In the Eastern Suburbs, there’s an inherent lack of family homes on the market in the $5m to $10m price bracket. This week, Charlie Beaumont sold 145 Bellevue Road, Bellevue Hill to a database buyer after only one day on the market. The stunning four-bedroom French Regency style home with a pool was snapped up as soon as it was released to our database. Charlie says, “There’s a real lack of stock that’s defining the market at the moment and we’re moving buyers around from suburb to suburb. This off-market sale highlights the amount of pent-up buyer demand that really is unprecedented.”

Two of our favourite homes in the east in this price bracket are both listed with our Bellevue Hill specialist Kate Zuppicich. More like a private estate, 37 Bundarra Road, Bellevue Hill is set on a sprawling 1,200sqm landholding with every conceivable luxury and a resort-like pool set amid landscaped grounds and is offered for sale via expressions of interest. Launched just last week, 143 O’Sullivan Road, Bellevue Hill is a beautiful five-bedroom home with a pool between the coastal playgrounds of Rose Bay harbour and Bondi Beach.

Kate says, “We’re finding a real over-supply of buyers at the moment and a marked lack of stock for them to purchase. I have double the number of qualified buyers keen to buy right now compared to the peak of the market this time last year. Part of the problem is people are worried that if they sell, they won’t be able to find a suitable property to move to as stock levels are so incredibly low in the $6m to $9m range. We’ve shown 71 groups through the five-bedroom family home at 143 O’Sullivan Road in just a week which shows just how many active buyers there are looking to purchase a quality family home. With expats returning from overseas, this demand is certain to be further fuelled and with interest rates so low, budgets have increased. It really is a perfect time to sell as there’s an extraordinary amount of demand and the market is incredibly tight.”

We have a number of exceptional properties at the very top end of the market for those with a budget of over $10m. There’s a choice of high-end beach houses in Tamarama including 16 Thompson Street, Tamarama which comes with DA approved plans by Madeleine Blanchfield to build a contemporary masterpiece and 29 Dellview Street, Tamarama with spectacular views over the beach and ocean. In Bronte, the award-winning property at 27 Evans Street, Bronte sets a new benchmark for design presenting an incredible opportunity to secure a landmark home in a dress-circle setting on the corner of Yanko Avenue.

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