Domain Prestige - March 17, 2021

17 MARCH / 2021

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

SWEET DREAMS Wake up in paradise

South Melbourne Townhomes.

Coming Soon.

Three-bedroom carefully considered townhomes.

Each unique home offers treetop views and a sense of privacy. Luxury often sought but rarely found, R.Iconic features 38 world class amenities designed to enhance physical, mental and social wellbeing.

Starting from $2.8M. R.Corporation.

Everything considered.

Artist impression

Experience Melbourne’s best-selling project for yourself at our flagship store – now open!

367 Collins Street, Melbourne Register your interest. riconicmelbourne.com.au/iconic/townhomes 1300 970 650 Selling Agent

B y K ATE FARRE LLY

Freshwater Sydney 48 Ocean View Road $10 million-$11 million J E N M E LO CCO

5

3

3

Auction: March 9 Agent: Clarke & Humel Property, Mike Dunn 0409317 355 In every city there are the superstar luxury suburbs and then there are

Crafted from raw timbers, off-form concrete,

the quiet achievers. The latter, and their residents, are happy for the

copper and extensive walls of retractable glass,

blockbuster locations to take the lion’s share of attention. In fact, some of

this Brewster Hjorth-designed home spans three

their residents say the fact that they fly under the radar is one of their great

levels, each claiming spectacular views of the

assets. Take, for example, Collaroy on Sydney’s north shore which is the

beach, ocean and Manly’s North Head. There are

subject of this edition’s Living In. “Growing up, people would say ‘Where’s

Gaggenau and Miele appliances in the kitchen,

Clontarf?’, and that’s what we love. It’s still a bit of a hidden gem,” says

heated terrazzo flooring and a rooftop garden.

resident Andrew Vacopoulos, who spent his childhood in the suburb and then returned with his own family some years later. Likewise LIndfield, also on Sydney’s north shore and the location of Garden House in our Yellowtrace feature story. The leafy surrounds of the suburb are reflected in the home with its interior palette dominated by deep, verdant green.

Editor: Jen Melocco Jen.Melocco@domain. com.au Editorial producer: Paige Tonna Group picture editor: Vashti Newcomb Senior designer: Colleen Chin Quan Graphic designer: Emma Staughton National managing editor: Alice Stolz Group director, Consumer: Jason Chuck Chief executive officer: Jason Pellegrino

HOT PROPERTY

DESIGN DIGEST Colour your world

Residential sales: Queensland Brad McLeod 0429 571 826 New South Wales Belinda Sinclair 0414 580 903 Victoria & Tasmania Mitch Armstrong 0438 820 767 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797

YELLOWTRACE Garden of delights

7 8

Digital edition Visit domain.com.au/ digitaledition

O U R COVE R 15 Wharf Street, Port Douglas

ANSON SMART

LIVING IN A hidden treasure

Listed by Queensland

4

Sotheby’s

THE PROPERTY INVESTOR

PAG E 5

Head west

PR E ST IGE

11 13

Castlecrag Sydney 36 Sunnyside Crescent $5 million-$5.5 million

5

3

2

Auction: March 27 Agent: McGrath Northbridge, Harriet Halmarick 0415 739 009 This five-year-old Giles Tribe-designed family home has been built to maximise its valley views and northern light. Over four levels with lift, it has floor-to-ceiling glass, an American oak kitchen with butler’s pantry, a wholefloor main retreat with study and balcony, plus a smart home system.

Port Douglas Far North Queensland

Brighton 15

Wharf Street

$7.5 million-$8 million

4

3

Melbourne

7

Normanby Street

$8.5 million-$9 million

6

4

3

Expressions of interest: Close April 9

Expressions of interest: Close March 24

Agent: Queensland Sotheby’s International Realty,

Agent: Marshall White Bayside,

Barbara Wolveridge 0418 760 004

Stephen Smith 0423 266 231

There are uninterrupted views to the Coral Sea and mountains from this

Lush gardens with a pool, a classic Victorian

John Morris-designed oceanfront residence, which commands premium

facade and just footsteps from foreshore

rates as a holiday home. The two-level property has a 12-metre pool.

walks and the beach make Clutha a real find.

PR E ST IGE

5

DESIGN DIGEST

Kaleidoscope designs Presenting a masterclass in light, colour, and shape, these designs have a sense of playfulness. C o m p i l e d b y PAU LIN E M O RRIS SE Y COLOUR YOUR WORLD The Basel F1 Floor Lamp’s colours can be customised, including lighting hues, in this collaboration between ADesignStudio’s Alex Fitzpatrick and artist Dina Broadhurst. adesignstudio.com.au

RIGHT ANGLES Designed by MUT Design for Pulpo, the Aspa Tables consist of five textured chapel glass panels which create a delicate play of colour and light. They are available in three sizes through DOMO. domo.com.au

ROHAN VENN PHOTOGRAPHY

AGAINST THE WALL Crafted from

OPEN AND SHUT CASE In collaboration with Stylecraft, designer Elliat Rich presents the Different

mouth-blown glass,

overlap to add intrigue. stylecraft.com.au

Thoughts collection. Available in cyan and violet frosted acrylic, the two differently coloured doors

The Domi wall sconce showcases a light bell-shaped shade that gives a sense of weightlessness.

It’s available in varying metal finishes along with diverse shade colours. articololighting.com

PR E ST IGE

7

COURTESY OF JONES

“ We kept f inding ourselves drawn back to the concepts of timelessness, tranquillity and escape.”

YELLOWTRACE

b y DANA TO MIC H U G H E S

A joyful celebration of opposing forces

N

orthern Italian palazzo vibes are strong inside this awe-inspiring house in Sydney’s upper north shore, designed in collaboration between Polly Harbinson Design and Arent&Pyke for Harbison’s sister and her family.

Garden House is a spectacular forever home in Lindfield that evokes a sense of tranquillity and timelessness while responding to the clients’ passion for the landscape, art and colour.

The building carefully frames and reveals the client’s beloved garden. Harbinson orchestrated a series of vistas out to the verdant surrounds while allowing uninterrupted visual access from the garden back inside. The architecture graciously allows the landscape, created by Concept Green’s Tom Ellicot, to act as the star.

8

PR E ST IGE

“The [new] floor area is not large; however, the rooms take on an exaggerated size, with soaring ceilings and super-wide walls,” says Harbinson.

A thoughtful play on proportion moves from the existing domestic scale at the front of the house, opening up to the grand proportions of the new extension that responds to the lush garden at the back.

“This change of scale between old and new creates the illusion that you could almost touch the end of the garden 100 metres away”, she says.

A new kitchen courtyard sits at the existing building’s confluence with the new extension; complementary materials knit the old and the new together. The children’s area and the living room are retained in the existing building to the front, while the new extension accommodates

the main bedroom, the en suite and the gardenfacing living area.

“When conceiving the interiors of the Garden House, we kept finding ourselves drawn back to the concepts of timelessness, tranquillity and escape,” says Juliette Arent of Arent&Pyke.

Her co-director, Sarah-Jane Pyke, adds: “But even though we collected a wide array of global design references, from South America all the way through to the northern most parts of Italy, there is still something distinctly Australian about the Garden House’s bearing.”

Drawing inspiration from the heady mix of plants, trees and flowers in the garden, the interiors reveal a sequence of rich colours and textures. Deep green and burgundy joinery sit alongside chequered white and green terrazzo

The intersection of opulence and restraint between the interiors and the building shell delivers a delicious sense of tension.

PHOTOGRAPHY BY ANSON SMART \ STYLING BY STEVE CORDONY

flooring, honeyed timber and marble. Instead of feeling overdone or overladen with materials, the spaces are bold yet graceful and calm.

For my money, the real success of this project lies in the seemingly opposite qualities of the interior and the building shell. It delivers a delicious sense of tension through the unexpected intersection of opulence and restraint. With an unparalleled knack for creating emotionally resonant and joyous spaces, Arent&Pyke have masterfully bejewelled Harbinson’s rigorous and monastic approach to architecture. The Garden House is a masterclass in balance, delivering a singular vision that celebrates the strength of the opposing forces at play. Extreme love! yellowtrace.com.au

PR E ST IGE

9

L E SS T H A N

25 A PA RT M E N TS R E M A IN

NIKI PEINKE

0411 428 117

CLARE NATION

THE PROPERTY EXCHANGE

0400 586 281

CHELSEA PEINKE

0423 384 317

LIVING IN

27.2463° S, 153.0827° E

CLONTARF

This sophisticated northern beaches suburb is quiet and tucked away but within easy reach of Sydney’s CBD. B y K ATE FARRE LLY When Andrew Vacopoulos was a teenager, he

stand-up paddling with the kids followed by a

was given him the nickname Storm Boy because

coffee from Bosk or The Sandy Bear.

the keen windsurfer would head out on Sandy Bay whenever the southerly busters rolled in.

Today, Vacopoulos says his windsurfing was

12 months, property turnover in Clontarf is low.

4

2

3

“Some people have lived here for 40 or 50 years

says. “I grew up on the beach. I had a pet seagull

– they move in and decide to stay put,” he says.

that used to come with me when I paddled

“Even though it’s in among the top [Sydney]

around on my surf ski. Every morning and

suburbs, it’s one that sits under the radar.”

learning about sailing, fish, sea life. For a kid,

Hidden gem

it’s just amazing.”

Looker says the “low-key” nature of the suburb is

wife Alexandra, but last year he convinced the

$2.5 million

working from home and, while inquiries from

up in Clontarf in Sydney’s north.

He moved across to Mosman when he married

Sydney 2 Ogilvy Road

estimates up to 35 per cent of residents are now prospective buyers have increased over the last

afternoon your toes are in the sand, you’re

Clontarf

Clarke & Humel agent Kingsley Looker

part and parcel of a fairy tale childhood growing “Clontarf Beach has been my backyard,” he

YOU MAY LIKE ...

a drawcard for “captains of industry”.

“Many residents could afford to live in virtually

family, which includes daughter Sophia, eight,

any area of Sydney, but they like Clontarf

Auction: March 27

and son Nick, six, to return “home”.

because it’s sleepy and tucked away, and it’s got

Agent: Belle Property Seaforth,

a certain understated sophistication that seems

Matt Brady 0411 606 662

to really suit that kind of clientele,” he says.

It’s a short stroll to Castle Rock Beach from this

Family favourite “[Alexandra] has always lived in Mosman, so I like

While Clontarf Reserve is a magnet for out-of-

to joke and say I swam across the ditch, married

area visitors on weekends with its picnic grounds,

spaces on each level and three al fresco spaces,

her and brought her back here,” says Vacopoulos.

kiosk, boat-themed playground and netted sea

including a balcony with filtered Middle Harbour

“But she loves it – we all do. It’s more relaxed

baths, weekdays tend to be calm and quiet.

views. There’s also an office and lots of storage.

over this side and there are so many young families here now. It’s not much farther from the city ... but closer to the surf beaches.”

The couple are able to work from home running financial planning company Crest Financial Advice, and they like to start the day going

two-storey home, which comes with living

For Vacopoulos, living in Clontarf feels like living a far-north-coast lifestyle within reach of the CBD. “Growing up, people would say ‘where’s Clontarf?’, and that’s what we love, it’s still a bit

Residents say once

Hover your camera over the

of a hidden gem,” he says.

you’ve lived in Clontarf

code to see Domain listings

it’s hard to leave.

in Clontarf

“I think we’ll be here forever.”

PR E ST IGE

11

Penthouses

Artist impression

As the ultimate expression of pride and prestige, the highest point of Monument provides two extraordinary penthouses for those who wish to see and be seen.

Each penthouse takes the journey of living at Monument to the next level with extraordinary views in every direction and the rare addition of a swimming pool.

Monument – twenty two parkside residences and two unprecedented penthouses. Register for a private viewing at the onsite display gallery, 608 Orrong Road Armadale 3143.

Marcus Chiminello 0411 411 271 Nicole French 0417 571 505

monumentarmadale.com

THE PROPERTY INVESTOR

ISTOCK

Perth sails out of the doldrums Property in most price ranges in the West Australian capital look currently undervalued. B y SU E WILLIAMS

W

“Eighteen months ago, we saw lots of ad for company decisionmakers to head to Perth ... and many will stay.”

allowing in the property market doldrums for the last 10 years, Perth has suddenly shot back into the spotlight with some of the country’s strongest price growth and fastest-rising rents.

Last year, it was the lowest-ranked Australian city in Knight Frank’s Prime International Residential Index, with the annual price growth of luxury homes at a sluggish 0.9 per cent. Now, it’s the top city, at 3.6 per cent, compared with the Gold Coast’s 3.2 per cent, Sydney’s 1.1 per cent and Melbourne’s 0.9 per cent.

“When you look at the Perth market in 2020, it wasn’t as impacted as the others by the pandemic; it enjoyed a recovering resources sector, resilient commodity prices, an improving economy and a growing population,” says Michelle Ciesielski, Knight Frank head of residential research.

“COVID-19 made a lot of people re-evaluate how they want to live, and we’ve seen many people decide to relocate to more lifestyle cities, like Perth, Brisbane and the Gold Coast.

“Eighteen months ago, we saw a lot of ads for company decision-makers to head over to Perth

from multiple cities, and many will stay, and we’re expecting another 3 per cent growth this year.”

That flood of people, predominantly from the resources industry, support businesses and financial services, helped squeeze the rental vacancy rate from its old 7.7 per cent to less than 1 per cent today.

“Long-term, the best return is always on the best properties.”

Perth property in most price ranges looks currently undervalued, with the rebound being felt across the luxury and mainstream markets.

Recent research conducted by the Real Estate Institute of Western Australia (REIWA) also found that the current vacancy rate of 0.8 per cent is a 40-year low.

“Usually, in that kind of situation, you’d expect investor finance of about $1 billion a month,” says REIWA president Damian Collins. “But right now, investors are thin on the ground.

They’d normally be 40 per cent of buyers, but now they’re down to around 20 per cent.

“I think the moratorium on increasing rents on existing tenancies because of COVID-19 put them off, but now that’s lifting on March 28.

Then we need investors to come back as we’re in the middle of a real rental crisis with so few properties. Our growth yield is very good too at about 5 per cent, compared to 3 to 3.5 [per cent] for Sydney and Melbourne.”

Rents are already showing sharp increases because of the shortage of properties, says Helen Bond, of Ray White Inner North.

“We have an abundance of people arriving at rentals and putting in offers [of] more than the property is asking,” she says.

“You might have 30 to 40 people coming to inspect a rental that’s asking $600 a week, and people are saying they’ll happily pay $630, $640, $650.”

And the best properties to buy as investments?

William Porteous, from his eponymous company, says it’s easy to make a quick buck buying apartments, refurbishing them and then turning them over.

“But long-term, the best return is always on the best properties,” he says. “Four, five and six-bedroom houses, renting at $1500 to $2000 a week, are highly sought after.”

PR E ST IGE

13

Max’s Beach House 310 Great Ocean Road Fairhaven A once in a lifetime opportunity in the form of the iconic Max’s Beach House. Sitting on the primary dune above the magnificent 6km long Fairhaven beach, it is arguably the best position on the west coast of Victoria and was made famous after the original 1979 Mad Max movie was filmed there.

Despite its prominent location, the 5BR property offers the extremely rare combination of beautiful views, immediate access to the beach and total privacy. With the breaking surf almost in your garden and a panoramic view that includes looking directly along the top of the dune at the historic Split Point Lighthouse, there is simply no location like it.

Offers required by 19 April 2021.

$10,800,000 - $11,800,000.

Inspection strictly by private appointment.

Marty Maher 0419 505 279 Mim Atkinson 0408 912 533

greatoceanproperties.com.au

we sell great ocean properties

63 Warrina Crescent, Burleigh Waters, GOLD COAST Coastal Class in a Lifestyle Locale Brand New Australian coastal inspired family residence on 625sqm -

Enjoying 40 squares of prestige living, custom built with superior finishes throughout Open plan living with high ceilings, ocean breezes & hidden built-in bar cabinet Gourmet style 2pac kitchen Natural Quartzite benchtops, walk through Butler's pantry Raised dining with built-in seating overlooking outdoor entertaining, fire pit & sparkling pool Master suite with custom walk-in robe, luxury ensuite featuring Terrazzo tiles Upstairs bedrooms are all spacious & feature designer built-in wardrobes Ground floor bedroom with built-in robe, deluxe bathroom & personal balcony Stylish main bathroom with indulgent freestanding bath and high end finishes Enormous laundry/mudroom with designer tiles, storage space & outside access French oak timber flooring, customised reclaimed timber & brick artisan wall Double carport with storage room, lush landscaping, private grassed area, outdoor shower Located in a prime position, 500m to the beach, walk to James Street Burleigh Heads

5

3

2

auction 3pm Saturday 27 March, On Site

open Saturday 11am-11:30am

contact Will West 0404 227 952

Headline ‘Property Name’, Location, State • Puda dit reptatiis as rae nos quiasitatiat ut latquam qui • Daut quia et offictaquam, veliquati rem et ereped mo beat • Codigenimus restrum fugiae. Haribusam harumqu iatur • Quia illat volutem aut quam re, sendipsam que pelignim • Stfugitias vero debitem illis mincipsamus.

• Es aut labores doloris cuptaero tem et aperfer itatque • Maximos sanim nobisciet pel magnis ducidi aut quia quias

raywhiterural.com

Sale Method Date, time Location View Insert time

Agent Number Agent Number Ray White Rural [Office]

*approx.

Luxury Beachside Living

Narrabeen

5 Goodwin Street

5 beds

4 baths

2 cars

Visit

Auction

Agent

Agent

As advertised or by appointment

Thursday 1st April at 6:00pm In Rooms

Peter Mosedale 0408 177 207

Phil Feseha 0423 502 407

This luxurious beachside home combines state-of-the-art interiors with a resort-like ambiance creating a sumptuous family haven crafted to last a lifetime. A dynamic interplay of light and space featuring extensive use of glass floods the home in sunshine and creates a seamless transition between indoors and out.

View videos, photos and more of this amazing property and to see all our listings visit

upstate.com.au

One Chance, 15 Wharf Street, Port Douglas Oceanfront Set between tropical landscape and the Coral Sea is one of Queensland’s most iconic beach houses, 15 Wharf Street. The oceanfront four bedroom home has multiple living areas - inside, outside, and poolside - to be relished as an exquisite holiday home commanding premium rates or a year-around residence. Timelessly designed, its understated architecture epitomises style and sophistication creating a cocoonlike sanctuary. Designed for modern living with uninterrupted views across the turquoise sea to the mountains.

www.queenslandsothebysrealty.com

4

3

1

15 Wharf St, Port Douglas For Sale: Expressions of Interest closing 9th April 2021 Barbara Wolveridge 0418 760 004 barbara.wolveridge@qldsir.com

kayburton.com.au