Property of the Week: 6 Bulkara St, Wagstaffe, NSW
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Property of the Week: 6 Bulkara St, Wagstaffe, NSW

A Central Coast trophy home with a habit of breaking records, Agave, returns to market.

By Kirsten Craze
Fri, Jan 9, 2026 11:59amGrey Clock 2 min

Agave has a history of making headlines.

The luxury Wagstaffe weekender earned the prestigious HIA Australian House of the Year award in 2018 and then went on to reset the Central Coast price record two times over.

The Dennis Rabinowitz-designed waterfront residence was sold by the owner architect in mid 2020 for $9.5 million – at the height of the pandemic rush to the regions.

It then changed hands again only two years later for $16.2 million when it was snapped up by fallen Forum Finance founder Bill Papas.

Since then, Agave has operated as a high-end short-term rental appearing on Nine’s top 10 most expensive Airbnbs in Australia list; reportedly earning its owner more than $10,000 a night.

After briefly sitting on the market in 2024, the head-turning seven-bedroom two-storey property is now listed with a new agent and a fresh competitive price tag.

Mat Steinwede of McGrath Terrigal has put a $12 to $14 million guide on the glamorous beach house at a time when the Central Coast is tipped to recapture some of its post-Covid malaise.

Overall, Central Coast house values are approaching their 2022 pandemic-era high, according to Cotality data, with the median up 45.1 per cent over five years to reach a median price of $1.063 million as of November.

Sitting on a spacious 2188sq m block in the exclusive San Toy estate, Agave at 6 Bulkara St is in the sleepy hamlet of Wagstaffe 19kms south of Terrigal.

It has direct waterfront access to Brisbane Water and its north-facing aspect captures the best of the Central Coast’s coveted climate.

Created with a focus on free-flowing lanai-inspired indoor/outdoor living, the home features multiple terraces, a saltwater pool with imported Moroccan tiles, a private beach, a jetty, a boathouse cabana and a deep-water mooring suitable for a “super yacht”.

In total, the expansive layout includes 556sq m of internal living and 289sq m of alfresco space.

The sophisticated interiors include bespoke finishes crafted from natural materials, a contemporary kitchen with marble bench tops, as well as a fully-equipped butler’s pantry, wine cellar, and five ensuite bathrooms.

There is also an executive study and a palatial main bedroom suite located in its own ground floor wing complete with a walk-in wardrobe, and a five star hotel-inspired ensuite with bidet.

A second level houses six more bedrooms including a bunk room, ideal for multiple family getaways. All up, Agave can sleep as many as 14 guests at a time.

Manicured grounds are framed by established tropical gardens, and with secure entry gates plus an advanced security system, the residence is an idyllic private compound.

Additional features include total climate control, three separate living rooms, a double lock up garage and

The property is a short walk to Wagstaffe Wharf with direct ferry access to Palm Beach on Sydney’s Northern Beaches. Agave is also close to Lobster Beach and Bouddi National Park.

Agave at 6 Bulkara St, Wagstaffe is listed with Mat Steinwede of McGrath Terrigal with a $12 to $14 million price guide.



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Property of the Weel: La Gemme, 31 Kimberley Drive, Bowral, NSW

A European-inspired country estate reimagined with couture-level detail, La Gemme sets a new benchmark for Southern Highlands luxury.

By Kirsten Craze
Fri, Jan 30, 2026 2 min

La Gemme Estate, a grand getaway meticulously reimagined by The Property Stylist founder Kyara Larcombe, has debuted on the coveted Southern Highlands property market with a price guide of $30 million.

Kyara and her husband Clayton, founder of PAC Capital and Pacific Partners, bought the Bowral estate in 2021 and collectively set about curating a stately country compound that would feel at home alongside the heritage chateaux of Europe.

The finance and design duo purchased the 40ha property as a luxury weekender, then in 2024 held their wedding (after eloping in Lake Como, Italy) at the 40ha estate – a glamorous event later covered in Vogue magazine.

Deborah Cullen and Richard Royle of Cullen & Royle are marketing La Gemme through an expressions-of-interest campaign, closing on March 10 at 5pm.

“It is an absolute divine experience to wander around this estate. The detailing and finishes are on another level,” Ms Cullen said.

“Excitingly, we have had some very well-known families reach out to learn more.”

Over four years, Kyara – whose team has styled private homes worth as much as $100 million and iconic venues such as the Sydney Opera House – exercised her design prowess to bring the dream project to life. Alongside Clayton, the globetrotters travelled throughout Europe to gather inspiration and acquire unique antique pieces to furnish La Gemme.

Rather than a renovation, Ms Cullen said the finished result is a custom-made mansion with all the must-haves of the 21st Century.

The brand-new estate was designed for offshore investors and high-net-worth homebuyers, with a focus on architectural excellence and complete privacy.

La Gemme Estate can house up to 24 guests in the five-bedroom main residence and a separate two-bedroom guest house.

In the primary house, each bedroom has its own ensuite, and there is an additional attic suite. There are formal lounge and dining spaces, a study, a library and lift access.

Designer elements include a bespoke marble kitchen with two large island benches, a Lacanche stove, butler’s pantry with integrated appliances, reclaimed French oak floors retrieved from a historic church in Normandy, Joseph Gilles hardware, and 18th and 19th-century French chandeliers and mirrors.

Modern features include a climate-controlled wine cellar, underfloor heating, ducted air conditioning, a Lutron home automation system and security, and an integrated Bose sound system.

La Gemme Estate is also home to a 14m heated swimming pool and spa with a cabana and limestone-paved courtyard terrace, an outdoor fireplace and a wellness centre with a fully equipped gym and sauna.

Gardens designed by Richard Haigh feature a long driveway lined with mature plane trees, an abundance of established Australian natives, and a koi lake. Additionally, DA approval has been granted for a luxury stables complex and covered arena, ideal for equestrian enthusiasts.

The property, which is about 120 kms from Sydney and 185 km from Canberra, is accessed via two gated entrances; either from Range Rd, Mittagong or Kimberley Dr, Bowral.

La Gemme at 31 Kimberley Dr, Bowral is listed with Cullen Royle via an expressions of interest campaign closing on March 10 at 5 pm.

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