Contemporary Brighton home transformed by design doyen
Once home to Australia’s kitchenware king, this Brighton residence is now on the market with a $15m–$16.5m price tag.
2 min
Alex Schiavo, James Driver and Jia Teresa Wizel of Kay & Burton Bayside, have listed the contemporary Brighton residence and are asking for expressions of interest by 5pm on September 16.
Brian Davis, founder of the Decor Corporation, lived at the Wolseley Grove home until his passing in 2021. Davis built his humble homewares company from the ground up in the late 1950s, eventually securing lucrative contracts with Coles and Woolworths.
He then went on to sell his award-winning designs around the world and was inducted into the Design Institute of Australia’s Hall of Fame in 1996.
After his estate was sold in 2022 for $8 million, the current owners engaged Frank Macchia of Macchia Design Studio to inject some Byron Bay je ne sais quoi into the then four-bedroom mid century modern house.
Today, the reimagined five-bedroom home on a grand 1630sq m is a private retreat with all the mod cons expected of a 21st century beachside home.
Beyond the double entry doors, the expansive ground floor has been created for quiet contemplation and meaningful gatherings.
The open plan footprint flows via seamless bi-folds to the outdoors, with the layout centred around a reading and conversation space featuring integrated seating and inspired planting.
There is also a fireside sitting area, window seats and a banquette dining zone next to the unique limestone kitchen with its vast island bench, Wolf appliances and large butler’s pantry.
Macchia’s modern touch has introduced Tongue & Groove oak floors, sand-laced wall render, fluted windows, custom made concrete basins, designer lighting and bespoke joinery throughout.
Additional entertainment areas on the lower level include a separate media room and the north-facing landscaped backyard complete with a family-friendly heated pool and spa. There is also a decadent outdoor spa, self-contained poolside pavilion and gym with a space for a sauna.
While four bedrooms with ensuites and a dedicated study space sit on the entry level, the first floor is home to a palatial suite with a lounge area and bedroom featuring a yard-facing balcony, walk-in wardrobe and a twin-basin ensuite with multiple skylights.
The new-look Brighton residence also has a big wine cellar with tasting table, a large laundry, an attic storage space, reverse-cycle heating and cooling, comprehensive camera security, bore-water irrigation, a substantial wine cellar, a lower-level powder room, and undercover parking for at up to three cars.
A unique Brighton property, the Wolseley Grove house is close to Church and Hampton streets, sought after schools, Sandbelt fairways, city trains, the Bay Trail, and Brighton Beach.
Listed with Kay & Burton Bayside, 3 Wolseley Grove is on the market via an expressions of interest campaign closing on September 16.
A record-breaking $11 million sale at The Centennial Collection has set a new benchmark for luxury apartment living in Bondi Junction.
As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.
3 min
Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.
Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.
Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.
“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.
“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”
Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.
Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.
“In the absence of stock, demand exceeds supply,” he said.
Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.
He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.
“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.
“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”
Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.
He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.
McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.
While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.
“People are looking for value for money,” she said.
She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.
“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.
The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.
“The viability of a development happens at the moment the site is bought,” he said.
He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.
While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.
“It is actually a business that requires a level of expertise,” he said.
Looking ahead, the panel agreed opportunities remained in the market despite current challenges.
Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.
McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.
Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.
“We can provide affordable housing in this country,” he said.
“But we’ve got to wrap that affordable housing with the things that people want.”
As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.
From Italian vegetable-tanned leather to real-world training insight, Australian brand PK9 Gear is redefining what luxury means for discerning dog owners.
A haven for hedge-fund titans and Hollywood grandees, Greenwich is one of the world’s most expensive residential enclaves, where eye-watering prices meet unapologetic grandeur.
