16 MAY / 2018
PRESTIGE THE BEST IN AUSTRALIAN PROPERTY
POINT OF RETURN Graced with lacework
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T RULY
L A PYRENEE BY SIGNATURE
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GR AND
DESIGN .
CLASSIC PROVINCIAL STYLE BY SIGNATURE La Pyrenee is inspired by the elegance of European baroque design. This is a contemporary and luxurious re-fashioning of French Provincial living. Soaring spaces and remarkable attention to authentic detail make this a statement home for those who expect more and wish to express their sense of style. Use our design as your starting point as you create your very own Signature by Metricon home with our help. Grand design, that’s always refreshingly affordable. And always as unique as you.
[ CALL 13 88 80 TO ARRANGE A SIGNATURE BY METRICON CONSULTATION ]
S I G N AT U R E B Y M E T R I C O N S H O W H O M E S O N D I S P L AY VICTORIA La Pyrenee, Balwyn. The Somerset, Glen Waverley. The Bordeaux, Greenvale. The Bayville, Brighton. NEW SOUTH WALES The Bordeaux, Kellyville. The Lindrum, Dee Why. QUEENSLAND The Bordeaux, Rochedale. The Meridian, Hope Island. The Lavelle, Brookwater. SOUTH AUSTRALIA The Somerset, Craigburn Farm by Metricon.
B y K ATE FARRE LLY
Hamilton Brisbane 16 Hillside Crescent $6 million + J E N M E LO CCO
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Expressions of interest: Close May 24 Agent: Ray White New Farm, Christine Rudolph 0400 943 984 Australia is a nation that has the home-improvement bug bad. And
Originally built for Castlemaine Brewery co-
nowhere is that more noticeable than at the top end of the market, where
founder Kate Quinlan, this 1880s Victorian filigree
home renovations come with multimillion-dollar price tags. Take a tour
villa was designed by John Hall and Son and built
around the premier suburbs across the country and the streets are awash
using both local and imported materials. With a
with builders’ vans and a procession of interior designers and architects
massive 41.5-metre frontage presiding over
turning owners’ domestic desires into reality. This week, our feature story
impressive river and city views, the home is
looks at the figures spent on home renovations in our top suburbs and
packed with period details and comes with a
examines how those pay off in the quality of life today – and when it comes
pool and manicured gardens.
time to sell. Meanwhile, for those looking for homes that are already picture perfect, we have rounded up some of the best throughout the magazine in our capital cities in Hot Property, in the region of Hervey Bay in Living In and
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coastal Sweden in Next Stop.
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Editor: Jen Melocco Jen.Melocco@domain. com.au Editorial producer: Isabelle Chesher Managing editor: Alice Stolz Senior designer: Colleen Chin Quan Graphic designer: Emma Staughton Group picture editor: Kylie Thomson Proofreader: Nicole Bittar Chief editorial & marketing officer: Melina Cruickshank Residential sales: Queensland Brad McLeod, 0429 571 826 New South Wales Jon McConkey 0407 909 739 Victoria & Tasmania Matthew Maasdijk, Rebecca Warner (03) 9249 5295 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797
HOT PROPERTY
MARTIN CHUM
DESIGN DIGEST Reach for the stars
FEATURE STORY The renovation boom
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DARREN JEW
O U R COVE R 16 Hillside Crescent,
LIVING IN Queensland’s Hervey Bay
Hamilton. Listed by Ray White New Farm.
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PAG E 4
Swedish thriller
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Toorak Melbourne 1b 1 Grong Grong Court $7 million
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Expressions of interest: Close May 23 Agent: Kay & Burton South Yarra, Jamie Mi 0450 125 355 From the sweeping curve of the Italian marble and wrought-iron staircase, to the French doors that open to a terrace and a heated pool, no detail has been overlooked at this opulent home. There are four en-suited bedrooms upstairs and multiple living spaces downstairs, including a marble and Miele kitchen.
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Balwyn
Randwick
Melbourne 50 Birdwood Street
Sydney 16-18 Milford Street
$4 million +
$12 million
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Auction: May 29
For sale: By expressions of interest
Agent: Harcourts Northcote, John Bisignano 0413 067 916
Agent: The Agency, Matt Lahood 0418 245 472
A contemporary design from Viola Architecture, this home features zinc
Restored by its current owners, heritage-listed
cladding, blackbutt and concrete floors and an Elba marble kitchen with
Nugal Hall, circa 1853, is the last gothic-revival
butler’s pantry. Highlights include a lavish main bedroom, a wine cellar/
home in Randwick. Living spaces feature
tasting room and a covered terrace with built-in barbecue overlooking
mahogany and marble fireplaces, decorative
landscaped gardens.
ceilings, leadlight windows and a vast ballroom.
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L AU N C H I N G M AY 2018
Nestled on 37 hectares and centred around the front 9 holes of the Greg Norman designed championship golf course, Dress Circle will come to represent fairway living at its finest. Located a mere 35 minutes from Brisbane’s CBD and within walking distance to Springfield Central Station, Dress Circle is a collection of rare luxuries. With rolling fairways on your doorstep, a master architect designing your dream home and a concierge service on call, this is the rare kind of lifestyle you’ve been dreaming of.
REG I S TER YO U R INTERE S T TO B E THE FIR S T TO HE A R A B O U T THE S TAG E 1 REL E A S E
DRESSCIRCLE.COM . AU 07 3814 5177 info@brookwater.com.au
DESIGN DIGEST
Space travel Creative lighting, texture layering and flowing form enter an otherworldly design orbit. C o m p i l e d b y ISAB E LLE CH E SH E R LUCIE KOLDOVA LIGHTING These serene lights seem to bring a constellation of stars into the room. Melbourne’s Huset studio offers a local retail option, but we would be equally wowed upon seeing Koldova’s creations in Prague, where she’s based. huset.com.au
FENDI
CRISTINA CELESTINO DESIGNS Milan’s Cristina Celestino knows how to play with brass, inlaid marble and geometric shapes like few others, as she illustrates in everything from coffee tables to decorative ornaments. Happily, you can ship her creations to your door. pamono.com.au
MARTIN CHUM
LEFT MELBOURNE
BOBO DIVANO This sofa by Cini Boeri was a revelation when it was
If fashion names such
released in 1967. As one of the first monobloc seats to have no rigid internal
as Phoebe English and
frame, its flowing form rejected the norm and explored the unusual.
Yohji Yamamoto give
poliformaustralia.com.au
you thrills, you’ll want to head straight to this chic retail space by Studio Edwards. Translucent material twists and glides around the space, over gold panelling and steel seating. leftmelbourne.com
FRASER MARSDEN
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FEATURE STORY
High times in upmarket renovations Australia has become renowned for home redesigns, which amounts to extra luxury at the top end of town. B y SU E WILLIAMS
W
hen you drive around some of the country’s most salubrious suburbs today, the hum of construction is a regular feature. And it’s not surprising when you look at the figures on renovations taking place in homes. Property renovations in the nation’s most prestigious suburbs are taking off in a big way, with a 165 per cent jump in the value of work being approved to be done in just one area of Sydney last year. Owners in the area that includes Rose Bay, Vaucluse and Watsons Bay spent a total of $56.8
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million on alterations and additions in 2017, compared with $21.4 million the year before on the latest Australian Bureau of Statistics data. In Melbourne’s Brighton, the renovation spend was up 49 per cent to $51.2 million, in Perth’s Nedlands, Dalkeith and Crawley it was up 51 per cent to $24.5 million, while in Brisbane’s New Farm it leapt 142 per cent to $18.9 million. “Certainly, we’re seeing the budgets are bigger now because property values have gone up exponentially, so the issue of over-capitalising doesn’t exist any more,” says architect Luigi Rosselli. “But we’re also seeing a growing trend
of clients choosing to renovate rather than demolish and start again. They may say they want a modern house but we tell them that modern elements intertwined and combined with an existing house can enrich both the modernity and heritage aspect and they can end up with a beautiful result.” One example is our featured Sydney property, a 1950s, six-bedroom home on Kambala Road, Bellevue Hill, still with a period staircase and mouldings that has undergone a contemporary transformation in an area - encompassing Bellevue Hill and Double Bay - where owners spent $42.2 million on renovations in 2017. “There was a major renovation in 2011 and then further work in 2014 and, since then, constant upgrading to the point where you walk through and think it’s a brand-new property,” says Ray White Double Bay agent Elliott Placks. Many people renovate to create fresh luxury. Interior designer Thomas Hamel says they bring back ideas from hotels and stores around the world, as well as from internet images. “They then bring their homes into the next
YOUR AGENT Elliott Placks, Ray White Double Bay
“This home is in a fabulous location and the renovations have made it very easy to live in, with the living and kitchen areas opening up to the outside, which is very rare for this area.”
generation; getting rid of children’s rooms and becoming more selfish with better bathrooms and dressing rooms,” he says. Another factor in the size of the renovation spend is rapidly rising building costs of eight to 10 per cent year on year, says the managing director of building company Horizon Habitats, David Moses. In Sydney, the volume of infrastructure and apartment construction have led to labour shortages and rising prices. “We’re working at the luxury end of the market, so people decide on a renovation because they want a beautiful home rather than working out if a renovation makes financial sense, but the figures usually stack up within two to five years, too.” The Agency’s Ben Collier says an expensive renovation can help a home to sell for more money, and more quickly, in the prestige market – but only as long as it’s a good one. “There are examples of homes that have been beautifully done and have clearly had an obscene amount of money spent on making them particular architects’ dreams, but if they
don’t have functionality, and don’t work, then that can work against the sellers, too,” he says. “But if they do work and, particularly if they’ve been done by named architects and winning builders, that can hold them in good stead for a result that can exceed their expectations.”
Bellevue Hill Sydney 8 Kambala Road $11 million
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Auction: May 17 Agent: Ray White Double Bay, Elliott Placks 0402 149 917
B
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MOST PEOPLE VISIT MELBOURNE’S LANDMARKS. O N LY A N E X C L U S I V E F E W W I L L L I V E I N O N E .
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M AY FA I R - M E L B O U R N E . C O M . A U DEVELOPED BY
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LIVING IN
25.275° S, 152.759° E
HERVEY BAY TOURISM QUEENSLAND
Pristine waters make this coastal destination an angler’s paradise, with “the best climate in Australia”. B y K ATE FARRE LLY It’s the Holy Grail of game fishing: completing a
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Urraween
“We’re going to build on a block in River Heads,”
grand slam. No, it’s nothing to do with tennis and
he says. “The town has got everything you want
Hervey Bay \ 8 Hampton Court
everything to do with the fish that didn’t get
and it’s only three hours’ drive from Brisbane, so
$1.25 million +
away – three of a kind to be exact.
you’re away in a nice rural community but with
Angler Luke Fallon describes a grand slam as catching three, rather than four in the tennis realm, different species of one fish in a day. In
Mobility corridor
Hervey Bay, this rare feat is all about marlin,
Sid Boshammer, of Prime Agents Hervey Bay,
making this coastal city north of the Sunshine
himself a keen fisherman, has lived in the town
Coast a mecca for fishing fans far and wide.
for 45 years and says it’s very much a lifestyle-
Fallon and his photographer wife Kelly Dalling Fallon have lived and worked in Cairns for the past nine years, but this year they will move their charter boat to Urangan Harbour in Hervey Bay. “It’s a year-round fishing destination down there, and we can see the potential,” Fallon says. “The marlin fishing is excellent, and you can
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access to the state capital.”
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retirement hub with “the best climate in Australia”. “We have 20-plus kilometres of north-facing beaches and very pleasant temperatures, with a maximum of 32 degrees in summer and between 22 and 24 degrees in winter.” For sale
Boshammer says a mobility corridor, which
catch three different marlins in one day – it
extends 6.2 km from the Hervey Bay Botanic
Agent: Prime Agents Hervey Bay,
happens down there more often than most
Gardens in Elizabeth Street, Urangan, and
Sid Boshammer 0407 571 849
places.”
connects with the CBD in Pialba, following a
Showcasing timber from Fraser Island in an
former rail line, has been a boon for the local
expansive floor plan, this family home is on an
community.
elevated 4000-square-metre lot with district
Options galore Fallon’s clients come from across Australia and
“You’ll see kids with push bikes, parents with
and sea views. Cathedral ceilings with exposed
he also has an international following, with
strollers and lots of mobility scooters,” he says.
timber trusses feature throughout the residence,
anglers flying in from New Zealand and America
“And we’ve got a bikeway under lots of shade
which has a choice of living spaces, a pool with
to try their luck in Queensland’s pristine waters.
trees that goes all the way to Point Vernon.”
Fallon says the area will give them plenty of
Throw in the spectacular waterways and the
spa and a huge shed.
The prospect of
recreational fishing options, with a choice of river,
attractions of nearby Fraser Island and
snaring a marlin makes
estuary, bay and freshwater destinations, while
Boshammer says Hervey Bay is shrugging off its
Hervey Bay a mecca for
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also offering a relaxed lifestyle in a pretty locale.
“sleepy village” reputation.
the keenest anglers.
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LUXE LIFE GARAGE
Lower Plenty
Exhilarating terror on four wheels
Melbourne / 23 Woodfull Road $3.9 million-$4.29 million
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B y S TE PH E N CO RBY
D
riving at 200 kilometres per hour in a car made from pure evil is hard enough when you can see where you’re going. Trying to pilot the fastest Porsche ever made – the 911 GT2 RS – around the Melbourne Grand Prix Circuit at Albert Park is far more terrifying because most of the time all you can see are big, hard, concrete walls coming at you. We were allowed to build up to driving this frankly absurd car – with its 515kW, 750Nm, 340km/h top speed and a zero-to-100km/h time of 2.8 seconds – by touring in lesser 911s. To say I was scared as I sat waiting for my go in the GT2 would be a star-sized understatement. So it was less than helpful when Mark Webber, former Formula One ace, affable Aussie and Porsche employee, stuck his head in the window. I can only describe the look on his face as pity, with a touch of amusement, and most of what he said about how the power I was about to encounter would liquefy my insides, passed me by (to be fair, I could barely hear him because even at idle the GT2 has the
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kind of bass thrum you normally only find in vast London nightclubs). The next 10 minutes were violent, visceral and almost violating. Webber was right, there is a stupid amount of power on tap in this car, so much so that only a real racing driver could access all of it. Walls threw themselves at me, braking markers suddenly appeared as if they’d leapt out of the ground, and at one stage a flashy red GT2 RS flashed past and disappeared so fast that I felt like a fool. Webber, again. Truly, this Porsche is the most intimidating car I’ve ever had the mixed pleasure to drive and, after I got out, I was as shaken, sweaty and yet exhilarated, as if I’d faced Mitchell Starc in the nets and managed to occasionally hit the ball. I genuinely can’t imagine spending $645,400 on a 911 GT2 RS, but fortunately I don’t have to, because Porsche already has all of its orders filled, and customers begging for more. This will be a collector’s item, and will only appreciate in value, as long as its owners don’t accidentally launch it into any walls.
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For sale Agent: Barry Plant Manningham, Adele Kocuk 0412 255 919t There’s a certain synergy between the sharp lines and beautiful brutality of this epic five-bedroom mansion and the hard-and-fast shapes of the 911 GT2 RS. Frankly, it would seem a waste to hide the purest of Porsches away in the eight-car garage, because it would fit so perfectly on the
The Porsche 911 GT2 RS
patio beside the pool, as a talking point.
has the kind of a bass thrum you normally only find in vast London
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nightclubs.
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NEXT STOP 56.190° N, 12.619° E
SKANE COUNTY
A luxurious residence on Sweden’s rugged southern coastline is the epitome of Scandi chic. B y E LICIA M U RR AY
interest rates put a rocket up Swedish prices, which now outstrip average earnings by a factor of 10 – double the multiple of 20 years ago.
WHAT YOU CAN BUY FOR … $8.42 million A waterfront property in Skane with a six-bedroom home, guest villa, horse farm, golf course and padel courts. $4.59 million Skottorp Palace in Halland, described by the agent as Sweden’s bestpreserved Empire-period palace. $1.45 million A newly built fourbedroom villa on a 1310 square metres of land near the bay of Laholm in Skane.
House prices have risen by about 50 per cent If this 10-bedroom home in southern Sweden
Halmstad in the north. “Some houses are old
since 2012. There are signs that the tide is turning;
were to feature in a Nordic noir series, its owner
classic Swedish houses with either brick or
residential prices fell nine per cent between
would be an enigmatic tycoon with impeccable
wooden facade,” Vestergren says. “Some are
August and December. Goldman Sachs predicts
taste and a guilty secret. The property in Skane
super modern with big glazed parts and metal
further slides, thanks to more restrictive
on the Kulla Peninsula is listed for sale through
frameworks, like this one.”
regulations and interest-rate hikes.
Sweden Sotheby’s International Realty with a guide of 32 million SEK, or about $4.9 million. While there’s overwhelming evidence that the owner of Villa Schrewelius has impeccable taste
It’s also common for houses to have modern exteriors and “classic, old-style” interiors. Or vice
Can Australians buy in?
versa – with slick new appliances, of course.
Provided you have the cash, the answer is “yes”.
The Skane residence has about 400 square
“Foreigners can buy quite easily,” Vestergren
– from the full-height windows showcasing the
metres of floor space, a three-car garage,
says. The difficulty comes if a Swedish bank loan
point-blank water view to the understated
separate guest quarters and a sauna overlooking
is required. Banks require a Swedish social
interiors with timber and stone accents – the
the pool and sea, with views of the Danish coast.
security number, which can’t be granted without
listing shows no sign whatsoever of any secrets, guilty or otherwise. Joakim Vestergren, the agent handling the sale,
Current market “Cracks in the red-hot Swedish housing market
says there’s a wide range of architectural styles
are yawning wider,” declared The Financial Times
along the coast from Helsingborg in the south to
in January. A robust economy and ultra-low
a permanent local address. The stamp duty is 1.5 per cent of the sale price. An annual fee of 7812 SEK, or $1180, is also payable. sothebysrealty.com
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19 Coral Crescent, Pearl Beach Spectacular Beach Side Residence Positioned directly across the road from the sparkling white sands of Pearl Beach on the stellar strip of Coral Crescent, is this spacious and beautifully appointed family home. You can enjoy an idyllic lifestyle in this rare position with enough space for the whole family to relax and unwind with the soothing sound of the breaking waves. This outstanding property fronts the serene Pearl Beach Lagoon and showcases superbly landscaped and carefully planted gardens with picturesque views of the lagoon.
02 4339 8074 enquiries@centralcoastrealty.net
279 West Street, Umina Beach
www.centralcoastrealty.net
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View:
Saturday 12.45pm - 1.15pm or by appointment
Price:
Contact Agent
Sales Agent: Stuart Gan 0456 786 586 Web:
www.centralcoastrealty.net
mcgrath.com.au
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OCEAN VIEW 16 Dean Drive
6 BED 4 BATH 4 CAR +SPA
This luxury Hamptons inspired French country manor, set on a low maintenance five acre rural-residential block is located in one of the best kept secrets of Brisbane – The Dayboro Valley. ‘Bellevue’ is situated just 4km east of the Dayboro Village and close to beautiful wineries and wedding venues which offer a large range of consumer options and services. It nestles comfortably amongst thousands of acres of private family properties and state forest making it the perfect getaway from bustling city life. The property features breathtaking views, separate guest house with spa, to provide true dual living.
INSPECT By appointment FOR SALE
John Bradley 0410 454 718 Matthew Biggs 0499 498 988
26 & 28 Esplanade Brighton, VIC
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107 Fitzroy Street St Kilda, VIC
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VIEWING
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