A Private Slice Of Parsley Bay Hits The Market
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A Private Slice Of Parsley Bay Hits The Market

Step inside this state of the art luxury home.

By Terry Christodoulou
Fri, Mar 4, 2022Grey Clock < 1 min

Presenting an exceptional showcase of bespoke style, this exclusive Parsley Bay pile — with a rare 34.2-metre frontage to the bay reserve — offers state-of-the-art finishes combined with a luxury resort-style residence for unparalleled luxury living.

Found on a sprawling 1143sqm parcel in the coveted Sydney enclave of Vaucluse comes this incredibly private, 4-bedroom, 5-bathroom, 4-car parking home designed by award-winning architect Virginia Kerridge.

Within, the lofty combination of soaring ceilings, custom timber joinery and sandstone create myriad formal and informal living spaces that bleed through to sun-drenched entertainment terraces, encapsulating the beautiful natural surrounds.

On entertaining the home’s lower level is replete with a living area and games room that spills out to a secluded sunbathed backyard complete with swimming pool, level lawn and firepit alongside an undercover courtyard with integrated kitchen and BBQ.

Of course, catering such events is a must — achieved with ease from the luxurious kitchen fitted with Gaggenau gas cooktops and a swathe of superior appliances.

Away from the home’s living spaces comes accommodation of three king sized bedroom — found on the upper level — alongside a king-sized guest bedroom on the lower level, appointed with chic ensuites including a luxurious master suite and adjoining parents’ retreat.

A modern masterpiece, the home is also privy to smart home technology, integrated indoor/outdoor sound system, climate-controlled wine cellar, gas fireplace and further mod-cons.

The listing is with Sydney Sotheby’s International Realty’s Michael Pallier (+61 417 371 522); approx, $25 million. sydneysothebysrealty.com

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By Kanebridge News
Thu, Aug 11, 2022 < 1 min

New research from Knight Frank’s International Waterfront Index shows waterfront properties are costing more than double their inland counterparts in Sydney while in Melbourne waterside properties attract a 40% premium.

Australia’s coastline attracts some of the highest waterfront premiums in the world with Sydney topping the index — an average premium of 121% — compared to an equivalent home set away from the water.

Auckland ranked second on the list of 17 international locations — a premium of 76%. The list saw Gold Coast (71%), Perth (69%) and the Cap d’Antibes (59%) on the French Riviera round out the top 5.

Australia continued to feature prominently in the research with Brisbane’s waterfront premium coming in at 55%, with Melbourne also in the top 10 at 39%.

According to Knight Frank Australia’s head of residential research, Michelle Ciesielski, there has always been strong appetite for Sydney’s waterfront homes.

Australia’s luxury residential market has advanced, it lacks the depth of prestige markets in more established global cities said Cieselski.

“As a result, our Australian cities can achieve a significantly higher premium on the waterfront compared to a similar property inland without access to, or a view of, water,” she said.

“Also, Australia is known for its balmy outdoor lifestyle, so many buyers in this super-prime space are willing to pay a premium to secure the ideal position along the waterfront.”

The data also suggests that beachfront homes were most desirable, commanding a premium of 63% compared to harbour locations fetching 62% premium and coastal homes with a 40% premium.