1. Warrawee’s ‘Kooyong’ Shows Off an Impressive Renovation and a $9m+ Price Tag

    ‘Kooyong’, one of the Upper North Shore’s largest (although not the largest) and most impressive estates listed today with $9m+ expectations. The 1894-built manse was originally named Upton Gray and designed by the architect Sir John Sulman. Although today Kooyong is undisputedly one of the Upper North Shore’s most prized estates, that status is more of a result of the substantial landholding it’s maintained through the years and less being a bellwether for prestige development in the area. In fact, Sulman’s design of Upton Gray for John Gillespie of the Gillespie brothers’ Anchor Flour Mills was an emulation of Pibrac, Warrawee’s first mansion. Pibrac was designed by John Horbury Hunt, Sydney’s pioneering architect of the Arts & Crafts and ‘North American Shingle’ style. Upton Gray/Kooyong’s design quite clearly pays homage to neighbouring Pibrac’s roof lines (and material), double-storey asymmetry, and idiosyncratic chimneys, while incorporating a mixture brickwork and earth-toned stucco rendering that was quickly gaining steam in the lead up to Federation and the years immediately after. 


    A 1970 view of Pibrac, Warrawee’s first mansion and neighbour to Kooyong, taken by Wes Stacey. Pibrac sold for $7.25m in June 2007.

    Warrawee, like much of the Upper North Shore, began life first as supplier of Sydney’s timber in the early 1800s. As the timber supply depleted, the region’s higher rainfall and elevation proved to be an ideal gardening district with large estates (Big Island Estate, Vanceville Estate, etc). However, the region’s life as a gardening district would not last long. In 1882, plans were announced for the Upper North Shore railway which led the pastoralists to subdivide (prematurely, in some cases) their land in preparation for suburban development. Pibrac was the first substantial estate to be built with construction finishing about a year prior to the opening of the Wahroonga and Turramurra train stations (to the north and south of Warrawee, respectively). Warrawee spent 10 years without a train station and as a strictly non-commercial residential precinct. Even after local resident J. C. Remington successfully lobbied for the opening of a Warrawee station in 1900, Warrawee’s relative prestige compared to Wahroonga and Turramurra was maintained. “The exclusive residential character of the area became more pronounced after the opening of the railway station [in 1900], as prominent wealthy residents, particularly Joseph Beresford Grant, gazumped commercial developers by buying up every site with a possibility for commercial use  and building houses on the sites.” 

    Another interesting aspect of Warrawee’s early growth that historian Zany Edwards can’t seem to get enough of is the prevalence of battleaxe blocks long before the post-war subdivision of large estates gave the term “battleaxe block” provenance in Sydney real estate circles. This was mostly the result of the 1917 subdivision of the Warrawee Garden Estate and the 1920 subdivision of Pibrac. Aside from the newly laid out Pibrac Avenue, no other streets interfered with the 1890 street plan of Warrawee, meaning that large estates (Upton Gray/Kooyong included) were largely invisible from the street and only accessed via driveways sandwiched between inter-war homes that strutted their stuff to the street (see Whit-Hame)


    A 1943 aerial (above) showing contemporary parcel lines. A recent aerial view below showing some impressive Pibrac Avenue comparables.

    But all of this is merely a historic lead-up to assessing where Kooyong stands today. Seeing that the estate sits on over 2 acres of land (only small portions of the estate were subdivided off over the course of its history), it truly is one of the largest landholdings in the region. Although, as one of our most prolific Sydney tipsters pointed out to the Radical Terrace, it is far from being the largest, regardless of what the agents or Margie Blok say. That honour goes to ‘Mahratta’ at 1526 Pacific Hwy in Wahroonga that sits on nearly 7 acres of land; furthermore, 39 Chilton Parade in Warrawee sits on over 10,000sqm of land (compared to Kooyong’s 9,076sqm) and sold for $6m in Nov 2007. Nonetheless, not winning the size crown doesn’t hurt Kooyong’s position. Since last selling for $6.35m in Dec 2008, the owners undertook a rather stunning renovation on the property giving it the appearance of a world class property as opposed to the usual tired Upper North Shore mansion 20 years (or 120 years) past its prime. Once we finally saw the interior photos on the listing, The Radical Terrace admits its surprise at its rather “humble” $9m+ expectations. Seeing that Warrawee record holder 27-29 Chilton Parade sold for $11.5m in Dec 2010, we assumed that Kooyong would at least try to join the $10m+ club. Pibrac Avenue is, without a doubt, the Upper North Shore’s most consistently high-priced pocket of real estate. The Pibrac mansion, now on only 4465sqm, sold for $7.5m in June 2007, and 27 Pibrac on a similar lot size sold for $6.6m back in 2003. Kooyong, aside from being over twice the size of these two properties, is now in far superior interior condition.


    Kooyong’s dowdy kitchen at the time of its 2008 sale (above); the kitchen as it appears today in all it’s rehabbed glory (below).

    Perhaps the subdued price hopes for Kooyong are in response to the seemingly endless supply of Upper North Shore trophy estates that remain lingering on the market. 10 Water Street in Wahroonga, Carinya in Pymble, Roselyn in Killara, Amberleigh Manor and Bolton Grange (both in Wahroonga) all remain on the market. Perhaps most apt for comparison is Kooyong’s architectural (and parcel size) sibling ‘Craignairn’ on a 7100sqm corner lot in Wahroonga. The home has been languishing on the market for years without a buyer.  However, as an insider was quick to point out to the Radical Terrace, the privacy and location of Kooyong, in addition to the knock-out interiors, are sure to justify a far higher price.

    The listing: ‘Kooyong’, 55 Hastings Road, Warrawee

    We eagerly await to learn of Kooyong’s future. In the meantime, check out some impressive interior listing photos and floor plans galore below!

    Read More

  2. Radical Roundup: New & Notable This Week

    VIC

    SORRENTO - It’s not every day that a home with a desirable Point Nepean Road address lists in the middle of winter. Then again, not every home sits so uncomfortably on the inland side of the prestige road. Despite the property’s large lot (nearly 1/2 acre), the weatherboard home itself is left without a water view. It might even be considered a redevelopment opportunity. The home last sold in the summer months of 1999 for $500k. This time around, Bennison Mackinnon agent Germaine Mengoni is hoping for $3.5m+. The listing: 3209 Point Nepean Road, Sorrento

    ——-

    HAWTHORN - An inter-war Hollywood Regency-style home in the hyper-prestigious St James Park Estate of Hawthorn listed this week. It’s on a small parcel relative to other neighbours in the ‘hood.  The St James Park Estate’s most desirable streets are Coppin Grove and Shakespeare Grove that together form a loop hugging the Yarra River with properties cascading down to the riverfront. Sales on these two streets contain some of Melbourne’s most expensive sales; dare I say an even higher concentration of sales over $8m+ than in any other pocket of Melbourne, including Toorak - GASP!  Next-door neigbhour #33 sold for $8.8m in Nov 2011; #24 for $9m in Sep 2010; #21 for $10.75m in Jul 2002; #12 for $17m in Jul 2011; and over on Shakespeare Grove we, of course, have the famous $20.25m sale of #20 back in Nov 2009 that sent the whole property world abuzz. But we digress, the featured property last traded hands for $600k in Apr 1992, a big price for that day. When the Radical Terrace tried to contact the listing agent for their current pricing expectations, we were told that by listing agents “at this stage of the campaign we would prefer to discuss not only the price but the many features this property has to offer.” We take that to mean that listing agents Mark Sutherland and James Tostevin don’t quite know how to price the property. Comps call for a high price, but few other neighbourhood properties sit on such a small parcel of land. Regardless, if the agents won’t price the property, we’ll do it for them: $5m31 Coppin Grove, Hawthorn

    NSW

    CAMPBELLTOWN DARLING POINT - A Mirvac display home with 4 bedrooms and 2 single-car garages listed with price hopes in the low-$4mils. The home last sold - we think - for $3.125m in May 2004; it was after that date that the owners voluntarily - we think - built the house that now stands. Diane Wilson and Michael Finger of Ray White Double Bay have the listing: 5B Hampden Ave, Darling Point

    ——-

    DOUBLE BAY -Margie Blok’s early leak on a rare Double Bay waterfront listing came to market. Richardson & Wrench Double Bay agents Michael Dunn and Robynne Arnouts want $12m for the property; they’ll probably get it, too. 75 Bay Street, Double Bay

    ——-

    WOOLLAHRA - A rare 1860s terrace on Woollahra village’s desirable Holdsworth Street emerged on the market with low-$3mil hopes. That price is testament to its central location and two car spots and not of the interior condition of the home, which ain’t too pretty. The home last sold for $430k in 1990. Kim Jones and Kate McCullagh of Di Jones have the listing: 95 Holdsworth Street, Woollahra

    ——-

    TERRIGAL - A “penthouse” unit in the “Star of the Sea” apartment block in Terrigal reduced its price expectations from “over $2.9m” to $2.78m. It last sold for $2.3m in 2004 and is as character-less as one would expect given its location. Even more surprising than the high asking price is the precedent for apartments over $2m in the block. We don’t get it. Belinda Harris of Century 21 has the listing: 51/8 Terrigal Esplanade, Terrigal

    ——-

    REDFERN - A derelict terrace with (an illegal?) car space came on the market with a $670k ask. It’s on a tiny lot, looks directly at railroad tracks, and is situated in the heart of Redfern’s infamous “The Block” (no, not the over-reported television show). Nonetheless, any inner city terrace with a sub-$750k price is worth taking a look. Dominick Kuneman and Brigitte Blackman of BresicWhitney have the listing: 11 Woodburn Street, Redfern

    ——-

    CLONTARF - A four-bedroom home that’s undergone a hefty Balinese-meets-something-else renovation since selling to the current owners for $1.925m in May 2000 is now on the market for $4.5m. It’s not a big price when considering the past sale price in 2000 and it’s perceived capital value improvements. It is a big price when you realize it’s not on the water. Then again, next door neighbour 5 Russell Street achieved exactly $4.5m when it sold in September 2010, perhaps that’s the comp agent David Rothschild of LJ Hooker Seaforth is using? The listing: 3 Russell Street, Clontarf

    ——-

    POTTS POINT - Previously featured 3/1A Wylde Street in Potts Point now has more photos to perv on. That’s all. Check ‘em out here.

    ——-

    SYDNEY - A rare north-facing unit in the prestigious 1923 block ‘The Astor’ came to market this week with a $3.35m price tag. The 11th floor unit has two bedrooms, two bathrooms, and a car spot. Even more special? The kitchen seems slightly more spacious than most other units in ‘The Astor.’ When The Astor was first constructed, apartments only had a butler’s pantry as the block featured its own communal dining room, much the way New York City apartment blocks did in their nascent days. Richard Cooper of McGrath Eastern Suburbs has the listing: 1101/123 Macquarie Street

  3. Nice Scoop, Margie!

    It hasn’t even hit the open market yet, but Margie Blok landed a solid property scoop: the listing of 75 Bay Street, one of Double Bay’s last-remaining original harbourfront homes. The home has been in the Pockley Family since the 1940s. The home was constructed in 1920 for Merriweather family and has a “tree of local significance” on the property. Seriously. Expect a price well in the eight-digits for the home, boatshed, and 1091sqm of land, despite its poor shape. Michael Dunn of Richardson & Wrench has the listing. 

    And just for fun, here’s an 1874 image of Double Bay with what appears to be the Victorian Gothic style home (at right, near edge of wharf) that the current home likely replaced in 1920. 

    Images courtesy of Google Street View, SMH Title Deeds dated 14 July, and the State Library of Victoria

  4. ‘Family Friendly’ Terrace on the Woollahra Side of Jersey Road Lists in Mid-$2mils

    Jersey Road is a sacred locale in Eastern Suburbs real estate. Once named ‘Point Piper Street’ and serving as the main path from South Head Rd (now Oxford St) to Point Piper Estate in Darling Point (see 1858 Point Piper Estate parcel map when it was first divided and 1878 Sands Directory map below), the road now holds a far more important and unique honour: it is, undoubtedly, a Paddington aesthetic that lives on the road - with rows of uniform Victorian terrace houses, however the east side of the road scores an ever-so-desirable Woollahra 2025 address. Thus makes a “half-and-half” - where one side of the street holds one suburb address and post code, the other side another. These are fun testing grounds for the relative prestige of a suburb name. Back on Jersey Rd, the slightly better-endowed (architecturally speaking, that is) Woollahra side of the road has the added bonus of scoring a quartet of late Victoiran detached villas (numbers 17, 19, 21, and 23), a handful of oddly idiosyncratic one-off terraces (weatherboards and all!), and the handsome church-turned-condos at number 109, anchoring Jersey Road firmly as a particularly beautiful Sydney streetscape.

    (Fun fact: the alleyway behind Jersey Road - ‘Point Piper Ln’ - is, of course, named after its original big brother road.)

    So resting pretty on the east side of the road - next to the quartet of villas and with easy access to Oxford Street - number 9 emerged on the market this past week. Jane Schumann and Gary Sands at Di Jones landed the by-the-book Victorian terrace listing and rightly flaunt the terraces ‘family friendly’ qualities. And by ‘family friendly’ qualities we mean the terrace functions well as a kindergarten art classroom, at least if the listing photos indicate anything. But seriously, couldn’t they have taken some of these pictures down?  The 3-bedroom, 2-bathroom, 1-car spot (the magical 3:2:1 terrace ratio!) and is looking for mid-$2mils. The home last sold for $1.5m back in September 2002, and comps speak well for high prices in this micro-neighbourhood seeing that Oyama, one of the four villas, sold for more than $7m earlier this month.

    Now for some finger painting (and a really big tree)… 

    The listing: 9 Jersey Rd, Woollahra

  5. UPDATE: Vaucluse Waterfront [DOES NOT] go for $18m

    Margie Blok at SMH apparently jumped the gun reporting the $18m sale of ‘Green Gables’ located on the coveted stretch of Coolong Road, just past Neilson Park, and a few doors down from the one-time Sydney price record holder 23-25 Coolong Rd, which sold for $45m (or $47m?) a few years back. 29 Coolong Road is a definite fixer-upper, but sits on an impressive chunk of land totalling 1600sqm. 

    But as Jonathan Chancellor is now reporting at Title Tattle, it turns out Margie got it wrong and the home remains unsold. Ouch.

  6. $25m - nay, $23m - for ‘Kalua’ in Palm Beach Sets Records

    Margie Blok is reporting the $25m sale of Kalua - the Dowager Queen of Palm Beach real estate. The details have yet to be fully leaked, but it’s understood the property sold over the weekend after being on the open market since last year. The price is close to expectations. The 1920-built mansion sits on a gigantic parcel of land fronting Ocean Road. David Edwards of LJ Hooker Palm Beach had the listing and is likely sleeping quite well these days. 

    UPDATE: Jonathan Chancellor is reporting the sale is closer to the $23m mark and that the purchaser of Kalua is none other than Laurie Sutton, the same Laurie Sutton that recently scored $20m for his Mosman estate.

  7. Title Battle: Lists Always Win

    Jonathan Chancellor over at Title Tattle could have broken news of a sale at Point Piper’s Altona (no such sale as yet), but it still would have been no match against Margie Blok’s Title Deeds. She had the ultimate trump card resting in her back pocket: THE LIST. As our readers may know, the Radical Terrace can’t get enough of lists; and we’ve been wanting for a 2011 top sales list. It never materialized in the summer months, but Margie has produced one in this week’s Title Deeds covering the last 12 months. Nice work. Now if only we can get an update to Jonathan Chancellor’s epic roll call back from 2002…

    But now let’s do a bit of LIST ANALYSIS. First off, taking top prize, is the Rose Bay Vaucluse acquisition by the expat Yang Family of a Hillside Ave for $21.5m. It’s an impressive house (designed by Tanner Architects) indeed, but for a non-waterfront, non-“landmark”/”trophy” house to take the top spot. Granted, the home is newly constructed since the parcel of land last traded in 1996 for just shy of $4m, but still, for a home we’ve never “heard of” to take top prize is an unusual event in the Sydney real estate world. However, it irks us that Margie calls the address Rose Bay, when it is clearly north of Towns Road, the established Vaucluse/Rose Bay border. Also to note is the high prevalence of Bellevue Hill non-waterfronts and Mosman waterfronts; a full 3 of the top 5 sales go to Mosman, an unusually high amount for the North Shore suburb and 7 of the top 20 are in the 2-0-2-3 of Bellevue Hill. The Eastern Suburbs once again dominates the list, but without the usual Vaucluse and Point Piper waterfront stalwarts we’ve come to expect. Let’s just pin it on the fact that some of the most desirable homes in Sydney on the market in the last 12 months are still on the market today…

    THE RUNDOWN:

    1. Hillside Ave, Rose Bay Vaucluse, $21.5m (pictured)
    2. Bay St, Mosman, $20m
    3. Hopetoun Ave, Mosman, $19m
    4. Mandalong Rd, Mosman, $18m
    5. Wolseley Rd, Point Piper, $18m
    6. Bayview Hill Rd, Rose Bay, $15m
    7. Wunulla Rd, Point Piper, $15m
    8. Kirkoswald Ave, Mosman, $14m
    9. Wunulla Rd, Point Piper, $13.6m
    10. Victoria Rd, Bellevue Hill, $13.1m
    11. Cranbrook Rd, Bellevue Hill, $13m
    12. Victoria Rd, Bellevue Hill, $12m
    13. Olola Ave, Vaucluse, $11.8m
    14. McLean Crescent, Mosman, $10m
    15. Wunulla Rd, Point Piper, $9.7m
    16. Victoria Rd, Bellevue Hill, $9.5m
    17. Drumalbyn Rd, Bellevue Hill, $9.4m
    18. Angelo St, Woolwich, $9.2m
    19. Drumalbyn Rd, Bellevue Hill, $9m
    20. Ginahgulla Rd, Bellevue Hill, $8.5m 

    The Scorecard: Deeds: 7 // Tattle: 11

  8. Say What?!? Now SMH is Copying The Radical Terrace!

    First SMH’s property editor, Margie Blok, plagiarized former boss (and former SMH property editor) Jonathan Chancellor. Now SMH’s Antony Lawes is hopping on my the-Upper-North-Shore-is-slumping bandwagon. His article (with only one example of a property price falling…you can do better than that, Antony!) touches on what we at the Radical Terrace have been talking about over and over and over again lately: and that’s that Sydney society no longer wants to live on sprawling blocks so damned far from the CBD that characterise the Upper North Shore. 

  9. When a $10m+ Home is Characteristic of its Suburb

    Remember last week when Margie Blok came back with a nugget of Upper North Shore property goodness? Well, her scoop on the massive 5,000sqm Pymble estate - ‘Carinya’ - hit the listings this week with a $10m+ ask. It’s a large price, no doubt, but with Radical Terrace analyzing a bit further, there is something slightly sad about the price and the estate itself. Like much of the Upper North Shore, it seems that it’s hey days are long gone. Let’s travel back in time…

    The North Shore train line opened in 1890 (initially just between St Leonards and Hornsby, but extending south to Milson’s Point three years later) and opened the high ground of the Upper North Shore to residential development. Sydney bankers quickly took to building large country estates with gardens in this isolated pocket of town. However, with continued improvements in infrastructure connecting the communities that lined the Pacific Highway with North Sydney, the Upper North Shore became Sydney’s answer to Philadelphia’s Main Line or New York City’s “Metro North” suburbs (including Greenwich, Connecticut); or in Melbourne terms, it became Camberwell. With the opening of the Sydney Harbour Bridge in the 1930s, the North Shore really flourished. By then, the large residential blocks of land filled with grand federation and craftsmen homes, Carinya included. The perceived overdevelopment of much of the Eastern Suburbs pushed Sydney WASPs money. By the 1980s, Wahroonga, one of Pymble’s neighbours-to-the-north, was considered among the most expensive and desirable suburbs in Sydney. But my how the mighty have fallen. In the past 6 years, not a single top-10 sale was recorded in the Upper North Shore. In 1999, Carinya sold for $4.7m, now it’s ask is about double that. In that same period, homes in Paddington have, anecdotally, tripled or quadrupled in value.

    Digging into the interiors of this house reveal the current nature of Pymble: once elegant, still alright, but a bit tired around the edges. That said, Carinya, located on the posh Telegraph Road, is certainly one of the Upper North Shore’s best (read: largest). The federation front is nice, the interior historic detailings are well-maintained, and the land is very, very large (tennis court, pool, two dwellings, three titles). 

    Robert Ward of LJ Hooker Wahroonga is has the listing: Carinya, 37-39a Telegraph Road, Pymble

  10. Holy Shit! Did Title Deeds Just Plagiarize Title Tattle?!?

    Jane Place just got a little bit cozier…

  11. Title Battle: Deeds or Tattle? Hot Damn! Margie’s Back!
Nipping on the heels of Jonathan Chancellor’s 6-week run at the top of Title Battle, Margie Blok has rejoined the game. Last week (which Radical Terrace sadly was unable to offer a complete report on), Margie’s Title Deeds beat out Title Tattle with her coverage of the $14m Vaucluse non-waterfront listing only a day after this publication covered the house. Margie than made notice of the buyers of Mandolong, another Radical Terrace favourite; top that off with tales of an Elizabeth Bay penthouse and Deeds beat out Tattle last week. 
Of course, that’s not to say Tattle didn’t try. It was a Victorian-heavy week for Chancellor (unfortunately, for Title Battle purposes, we only really count NSW property scoops to be fair to both parties) and the sale of a home in Kew’s Studley Park Estate, a listing that seemed to haunt the classifieds for far too long than its architectural pedigree would indicate.
And this week? It went to Margie again. Two in a row! And all for her grabbing a listing that hasn’t even hit official listing pages yet of Domain or Realestate.com.au. ‘Carinya’ on Pymble’s desirable Telegraph Road is apparently on the market with $10m+ hopes through LJ Hooker Wahroonga agents Andrew Manion and Robert Ward. Radical Terrace has a lot to say about this record listing, especially the fact that it may reset the Upper North Shore market for the worse, seeing that it sold a full-priced $4.7m in 1999, one would expect the hopes to be a bit higher. But methinks this is indicative of the overall slump in desirability of the Upper North Shore. 
Tattle did some good too. We’re excited for the Toorak mansion showdown on Towers Road, and many other nuggets of real estate goodness were found in his Tattle. It just wasn’t Carinya…
That said, this week’s Title Battle wasn’t without a bit of drama. But that gets its own post, so stay tuned! Nonetheless, two points to Title Deeds.
The Scorecard: Deeds: 6 // Tattle: 11

    Title Battle: Deeds or Tattle? Hot Damn! Margie’s Back!

    Nipping on the heels of Jonathan Chancellor’s 6-week run at the top of Title Battle, Margie Blok has rejoined the game. Last week (which Radical Terrace sadly was unable to offer a complete report on), Margie’s Title Deeds beat out Title Tattle with her coverage of the $14m Vaucluse non-waterfront listing only a day after this publication covered the house. Margie than made notice of the buyers of Mandolong, another Radical Terrace favourite; top that off with tales of an Elizabeth Bay penthouse and Deeds beat out Tattle last week. 

    Of course, that’s not to say Tattle didn’t try. It was a Victorian-heavy week for Chancellor (unfortunately, for Title Battle purposes, we only really count NSW property scoops to be fair to both parties) and the sale of a home in Kew’s Studley Park Estate, a listing that seemed to haunt the classifieds for far too long than its architectural pedigree would indicate.

    And this week? It went to Margie again. Two in a row! And all for her grabbing a listing that hasn’t even hit official listing pages yet of Domain or Realestate.com.au. ‘Carinya’ on Pymble’s desirable Telegraph Road is apparently on the market with $10m+ hopes through LJ Hooker Wahroonga agents Andrew Manion and Robert Ward. Radical Terrace has a lot to say about this record listing, especially the fact that it may reset the Upper North Shore market for the worse, seeing that it sold a full-priced $4.7m in 1999, one would expect the hopes to be a bit higher. But methinks this is indicative of the overall slump in desirability of the Upper North Shore. 

    Tattle did some good too. We’re excited for the Toorak mansion showdown on Towers Road, and many other nuggets of real estate goodness were found in his Tattle. It just wasn’t Carinya…

    That said, this week’s Title Battle wasn’t without a bit of drama. But that gets its own post, so stay tuned! Nonetheless, two points to Title Deeds.

    The Scorecard: Deeds: 6 // Tattle: 11

    Pin It
  12. Title Battle: Deeds or Tattle?

    Once again, Chancellor and his team at Tattle takes the crown. It was close though, namely because Margie over at Title Deeds broke news of the sale of The Radical Terrace’s favourite home north of the Bridge - the twice-featured Mandolong House - in Mosman. Setting a non-waterfront record for the suburb (but far off the non-waterfront record in Sydney; that honour goes to the $32.4m Craig-y-Mor sale in Point Piper), 17 Mandolong Street clocked in at $18m selling through Brendan Warner, whom Margie quickly points out is responsible for three other $10m+ sales in the suburb. The Radical Terrace thinks it may see where Margie’s tips are coming from…and we like it! Margie also represented the Eastern Suburbs with news of Nicole Hunter’s Olola Avenue house in Vaucluse selling around the $11.9m mark. Seeing that Hunter purchased the home for $8.5m in 2002 and hope to fetch $15m+ for the abode today, we can only guess she’s a bit disappointed with the massively discounted sale. 

    But Title Tattle didn’t fail to impress; most noteworthy was their subtle notice of a depression in Hawthorn prestige prices, noting the ~$8m sale of a Scotch Hill “original” that previously sold for $9m in 2007. The home was featured on The Radical Terrace last month. Chancellor’s Tattle continued on their Victorian property binge reporting on the sale of Mt Martha’s rather odd ‘Glynt Manor’, the even more peculiar mansard-roofed Coburg mansion ‘Kalimna’ (that we featured last week), and the tough-to-sell Newport weatherboard of Scott Pendlebury. However, what really gave Title Tattle this week’s edge was a much-appreciated Radical Terrace shout-out and a LIST! You know we love lists, and even better: a list of 2011’s most expensive suburbs. Chuck in a tale of ‘Swifts’ property drama in Darling Point (this time it’s a noise complaint; the mansion is a sponge of drama), and you’ve got yourself a winner with Title Tattle.

    The Scorecard: Deeds: 4 // Tattle: 11

  13. Title Battle: Deeds or Tattle? 

    Once again, the award goes to Title Tattle. Margie’s Title Deeds is losing steam (perhaps do to the overall decline of Domain?), but she still has enough gumption to pull up some gems. Most notable of Title Deeds big breaks this week was reporting on the circa $20m sale of the Sutton family’s waterfront holding in Mosman. The Bay Street property was hoping to break Mosman price records, but likely fell short a few million bucks (despite sitting on the largest private waterfront landholding in the sacred 2-0-8-8 post code). Had the property not been on the Quakers Hat Bay (otherwise known as the Sylvania Waters side of Mosman), it likely would have eclipsed Mosman records. But we digress, just like Margie did by reporting on the Point Piper estate we covered last week (*yawn*) and fashionista Lisa Ho’s Randwick sale that caught the attention of Title Tattle a double-digit number of days ago. 

    Tattle, on the other hand, racked up some brownie points by discussing the never-fails-to-impress (and totally crazy) Rose Porteous’ Toorak apartment listing ($6m+ hopes), matched Margie’s reports on a full-floor listing in Potts Point’s Villard building (arguable the third-best apartment block on Macleay Street), tied our efforts by reporting a few days late on Rose Bay’s ‘Lynton’ mansion listing, and continued to leak his inside information about any McGrath listing - this week being “quiet sale” of the “one-time Woollahra record holder” Eltham (note: Jonathan Chancellor misspelled the estate “Etham”, likely confusing the Woollahra mansion with the Darling Point street that he’s reported on many a time). We’ll see what that price comes in at. The Radical’s guess is $13m+ (it previously sold for $9m in 2006 and $5.15m in 2004). Ben Collier handled that one.

    The Scorecard: Deeds: 4 // Tattle: 10

  14. Title Battle: Deeds or Tattle? Tattle!

    Margie Blok and her cohorts at SMH’s Title Deeds definitely picked up their game this week; a marked improvement on last week’s lacklustre showing. This week, Deeds highlighted the unique $9m+ penthouse of John and Patti David which graces the 26th floor of the Observatory Tower and has a terrace worthy of a suburban backyard in Pymble. Tacking on that penthouse listing, Blok makes mention of the Watsons Bay abode we discussed a few days back, the pretty ordinary-looking (but extraordinarily priced) Darling Point apartment that’s asking $6m+, and a Redfern (Redfern?) apartment held by the perpetually-awful Holmes a Court family.

    But was it enough to eclipse Chancellor’s rocking and rolling? Not quite. In addition to leaking the extraordinary Leslie Wilkinson-designed Point Piper mansion, Tattle made mention of Castle Cove’s uniquely ugly and expensive Neerim House that appears to have found a buyer around $11m mark. Chancellor then backtracked with the yawn-inducing tale of that over-publicized and entirely lame apartment-styled cruise ship that seems to only interest the geriatrics. But Chancellor, never failing to impress, proceeded to bust out a laundry list of notable sales and listings from Lisa Ho’s Randwick House to the Perini Family’s Neutral Bay residence (that’s overpriced at $8m+ with a crap-tastic renovation). The American icing on the cake was his news of Paul Hogan’s Malibu abode (that he likely picked up from Curbed). 

    A hint for Blok: It’s time for SMH to do a property blog. Waiting til Saturday for the print edition of Domain is pretty 20th Century, if you ask us.

    The Scorecard: Deeds: 4 // Tattle: 9

  15. Title Battle: Deeds or Tattle? It’s Tattle!
It’s a pretty quiet week in residential listings, but Jonathan Chancellor still wins this week’s award. What happened, Margie? No trophy listings, no tales of property intrigue. Title Tattle definitely cleaned it up.
The Scorecard: Deeds: 4 // Tattle: 8
Pictured: Alex Popov-designed manse in Mosman, asking $10.5m+

    Title Battle: Deeds or Tattle? It’s Tattle!

    It’s a pretty quiet week in residential listings, but Jonathan Chancellor still wins this week’s award. What happened, Margie? No trophy listings, no tales of property intrigue. Title Tattle definitely cleaned it up.

    The Scorecard: Deeds: 4 // Tattle: 8

    Pictured: Alex Popov-designed manse in Mosman, asking $10.5m+

    Pin It