Prestige Property: 20 Thompson Street, Tamarama, NSW
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Prestige Property: 20 Thompson Street, Tamarama, NSW

Elevated beachside living in one of Sydney’s most coveted locations.

By Terry Christodoulou
Fri, Feb 11, 2022 1:57pmGrey Clock 2 min

Superlatives are often bandied around in property with little substance. Yet here, in the highly sought-after cul-de-sac end of Thompson Street, overlooking the glamorous Tamarama beach comes a truly unique home.

Designed by award-winning architect Andrew Baroukh, this 4-bedroom, 4-bathroom, 5-car parking home is a rare opportunity to secure a contemporary family sanctuary, minutes from Sydney’s most covetable waters.

Set atop 525sqm of level beachside land, the three-storey home blends seamlessly into its natural surrounds through the extravagant use of glass showing both the coastal views and the sandstone on which the home is built. This is paired with the heady use of limestone floors — fully heated throughout the home — and exposed concrete beams creating a light, calming, neutral palette in the residence.

The open, gleaming upper level of the home sees the seamlessly connected living, dining and kitchen spaces which open out to the terrace via an astonishing 3-metre tall, curved sliding door custom-engineered by A&G and built to cyclone standards.

The kitchen is fitted with custom joinery and sees European appliances and a 5-metre single piece stainless steel benchtop.

The home’s lowest level sees a double lock-up garage paired with a laundry and wet bar (complete with wine storage), a living area and spare bedroom. It’s here one side of the property is flanked by a glass feature that showcases the sandstone.

This area leads outside to the unique garden with level lawn and sundrenched saltwater heated pool, covered entertaining area and built-in barbecue.

From here one can either take the Domus lift, which services each floor, or the polished concrete staircase to the entry-level which houses the accommodation.

It’s here one finds the master suite which is complete by an expansive ensuite, finished with Boyd Alternatives bathtub and vanities and custom joinery that extends into the walk-in dresser.

Further, this level sees another bathroom, a study and two bedrooms.  While other mod-cons include a ducted vacuum system, zoned air conditioning and a Sonos sound system throughout the home.

The listing is with Goodyer Real Estate’s Pauline Goodyer (+61 411 521 888), and while there is no price guide given for this home Robb Report understands the recent sale of the 27 Thompson Street for $25.5 million is being referenced. Goodyer.com.au



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We reveal the No. 1 areas for price growth in each capital city

By Bronwyn Allen
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Home values across Australia rose by a median 8 percent in FY24, delivering the equivalent of $59,000 in new capital growth to the two-thirds of the population that owns a home, according to CoreLogic data. Investors received total returns of 12.2 percent over the year, including capital gains and gross rental income.

Very tight supply and demand in most capital cities except Melbourne and Hobart was a significant driver of the capital growth, with the smaller and more affordable capital cities of Perth, Brisbane and Adelaide experiencing the most price appreciation over the year. A lack of properties for sale trumped the usual dampening effect of higher interest rates.

As usual, some areas outperformed their city’s median growth benchmark. Here are the top SA3 areas for capital growth in each capital city of Australia in FY24. SA3 areas are large suburbs, or districts incorporating clusters of suburbs, with more than 20,000 residents.

 

Sydney

Home values across Sydney rose by a median 6.3 percent in FY24. The No. 1 area for growth was Mount Druitt. Its median value rose by 13.96 percent to $859,939. Mount Druitt is located 33km west of the CBD. It incorporates the suburbs of Mount Druitt, Ropes Crossing, Whalan and Minchinbury. The Mount Druitt community is very multicultural with almost one in two residents born overseas. It is home to many young families, with the median age of residents being 33 compared to the NSW median of 39.

 

Melbourne

Home values across Melbourne rose by a median 1.3 percent in FY24. The top area for capital growth was Moreland-North with 4.71 percent growth. This took the district’s median home value to $746,488. Moreland-North includes the suburbs of Hadfield, Pascoe Vale and Glenroy. It’s a multicultural community with a particularly large contingent of residents with Italian ancestry. One or both parents of 66 percent of residents were born overseas, according to the 2021 Census.

 

Brisbane

Home values across Brisbane rose by a median 15.8 percent in FY24. The No. 1 area for growth was Springwood-Kingston in Logan City. Its median value swelled by 25.55 percent to $710,569. Springwood-Kingston is approximately 22km south of Brisbane CBD. It incorporates the suburbs of Springwood, Kingston, Rochedale South and Slacks Creek. It is a multicultural community with one or both parents of 55 percent of the residents born overseas, according to the 2021 Census. More than 15 percent of residents have Irish or Scottish ancestry.

 

Adelaide

Home values across Adelaide rose by a median 15.4 percent in FY24. The best area for capital growth was Playford in Playford City. Its median value soared by 19.94 percent to $530,991. Playford is approximately 40km north of Adelaide. It incorporates the suburbs of Elizabeth Downs, Elizabeth Grove, Angle Vale and Virginia. It is home to many young people under the age of 40. The median age of residents is 33 compared to the state median of 41.

 

Perth 

Home values across Perth rose by a median 23.6 percent in FY24. The No. 1 area for growth was Kwinana in Kwinana City. Its median value skyrocketed by 33.19 percent to $618,925. Kwinana is approximately 37km south of Perth CBD. It includes the suburbs of Leda, Medina, Casuarina and Mandogalup. Henderson Naval Base is located here and there is a significant community of servicemen and ex-servicemen living in the area. It is home to many young families, with the median age of residents being 33 compared to the state median of 38.

 

Canberra

Home values across the nation’s capital rose by a median 2.2 percent in FY24. The best area for capital growth was Weston Creek. Its median value rose by 5.24 percent to $937,740. Weston Creek is approximately 13km south-west of the CBD. It includes the suburbs of Weston Creek, Holder, Duffy, Fisher and Chapman. Approximately 43 percent of residents have a bachelor’s degree, which is on par with the ACT median but much higher than the national median of 26 percent. Household incomes are about 35 percent higher than the national median. Almost one in five residents work in government administration jobs.

 

Hobart

Home values across Hobart fell 0.1 percent in FY24. The top performing area for capital gains was Sorell-Dodges Ferry with 2.78 percent growth. This took the area’s median home value to $615,973. Sorell-Dodges Ferry is approximately 25km north-west of Hobart. It incorporates the suburbs of Richmond, Sorell, Dodges Ferry, Carlton and Primrose Sands. The area has a large community of baby boomers and retirees, with the median age of residents being 43 compared to the Australian median of 38.

 

Darwin

Home values across Darwin rose by a median 2.4 percent in FY24. The No. 1 area for growth was Litchfield. Its median value moved 3.21 higher to $672,003. Litchfield is about 37km south-east of Darwin and includes the suburbs of Humpty Doo, Acacia Hills and Southport.  It has a high proportion of middle-aged residents, with the median age being 39 compared to the territory median of 33. About 12 percent of residents are Indigenous Australians. The biggest industries are government administration and defence. Median household incomes are about 35 percent higher than the national median.

 

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11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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