Contemporary Harbourside Haven Features in the Luxury Property … – The Market Herald

Enter your search here.
In today’s property highlights, take a look inside a characterful heritage home in Randwick, a recently-renovated residence on the Woolloomooloo waterfront as well as an architectural masterpiece in Killara.
Sitting just six kilometres south-east of Sydney’s CBD, Randwick is known for its trendy, eclectic and family-friendly atmosphere. 
The vibrant suburb is a popular home for families with a population of 28,943 comprising primarily couples with children, over 6,300 of which are in the 25-34 age range.
Over the last three years, the annual house price in Randwick has fluctuated with a recent decline of 2.7 per cent in 2022 setting the current median price at A$3.3 million.
In the two years prior, however, the high-end suburb recorded price growth of 14.1 per cent in 2020 followed by an increase of 25.8 per cent in 2021.
In 2022, a total of 129 properties sold in Randwick, slightly lower than the 192 in 2021. Listings currently spend an average of 31 days on the market.
This gorgeous, three-level Victorian home is the ultimate family sanctuary where living areas are a mix of ornate details, grand design and modern luxuries.
This home goes to auction on February 25 at 11:30am.
38 The Avenue, Randwick, NSW 2031
Offering an unrivalled beachside lifestyle, Bronte delivers picturesque coastal scenes, beautiful parks and million-dollar estates.
Bronte has a population of 7,166 people with a median age of 38 and is home to approximately 1,807 families, almost half of which have children.
As one of Sydney’s finest coastal suburbs, the area commands a median house price of A$5,725,000 with properties staying on the market an average of 35 days.
True to its esteemed status, over the past three years Bronte has recorded significant price growth. In 2020, the median house price of the suburb increased by 12.4 per cent, and in 2021, it climbed by a staggering 50 per cent.
Last year, Bronte presented a further price rise of six per cent with 56 properties sold spending an average of 35 days on the market.
Commanding one of Bronte’s largest landholdings, this 1,100-square-metre architectural masterpiece showcases exquisite design and modern luxury just 150 metres from Bronte Beach.
This home is available to inspect by private appointment.
3 Tipper Avenue, Bronte, NSW 2024
Home to the iconic Finger Wharf lined with restaurants and bars, as well as the local Old Fitz Theatre, this inner-city suburb has a lot going for it. Positioned within easy reach of parks, museums, galleries and nightlife, the locale places everything Sydney has to offer on your very doorstep.
Recording a population of 3,792, Woolloomooloo is a tightly-held suburb where the median age is 39 and households are primarily childless couples. Approximately 71 per cent of households in the trendy suburb are renters, followed by purchasers at 13.5 per cent.
Despite recording a property price decline of 2.1 per cent last year, the median unit price in Woolloomooloo remains at a high A$1,150,750, largely thanks to the 18.9 per cent growth recorded in 2021.
Capturing harbour views from penthouse-style interiors, this recently renovated residence is primed for luxury living.
The property is scheduled to go to auction on March 2 at 6pm.
327/6E Cowper Wharf Roadway, Woolloomooloo, NSW 2011
Situated between Five Dock and Drummoyne, Russell Lea is a family-friendly suburb in Sydney’s Inner West. Along Lyons Road, residents can enjoy a leisurely stroll and coffee at one of the numerous cafes while the nearby Bay Run offers the perfect hiking and cycling track.
Home to 4,920 residents with a median age of 43, the suburb remains popular among couples with children who account for 55.9 per cent of households.
In terms of property prices, the suburb has recorded strong growth over the last few years, particularly in 2021 when prices rose by 46 per cent. A further 4.6 per cent increase places the current median house price at A$2,930,000, which is more than double the median house price recorded in 2013.
In 2022, a total of 56 properties sold with listings spending an average of 34 days on the market.
Defined by its striking architectural facade, this tri-level residence features a full basement garage, gourmet kitchen, four bedrooms, swimming pool and alfresco kitchen.
The Russell Lea property comes with a buyer’s guide of A$5.8 million and is scheduled to go to auction on February 25 at 12:45pm.
16 The Parade, Russell Lea, NSW 2046
A leafy suburb known for its grand homes and affluence, Killara is a peaceful locale that still remains within easy reach of the Sydney CBD. The suburb spans 4.6 square kilometres and is home to a total of 15 parks as well as Killara Golf Club and a handful of eateries.
Killara records a population of 10,620 and a median age of 42. The locale tends to attract families, with couples with children accounting for 55.7 per cent of households. As for household occupancy type, Killara is largely home to outright owners and purchasers, speaking to the suburb’s long-term liveability.
Bolstered by three years of strong property price growth, the median house price in Killara currently sits at A$4.2 million. In 2022, a total of 78 properties sold and listings spent an average of 35 days on the market.
Originally designed by revered Australian architect Ken Woolley, this newly renovated family home boasts luxe finishes, light-filled living areas and an enviable location on a private parcel of land on Springdale Road.
The property is accepting expressions of interest.
6 Springdale Road, Killara, NSW 2071
Copyright © 2023 The Market Herald.

source