Domain Prestige - April 20, 2022 by Domain Magazines

20 APRIL / 2022

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

HEART’S DESIRE A home to dream about

THE AB S OLUTE BE ST OF BURLEIGH HEADS

T H R E E U N R E P E ATA B L E R E S I D E N C E S

U N R I VA L L E D I N S I Z E , S E T T I N G A N D S TA N D A R D

G L A S S H O U S E B U R L E I G H .C O M . AU

1300 135 606

B y K ATE FARRE LLY

Benowa Waters Gold Coast 150 Sir Bruce Small Boulevard J OSE PHIN E H U YN H

Auction: 5.30pm, April 29 Agent: Kollosche, Jamie Harrison 0424 965 891 The award-winning Lake House claims 24 metres I’ve always had a deep affection for horse racing. It’s what brought my

of water frontage and comes with a magnesium

dad and I together from a young age. I’d go to the local TAB with him and

pool and landscaped gardens. Highlights include

watch him have a punt, and my favourite part was the horse parade before

a sophisticated cocktail bar, expansive al fresco

the start – glossy coats, colourful saddle blankets and detailed leathers. I

deck and a hotel-style main suite.

loved the fashion of it all. Property has also been ingrained in me since I can remember. My parents fled a war-torn country to find a patch of Aussie soil to call their own, where they could set new foundations and create a secure and safe life for my sister and I. So, my weekends growing up were also spent at countless open home inspections. The cover property and premier equine estate, Hazelview, almost brings a tear to my eye as it combines both of those memories. I find myself lost while gazing at a landscape that could easily be mistaken for an oil painting.

O U R COVE R 1415 Arthurs Creek Road, Doreen Listed by Abercromby’s Real Estate PAG E 8

Editor: Josephine Huynh josephine.huynh@ domain.com.au Editorial producer: Paige Tonna Group picture editor: Kylie Thomson Senior designer: Colleen Chin Quan Graphic designer: Nicole Gauci National managing editor: Alice Stolz Chief marketing officer: Rebecca Darley Chief executive officer: Jason Pellegrino

HOT PROPERTY

DESIGN DIGEST That holiday feeling

COVER STORY Housing horse-racing history

LIVING IN Next up, Noosa

DREAM HOMES Mi casa su casa

Residential sales: Queensland Brad McLeod 0429 571 826 New South Wales Belinda Sinclair 0414 580 903 Victoria & Tasmania Ray van Veenendaal 0438 279 870 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797 Digital edition Visit domain.com.au/ digitaledition

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THE PROPERTY INVESTOR Budget breakdown

7 8 11 13 15

Bayview Sydney 5 & 5a Gilwinga Drive $18 million-$19 million

Expressions of interest Agent: Christie’s International Real Estate, Darren Curtis 0406 761 840 A king-of-the-castle proposition on 3.2 hectares of superb, elevated grounds, this stately, north-facing home is well-equipped for families of all ages. A five-minute drive from marinas and close to Mona Vale village shops, the property comes with a pool, tennis court, gym and home theatre.

Point Frederick

Woodend

Central Coast 1 Albany Street

Macedon Ranges 64 High Street

$9 million

$3.9 million-$4.29 million

Auction: 10am, April 30

Expressions of interest: Close noon, May 3

Agent: McGrath Terrigal, Mat Steinwede 0414 852 200

Agent: Donazzan Boutique Property,

Glorious views over Brisbane Water to Green Point and a jetty big enough

Gina Donazzan 0412 430 326

for a superyacht are two compelling drawcards at Jacaranda, a private

Historic Maloa House sits on more than 4000

sanctuary adjoining Pioneer Park. On a rare double block, the property

square metres and has a long list of delightful

comes with a boathouse and self-contained guest accommodation.

features, including an indoor heated pool.

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DESIGN DIGEST

Mediterranean muse Holiday at home with these sunny designs that are bound to inspire a sense of wanderlust. C o m p i l e d b y PAU LIN E M O RRIS SE Y TILES TO TREASURE The Beach Club tile collection is a collaboration between bespoke tile brand Teranova and interior stylist and product designer Sarah Ellison. Inspired by Ellison’s love for the water, it highlights warm, earthy tones imbued with organic textures. teranova.com.au

ENDLESS SUMMER Designed in collaboration with textile brand Bonnie and Neil, the Summertime collection by CLO Studios is a range of cheerful cushions with varying checks, waves and seashell DAVE WHEELER

trims, each featuring original artwork. clostudios.com.au

MIXED MATERIALS

BOUCLE BEAUTY A delightful addition to Heatherly Design’s Ready-

Crafted by Melbourne-

Made Collection, the Bonnie Boucle Bed brings a sense of calm to the

based studio Harley

bedroom with its curvilinear shape and rounded base, dressed in an

Hamilton, the Cast

eggshell boucle. Available in king and queen sizes. heatherlydesign.com.au

Palladiana Round Dining Table is realised in a mix of natural stone, glass fibre and reinforced concrete for a perfectly imperfect, refined finish. It’s offered exclusively through Tigmi Trading. tigmitrading.com

MARTINA GEMMOLA / STYLIST BEK SHEPPARD

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COVER STORY

A winning fusion of design and execution This thoroughbred horse breeding estate is a tasteful expression of style and function. B y PAU L B E S T

t’s not every day you get the chance to punt on a property that’s home to a Melbourne Cup champion. Hazelview, sitting on 76 hectares of fertile, rolling land at Doreen on Melbourne’s fringe, is such a place. The expansive equine and breeding estate is where the 2010 winner of the 150th Melbourne Cup, Americain – owned by businessmen Gerry Ryan and Kevin Bamford – is now at stud. The Bamfords bought the property with an eye to expanding their horse-breeding operations in the early 2000s – when it was being used to run sheep and cattle – from the Reid family, whose

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forebears settled the area, then known as Hazel Glen, in the mid-1800s. “We’ve always had thoroughbreds and standardbreds,” says Colleen Bamford. “[However] in the last few years, I have concentrated on thoroughbreds because of Americain, so we became a boutique thoroughbred stud.” The Bamfords rolled out state-of-the-art infrastructure progressively over the first 10 years, establishing world-class facilities Colleen believes “would suit any equine pursuit”. Today this includes a 900-metre granitic-and-

sand training track, walk-in-walk-out stables, breeding barn, riding manege (arena) and staff quarters, as well as a quarantine paddock for international horses. “I’ve never seen anything as elaborate,” says Abercromby’s Real Estate selling agent Jock Langley. “It has everything you could want in a breeding operation.” The jewel in Hazelview’s crown, though, is the sprawling 2012 family home designed by architect Graham Morrison of Bruce Henderson Architects and built into the natural amphitheatre of a hillside that, Bamford says, affords “the best views of the countryside”. “The house needed a rural feeling and, even though it’s a big house, a relaxed nuance about it, so it fitted into that landscape without it being a huge chateau,” says Morrison, who used Castlemaine stone to help achieve this. Morrison also created a house in three “pods” linked by glazed walkways. At the end of a curving, tree-lined driveway, you first happen on the more formal section with a gabled roof and portico. Inside, the reception, living and dining areas are decorated with chandeliers and gilt-edged

mirrors, antique furniture, Persian rugs, drapes and pelmets. The residence’s centre section offers more informal and airy living and dining, with a whopping kitchen and striking Mediterraneanstyled terrace overlooking manicured gardens, a beach, an ornamental lake – with golden perch, a fountain and a fishing jetty – paddocks and sweeping views to the Warburton Ranges. The far section houses the children’s quarters and housekeeping as well as recreational facilities, such as a gym and pool behind double-height glass. Also, at this end of the property, there are a floodlit tennis court and golf green. A secret doorway behind a bookcase opens onto a bricked, barrel-vaulted underground passage leading to a 3000-bottle cellar, games and trophy room with an antique billiards table and a cinema. “It’s the stuff of fairy tales,” jokes Bamford. What the next owners do with the overall property is also only limited by their imagination – there’s much potential (and land) here, even if you aren’t into the ponies. The equine facilities can be leased, while the land is

YOUR AGENT Jock Langley, Abercromby’s

ripe for horticulture, possibly cut flowers or vegetables, grapes or building a winery. The house and gardens could be a permanent home or weekender, given it’s less than an hour’s drive from the CBD and half an hour to Melbourne Airport. There’s also much scope for reimagining the residence as a country guesthouse or retreat with restaurant and spa.

Or maybe buyers could speculate on whether it’s worth land-banking the property, given its proximity to greater Melbourne. It should be noted the property is offered on two titles, so this may generate even further opportunities. This feature is part of a Domain Prestige Deluxe package.

Doreen

Real Estate

Melbourne 1415 Arthurs Creek Road “The property has been a labour of love for the owners. It has everything you could want in a [horse] breeding operation but has the potential for so many other purposes. It’s one out of the box.”

$20 million-$22 million

Expressions of interest: Close 5pm, May 17 Agent: Abercromby’s Real Estate, Jock Langley 0419 530 008

Open your camera and hover your phone over the app code to view listing

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383 Esplanade

Henley Beach | South Australia

Expressions of Interest by Thursday 28th April @ 4pm (USP) Price $4.5M - $4.95M

foxrealestate.com.au

Mark Conway mark@foxprojects.net.au 0452 584 600

“ABSOLUTTE” An iconic beachfront masterpiece. Inﬂuenced by the shaping and reshaping of the foreshore, “Absolutte” is an oasis of tranquillity resting as a pure gem of modern luxury in harmony with nature. Lares Homes will soon bring this vision to life with meticulous craftsmanship.

GAGBGC GHGDGJ 3

415 sqm

RLA 226868

LIVING IN

26.3645° S, 152.9677° E

NOOSA

Ask a local and they’ll tell you Noosa does have it all – surf, sand, climate and a lovely, laid-back lifestyle. B y PAU LIN E M O RRIS SE Y

YOU MAY LIKE ...

Noosa Waters

Sophisticated, stylish and always sunny, the

seen continued growth, with Noosa Heads

stunning beaches, lakes and lush hinterland of

showing a 19.6 per cent jump year-on-year to

Sunshine Coast 60 The Peninsula

the coastal paradise of Noosa all lend to its

$1.645 million, while Noosaville recorded a

$8 million +

rightful reputation as one of Australia’s most

staggering 23.3 per cent rise to $1.35 million.

captivating holiday destinations. But while visitors come and go at the town peacefully tucked away in south-east Queensland, there are those who have decided

“Sea-changers will certainly feel right at home in Noosa, as life here is calm, filled with people

of the area’s advantageous, carefree lifestyle.

who are overly polite, and are never in any type of

Noosa is the type of place where you can take a

selling up in major cities.

on Noosa as their permanent address, in pursuit

Best of all worlds

Offermann notes that these numbers will only continue to shift, with many more people still

hurry,” he says. “This region just has a way of putting people in a natural state of bliss.”

morning dip at a choice of beautiful beaches and

Endless summer

wander through stylish boutiques along Hastings

Inevitably, there’s a sense of pride that comes

Street before being served lunch by one of

with living in Noosa, where residents are happy to

Australia’s leading chefs, says Tom Offermann,

join local community groups to make new friends

principal of Tom Offermann Real Estate.

and volunteer – as did Ross Fisher, volunteer

Auction: Noon, May 7

president and life member of Noosa Heads Surf

Agent: Tom Offermann Real Estate,

Lifesaving Club.

Nic Hunter 0421 785 512

“Noosa also attracts families who wish for a safe and natural environment, with an amenable climate, top-tier schools and all the necessary

“I moved to Noosa 33 years ago with my wife

Perfectly in tune with the world-famous coastal

infrastructure of a big city, but on a smaller,

and two young children, directly from the west

destination in which it rests, this breathtaking

calmer scale,” he says. “Even professionals,

coast of New Zealand’s South Island, below the

waterfront residence is a fusion of Hamptons and

business leaders, and entrepreneurs can

Southern Alps,” he recalls.

Palm Springs design.

continue to flourish in their commercial activities

“I built up a very successful business before

here, and when they need to visit the big smoke,

semi-retiring some 20 years ago, and as a surfer

the Sunshine Coast Airport is just 20 minutes

and surf lifesaver, Noosa was the standout place

Noosa has a wonderful

away, with not a traffic light in sight.”

to move to in 1989, as it was relatively small with

subtropical climate,

Hover your camera over the

a great subtropical climate, renowned for its

which many local homes

code to see Domain listings

surfing points and beaches.”

put to great advantage.

in Noosa Waters

As reported in the latest Domain House Price Report, the median for the collective area has

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4802/1 Oracle Boulevard, Broadbeach Gold Coast, QLD 4218 Apartment 4802

NORTHEAST FACING SUB PENTHOUSE ON THE 48TH LEVEL OF ORACLE TOWER 1

This luxury northeast facing 330sqm ‘Sky-Home’ in the prestigious �� the ultimate Gold Coast lifestyle. Approximately 200 metres from the beach, and a short walk to the Gold Coast Convention Centre, Star �� abundance of award-winning restaurants and bars are at your doorstep. Three bedrooms all with ensuites, plus a powder room and a media/ fourth bedroom, 3 car parks plus storage, and 270 degrees of breathtaking panoramic views of the ocean, city and hinterland.

Ellen Bian 0422 212 896

Amy 0433 497 459

Hand-crafted ambience DREAM HOMES

Insta-famous Casa Campana brings some bespoke Mediterranean style to the northern rivers. B y PAU LIN E

nveloped in lush greenery behind Cabarita Beach, just north of Byron Bay, Casa Campana is an enchanting home that is loved by all: those who were involved with its construction, those who have visited for events and photo shoots and, most importantly, those who proudly call it home – Sophie and Michael Bell and their two children Peppa, 3, and Hendrix, 6. The couple bought the then-untouched rainforest block in January 2017; a little pocket that they would often drive past during weekend adventures traversing the many coastal delights of northern NSW. As Sophie recalls, from the moment she set eyes on the site’s beautiful ferns and trees, it was love at first sight. “We were previously living at Burleigh Heads on the Gold Coast and our area was only getting busier by the day, so we instantly felt drawn to the sense of stillness and space that this

M O RRIS SE Y

property radiated,” she says. “I grew up in the country, so I found myself craving some land. That way our kids could grow up and experience the type of childhood I enjoyed.” Sophie has a profound love for travel and says Casa Campana is inspired by the iconic white homes found throughout Italy and Greece, in particular the contrast of their white textured surfaces against rich green surroundings. “I love the fact that when you first arrive, you don’t really know what’s coming, and once you’re inside, you feel like you’re in a treehouse as you can see the rainforest from every window and door,” she says. “So many elements of our home are influenced by designer hotels we’ve visited in Greece, such as all the curves found throughout the build and in the arched windows, along with our pool pavilion and pizza oven area.” For the Bell family, the vision was to create an imperfectly perfect home – one where all

finishes exhibit a handmade feel; an antidote to your typical shiny and modern residence. The response to this brief is wonderfully visible throughout, achieved with the help of Three Birds Renovations and North Mac Constructions. “Our intention was to make everything feel like it could have been from many years ago,” Sophie says. “The render is undulated, taps are tumbled brass and the kitchen island is handpoured concrete. “And while the bones of our house are very neutral – oak floorboards, white rendered walls and natural white concrete island – we added colour and fun through other means, from feature tiles and rugs to art and cushions.” Given her innate artistry, Sophie has garnered a following of over 77,000 on Instagram, due to the photos she shares of the property’s idyllic lifestyle and for the creative projects she tackles so effortlessly. But the talent doesn’t stop there, with other gifted family members adding their own touches to Casa Campana. “Michael has made so many elements in our home, like our beautiful bed built into the wall [and] the kids’ and adults’ cubby spaces,” Sophie says. “Plus he rendered all the walls inside the house, adding layers of interest to what would normally be flat surfaces. “My mum is also the talented artist behind Min Ceramics, who not only painted custom art on our built-in headboards but also on many of the ceramics we have displayed everywhere.” While the blissful family life that they had imagined came to fruition during the past three years of living in Casa Campana, the couple is looking to the future for the next challenge that awaits them, making the decision to list the property on the market. “We hope a beautiful family buys it and enjoys every inch of it just like we have,” Sophie says. “And while our home seems like it’s in a world of its own surrounded by a sea of greenery, the actual sea is only ever 15 minutes away, as well as incredible cafes and restaurants, meaning you can truly get the best of both worlds.”

Nunderi Tweed Casa Campana $4 million

Expressions of interest Agent: LS Properties, Brent Savage 0447 122 559

Hover your camera over the code to see Domain listings in Nunderi

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THE PROPERTY INVESTOR

GETTY IMAGES

Budget missed critical opportunity Owner-occupier hopefuls got a leg up in the budget but investor groups are asking why their sector was overlooked. B y SU E WILLIAMS

Investors have the potential to help ease the huge undersupply of residential rentals.

lthough the 2022/23 federal budget was focused primarily on helping owneroccupiers, first-home buyers and those needing affordable housing, many believe more should have been done to support residential property investors too. “There is a real need for more rental accommodation, particularly in the regions, where vacancy rates are virtually zero in many areas,” says Max Shifman, national president of the Urban Development Institute of Australia. “We rely partly on investors to provide homes for tenants, but the supply of housing isn’t keeping up with the demand at all. Supply-side support and reforms are critical. “So, the budget was a missed opportunity to fix the planning system to deliver more new housing and to support the provision of more infrastructure to build on developable land.” It instead expanded the Home Guarantee Scheme with a further 50,000 places over the next three years to help first-home buyers, single parents and people in the regions to enter the property market with as small a deposit as

five per cent. It also boosted the development of affordable housing. “The budget was aimed at creating a stronger economy, and that, in a broad sense, is good for everyone, including investors,” says Jarek Kowcza, senior economist at St George Bank.

“The real problem is that there’s often not enough infrastructure.” “If unemployment is reduced then that will feed into higher wage growth, which will add to demand across the economy. “That’s very positive for owner-occupiers and investors alike in the longer term. The challenge for both will be the likelihood of interest rises later this year and next, which will slow price

growth … But the opening of international borders and increased migration will push up demand for rentals.” Other budget measures, like the cost-of-living support package with tax offsets, the cut to the rate of fuel excise and one-off payments to those on lower incomes could also boost the economy, as may the incentives for small businesses. Meanwhile, the additional spending on disaster relief could serve to mitigate some of the costs of the floods. Zaki Ameer, a property investment advisor and the founder of DDP Property, says the biggest comfort for investors at the moment is the historically low interest rate and the relaxing of lending protocols by the banks. “Investors are currently finding it easy to raise loans because, while first-home buyers are often priced out of the market, investors tend to use the equity in their existing properties,” he says. “So, the last two years of price growth has been to their advantage. In addition, councils are having a lot of available land rezoned so developments can take place. The real problem is that there’s often not enough infrastructure there to support housing.” Many developer organisations were calling for increased infrastructure spending in the budget. “Development and construction provide 9 per cent of GDP and 11 per cent of full-time jobs,” Shifman says. “Many of the affordability issues with housing come from a lack of developmentready land.”

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4a 4.5b 4v 1g 1998r

ASPENDALE, VIC 73 Nepean Highway SPECTACULAR VIEWS, SUNSETS A rare opportunity to own this highway to beach 1998m2 allotment, with classic family home on one of the last remaining absolute beachfront properties, just 45 mins from the CBD on one of the best beaches. Pool + spa, floodlit tennis court, 3 alfresco areas, gourmet kitchen- Gaggenau appliances , butler’s pantry, sub-zero wine fridge, aircon, in floor heating, ceiling fans, built in BBQ. belleproperty.com/222P354517

FOR SALE Expressions of Interest close Thursday 5 May at 5pm

xx 03 9583 3246 Garry Donovan 0419 588 660 Rod Richardson 0409 421 742