Own This Coveted Southern Highlands Escape
Just three-minutes’ drive to the Bowral township, the property offers an extraordinary slice of serenity.
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The allure of the NSW Southern Highlands is more acutely felt in the winter months, and here, in the coveted outcrop of Bowral, comes a desirable masterpiece of design and style boasting expansive views of the region.
Found on almost six acres and comprised of two spectacular adjoining homes (and a free-standing one-bedroom studio), the 7-bedroom, 6-bathroom, 7-car parking property is surrounded by an established garden and pastoral grounds.
After undergoing award-winning renovations in 2017-18, the original home saw the addition of a contemporary extension with soaring ceilings, burnished concrete floors and the heady use of timber — through bespoke finishes — that sees the home’s focus now on passive solar design, energy efficiency and thermal performance.
Within the main home contains a large home office, media room, playroom, open-plan dining, sunken lounge and kitchen with an additional large butler’s kitchen.
Also found in the main home sees 4-bedrooms and 4-bathrooms with an enormous home office designed to house a golf simulator.
Throughout the home comes the aforementioned concrete floors with both heating and cooling capacity in the new wing.
Outside comes a wed-edge mineral salt plunge pool and spa with an integrated electric Remco pool cover and a floodlit tennis court overlooking Bowral.
Further, the residence’s grounds feature extensive automated garden lighting and watering systems and a productive orchard of large mature fig trees, quine and beurre bosc pear.
Elsewhere on the grounds, the freestanding 1-bedroom, 1-bathroom studio features a kitchenette with spectacular views and is privately situated away from the house. Currently, it is used as an Airbnb.
Just three-minutes’ drive to the Bowral township, the property offers an extraordinary slice of serenity.
The home is listed with Corina Nesci (+61 416 523 155) of Drew Lindsay Real Estate, EOI; drewlindsay.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
