The Rise And Rise Of Super Prime
Sydney’s super-prime market is red hot at the moment with high-end property that transcends conventional luxury driving continued growth in this elite sector. According to research from Knight Frank, Sydney holds the number 4 spot out of 12 global markets for super-prime activity (sales over $15m). This rise in popularity of Sydney is a combination of an upswing in buyer sentiment, a shift in market outlook and the ever-growing appeal of Australia as a safe haven to live and invest in.
Alexander Phillips says, “Despite the market being rather choppy in this last quarter of the year, the super-prime market is on fire with premium property on premium streets selling fast and selling well. A good example is yesterday’s sale of 10 Queens Avenue, Vaucluse for a record-breaking $26m. After taking over the listing from another agent, we managed to secure the sale after only six days on the market with the property’s incredible views, perfect aspect and breathtaking design underpinning a phenomenal result.”
Super-prime properties are not just luxurious homes but architectural marvels that offer a lifestyle and experience rather than just a living space and for that you need an exceptional agent who understands this unique market inside and out. Super-prime buyers are looking for something extraordinary and so we’ve lined up four of the best on offer right now in our beautiful harbour city.
A hidden gem on the tranquil harbour foreshore, 14 Parsley Road, Vaucluse is one of only a few properties backing onto Parsley Bay Reserve and just footsteps to the idyllic beachfront and waterfront playground. Immersed in nature and remarkably private, the five-bedroom beauty is set on over 560sqm in one of the most coveted spots in Vaucluse.
If you’re looking for something brand new with phenomenal views, the coastal masterpiece designed by award-winning architect Alec Pappas at 17 Cuzco Street, South Coogee serves up a breathtaking ocean panorama that stretches over Wedding Cake Island to Bondi along with every luxury in an exclusive cul-de-sac adjoining the famed coast walk.
Crowned with what is undoubtedly Bondi’s best rooftop terrace, the extraordinary penthouse at 26/2-4 Notts Avenue, Bondi Beach presents a generational opportunity to buy in a landmark building above Icebergs with iconic 180-northerly views over one of the world’s best-loved beaches as a backdrop to daily life. So close to the ocean that you feel you can reach out and touch it, this is a beachside wonderland like no other!
In a dress-circle setting by the harbour’s edge, the newly built masterpiece designed by Andrew Tzannes of Smith & Tzannes at 9 Beresford Road, Rose Bay is set on a level 693sqm with a sun-blessed NE facing garden with a heated pool as centrepiece to family life and some of Sydney’s finest harbourfront restaurants around the corner.
This week the sales team secured 12 sales with an average price of $4.68m and listed 12 new properties and the management team secure 15 tenancies and listed 5 new properties for lease. Check out the full details of our listings below and please don’t hesitate to reach out if you’d like any further information.