attention.

Here's a few.

5 Pibrac Avenue, Warrawee NSW 2074

5 Pibrac Ave is a 1930's "Stockbroker Tudor" home designed by renowned architect John Brogan.

The property features five generous bedrooms, three with ensuite, all complimented by a grand cedar staircase and gallery landing.

The landscaped gardens surround the living space and full size tennis court, all situated within the 1800sqm land size.

It is set for a September 19 auction through Chadwick Real Estate Turramurra.

136 River Avenue, Plenty Vic 3090

Only available for private sale only through Ray White Manningham, 135 River Avenue is set on approximately 7631sqm amongst landscaped gardens and a sweeping circular driveway.

The Tudor-style family mansion houses six bedrooms and three bathrooms with an exterior that blends country themes with old world aesthetics.

18-20 Deauville Street Beaumaris Vic 3193

Originally built in 1930, the Tudor revival clinker brick residence rests in the coveted Deauville Estate.

The lower level comprises a formal study and library/family room while the upstairs holds four spacious bedrooms.

The mod grass north-south tennis court is flood lit.

The Tudor inspired estate goes to auction on September 12 through Stephen Tickell at Hocking Stuart.

1 Cheyne Walk Applecross WA 6153

With a $3.5 million asking price, this grand estate of 1506m2 has three separate titles with the enormous residence retained on one title and the remainder of the land held on two other separate titles.

Located in a cul-de-sac one street from the Applecross river, each of the 3 lots have their own wide street frontage. 

The home, which comes at no additional cost to this land value property is a Tudor style manor that captures the likeness of English gentry living.

The offering is available through Arian Gorjy agent Yaran Property Group.

 

68 Peoples Avenue Gooseberry Hill WA 6076

Aimed at larger families, the Tudor home located in the Perth hills was originally built in 1977.

An extension was completed in 2010 by Guildford Building Company that enhances the hallmark Tudor character throughout the dual wing estate.

Current owners have an asking price of around $1 million.

The previous sale for the house was in 2007, having sold for $845,000.

Ben Ciocca at Provincial Real State Kalamunda has the listing.

 

5 Brookside Road Springfield SA 5062

Designed by architect Gavin Lawson for Dr. Percy Raymond Begg, the classic Tudor residence has been afforded every contemporary lifestyle enhancement, whilst retaining all the integrity and inherent charm of a bygone era.

A perfect example of preserved history, the property has a $4.6 million to $4.9 million asking price through Bernard H Booth Property agent Jamie Brown.

 

Camberwell Queen Anne style auction offering

September 10, 2015, 5:13 am

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The Queen Anne style 8 Brinsley Road Camberwell auction listing has $3.1 million plus hopes.

It is scheduled for October 8 auction through Marshall White.

The five-bedroom home was built in about 1888 with period features including fireplaces. 

The buyers are likely to renovate. 

Malcolm Webster lists Richmond premises

September 10, 2015, 5:19 am

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Fashion entrepreneur Malcolm Webster, who owns and is the executive chairman of the David Lawrence fashion empire, is selling a three level Richmond corner building.

The double-fronted property, part of a larger terrace, is on the south-west intersection of Bridge Road and Lennox Street.

Colliers International's Jeremy Gruzewski and Ted Dwyer are marketing 132 Bridge Road.

It is owner occupied by the fashion group.

It also derives an income from a billboard attached to the property's Lennox Street facade.

David Lawrence controls fashion brands including Jigsaw, which Webster introduced to Australia in 1991 and Marcs, which was acquired in 2006 from the Oroton Group. 

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Northbridge suspension bridge engineer's Pymble home listed

September 10, 2015, 5:22 am

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The lendlease executive - and novelist - Greg Flynn and wife, Wendy have scheduled their stockbroker Tudor-style Pymble home for September 19 auction. It was built for the 1930s Northbridge suspension bridge engineer, William K Bate.

The 27 Beechworth Road, Pymble property was designed in the early 1930s for Bate by the architect William Richardson with an office and library so that he could work at the house close to the worksite.

Chadwick Real Estate listing agent Sophie Musgrave says 27 Beechworth Road was noted in council records shortly after completion as “a villa and a garage with an improved value £1600”.

The Bates lived at the property until 1980.

Flynn's debut 2005 novel was the historical crime thriller, The Berlin Cross. His touted humorous novel set in Sydney awaits completion.

Stanmore's $3.65 million auction sale

September 10, 2015, 5:30 am

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A five-bedroom, two-bathroom home at 118 Macaulay Road, Stanmore sold for $3.65 million under the hammer last week – about $350,000 above its reserve. 

Belle Property Annandale agents Robert Clarke and Michael Field sold the property, Lynwood.

It is set on a 680sqm parcel, available for the first time in 30 years.

The tightly-held 1897 home boasts only three previous owners.

Cherie Barber secures her Leichhardt residential record

September 13, 2015, 4:59 am

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It took a week of negotiations but celebrity renovator Cherie Barber has secured her desired record Leichhardt residential price.

Her renovated and extended cottage was passed in on a vendor bid of $3.05 million at early September auction - and sold seven days later at $3.06 million late Saturday night.

The Cobden Hayson agency sale bettered the inner west suburb record by $10,000.

Cherie Barber, the founder of the workshop Renovating for Profit, and dubbed as Australia's renovation queen, paid $950,000 in 2008 for the unliveable, double-fronted 1890s house at 93 Hill Street.

She then converted it into a five-bedroom showpiece family home with partner Stephen Tolle with its Victorian grandeur fused with industrial warehouse style.

Her renovation project would have reportedly secured a $1 million profit if she'd got her overly ambitious $3.2 million hopes for the sizeable 411 square metre property completed with meticulous attention to detail.

The star of Channel Ten’s show, The Living Room had flown back for the auction from filming her Five Day Flip renovation series for US television in Minnesota.

She had knocked back a pre-auction offer of $3,050,000. 

Sydney’s preliminary auction clearance rate was 75% this weekend, the 10th week in a row where Sydney has recorded a result below 80%, according to CoreLogic RP Data.

Sydney’s previous clearance rate was 77%, while one year ago around 78% of homes taken to auction were successfully sold under the hammer.

Early spring volumes are higher at 1,046 listings, up from 1,023 the previous week. One year ago 743 Sydney homes were taken to auction over the week.

The Northern Beaches sub-region had the strongest performance with 84% of the 45 reported results selling over the past week.

Cobden Hayson selling agent Ben Southwell said his Leichhardt price had been expected as it one of the largest homes in the suburb. 

A former Victorian fire station in Leichhardt on a 662 sqm had held the suburb record since sold for $3.05 million in 2014.

The four-bedroom house at 27 Marlborough St was a circa-1890 Victorian fire station that was used as an army drill hall during World War I. It was later converted into a residential home by an owner who had a business importing French furniture with enchanting parterre gardens designed by Annie Wilkes.

It also achieved the highest price for Leichhardt when it last sold for $2.45 million in 2007.

The median house price of Leichhardt is at a record $1,180,000, according to CoreLogic RP Data.

Cobbitty's Amanpuri sells at $5.45 million

September 13, 2015, 5:11 am

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Amanpuri, one of the great estates in the west of Sydney, was sold for $5.45 million at weekend auction. Last sold for $5.6 million to the Bartolo family in 2013, the nine bedroom home sits on three hectares at 269 Cobbitty Rd, Cobbitty.

It was initially sold at $4.5 million in 2008 after built as the family home of Fincorp property investment and development group chairman, Eric Krecichwost and his wife, Tiffany.

It was in 2004 when Castle Hill-based Chateau Homes was commissioned to build the $1.8 million palatial residence by Krecichwost who had previously lived around the nearby Camden area for several years making a living selling vacuum cleaners.

Agent Dean Boskovic from BOS Realty Carnes Hill marketed 269 Cobbitty Rd as “an absolute masterpiece,” that was sure to fetch more than $5 million under the hammer — more than seven times the suburb’s median house price.

This article first appeared in the Sunday Telegraph.

APM's Sydney auction results for September 12

September 13, 2015, 5:33 am

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Australian Property Monitors (APM) has released a list of auction results in Sydney for the Saturday September 12. Click here for the auction results, and click on each street address to see the property's marketing.

Preliminary NSW auction clearance rate of 75%: Realestate.com.au

September 13, 2015, 5:50 am

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New South Wales auction results for week ending Sunday 13 September show a preliminary clearance rate of 75% from 1046 scheduled auctions.

According to data from realestate.com.au, 452 were sold at auction within NSW, 149 passed in and 141 sold prior to auction.

 

One standout property in the Sydney suburb of Ashfield - a two level four bedroom home at 45 Ormond Street which sold for $1,730,000.

 

Click here to see the full state breakout.

Combined capital city preliminary auction clearance rate of 72.1%: CoreLogic RP Data

September 13, 2015, 5:57 am

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CoreLogic RP Data has reported a combined capital city preliminary auction clearance rate of 72.1% for the week ending 13 September from a total of 2,615 auctions.

The weekend market indicator summary from CoreLogic RP Data found clearance rates are down from this time last year when a 72.3% clearance rate was recorded from 2,080 auctions. 

 

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Sydney's preliminary auction clearance rate at 75.1%: CoreLogic RP Data

September 13, 2015, 9:01 am

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Sydney held a preliminary auction clearance rate at 75.1% for the week ending September 13, according to CoreLogic RP Data's Property Market Indicator Summary, which found it the tenth week in a row with a rate below 80%.

The inner south west region had a preliminary clearance rate of 68.6% from 142 total auctions. and the northern beaches 84.4% from 63 auctions. 

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Melbourne records preliminary auction clearance rate of 73.7%: CoreLogic RP Data Melbourne

September 13, 2015, 9:21 am

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Melbourne has a preliminary auction clearance rate of 73.7% for the week ending 13 September from 1,181 auctions, according to CoreLogic RP Data's Property Market Indicator Summary.

This time last year 1,018 properties were auctioned to record a clearance rate of 73.4%.

The inner Melbourne region recorded a preliminary auction clearance rate of 71.2% from a total of 248 auctions. The north east region had a preliminary clearance rate of 80.6% from a total of 147 auctions. 

 

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Brisbane's preliminary clearance rate up: CoreLogic RP Data

September 13, 2015, 9:34 am

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Brisbane's preliminary clearance rate for the week ending 13 September is 54.9%, an increase from last week's 42.9%, according to CoreLogic RP Data.

CoreLogic RP Data recoded 178 auctions in Brisbane, up from 130 last week.

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Adelaide's weekly preliminary clearance rate falls: CoreLogic RP Data

September 13, 2015, 9:45 am

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Adelaide had a preliminary clearance rate of 62.0% from a total of 88 scheduled auctions for the week ending 13 September, according to CoreLogic RP Data.

Last week Adelaide’s clearance rate was 69.5% and 64.3% in the same period last year.

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$9.98 million Toorak sale leads CoreLogic RP Data top ten list

September 13, 2015, 11:56 am

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The top sale of the week was a five bedroom, five bathroom freestanding home in Toorak, according to CoreLogic RP Data.

140 Kooyong Road, Toorak, Vic (above) sold by private treaty for $9,980,000.

Proudly positioned on 1190sqm, the home was designed by the architectural firm Workroom Design and crafted by AGUSHI Builders in gardens designed by Jack Merlo.

The use of Off-form Concrete as a finished material is offset by a luxe pallet of Smoked European Oak joinery and travertine flooring, Italian stone bench tops and architectural fixtures giving the house a prestige unsurpassed. The home was marketed as utilising the the best in technology in heating and cooling (Hydronic and reverse cycle), hot water, home automation (CBUS), Audio visual technology, security, solar panelling and double glazing thereby achieving a 9 star energy rating to minimise ongoing energy costs.

 

Top Ten

140 Kooyong Road, Toorak, Vic 5 bed, 5 bath, 4 car house $9,980,000 Castran Gilbert Aust Pty Ltd 

88 Elizabeth Bay Road, Elizabeth Bay, NSW 4 bed, 3 bath, 3 car house $7,400,000 McGrath Estate Agents 

2 Alton Street, Woollahra, NSW 3 bed, 2 bath, 2 car house $6,600,000 BradfieldCleary Double Bay 

269 Cobbitty Road, Cobbitty, NSW 9 bed, 8 bath, 6 car house $5,450,000 Bos Realty Carnes Hill 

5 Private Road, Northwood, NSW 5 bed, 4 bath, 3 car house $5,380,000 McGrath Estate Agents 

33 Finch Street, Malvern East, Vic 4 bed, 3 bath, 4 car house $5,230,000 Jellis Craig Armadale 

12 Arthur Street, Bellevue Hill, NSW 5 bed, 4 bath, 2 car house $5,150,000 BradfieldCleary Double Bay 

27 Dorking Road, Cabarita, NSW 4 bed, 2 bath, 3 car house $4,661,000 Raine & Horne Concord 

30 Campbell Street, Kew, Vic 4 bed, 4 bath, 6 car house $4,210,000 Marshall White Hawthorn 

65/299 Forbes Street, Darlinghurst, NSW 3 bed, 2 bath, 2 car unit $4,020,000 BresicWhitney Darlinghurst  

 

Source: CoreLogic RP Data