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Waterfront juggernaut jumps 410 percent to $9.7m at auction
Waterfront juggernaut jumps 410 percent to $9.7m at auction

7NEWS

time16 hours ago

  • Business
  • 7NEWS

Waterfront juggernaut jumps 410 percent to $9.7m at auction

Mona Vale's prestige Northern Beaches market of Sydney lit up on Saturday as a rare deep-waterfront home changed hands for a staggering $9.7 million, more than five times its last sale price. The architectural residence at 68 Rednal Street, known as Zero Degrees, was offered for the first time in 21 years. Back in 2004 it sold for $1.9 million, but this time around demand was fierce. LJ Hooker listing agent Lachlan Elder said the property was "a rare find in the market," and the crowd of 50 that gathered under a warm sun knew they were witnessing something special. Know the news with the 7NEWS app: Download today The auction began slowly as six registered bidders sized each other up. "It was a cautious start, with everyone waiting to see who would kick it off," Elder said. The opening call came at $8 million, then the pace quickened with bids in $50,000 and $25,000 jumps. Momentum built as the field narrowed, leaving two determined contenders to fight it out for the waterfront prize. From the north-facing terrace to the private jetty, pontoon and heated pool, the home delivered everything buyers could dream of in Pittwater living. When the hammer finally fell, the $9.7 million result underscored the strength of the Northern Beaches prestige market and the allure of once-in-a-generation offerings. With soaring ceilings, a designer kitchen, and a master retreat gazing across Pittwater, Zero Degrees proved irresistible to buyers chasing luxury, lifestyle and an address that rarely comes to market. Capital city auctions surged this week, lifting volumes to a seven-week peak with clearance rates climbing strongly after the August rate cut. Sydney held 720 auctions this week, up 29.5 percent, the highest since June. Preliminary clearance hit 75 percent, the third-strongest result this year. Victorian crowd-puller smashes expectations with rapid-fire bidding landing on $2.53m A double-fronted Victorian in Malvern drew a buzzing crowd and delivered a steadfast result on Saturday, with bidding soaring to $2.53 million before the hammer fell. The home at 63 Dixon Street, set on 401 square metres just steps from Malvern Public Gardens, had already built serious momentum. "Pre-auction saw 83 groups come through," said Marshall White listing agent Davide Lettieri, who described the property as "neat, tidy, liveable" and "a lot of house for the price." With that kind of lead-up, he predicted a "competitive auction" and the scene didn't disappoint. Around 50 people packed into the backyard as the clouds hung heavy overhead, the weather just holding back. Bidding opened at $1.9 million, then surged in rapid-fire $25,000 jumps. By the time the figure reached $2.4 million, the pace shifted to $10,000 strides, the tension building as three determined bidders vied for the keys. In the end, the gavel came down at $2.53 million, the prize claimed by an expat buyer returning from overseas. For the vendor, who had held the house as an investment, it was a strong result that underscored the property's value and untapped potential. With its Victorian faade, dual living zones and scope for renovation or a full-scale rebuild, the Dixon Street address struck a chord with buyers chasing character and location. Malvern's leafy streets, elite schools and café culture once again proved their pulling power, with this auction marking another lively chapter in the suburb's market story. Capital city auctions surged, lifting volumes to a seven-week peak with clearance rates climbing strongly after the August rate cut. Melbourne led with 961 auctions, up 29.5 percent week-on-week, and a 75.5 percent preliminary clearance rate. Renovated Wendouree home proves 'you must be present to win' A fully refreshed family home in Wendouree fired up buyers on Saturday, with seven bidders grinding it out before the gavel dropped at $535,000. The solid brick property at 11 Huntington Street in outer Melbourne, set on 613 square metres, had caught the eye of mixed bidders in the lead-up. Ray White listing agent Cameron Webb said "pre-auction got great feedback from first time buyers and investors," noting the home's strong location backing onto Our Lady Help of Christians Primary School and minutes from Stockland Wendouree. Webb described the three-bedroom home as "a great opportunity". He said "all the hard work has been done. It's been well looked after." He added that "great positioning grabbed the attention of buyers," and the pre-auction interest proved it. Forty people gathered kerbside as the action unfolded, with four bidders joined by phone from across the country, adding to the fever. "It was intense bidding with so many agents holding phones to their ears with one hand and paddles in the other," Webb said. The atmosphere was charged, but the eventual buyer was standing right there, pushing ahead until the hammer fell. "It was great to see a local take home the keys for the win," Webb said. For Wendouree, the sale marked another strong result in a pocket that continues to draw attention from near and far.

Horror moment plane CRASHES on golf course injuring two as golfers rush to help pilot instructor & student on board
Horror moment plane CRASHES on golf course injuring two as golfers rush to help pilot instructor & student on board

The Sun

timea day ago

  • General
  • The Sun

Horror moment plane CRASHES on golf course injuring two as golfers rush to help pilot instructor & student on board

THIS is the shocking moment a plane crashed in a golf course in front of stunned onlookers. Terrifying footage showed golfers enjoying a round before the light aircraft tumbled out of the sky. 5 5 5 The clip shows a Piper Cherokee plane making an emergency landing at the course in the Sydney suburb of Mona Vale. Two men in their 50s miraculously survived the horror crash despite the aircraft ploughing straight into the ground. And the plane also did not hit anyone on the golf course. Flight records show they took off from Camden at around 1pm local time and were set to fly to Wollongong. Onlookers could be heard screaming in horror as the plane hurtled towards the golf course. The terrifying clip shows the aircraft narrowly missing golfers on the ground in the moments before impact. Bystanders immediately rushed over to help at the crash site - with one person heard yelling "f***" as the golfers dashed to the rescue. The body of the aircraft mostly remained in one piece, although scraps of debris were strewn across the course. The plane's occupants were a pilot instructor and a student, according to the Australian Transport Safety Bureau. They reportedly suffered minor injuries and were treated at the scene by paramedics. After this, they were taken to the Royal North Shore Hospital in a stable condition. The Australian Transport Safety Bureau is gathering information about the incident, according to reports. Last month, another small plane crashed into a busy highway in northern Italy. Two people died in the fireball when the light aircraft slammed into the road. A video shows the plane nosediving towards the tarmac before exploding upon impact. Flames engulfed the crash site in the immediate aftermath, leading to the suspension of traffic in both directions. The tragedy took place in Brescia province. It resulted in the complete destruction of the plane, with no one on board surviving. 5 5

Police speak about missing 79-year-old Christchurch woman
Police speak about missing 79-year-old Christchurch woman

RNZ News

time11-06-2025

  • RNZ News

Police speak about missing 79-year-old Christchurch woman

The 79-year old called Elisabeth was last seen on Barlett Street in Riccarton last night. Photo: Supplied Police are set to reveal more details about the search for missing Christchurch woman Elisabeth Nicholls. The 79-year-old disappeared after walking out of the Margaret Stoddart Retirement Village on Bartlett Street in Riccarton last Wednesday night. There were unconfirmed reports of her being seen in Mona Vale at around 10am on 5 June. Elisabeth Nicholls, 79, has been missing since 4 June after walking out of the Margaret Stoddart Retirement Village in Riccarton. Photo: Supplied / NZ Police Elisabeth was wearing blue pants, a dark coloured long-sleeve top, black shoes and has distinctive long blond/white hair. She had been admitted to the facility for respite care on the same day that she disappeared. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

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