Property of the week: 1 Edzell Avenue, Toorak
A rare riverfront position is just the start to the luxury offering at this Melbourne trophy home
A rare riverfront position is just the start to the luxury offering at this Melbourne trophy home
Only four properties on coveted Edzell Avenue reach the Yarra River waterfront, so the arrival of this newly rebuilt residence at number 1 is a prize catch. So rare is the riverfront position, and the unique redesign by Andrew Parr of SJB Architects, that Marshall White Stonnington has listed the Toorak trophy home with a head-turning price guide of $50 million to $55 million.
The prestige property will be firmly placed in the top residential price bracket for Melbourne, but is still far from the giddy heights of the Victorian capital’s benchmark of the $80 million spent by crypto king Ed Craven on his Toorak pile in 2022.
A complete transformation of an original 1920s house, this stately home still holds much of its old world glamour but also showcases the best of what money can buy a century later.
And that cash comes from an owner who knows a little about renovations — title records reveal the period property was bought in 2013 by Sarah Laidlaw, wife of former Mitre 10 boss Mark Laidlaw. After purchasing for $6.1 million, the Laidlaws’ transformation has injected a sophisticated aesthetic complementing its glamorous historic facade.
The river sits centre stage with an uninterrupted outlook from most rooms of the house, as well as the private jetty and rare Melbourne boathouse, capturing Burnley golf course and the city skyline.
Beyond a stately reception hall the living areas have been carefully remastered on a grand scale with a choice of entertaining spaces opening to the great outdoors.
The palatial dining and living rooms have fireplaces and aged–bronze archways framing the river panorama and an expansive north west–facing stone terrace with pergola, barbecue kitchen, heaters and an outdoor fire. A media room and bar also spill out onto the landscaped gardens and for further entertaining the cantilevered heated infinity pool and spa seemingly hover above the Yarra.
In the state-of-the-art kitchen there are Pilbara marble benches, Gaggenau appliances, an integrated Sub-Zero fridge/freezer, wine fridge and a butler’s pantry.
Up the curved marble staircase, or via the private lift, the accommodation level includes three bedrooms with ensuites and built–ins plus a palatial primary suite complete with a gas fire, indulgent dressing room, deluxe marble bathroom and balcony overlooking the water and golfing green.
Down on the lower level, the property also features a gym, temperature-controlled wine cellar and executive home office with and independent street entry.
The rare piece de resistance for the riverside residence is the large river deck with a self-contained timber–lined retreat with kitchenette and ensuite. Below that is a personal boatshed with a slipway, one of only a handful of privately–owned jetties in Toorak.
Additional five star features include Control4 home automation, an alarm with CCTV and a video intercom, as well as hydronic heating, reverse-cycle air-conditioning, ducted vacuuming, full irrigation and a four-car lock up garage.
The Toorak residence is listed through an expressions of interest campaign closing at 1pm on November 11 via Marcus Chiminello, Nicole French and Alan Crawford of Marshall White Stonnington.
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Restored Victorian Italianate manor Earlswood combines two substantial residences on 778sqm and leads the prestige offering from the newly established Ray White Phillips & Co.
Alexander Phillips has unveiled his first newly launched trophy campaign since establishing Ray White Phillips & Co, with the landmark Randwick estate Earlswood being offered with a guide of $10.5 million.
The listing is an early statement for Phillips’ new Woollahra-based agency. Less than a month after opening, Ray White Phillips & Co had already secured more than $30 million across a series of booked auction campaigns, including the $9 million sale of 92 Ocean Street, Bondi, and sales in Waverley, Bronte, Clovelly, Paddington and Coogee.
Phillips also recently sold 9 Kenneth Street, Tamarama, for $20.25 million, the highest reported Eastern Beaches sale of 2026.
The latest addition to the agency’s books is one of the eastern suburbs’ more distinctive estates.
Occupying 778 sqm at 54 Dutruc Street, Earlswood pairs a restored Victorian Italianate manor with an adjoining two-storey contemporary residence designed by X-PACE Design Group.

The original home was built in 1891 and is a locally listed heritage residence within Randwick’s St Marks conservation area. Its restoration retains much of the formality and detail expected of a grand Victorian property, including a substantial entrance foyer, frescoes by Augusto Lorenzini, four-metre ceilings, marble fireplaces and a series of reception and entertaining rooms.
Four king-sized bedrooms are arranged on one level, while an attic retreat captures views towards the ocean. More recent additions include a custom kitchen with Gaggenau appliances, a butler’s pantry, Spotted Gum floors and ducted air-conditioning.
Next door, the second residence takes a distinctly contemporary approach. Off-form concrete, wide oak floorboards and clean architectural lines establish a deliberate contrast with the ornate historic manor.
The modern home contains three upper-level ensuite bedrooms, two living areas, a designer kitchen, courtyard and north-facing rooftop terrace. Villeroy & Boch-appointed terrazzo bathrooms and Italian lighting continue the detailed finish found throughout the estate.

Although architecturally different, the two homes have been designed to operate together or independently. Each has its own entrance, while both connect to a four-car basement containing a vehicle turntable, wine cellar and internal lift access.
The configuration lends itself to multigenerational living, accommodation for adult children or extended family, or a principal residence with a separate income-producing home. The properties have also been prepared for possible future title subdivision, subject to council approval.
The estate spans approximately 717sqm of internal floor area and has a 39-metre frontage to Rae Street, as well as landscaped gardens and dual-street access. It last changed hands for $10.75 million in November 2023, according to publicly available property records.
Earlswood arrives as Phillips begins the next phase of a 24-year career in Sydney’s eastern suburbs. He has been ranked among Australia’s leading residential agents for more than a decade, with his team reported to transact more than $1 billion in property annually across more than 400 clients.
Phillips said his decision to launch Ray White Phillips & Co was driven by the industry’s increasing reliance on technology, data and network reach, while maintaining his team’s focus on the eastern suburbs.
For Ray White, Earlswood provides an appropriately high-profile introduction to its newest prestige operation: a rare dual-residence property that offers both a carefully preserved piece of Randwick’s history and a markedly contemporary way of living.
Earlswood at 54 Dutruc Street, Randwick, is being marketed by Alexander Phillips of Ray White Phillips & Co through expressions of interest closing November 5.
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