A Point Piper mansion along Sydney’s Billionaire’s Row was the most expensive property to change hands in Australia during July, with New South Wales properties dominating four of the top five sales in the country.
The $39.5 million harbourside residence at 29A Wentworth Street – which neighbours onto Atlassian founder Scott Farquhar’s $130m Uig Lodge – was the most expensive sale on realestate.com.au during the month of July.
29A Wentworth St is a direct neighbour to historic Uig Lodge, owned by Atlassian founder Scott Farquhar. Picture: realestate.com.au/sold
While NSW dominated the list, eye-watering sale prices were achieved across the country, including a timeless Canberra cottage, Tassie’s iconic glass house, a piece of SA’s history, and a beachside Brighton mansion.
1. Billionaire’s Row with famous neighbour
Taking out the top sale of the month was this sprawling Point Piper abode, which spans 591sqm of living space and boasts panoramic views of the Sydney Harbour Bridge, the Opera House and the city skyline throughout.
At $39.5m, the Point Piper home was the highest sale price in July. Picture: realestate.com.au/sold
Sales agent Jad Khattar from Black Diamondz Property Concierge Sydney said the home generated a flurry of buyer interest and was snapped up in just 10 weeks.
An enviable location, with its elevated position, in addition to a new kitchen and new bathroom, as well as all new electrical works were among the home’s strong allure, he said.
The three-storey home has gun-barrel views of Sydney’s Harbour Bridge and Opera House. Picture: Black Diamondz
Described in its listing as a “perfect family haven” the home’s long list of luxe features includes five bedrooms with ensuites, an upper level terrace with a bar, kitchenette and a new gym.
2. Grandeur in the Southern Highlands, NSW
The second highest sale for July was $26 million paid for a Southern Highlands NSW lifestyle property, known as Linden Hall.
Located at 166 McEvilly Road, Robertson, the picturesque property sits on an 80ha landholding that encompasses five paddocks, dams and established gardens.
Sold for $26 million, this NSW Southern Highlands estate was the second most expensive sale in July. Picture: realestate.com.au/sold
The home itself features a study and library, a conservatory, five bedrooms, a dining room with a fireplace, a 4200 bottle stone cellar, and there is also a guest house and a pool house.
3. Ocean views abound
Taking out third place for the most expensive sale in July was 28 Wolseley Road, South Coogee, selling for a confidential sum.
However, the sale of the Mediterranean inspired four bedroom, four bathroom home did break a street record, sales agent James Ball from Sydney Sotheby’s International Realty – Double Bay told realestate.com.au.
The South Coogee home set a street record. Picture: realestate.com.au/sold
Described in its listing as a “newly built masterpiece,” the home spans four levels, and its highlights include ocean views, a showroom style three car garage and lift access.
4. Noosa Heads marvel
Any concerns about a potential crocodile lurking in the Noosa river have not impacted the area’s waterfront property market.
Three bidders vied for this luxury waterfront Noosa Heads home at auction, with the home selling under the hammer well over its reserve price for $16,950,000.
Waterfront properties fetched big sums in July, with this Noosa Heads property selling for $16.95m. Picture: realestate.com.au/sold
“It was in line with other sales along that street – there has been a number of sales between $15 million and over $20 million in the last two years,” sales agent Tom Offermann from Tom Offermann Real Estate Noosa Heads said.
“The appeal is the north aspect over water and being very close to the action of Hastings Street, about 800 metres walk away.
Reports of a possible croc sighting in Noosa made a big splash in July, but the residential property market seems unfazed. Picture: realestate.com.au/sold
“And it had short term, holiday rental approval, which is quite valuable to a lot of people that buy these properties as second homes or holiday homes or investments.”
Featuring five bedrooms and three bathrooms, 78 Noosa Parade, Noosa Heads, was recently refurbished and features organic materials including aged timbers, Italian limestone, cedar as well as a jetty with a pontoon, and a horizon edge heated pool.
5. Federation charm in Randwick
Rounding out the top five most expensive sales across the country for July is the sale of ‘St Ives,’ a 1906 Federation home in Randwick.
Selling for $13.2 million, 8 Higgs Street, Randwick was marketed as “a magnificent residence on 1105sqm …in an incredible coastal setting”.
The home’s elevated position provides sprawling coastal views. Picture: realestate.com.au/sold
Aptly described as a “breathtaking family residence,” its elevated position afforded ocean views, and its interior boasts a blend of contemporary design and period style.
Its long list of impressive features include indoor-outdoor entertainment areas, a pool cabana and dining terrace, tiered rear gardens, bay windows, fireplaces and a big attic and under-house storage.
Other high sales across Australia
Vic: French Provincial on the beach
In Victoria, 29 Tennyson Street, Brighton, topped the pool for highest sales in the state, selling for an undisclosed sum.
Victoria’s most expensive sale of the month of a French Provincial residence in Brighton. Picture: realestate.com.au/sold
The beachside, French provincial style residence features five bedrooms, five bathrooms with a bespoke design and imported finishes.
South Australia: Landmark Victorian mansion
Described as a “once in a generation opportunity” to purchase one of South Australia’s most “iconic and historically significant estates,” Tower House was established 175 years ago on a sprawling 3356sqm landholding.
The landmark home had an asking price of $11 million.
The Adelaide icon had an asking price of $11m. Picture: realestate.com.au/sold
It was South Australia’s most expensive sale for the month, which sales agent Sally Cameron of Toop + Toop had previously told realestate.com.au that 14 The Common, Beaumont was one of the best locations in Adelaide
Western Australia: Canal living at its finest
Selling for $5 million, 36 Brindabella Crescent, Halls Head was the most expensive sale in Western Australia.
Located in Mandurah, about one hour from Perth, the grand home located in the canals features 1500sqm of living space over three levels with uninterrupted estuary views.
A notable highlight of the residence is its commercial-grade automation system which enables lighting, sound, window treatments and security to be controlled remotely.
Tasmania: Iconic glass house finds a buyer
Selling for in excess of its $3.5 million auction reserve price, 67 and 75 Grooms Hill Road, Koonya was the most expensive house sale in Tasmania.
The iconic property went to auction in July. Picture: realestate.com.au/sold
Designed by acclaimed architects Room11 in Hobart, the landmark 40ha estate ‘TRIPTYCH’ consists of three contemporary buildings across two titles, two of them habitable.
Northern Territory: Immaculate attention to detail
This coastal two-storey residence, at 6 Rankin Street, Nightcliff was the Northern Territory’s most expensive sale, selling for $1,950,000.
Sold for $1.95m, this was the NT’s most expensive sale of the month. Picture: realestate.com.au/sold
Highlights of the home include a big open-plan living area, a pool, spa and pool deck, rooftop entertaining and a triple garage.
ACT: Canberra cottage charm
Described as a “dress circle residence” this single level cottage sitting on a big 2016sqm landholding was the ACT’s most expensive sale at $4,270,000.
The sprawling 2016sqm block sits on the prestigious National Circuit. Picture: realestate.com.au/sold
Located at 72 National Circuit, Deakin, the five bedroom home is situated opposite the Prime Ministers Park and its features include a climate controlled wine cellar, a pool, an updated kitchen and three bathrooms.