Prestige Property: 325 Woolooware Road, Burraneer, NSW
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Prestige Property: 325 Woolooware Road, Burraneer, NSW

Step Inside Nautilus, an expansive residence claimed to be ‘Australia’s finest home’.

By Terry Christodoulou
Fri, Jul 16, 2021 2:03pmGrey Clock 2 min

Introducing Nautilus, the pinnacle of luxury living and entertaining on the exclusive Burraneer Bay peninsular,

Set within an enclave of elite homes lining the pristine waters of Sydney’s Sutherland Shire comes this former HIA and MBA house of the year.

Located on four premium foreshore blacks totalling 4387sqm and boasting 3965sqm of internal space across six levels – Nautilus is uncompromising in its approach to luxury living.

With 7-bedrooms, 19-bathrooms, 2 guest pavilions and space for 20 cars, the home’s list of amenities is seemingly endless. With two guest pavilions, a commercial-grade bar, dual full-size championship bowling alleys, tiered home cinema, premium gym (with dedicated yoga and Pilates areas), 2000-bottle cellar, archery range, day spa with Turkish steam room, and three internal separate lifts is spread throughout the residence

Further, the home is fitted with six different kitchens, including a dedicated space for teppanyaki – giving owners plenty of options for entertaining.

That’s not to say liveability is not at the forefront of Nautilus’ design with the master suite complete with a limestone ensuite, with steam shower and sunken bath, a secluded retreat, safe room, dressing room and laundry.

There’s also plenty of substance to match the home’s grand scale, with limestone tiling, sandstone feature walls, timber flooring, marble finishes and the spiral staircase mimicking the shell for which the home is named.

Outside, the home boasts multiple designated areas for lounging, alongside the 25-metre lap pool (solar heated, of course) that flanks the property, and a private beach and marina – the latter featuring a slipway for a 37-foot boat, wharfing and docking area, floating pontoon, waterfront crane and deep water mooring for a 78ft vessel.

As if that wasn’t enough the grounds of the property house a sporting field, self-contained boathouse, beachfront cabana and two firepits and is accessible by the ‘bat cave’ ensuring no steps have to be taken to reach the beach.

The location sees it a 10-15 minute walk to local cafes, and a 5-minute drive to the heart of Cronulla and allows one to make the most of the Sutherland Shire’s coastal lifestyle.

The home is listed with David Highland of Highland Real Estate (+61 405 735 735) and Bill Malouf of LJ Hooker Double Bay (+61 411 428 354). Price guide, $50 million; Australiasfinesthome.com.au



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The climbing cost of climate change for the Australian property market

The insurance premium gap between flood affected and non-flood affected homes is significant

By Bronwyn Allen
Tue, May 7, 2024 2 min

Climate change is already affecting home values due to the impact of more severe weather events and rising home insurance premiums, and the cost of building is likely to rise as regulatory changes designed to enhance climate resilience alter building codes and zoning laws, according to a new report.

The National Housing Supply and Affordability Council describes climate change as an emerging trend that is raising the cost and complexity of supplying more housing. In its newly released State of the Housing System report, the council discusses how climate change is reducing the value of some homes when major weather events cause flooding or other natural disasters.

“The price differential between flood-affected and non-flood affected homes has been estimated to be up to 35 percent a year after a flooding event,” the report says. Furthermore, the RBA estimates around 7.5 percent of properties are in areas that could experience price falls of at least 5 percent due to climate change by 2050.

More than one million households are struggling to afford home insurance, and rates of non-insurance are increasing due to the cost. For example, the Australian Competition and Consumer Commission estimated that 40 percent of homes in Northern Western Australia were uninsured in 2020.

Climate change is causing home insurance premiums to rise across Australia, adding to already elevated housing costs. Homeowners in areas considered atrisk of natural disasters are expected to see insurance premiums rise further or have difficulty obtaining insurance due to heightened risks.

More frequent and severe weather events such as cyclones and bushfires, as well as coastal erosion and flooding from rising sea levels, present risks to housing safety. More than 3,000 homes were lost in the 2019-20 bushfire season, causing $2.3 billion in insurance losses. The report says the predicted direct cost of natural disasters to the economy and housing will be $35.2 billion per year by 2050.

Climate change and net-zero targets could raise the cost of building new homes, the report says. Regulatory changes to enhance climate resilience will alter building codes and zoning regulations.

Developers facing higher compliance costs may have difficulties meeting updated standards, potentially delaying or reducing housing availability.

However, the report says the increased cost of building a home with climate-resistant materials and eco-friendly features is more than offset by lower energy costs over a property’s lifetime. The current minimum energy efficiency requirements within the National Construction Code are estimated to deliver a householdlevel benefit-to-cost ratio of 1.37, according to the report.

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