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Take a look at Gabor Hubay’s iconic Melbourne mansion and a rare 1890 mansion in Woollahra among the finest Australian properties to go to market on October 20.
Resting just five kilometres from the CBD, Woollahra is an exclusive Sydney encave characterised by its grand Victorian-era homes and serene streets.
Recording a nine per cent increase in June alone, Woollahra recorded a 34.1 per cent average price growth this year, driving the median house price up to A$5,230,000. So far this year, 85 properties have sold in the Sydney suburb, spending an average of 34 days on the market. This compares with 119 properties sold in 2021 when the suburb saw price growth of 24.6 per cent and listings spent an average of 50 days on the market.
Perfectly positioned beside the best of the city, Woollahra attracts an affluent population of 7,189 comprising mostly childless couples working in professional occupations.
This rare heritage home constructed in 1890 is one of Woollahra’s finest mansions presenting grand interiors and exquisite finishes.
This home goes to auction on Saturday, November 19 at 9:45am.
25B Nelson Street, Woollahra, NSW 2025
Commanding some of the highest property values in Melbourne, Toorak is a coveted inner-city suburb defined by pleasant streets, beautiful open spaces and grand mansions.
Due to its prestigious nature, Toorak attracts an affluent population of 12,817 comprising 14.6 per cent of 25-34-year-olds and a median age of 47.
Of the 7,186 private dwellings in Toorak, 154 were sold in 2021, recording price growth of 18.3 per cent. This year, 139 properties have sold so far, spending an average of 33 days on the market and placing the current median house price at A$5,560,000.
In 2016, Toorak recorded 61.7 per cent of homes as owner-occupied, climbing to 65.2 per cent in 2021.
Designed and built by one of Melbourne’s finest architects Gabor Hubay as his own home, this spectacular residence features a theatre, gym, cellar, infinity pool and floodlit tennis court.
This home has a price guide of A$28 – A$30 million with expressions of interest closing on November 23 at 5pm.
3 Macquarie Road, Toorak, Vic 3142
Cremorne Point is a harbourside peninsula in Sydney’s enviable Lower North Shore where affluent homes offer spectacular views of the city.
Defined by its beautiful waterfront homes, eight properties have sold in Cremorne Point so far in 2022, representing 16.7 per cent price growth. Since last year when 16 properties sold, the median house price has climbed by A$1 million to currently sit at A$7 million.
Thanks to its exclusive location, the suburb boasts an affluent population of 2,270 comprising primarily childless couples spread across 1,290 private dwellings.
This solid brick and sandstone home is a historic architectural marvel delivering 270-degree harbour and city views all wrapped by designer Peter Fudge gardens.
Since this property previously sold in February 2012 for A$6.5 million, the Cremorne Point median house price has more than doubled.
While the home is scheduled to go up for auction, it’s also listed for rent with an estimated $4,500 per week return.
29 Milson Road, Cremorne Point, NSW 2090
Resting on the edge of Port Phillip Bay, St Kilda West showcases a mix of grand Victorian and Edwardian homes.
A population of 2,951 features a prominent age group of 30-39-year-olds with most residents being childless couples working in professional occupations.
Over the previous two years St Kilda West recorded a 40 per cent price growth, however, this year a 12.7 per cent decline sets the current median house price at A$2,400,000. Of the 1,851 private dwellings in St Kilda West, 21.9 per cent are listed as owned outright.
Standing as a fine Victorian mansion, designer Stephen Akehurst has beautifully renovated this wonderful home to present modern luxury overlooking the water of Port Phillip Bay.
This home comes with a price guide of A$15 – $16.5 million with expressions of interest closing on November 15 at 5pm.
367 Beaconsfield Parade, St Kilda West, Vic 3182
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