Incredible Harbour Views In Sydney’s Vaucluse
A tri-level masterpiece is for sale.
2 min
Harbour views rarely arrive in such an expansive, uninterrupted fashion. Here, a tri-level masterpiece located at 13 Queens Avenue, Vaucluse offers an inspiring harbour panorama stretching from Rose Bay to Taylor’s Bay.
The 5-bedroom, 4-bathroom, 3-car garage home is an ode to family, luxury, entertainment and privacy enjoying a secluded setting of approximately 885sqm in an exclusive cul-de-sac with direct access to Hermitage Reserve, the foreshore walk and Milk Beach.
The interiors are sleek and minimal with a number of effortless in-to-outdoor transitions accompanied by an array of skylings highlighting the watery surrounds.
On the second floor comes the living space with a striking formal lounge and dining fitted with a Jetmaster fireplace that leads out to the approximate 30-metre frontage with an incredible and expansive entertainment terrace. With all the space to entertain, central to the home’s intentions is a gourmet chef’s stainless-steel kitchen fitted with European appliances and scullery. Also on this floor comes a second, casual dining space, laundry and bathroom.
Upstairs from the main living space sees a private master’s suite take up the whole floor with a balcony, walk-in robe and ensuite while the remaining four bedrooms — all of which are fitted with walk-in robes — are found on the first floor.
Other luxurious touches include heated marble floors while spates of stone flooring are also heated throughout.
On the first floor is a family room, home theatre and dedicated massage room alongside direct access to the home’s in-ground pool which also overlooks Sydney Harbour. Coupled with the pool are a series of courtyards and the aforementioned terrace that runs the length of the home allowing for the would-be owner to maximise the expansive views.
Further, the home offers lift access to every level — including from the triple lock-up garage — C-Bus home automation, complete security and access to Hermitage Reserve, Queens Beach and Milk Beach.
The listing for 13 Queens Avenue, Vaucluse is with Bill Malouf of Highland Double Bay (+61 411 428 354) with a price guide of +$41 million. Highlandproperty.com.au
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Ray White’s chief economist outlines her predictions for housing market trends in 2024
2 min
Ray White’s chief economist, Nerida Conisbee says property price growth will continue next year and mortgage holders will need to “survive until 2025” amid expectations of higher interest rates for longer.
Ms Conisbee said strong population growth and a housing supply shortage combatted the impact of rising interest rates in 2023, leading to unusually strong price growth during a rate hiking cycle. The latest CoreLogic data shows home values have increased by more than 10 percent in the year to date in Sydney, Brisbane and Perth. Among the regional markets, price growth has been strongest in regional South Australia with 8.6 percent growth and regional Queensland at 6.9 percent growth.
“As interest rates head close to peak, it is expected that price growth will continue. At this point, housing supply remains extremely low and many people that would be new home buyers are being pushed into the established market,” Ms Conisbee said. “Big jumps in rents are pushing more first home buyers into the market and population growth is continuing to be strong.”
Ms Conisbee said interest rates will be higher for longer due to sticky inflation. “… we are unlikely to see a rate cut until late 2024 or early 2025. This means mortgage holders need to survive until 2025, paying far more on their home loans than they did two years ago.”
Buyers in coastal areas currently have a window of opportunity to take advantage of softer prices, Ms Conisbee said. “Look out for beach house bargains over summer but you need to move quick. In many beachside holiday destinations, we saw a sharp rise in properties for sale and a corresponding fall in prices. This was driven by many pandemic driven holiday home purchases coming back on to the market.”
3 key housing market trends for 2024
Here are three of Ms Conisbee’s predictions for the key housing market trends of 2024.
Luxury apartment market to soar
Ms Conisbee said the types of apartments being built have changed dramatically amid more people choosing to live in apartments longer-term and Australia’s ageing population downsizing. “Demand is increasing for much larger, higher quality, more expensive developments. This has resulted in the most expensive apartments in Australia seeing price increases more than double those of an average priced apartment. This year, fewer apartments being built, growing population and a desire to live in some of Australia’s most sought-after inner urban areas will lead to a boom in luxury apartment demand.”
Homes to become even greener
The rising costs of energy and the health impacts of heat are two new factors driving interest in green homes, Ms Conisbee said. “Having a greener home utilising solar and batteries makes it cheaper to run air conditioning, heaters and pool pumps. We are heading into a particularly hot summer and having homes that are difficult to cool down makes them far more dangerous for the elderly and very young.”
More people living alone
For some time now, long-term social changes such as delayed marriage and an ageing population have led to more people living alone. However, Ms Conisbee points out that the pandemic also showed that many people prefer to live alone for lifestyle reasons. “Shorter term, the pandemic has shown that given the chance, many people prefer to live alone with a record increase in single-person households during the time. This trend may influence housing preferences, with a potential rise in demand for smaller dwellings and properties catering to individuals rather than traditional family units.”
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
