Latest news with #ClarkeandHumel
News.com.au
6 hours ago
- Business
- News.com.au
Jaw dropping reason $16m Manly property is one of country's most visited listings
It's a trophy home with a private sea pool carved into the rock below and a host of other dream features that would make most people stop in their tracks — but it's a home that's almost certainly doomed. A property in the Sydney beach suburb of Manly, listed with a price guide of $16 million, has ignited a wave of interest from some of the country's wealthiest buyers but, incredibly, none are reported to want the stunning house itself. Instead, they're preparing to do what is becoming a growing trend in coastal suburbs where land is finite and wealth is growing: they want to knock the house down and replace it with something else. The Addison Rd house, situated on a tightly held pocket of prime peninsula land with unobstructed harbour views, was among the 10 most viewed NSW properties on this past year. The five-bedroom, three-bathroom residence spans three levels with multiple living areas, a rooftop terrace, and a large double garage. The current design was 'inspired by the glamorous villas lining the cliffs on the Mediterranean', according to details in the listing. Selling agent Michael Clarke of Clarke and Humel said nearly all the parties who had shown interest in the home so far – a sizeable number – valued the location and block size over the original house. This was despite the house being picture perfect with classical-style architecture: the interior features high ceilings and arched doorways. The front of the home is a brilliant white with Graeco-Roman pillars. Mr Clarke said this was not uncommon in the area, pointing to a string of recent sales near the $15 million mark, where the buyers valued the dirt more than the dwellings themselves. The value of these blocks was mostly in the land itself due to the scarcity of land situated in prime coastal settings, Mr Clarke said. He added that buyers in the ultra-prestige market often wanted to put their own stamp on their properties. 'People move to the beaches partly for the home, but primarily for the lifestyle. They want to look out their window and see the exact reason they spent all that money and effort relocating,' he said. The same pattern was playing out with the Addison Rd property in Manly, Mr Clark said: the serious buyers showing interest wanted to replace the current house with a new mansion. 'Its absolute waterfront, freehold and it has a private sea pool, which is extremely rare in Manly,' Mr Clarke told The Daily Telegraph. 'The home has had several iterations over years. A previous owner had a passion for Italianate architecture. But it does come with full DA approval for a new home and that's where the interest is.' The Manly property is expected to be one of the area's top sales, even as the existing home faces an uncertain future. It's a hard truth of the current market: the prettier the position, the shorter the lifespan of the house on it. Mr Clarke said the trend has accelerated since the pandemic, which fundamentally changed the way Sydneysiders viewed their surroundings. 'We've had an awakening since Covid … We used to get people moving from places like Mosman because they thought Manly was better value. Now, they're choosing Manly first,' he said. 'We found people started looking at their immediate environment in a much more focused way during lockdowns. They began to place greater value on being close to the beach or harbour, and that demand has not eased.'
News.com.au
6 hours ago
- Business
- News.com.au
NSW most viewed homes over the past financial year
They're pure property porn – and Australians can't look away. The most viewed Sydney properties on over the past financial year have been revealed and they're not just fancy, they're next-level ridiculous. From Avalon Beach to Potts Point, and even out to The Central Coast, Aussies have been drawn to mega-mansions, heritage estates, and private waterfront playgrounds — all with price tags to match. SEE THE FULL LIST OF MOST POPULAR HOMES BELOW The most popular home over the past year was a $35 million waterfront estate in Avalon Beach, which is likely to smash the record price for a northern beaches home when it sells. Despite the lavish price, it's actually one of the country's most discounted homes having previously hit the market with a different agent in 2022 for a whopping $50 million. The 1631 sqm block tiers down to a 30m water frontage with a private sandy beach, renovated boathouse, jetty and sheltered berthing for the largest of vessels. Current selling agent Michael Clarke of Clarke and Humel, said the northern beaches had vaulted over other regions as the location Sydneysiders aspired to live in. This was from both luxury buyers and those simply clicking on pricey listings and dreaming of the possibilities. Mr Clarke, who is also selling a Manly home in the top 10 list of most popular homes, said it was the location of prized homes that often mattered more than the houses themselves. 'We've had an awakening since Covid,' he said. 'A lot of the luxury buyers who would have bought near the Harbour are now coming here because they like it better.' Western Sydney's most popular listing was a modern house with a gym, indoor pool, games room full of old arcade machines and a full home cinema with multiple rows of seats. It's for sale for about $4.8 million. Some of the other most popular listings were ultra-lavish properties in the inner west suburb of Strathfield, including one property with living spaces centred around an indoor-outdoor pool. It sold for $8 million. Another popular home in Strathfield came with a basketball court in the yard and the interior opened to a grand hall with a chandelier that dropped across two levels. It sold for $16.88 million. Belle Property Strathfield agent Norman So, who recently sold the $8 million Strathfield home, the second most viewed property, said European aesthetics were becoming popular again. 'A few years ago, the most popular houses were ultra-modern,' he said. 'Everything had to be super sleek. The lines were 90 degrees. That's changed. 'Now it's all about curved lines, more detail and larger interior spaces. It' mostly a French style but updated to modern Australian tastes.' Mr So said the shift was the result of builders trying to outdo each other, each in a quest to chase big spending buyers. 'They often copy what's popular overseas, especially in the USA and China, but the important thing is updating to it Australian-style floorplans because our homes are very different,' he said. 'Some builders do a better job of it than others, so you can have a house on the same street selling for two or three million more and it's not for any reason that's easily explainable. It's just better.' Slavko Romic, principal of RomicMoore Property, is selling a trophy home in Cobbity, the ninth most popular listing, and said it was like nothing else around it. 'It's like a five-star resort,' he said. 'In fact, it's got a bigger pool than most five-star hotels … inquiries have been through the roof. We've had to schedule private inspections otherwise there would just be hundreds of curious people coming to have a look.' No price guide has been disclosed but industry insiders revealed it would likely sell for about $9.5-$10 million. 1. CABARITA RD, AVALON BEACH 2. JERSEY RD, STRATHFIELD 3. GAREMA RD, GWANDALAN 4, SOUTH ST, STRATHFIELD 5. CHALLIS AVE, POTTS POINT 6. CASTLEMAINE CCT, HARRINGTON PARK 7. LESLIE RD, GLENBROOK 8. BERRY CLOSE, GRASMERE 9. COBBITY RD, COBBITY 10. ADDISON RD, MANLY
