A Country Manor In Sydney’s Castle Hill | Kanebridge News
Kanebridge News
Share Button

A Country Manor In Sydney’s Castle Hill

An alluring, multi-property luxury retreat in one of Sydney’s most sought after areas.

By Terry Christodoulou
Thu, Dec 3, 2020 6:25amGrey Clock < 1 min

This multi-property estate sits in one of Sydney’s Hills District’s most sought after areas across an expansive 3504sqm block.

Located in a quiet cul-de-sac, minutes from the newly built Sydney Metro link to the CBD, this extremely unique, the five-star property includes two stunning residences that holds 8-bedrooms, 5-bathrooms and 5-car parking split across two residences and two separate titles.

With resort-like luxury features throughout, the home also boasts an array of enviable amenities such as championship sized tennis court (with floodlights for an after dark hit), covered in-ground pool, sauna, spa and wine cellar.

The main residence holds four generous bedrooms across the upper level, including the master suite complete with large dressing room, built in daybed and opulent full-size marble bathroom and spa – complementing the other bathrooms.

Downstairs sees a main living space seamlessly linking to the outdoors, as well as a bespoke kitchen finished with marble and stone benchtops, alongside a handmade Italian cooktop and oven.

The alfresco dining area overlooks the tennis court and manicured grounds that include waterfall feature, bridge and koi pond, making for a relaxing area to unwind and also entertain.

Further luxuries include a dedicated theatre room with bar.

The second residence boasts a lift connecting the ground floor with the upper level featuring two king-size bedrooms that share well-appointed bathroom ensuite, along with a further bedroom. Three bathrooms fill the second home, featuring floor to ceiling tiling while parquet floors in the foyer transition to open plan living connected to an alfresco entertaining area that includes sauna, jacuzzi and wine cellar.

All enquiries to LJ Hooker Dural’s William Brush (02 9651 1566).

dural.ljhooker.com.au

MOST POPULAR

Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’

Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual

Related Stories
Property
Australian house values continue to fall – but the pace of decline has slowed
By KANEBRIDGE NEWS 01/12/2022
Property
Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market
By WILL PARKER 23/11/2022
NSW
Swanning by the park in Sydney’s west
By KANEBRIDGE NEWS 23/11/2022
Australian house values continue to fall – but the pace of decline has slowed

Data reveals house values have continued to decrease, but the rate has slowed as the RBA Board prepares to meet next week

By KANEBRIDGE NEWS
Thu, Dec 1, 2022 2 min

House values continued to fall last month, but the pace of decline has slowed, CoreLogic reports.

In signs that the RBA’s aggressive approach to monetary policy is making an impact, CoreLogic’s Home Value Index reveals national dwelling values fell -1.0 percent in November, marking the smallest monthly decline since June.

The drop represents a -7.0 percent decline – or about $53,400 –  since the peak value recorded in April 2022. Research director at CoreLogic, Tim Lawless, said the Sydney and Melbourne markets are leading the way, with the capital cities experiencing the most significant falls. But it’s not all bad news for homeowners.

“Three months ago, Sydney housing values were falling at the monthly rate of -2.3 percent,” he said. “That has now reduced by a full percentage point to a decline of -1.3 percent in November.  In July, Melbourne home values were down -1.5 percent over the month, with the monthly decline almost halving last month to -0.8%.”

The rate of decline has also slowed in the smaller capitals, he said.  

“Potentially we are seeing the initial uncertainty around buying in a higher interest rate environment wearing off, while persistently low advertised stock levels have likely contributed to this trend towards smaller value falls,” Mr Lawless said. “However, it’s fair to say housing risk remains skewed to the downside while interest rates are still rising and household balance sheets become more thinly stretched.” 

The RBA has raised the cash rate from 0.10 in April  to 2.85 in November. The board is due to meet again next week, with most experts still predicting a further increase in the cash rate of 25 basis points despite the fall in house values.

Mr Lawless said if interest rates continue to increase, there is potential for declines to ‘reaccelerate’.

“Next year will be a particular test of serviceability and housing market stability, as the record-low fixed rate terms secured in 2021 start to expire,” Mr Lawless said.

Statistics released by the Australian Bureau of Statistics this week also reveal a slowdown in the rate of inflation last month, as higher mortgage repayments and cost of living pressures bite into household budgets.

However, ABS data reveals ongoing labour shortages and high levels of construction continues to fuel higher prices for new housing, although the rate of price growth eased in September and October. 

MOST POPULAR

An influx of people could calm future volatility.

Pamela Anderson House

Inspired by some of California’s best known Modernist architecture.

0
    Your Cart
    Your cart is emptyReturn to Shop