Among modern mansions in Sydney and Brisbane, a landmark estate positioned along Brighton’s Golden Mile shines in today’s property highlights.
24 Bulkara Road, Bellevue Hill, NSW 2023
Known as Australia’s most expensive suburb, Bellevue Hill enjoys some of the most spectacular views in all of Sydney thanks to its elevated position. Filled with premium amenities, the prestigious postcode comes with a luxurious city lifestyle. Within easy reach of top schools, parks, The Royal Sydney Golf Club and beaches, Bellevue Hill has it all.
Attracting the city’s wealthiest families, Bellevue Hill has a population of 10,590, a median age of 39 and is predominantly home to couples with children.
Following three years of consecutive property price growth that totals to around 47 per cent, the median house price in Bellevue Hill has reached A$8.75 million. So far, a total of 62 properties have sold in the suburb and listings tend to spend around 28 days on the market.
In terms of household occupancy types, 35 per cent of Bellevue Hill homes are owned outright. Approximately 33.4 per cent are renting in the blue-chip suburb.
Presenting contemporary luxury, this four-bedroom residence features high-end amenities and finishes and enjoys prime city views. In addition to a gourmet kitchen and a four-car garage, the property also comes with dual entertaining terraces overlooking a swimming pool. The listing, which previously came to market in May this year, is now accepting expressions of interest.
247 Kent Street, Teneriffe, Qld 4005
Located just a few kilometres north-east of Brisbane CBD, Teneriffe is a vibrant riverside suburb filled with heritage-listed wool stores. Home to plenty of trendy cafes and bars, the area has become a sought-after suburb in Brisbane.
The suburb is home to 5,520 residents and has a median age of 37. The area is popular amongst childless couples who account for 70.5 per cent of Teneriffe households.
Following strong consecutive growth over the past few years, house prices in Teneriffe have grown by more than A$1 million from 2018 prices. This places the current median house price at A$2.8 million.
So far in 2022, a total of 37 properties in the area have sold, with listings spending an average of around 27 days on the market. In July this year, just one property sold and prices dipped by 3.4 per cent.
Designed by award-winning architect Dan Sparks, this immaculate Teneriffe home known as ‘The Pavilion’ boasts sculptural features, astounding views and luxe amenities.
The property is scheduled to go to auction on November 14 at 5pm.
16 Moule Avenue, Brighton, Vic 3186
Positioned along the coastline of the Mornington Peninsula, Brighton is characterised by scenic coastal walks, upmarket cafes and dining, and lavish homes. The suburb has a population of 22,758 people and primarily attracts couples with children who account for more than 48 per cent of Brighton households.
Despite recording no price growth over the past year, Brighton experienced 20.7 per cent and 20.6 per cent property price growth in 2021 and 2020 respectively. This places the median house price at A$3.5 million.
A total of 269 properties have sold in the coastal enclave this year, each spending an average of 31 days on the market. In July this year, the suburb saw a slight price decline of 0.1 per cent and recorded eight properties sold.
Known as ‘Teychel’, this landmark property is set on 4,500 square metres and boasts a century of history along Brighton’s affluent Golden Mile. The estate features its own boat shed and private beach access, as well as a pool, tennis court, housekeeper’s cottage and immaculate gardens.
The listing comes with a price guide of between A$46 and A$50 million.
391 Bronte Road, Bronte, NSW 2024
Nestled between Clovelly, Tamarama and Bondi, Bronte is a popular beachside suburb that enjoys a large park, good surf and top amenities.
Bronte is home to 7,166 residents with a median age of 38. The area primarily attracts couples with children, followed by childless couples who account for 50.2 per cent and 39.3 per cent of Bronte households respectively. Bolstered by 13.7 per cent average annual property price growth, the median house price now sits at A$5.4 million.
So far, 63 properties have sold in the sought-after suburb, each spending an average of 32 days on the market.
Sprawling across three immaculate levels, this architectural residence designed by David Coleborne features a gourmet kitchen, swimming pool and stunning Spotted Gum joinery.
The property is scheduled to go to auction on November 26 at 2pm.
Article source: Queensland Property Investor
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