Neighbourhood Notes: Bronte, Sydney
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Neighbourhood Notes: Bronte, Sydney

The seaside suburb offers laid-back living and luxury properties.

By Sue Wallace
Tue, May 10, 2022 9:41amGrey Clock 6 min

A fresh sea breeze often whistles around Bronte the laid-back seaside suburbs that boasts a beautiful beach, historic sea baths and a charming coastal culture.

Known for its healthy lifestyle vibe with a dusting of glamour, activewear is the norm here as many stride out on beachside walks, stretch in a Pilates class or do a downward dog at beachside yoga. Then there are those who chase the surf, all year long.

Sprawling luxury properties with uninterrupted grandstand views of the beach and Pacific Ocean include California-style bungalows, Italianate villas and Art Deco apartments.

Bronte Park has many attractions with barbecues, a miniature train track and a playground. Bronte Beach is home to the historic Bronte Surf Life Saving Club founded in 1903 that runs educational and fun events.

There are two picturesque rock pools including a natural one called Bogey Hole that creates a sheltered lagoon and is popular with families while a man-made ocean-fed lap pool that dates to the 1880s, sits beneath the southern headland.

Bronte is on the popular Bondi to Coogee coastal trek that spans 6kms and between two and three hours to traverse with stops along the way.

The Sydney International Airport and Sydney Domestic airport are both about 17km from Bronte, or a 40-minute drive.

Aerial view of the Bronte Baths in Bronte, Australia.Felix Cesare / EyeEm / Getty Images

Boundaries

Bronte is an attractive beachside suburb of Sydney, the capital of the Australian state of New South Wales.

Located in the Waverley Council local government area of the eastern suburbs, it is 7km from Sydney’s central business district.

Bronte is bordered on the north by the suburbs of Bondi and Tamarama, on the east by the Pacific Ocean, south by the suburb of Clovelly and on the west by the suburb of Waverley.

Price Range

A surge to embrace a healthy lifestyle and a strong community saw real estate prices hike during the pandemic with quality properties snapped up as soon as they went on the market.

According to Eliza Owen, head of research at CoreLogic, Bronte has a median house price of $5.6 million and $1.5 million for an apartment.

Property price growth across the suburb was 18.9% over the year, comprised of a 20.3% growth in house values and 14.6% across the apartment segment.

“Median house prices in Bronte are high relative to neighbouring suburbs of Coogee ($4 million), Clovelly ($4.6 million), and Bondi ($4.4 million), but lower than the suburb of Tamarama ($6.2 million),” Ms. Owen said.

Of 596 house markets analyzed across Sydney in March, median Bronte house values were the seventh most expensive, while Bronte apartments ranked 17th of 321 markets analysed.

“The Bronte dwelling market has been in an upswing since mid-2019, following a fairly broad downturn environment over the two years prior,” Ms. Owen said. “Through the current upswing, Bronte dwelling value annual growth rates had a cyclical peak in the 12 months to September 2021—where values rose 35.5%. Now however, growth rates are easing, and quarterly changes in value reveal a -0.2% decline in dwelling values over the three months to March.”

The luxury segment—or the top 25% of the market—in Bronte starts at around $7 million for houses and $1.8 million for apartments, she added.

This five-bedroom, Bronte, beach house is currently listed for sale.
Mitch Cameron Photography for PPD Real Estate

Housing Stock

“There’s a lot of character charm in the housing stock across Bronte, as well as potential value add,” Ms. Owen said. “While this suburb has obvious exclusivity and beachside appeal, the pandemic may have also exacerbated demand for such an incredible lifestyle market, which contains parkland, coastal walks and a stunning beach for plenty of outdoor activity residents could enjoy during lockdown.”

Bronte now has more houses and units for sale compared to the last six months of 2021, when houses barely spent days on the open market before being purchased.

Alexander Phillips from PPD Real Estate said buyers had little choice back then, but the market has stabilized and there are now more housing properties for sale.

CoreLogic recorded 39 properties on the market over the month of March, 20 of which were added over the month.

Ms. Owen said that represents around 1.3% of stock and is higher than what they saw this time last year, with just 27 listings available.

“Hold periods in the area do seem to be relatively high, at around 12 years for houses—based on the median on what sold in the past 12 months,” Ms. Owen said.

This four-bedroom, contemporary beach home in Bronte was recently sold.
Mitch Cameron Photography for PPD Real Estate

What Makes It Unique

It’s the lifestyle and strong community that makes Bronte so attractive to young professionals and families, according to Mr. Phillips.

“It differs from neighbouring beachside suburbs as there are no pubs and no backpacker accommodation, so it is very family orientated,” he said. “There are great schools, and community activities are centred around the Bronte Surf Lifesaving Club with lots of great events.”

As of 2021, Bronte’s population was just over 7,100.

Mr. Phillips said it is one of the easiest Eastern suburbs to get to the city for work and the seaside views were often a sale clincher.

“There are houses with views over split levels which are very appealing,” he said.

Ms. Owen added that Bronte Beach and the surrounding park are the obvious attractions, as well as the stunning coastal walks.

This five-bedroom, resort-style luxury home in Bronte recently changed hands.
Mitch Cameron Photography for PPD Real Estate

Luxury Amenities

You can pick up supplies from QE Grocery Store, which features a great range of organic produce. Frank’s Deli brings a quintessential New York deli experience and a dash of European flavour, with delicious sandwiches and produce. Iggy’s Bakery is known for its fabulous sourdough and has a big following.

Some great coffee spots include Frank’s Deli, Bellagio and Cali Press, which also has tasty juices.

For a sweet treat head to Huxton’s at Bronte—their panna cotta lamington is a treat and Pilgrims Vegetarian Cafe has healthy food including veggie burgers and pancakes. Cafe Salina, adjacent to Bronte Beach has great ocean views as does Bogey Hole Cafe.

Pick up fish and chips at Bronte Fish and Chips for a picnic on the beach.

For beautiful homewares, Water Tiger in nearby Waverley, offers a great selection including furniture and Volange Paris features French inspired clothing.

There are excellent schools in the area including the Bronte Primary School, Waverley College, a Catholic school for boys from Years 5 to 12 and St Catherine’s, a private Anglican junior and senior day and boarding school for girls.

Who Lives There?

Bronte is home to many young professionals and families who enjoy an active seaside life utilizing all that the great outdoors has to offer..

Notable Residents

F45 gym founder Rob Deutsch sold his Bronte beachfront home at 12 Bronte Marine Drive at auction for a whopping $17.7 million in April.. Australian actor Simon Baker of “The Mentalist” and “The Guardian” fame sold his house for $17 million last year. Australian Test Cricket captain Pat Cummins recently purchased a lavish $9.1 million house in Bronte.

Outlook

The market could continue to appreciate long term however the short-term prices may have peaked, according to Ms. Owen.

“If more listings are added to the market, we could be looking to move into the downswing phase of the cycle,” she said.

“Now, however, growth rates are easing and quarterly changes in value reveal a 0.2% decline in dwelling values over the three months to March.”

Ms. Owen said it was not uncommon for high-end, affluent markets of Sydney to lead a decline in values more broadly.

“It’s a lifestyle market, so I think it had a lot going for it during the pandemic,” she said.” The exclusivity of the area would have also been exacerbated by lockdowns. Now that social distancing and travel restrictions have eased, it’s likely there will be a lot more people flowing through the area, which may erode some of the appeal of this market.”

 

Reprinted by permission of Mansion Global. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication:  May 7, 2022.



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A contemporary home designed with Feng Shui principles in Malibu that once asked $57.5 million will be auctioned in June.

The architectural home lies on the Pacific Coast Highway in Western Malibu, a surf spot known for its pristine beaches and celebrity owners. Concierge Auctions, which is handling the sale, expects bidding to open between $10 million and $19 million.

The long, narrow lot is about four-fifths of an acre and boasts 75 feet of private beachfront. Owner Wei-Tzuoh Chen, a California-based nephrologist, purchased the property in 2003 with his wife, Carrie Chen, for around $2.25 million. They originally intended to knock down the existing house and develop four condo units but then decided to keep the location for themselves as a vacation property.

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“I’ve lived in many beachfront houses in different parts of Southern California, but this is the finest sandy beach I’ve ever seen,” he said, distinguishing it from places where the water comes right up to the house during high tide.

The couple spent over six years building an 8,206-square-foot glass, steel and concrete residence with Malibu architect Ed Niles, who Chen said “spoke to his taste as a contemporary, not modern, architect.”

A native of Taiwan, Chen wanted to incorporate elements of Feng Shui into Niles’s signature futuristic design, inspired by the Guggenheim in New York City and the Broad in Los Angeles.

“I wanted a mini-museum in which to display my collection of Chinese antiques in a futuristic setting,” he said.

The property was previously listed in March 2023 at $57.5 million by Madison Hildebrand, president and CEO of the Malibu Life Team (and star of Bravo TV’s “Million Dollar Listing Los Angeles”), along with Jennifer Chrisman of Compass,  Wendy Wong of Treelane Realty Group and Katherine Quach of Treeline Realty & Investment. The agents are collaborating with Concierge Auctions, which will launch the auction on its online marketplace in mid-June. It is currently listed at $42 million.

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The residence juxtaposes organic with geometric shapes; curved and straight lines mingle inside and out.

As shown in an aerial photo, it consists of a series of circles, semi-circles, triangles and rectangles. “There are basically eight different-shaped structures in a configuration,” Chen said, explaining that the number eight symbolises good fortune in Chinese numerology.

Integrating Feng Shui elements was accomplished in numerous ways.

“Feng means ‘wind,’ and the idea is to have air flowing throughout,” Chen said. “Based on a survey of the site, Niles designed it so that when you open the door on the ocean side, the breeze will circulate into every area of the house.”

He added that the architect also designed the house around the sun’s movement, capturing the ever-changing light via over 45 custom skylights. “The architectural perspective of the house shifts every minute of the day.”

Feng Shui also refers to the flow of movement, which starts from the street-side security gate, where a short driveway descends to the house below. “The concept of the Chinese home is to be unassuming from the front and then to provide a wow factor when you walk inside,” he explained.

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Steps lead down to the glass-walled entrance with a soaring steel-paned glass ceiling. This spills into a cavernous space framed by massive architectural concrete walls and a floating bridge overhead. Two expansive sets of built-in stairs lead in different directions—one connects with a floating staircase to an upper level. The other flows into the ground floor living area and kitchen, with views to the horizon on two sides. A wall of frameless glass doors opens onto the back patio and an outdoor dining area.

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Two separate upper-level spaces—one rounded, the other a triangle—jut out over the patio, creating covered sitting areas below. The round space comprises the primary suite, featuring a wood-panelled sleeping area and a marble bathroom with a cylindrical Japanese stainless-steel tub overlooking the ocean. A 50-foot bridge and short flights of stairs lead to three more bedrooms with private decks.

“Every split level has its own wing with an en-suite bedroom, so they are private with no shared walls, and everyone gets to take advantage of the view,” Hildebrand said. “The guest house is separate with its own private outdoor space.”

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Two marine-coated red steel sculptures in the back play on the shapes and number themes. One is an immersive red triangular sculpture that doubles as an enclosure for a small dining table; the other is a humanistic red figure-eight piece. Chen confirmed that both are part of the sale, as is a larger-than-life green butterfly sculpture at the entrance.

Inlaid rectilinear stepping stones cut a diagonal across the lawn to the sandy beach, bordered by large rocks. Although it is technically open to the public, Hildebrand said it is not easily accessible or widely known.

Beyond the interiors, the outdoor entertaining spaces—counting an in-ground fire pit with stone crescent benches—can accommodate up to 100 guests. Six uncovered parking spaces are available in addition to a two-car garage.

“It also has a tide pool where you can see sea urchins, mussels and other marine life on the rocks in ankle-deep water at low tide, which is also very rare here,” Chen said. “That’s the reason I chose this lot over others. It’s such a unique location.”

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