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
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
Capital cities lead the way as median home values see clear upswing
2 min
Home values continue their upwards trajectory, recording the strongest monthly growth in 18 months, CoreLogic data shows.
The property data provider reports that their Home Value Index has noted a third consecutive rise in values in May, accelerating 1.2 percent over the past month. This is on the back of a 0.6 percent increase in March and 0.5 percent rise in April.
Sydney recorded the strongest results, up 1.8 percent, the highest recorded in the city since September 2021. The fall in Sydney’s home values bottomed in January but have since accelerated sharply by 4.8 percent, adding $48,390 to the median dwelling value.
Melbourne recorded more modest gains, with home values increasing by 0.9 percent, bringing the total rise this quarter to 1.6 percent. It was the smaller capitals of Brisbane (up 1.4 percent) and Perth (up 1.3 percent) that reported stronger gains.
CoreLogic research director Tim Lawless said the lack of housing stock was an obvious influence on the growing values.
“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3 percent lower than they were at the same time last year and -24.4 percent below the previous five-year average for this time of year,” he said.
“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market.
“Amid increased competition, auction clearance rates have trended higher, holding at 70 percent or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”
Vendor discounting has been a feature in some parts of the country, particularly prestige regional areas that saw rapid price rises during the pandemic – and subsequent falls as people returned to the workplace in major centres.
The CoreLogic Home Value Index reports while prices appear to have found the floor in regional areas, the pace of recovery has been slower.
“Although regional home values are trending higher, the rate of gain hasn’t kept pace with the capitals. Over the past three months, growth in the combined capitals index was more than triple the pace of growth seen across the combined regionals at 2.8% and 0.8% respectively,” Mr Lawless said.
“Although advertised housing supply remains tight across regional Australia, demand from net overseas migration is less substantial. ABS data points to around 15% of Australia’s net overseas migration being centred in the regions each year. Additionally, a slowdown in internal migration rates across the regions has helped to ease the demand side pressures on housing.”
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
