Dual-Frontage Belongil Beach Hideaway Listed for $35m
With two waterfronts, bushland surrounds and a $35 million price tag, this Belongil Beach retreat could become Byron’s most expensive home ever.
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A rare parcel of Byron Bay is primed to hit the market this week along the glamorous holiday spot’s priciest stretch of sand – Belongil Beach.
The designer digs belong to Leah and Kurt Rettenmaier, head of digital asset investment firm Revolution Tech. The couple have listed their Byron Bay hideaway, which sits on Childe St and has two waterfronts, for $35 million with Kim Jones of Jones & Co Real Estate.
The Rettenmaiers bought an original beach house on the 1776sq m block back in 2016 for $3.6 million, according to title records, and then reimagined the unique property into a sleek boho retreat worthy of its multimillion-dollar price tag.
The three-bedroom, two-bathroom compound at 4 Childe St sits at the end of the enviable strip, which is bordered on three sides by Belongil Beach, the Belongil Creek and uninterrupted bushland teeming with native flora and fauna.
In addition to the natural neighbours, the property is also surrounded by VIP residents in the exclusive peninsula, including Chemist Warehouse boss Damien Gance and Sasha Robertson.
If the Rettenmaiers and Jones achieve their $35 million goal, the newest listing could break the Byron price barrier of $33.5 million set by the Gance-Robertsons earlier this year.
Jones is also reportedly the agent behind the current Far North Coast record of $37 million. That deal was struck when Tom and Emma Lane of Oroton handbag fame bought their property, The Range, in nearby Coopers Shoot.
The primary two-bedroom residence is home to rendered white walls with integrated shelving and statement archways reminiscent of the uniquely smooth lines of the Greek Isles. The flowing curved interiors also reflect the calming contours of the coastal landscape on the home’s doorstep.
Designed for entertaining inside and out, the property features a spacious covered alfresco area with a built-in barbecue, manicured lawns, a bespoke fire pit and a private self-contained studio with an outdoor claw-foot bathtub.
Even kids – big or small – have room to play with a fun built-in skate ramp and an expansive beachfront lawn with sweeping views over the bay, Julian Rocks and the iconic Cape Byron Lighthouse.
The dream has space to thrive with architect-designed plans for a more contemporary beach house (STCA).
Perfectly positioned for surfing at coveted Belongil Beach, or kayaking and stand up paddle boarding along the creek, the home’s prized location is within 600m of Treehouse restaurant, is a six-minute walk to the heart of Byron Bay and approximately half an hour to the Ballina/Byron Gateway Airport, or less than an hour to the Gold Coast Airport.
The dual aspect home at 4 Childe St, Byron Bay, is listed with Kim Jones of Jones & Co with price expectations of about $35 million.
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Australia’s median advertised rent has climbed to a record high, with every capital city recording quarterly price growth despite a slight lift in vacancy rates.
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Australia’s rental market has reached a new milestone, with national median advertised rents climbing to a record $670 per week in the June quarter as prices continued to rise across every capital city.
New data from realestate.com.au shows national rents increased 3.1 per cent over the quarter and 6.4 per cent over the past year, while capital city rents rose 2.2 per cent over the quarter to a median of $690 per week, up $10 from the March quarter.
REA Group economist Luc Redman said rental price growth had continued despite a small increase in vacancy rates.
“National median rents reached a new high in the June quarter, with widespread price growth across the capitals,” he said.
“The rent increases occurred despite a small increase in the rental vacancy rate over the same period.”
Melbourne and Perth recorded the strongest quarterly growth among the capitals, with rents increasing 3.5 per cent in each city. On an annual basis, Perth led the nation with rental growth of 10.3 per cent, followed by Hobart at 9.1 per cent and Darwin at 7.7 per cent.
Sydney remained Australia’s most expensive city for renters, with a median advertised rent of $800 per week, while Melbourne and Hobart were the most affordable capital cities at $600 per week.
Regional markets were more subdued, with rents holding steady over the quarter but remaining 5.3 per cent higher than a year ago, suggesting the rapid pace of growth outside the capitals has eased.
Mr Redman said the full impact of the Federal Budget’s changes to investor tax settings was yet to be seen.
“The May Federal Budget, which announced sweeping changes to investor tax settings, occurred in the middle of the quarter, so the full impact on the rental market is yet to be seen,” he said.
“While the vacancy rate has edged higher, the expected decrease in investor demand due to the budget’s tax changes could slow the pace of new supply, putting further pressure on rents.”
The report also found house rents continued to outpace units, rising 2.9 per cent across capital cities over the quarter compared with 1.5 per cent for units. Melbourne was the only capital where renting a unit was more expensive than renting a house, reflecting demand for well-located apartments.
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