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dwell. on the Northern Beaches

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Secret sales<br />

Belle Property Manly agent Robert Killian is also busy<br />

doing deals with buyers from <strong>the</strong> south side of <strong>the</strong><br />

harbour, with two recent off-market sales going to<br />

purchasers from Clovelly and B<strong>on</strong>di.<br />

Perhaps it was an eastern suburbs buyer who has set a new<br />

2020 Curl Curl/North Curl Curl record in a c<strong>on</strong>fi dential, offmarket<br />

transacti<strong>on</strong> this m<strong>on</strong>th. Killian can’t reveal <strong>the</strong> price to<br />

<str<strong>on</strong>g>dwell</str<strong>on</strong>g> or <strong>the</strong> address but c<strong>on</strong>fi rmed <strong>the</strong> sale is <strong>the</strong> third highest<br />

for North Curl Curl (where <strong>the</strong> record price of $10 milli<strong>on</strong> was<br />

set last August with <strong>the</strong> sale of 18 Dee Why Lane) and <strong>the</strong><br />

latest in a run of off-market sales for Belle Property Manly.<br />

“We’ve had seven off-market sales across <strong>the</strong> suburb<br />

in <strong>the</strong> past 13 m<strong>on</strong>ths, with an average sale price of $2.7<br />

milli<strong>on</strong>,” he says. “I fi nd <strong>the</strong> buyers we’re working with know<br />

<strong>the</strong> market, <strong>the</strong>y do <strong>the</strong>ir homework and <strong>the</strong>y’re pretty savvy.<br />

They’ve looked at a lot of property so when we show <strong>the</strong>m<br />

<strong>the</strong> right property off-market <strong>the</strong>y typically understand <strong>the</strong><br />

price point.”<br />

Killian says activity is centred around family homes, with<br />

buyers “really attracted to that little stretch from North Curl<br />

Curl through to Freshie,” keen to be in <strong>the</strong> z<strong>on</strong>e for Harbord<br />

and North Curl Curl public schools.<br />

Low stock levels are helping to fuel demand, but Killian is<br />

expecting some sellers will list so<strong>on</strong>er ra<strong>the</strong>r than later <strong>on</strong> <strong>the</strong><br />

back of recent str<strong>on</strong>g results.<br />

The Stats.<br />

Nor<strong>the</strong>rn <strong>Beaches</strong><br />

Total sales<br />

Houses:<br />

27<br />

(same<br />

*Week ending July 12<br />

Units:<br />

24<br />

(same<br />

time last<br />

year 56)<br />

time last<br />

year 54)<br />

Median price for houses<br />

$1,850,450<br />

McGrath Double Bay, who has<br />

also listed Iluka Road. With a price<br />

guide of $17 milli<strong>on</strong>, Manning is<br />

planning to smash <strong>the</strong> existing Iluka<br />

Road record of $15 milli<strong>on</strong> set<br />

back in 2007.<br />

“It’s in <strong>on</strong>e of <strong>the</strong> suburb’s most<br />

prestigious roads,” says Manning.<br />

“It’s been completely rebuilt<br />

over <strong>the</strong> past six to 12 m<strong>on</strong>ths<br />

by architect Alexander Roth with<br />

interiors by Marco Meneguzzi.”<br />

Manning says Keighery has<br />

a keen eye for architecture and<br />

design and loves a new project, so<br />

while she “adores this property”<br />

she’s letting it go and looking to<br />

diversify her portfolio.<br />

He agrees with LJ Hooker Aval<strong>on</strong><br />

agent Tom Mackay that COVID-19<br />

has resulted in a surge in demand<br />

for high-end holiday homes as<br />

buyers are denied <strong>the</strong>ir usual<br />

overseas vacati<strong>on</strong>s. He’s already<br />

fi elded “enormous enquiry” <strong>on</strong> <strong>the</strong><br />

fi ve-bedroom home and c<strong>on</strong>ducted<br />

some promising inspecti<strong>on</strong>s.<br />

Meanwhile <strong>the</strong> inbox of Andrew<br />

Blake from Blake Property took<br />

a hammering last weekend as<br />

38 email enquiries piled in after<br />

he launched an ic<strong>on</strong>ic 1970s<br />

residence up <strong>on</strong> <strong>the</strong> ridge in<br />

Ralst<strong>on</strong> Road (above). Blake’s<br />

ph<strong>on</strong>e has since been running<br />

hot for <strong>the</strong> home which boasts a<br />

perfect nor<strong>the</strong>rly aspect, dazzling<br />

views and a history hosting some of<br />

Sydney’s A-list guests.<br />

Blake says <strong>the</strong> fi ve-bedroom<br />

property, <strong>on</strong>ce dubbed ‘The Palm<br />

Beach Party House’, was “<strong>the</strong> place<br />

to be” in <strong>the</strong> 1970s and 1980s, with<br />

countless cocktail parties drawing<br />

<strong>the</strong> cream of Sydney society.<br />

It’s been tightly held by <strong>the</strong> same<br />

family since it was built and boasts<br />

an unobstructed, 180-degree<br />

outlook over Ku-ring-gai Chase<br />

Nati<strong>on</strong>al Park, <strong>the</strong> Central Coast,<br />

Barrenjoey Headland and Cape<br />

Three Points, with expansive views<br />

of Pittwater and <strong>the</strong> Ocean.<br />

Blake describes <strong>the</strong> architecture as<br />

“ahead of its time” and is expecting<br />

interest around $6 milli<strong>on</strong>.<br />

Median price for units<br />

$950,000<br />

*based <strong>on</strong> 12 m<strong>on</strong>ths to July 12<br />

Top reported weekly sales<br />

Houses<br />

$4.125 milli<strong>on</strong> 157 Seaforth Crescent, Seaforth<br />

$2.775 milli<strong>on</strong> 1 Hope Avenue, Manly<br />

$1.885 milli<strong>on</strong> 52 Powderworks Road, North Narrabeen<br />

*as of July 12<br />

Units<br />

$2 milli<strong>on</strong> 4/17 Fairlight Street, Manly<br />

$1.55 milli<strong>on</strong> 6/15-17 Central Road, Aval<strong>on</strong> Beach<br />

$1.43 milli<strong>on</strong> 928/17 Howard Avenue, Dee Why<br />

*as of July 12<br />

CoreLogic Data July 14<br />

<str<strong>on</strong>g>dwell</str<strong>on</strong>g>.sydney July 18, 2020 5

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