Domain Prestige - September 21, 2022

21 SEPTEMBER / 2022

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

UNDERSTATED ELEGANCE Beauty is in the details

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A UNIQUE AND ELEGANT LIFESTYLE ONLY 35 MINUTES FROM THE BRISBANE CBD Build your luxury architect designed contemporary home surrounded by a Greg Norman designed championship golf course, and an abundance of natural bush and walking trails, you can feel the peace and serenity.

Yet within less than 10 minutes’ drive of 11 leading schools, a major Shopping Centre, Mater Hospital, University Campus, Sporting venues, and electric commuter rail directly to Brisbane CBD.

Large Elevated Homesites Selling From $599,000

07 3814 5177 DRESSCIRCLE.COM.AU PR E ST IGE

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SIMPLY DIV INE U LT R A L U X U R Y 3 & 4 B E D R O O M R E S I D E N C E S AND HALF & FULL FLOOR PENTHOUSES NOW SELLING FROM $3M

A name synonymous with style, David Devine has assembled some of Australia’s leading visionaries to bring you the finest absolute beachfront penthouse collection and luxury residences ever seen.

A golden opportunity awaits you at Royale Gold Coast.

7 – 9 Northcliffe Terrace, Surfers Paradise.

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ARTIST IMPRESSION

UNDER CONSTRUCTION BY HUTCHINSON BUILDERS. V I S I T T H E S A L E S D I S P L AY. O P E N D A I LY : 1 0 A M T O 4 P M C N R O F M A R K W E L L AV E & S U R F E R S PA R A D I S E B LV D , S U R F E R S PA R A D I S E 1 3 0 0 7 2 2 1 3 1 / R O YA L E G C . C O M . A U

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B y K ATE FARRE LLY

Prahran Melbourne 33 Grandview Grove $18 million-$19.5 million J OSE PHIN E H U YN H

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Expressions of interest: Close 3pm, October 10 Agent: Marshall White Stonnington, Marcus Chiminello 0411 411 271 There are certain homes that win you over the moment you step inside.

Built c1895, Grandview is one of Stonnington’s

They are the ones that, through their design and setting, create a feeling

finest Victorian mansions and is set within

that makes you think, “this is something special”. Our cover property, one of

landscaped gardens inclusive of a heated pool

Stonnington’s most illustrious Victorian mansions in Melbourne, is one such

and floodlit tennis court. You’ll find unique

place. It’s not about high-gloss finishes but instead the great craftsmanship

decorative plasterwork, high ceilings, marble

behind the cornice detailing, ornate archways, intricate stained glass

fireplaces and stained glass features alongside a

windows and cast-iron lacework. Turn the page and venture an hour east to

sleek, modern kitchen and a glass-walled cellar.

rural Tonimbuk. Architect Eric Sette describes the home modestly as a “modern barn” but at first glance it’s clearly much more than that. There’s a long list of up-to-date luxury features like hydronic heating and electric blinds, and yet it blends perfectly into its country environment on almost 18 hectares of green acreage with an Olympic-sized equestrian centre.

O U R COVE R 33 Grandview Grove, Prahran Listed by Marshall White Stonnington PAG E 6

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 magazine editor: Natalie Mortimer National managing editor: Alice Stolz Chief marketing officer: Rebecca Darley Chief executive officer: Jason Pellegrino Residential sales: Queensland Amanda Vaughan 0413 370 004 New South Wales Caitlin Hao 0430 938 214 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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HOT PROPERTY

DESIGN DIGEST Rainbow reflections

ARCHITECTURE Modern-day farmhouse

LIVING IN Surrounded by natural beauty

THE PROPERTY INVESTOR The rise of female investors

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Claremont Perth 32 Riley Road $7.8 million+

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Private sale Agent: Mint Real Estate, Peter Clements 0415 920 920 Set on 2024-square-metres a short walk from riverfront parkland, this Paul Jones-designed home with a heated pool and level lawns has a sophisticated country aesthetic and magnificent proportions, yet is less than 15 minutes’ drive from the city centre.

North Avoca

Windsor

Central Coast 7 Bareena Avenue

Melbourne 2/153 Albert Street

$8 million

$3.3 million-$3.63 million

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Private sale

Expressions of interest: Close September 27

Agent: Prestige Properties, Adrienn Stenner 0414 729 453

Agent: Kay & Burton Armadale,

It’s difficult to decide what’s more impressive: the location 50 metres walk

Gowan Stubbings 0412 269 999

from the beach or the striking architecture. Showcasing curved concrete,

Once the Windsor Post Office, this warehouse

stone and multiple timbers, property highlights include a V-ZUG-appointed

has been converted into apartments with eight-

kitchen and a concealed 3000-bottle wine cellar-tasting room.

metre-high ceilings and exposed metal trusses.

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Introducing the Allere Collection.

WEST END, BRISBANE 1, 2, 3, 4 & 5 BEDROOMS NOW SELLING

D I S C OV E R T H E A L L U R E O F A L L E R E . A C U R AT E D C O L L E C T I O N O F P E T F R I E N D LY V E R T I CA L C O M M U N I T I E S , D E S I G N E D TO N O U R I S H T H E S O U L A N D C R E AT E A S E N S E O F B E LO N G I N G .

Artist’s impression only.

V I S I T T H E F U T U R E L I F E C E N T R E S A L E S S U I T E A T 9 7 B O U N D A R Y S T, W E S T E N D . O P E N D A I L Y, 1 0 A M - 3 P M .

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allerewv.com.au

DESIGN DIGEST

Shining through Innovative designers are packing a visual punch by using glass and acrylic to play with form and colour. C o m p i l e d b y PAU LIN E M O RRIS SE Y HAPPY HOUR Crafted from holographic acrylic, the Wild Child Bar Cart by Fenton & Fenton adds pizazz to happy hours at home.

When light hits the design from the right angle, it creates a show of rainbows and reflections. fentonandfenton.com.au

BLOWN AWAY Art meets industrial design with the Soda Table, designed by Yiannis Ghikas for Miniforms. It takes the form of a single volume of blown glass with three large petals forming its stem. miniforms.com

PLAY OF LIGHT

CHASING RAINBOWS Refreshingly modern yet fun at the same time, the Bailey Coffee Table by Trit

Danish brand Hubsch

House showcases a see-through design. It’s made entirely of acrylic that subtly mirrors the colours of a

has crafted a range of

rainbow, making for an exciting and captivating talking piece. trithouse.com.au

timeless vases that create a strong design statement, with or without flowers. The range includes the Block Vase, which is hand-blown by artisan glass blowers and throws remarkable reflections when catching the light. hubsch-interior.com

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Barnstorming design

ARCHITECTURE

Country house meets city pad in this stylish mash-up of rustic charm and urban smarts next to Victoria’s Bunyip State Park.

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rchitect Eric Sette helps me out. I’m fishing for how best to describe the H-shaped, three-bedroom house he designed with connected twin-gabled pavilions that radiate warm rustic charm with cool urban smarts – “I call it, ‘modern barn’,” he says.

It’s perfectly named.

But it makes perfect sense, too, when you consider the property, Jolley Farm – sitting on almost 18 hectares of rural acreage at Tonimbuk, with eight paddocks and an Olympic-sized equestrian centre – is in striking

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distance of greater Melbourne and just a tick over an hour’s drive from the CBD. Sette says the gabled roof with the raked ceiling is a feature of barns more often found in Europe and the United States than here. But the design works universally because it provides crucial volume to the interiors.

This also helps to explain why the architectural style has become popular in inner urban areas, especially for new builds on tight blocks as well as rear extensions, where the feeling of space is at a premium.

But it isn’t Sette’s only design feature that creates a look and feel that overarches town and country. He has lined all interior surfaces with the same wide engineered timber boards – walls, ceiling and floors.

In doing so, the timber mimics the interior of a traditional wooden barn. At the same time, the uniformity of the boards creates a clean, modern skin, comfortably at home in the city.

For the exterior shell, Sette has opted for Night Sky Colorbond with a nailstrip (or standing seam) finish. This time, rather, it

YOUR AGENT James Hallahan, Whitefox Real Estate

ESTATE IMAGERY

“This is the perfect weekender for someone in town who could use the property as a hobby farm for cattle or horses (like the current owners), with scope to build further.”

seems to recall the great Aussie corrugated iron shed but, again, with a level of urbanity one associates with the city.

“The rustic nature [of the house] comes through in the selection of materials,” explains Sette, “but done in a sophisticated manner.”

Originally, Sette conceived the recently completed house as a single linear form, like some kind of barn on steroids, before settling on twin side-by-side structures with central entry and floor-to-ceiling glazing for light and views.

To the left, the open-plan living-dining-kitchen area and laundry are bookended by a covered terrace and double carport. Right, are bedrooms and bathrooms, the main opening onto a deck with views of Bunyip State Park.

But the dwelling is only one of a handful of buildings on the property, which Sette has had,

to varying degrees, a hand in. He designed a second, simpler barn-like structure, built prior to the principal house, with a self-contained one-bedroom studio in front and a six-car garage-workshop behind.

He also did some minimal design work for the extension of the original farmhouse, which the owners – who bought the property in 2009 – largely spruced up themselves.

Alongside the farmhouse sits a separate indoor-outdoor pavilion with a fireplace – nicknamed the “Stone Room” – as well as a tennis court, both of which Sette designed.

Arguably, Sette’s best architectural work – a much larger two-storey, six-bedroom concrete house featuring separate living areas, a four-car garage, pool, dog room and music room for a grand piano – remains unbuilt, for which a planning permit was issued in 2015.

Sette adopted a contemporary mid-century vernacular for the house – featuring characteristic intersecting planes, blade walls and deep eaves – which was to be located in a lower paddock in the north-west quadrant of the property, abutting the state park.

It’s very different to a barn aesthetic. But, at the same time, the mid-century style is just as suited to the bush as metropolitan Melbourne.

“Mid-century architecture works where clients love that indoor-outdoor living,” argues Sette.

Tonimbuk Shire of Cardinia 115 Jolley Road $10 million

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Expressions of interest: Close September 28 Agent: Whitefox Real Estate, James Hallahan 0434 517 572

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

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LIVING IN

33.8116° S, 151.2159° E

NORTHBRIDGE ALAMY

Jutting into Middle Harbour, Northbridge is a peaceful respite from the bustling city only 15 minutes away. B y PAU LIN E M O RRIS SE Y

YOU MAY LIKE ...

Northbridge

Sydney is blessed with many naturally beautiful

course and sailing club, plus the much-loved

suburbs, surrounded by lush bushland and

Northbridge Baths,” lists Downie. “It’s the type of

Sydney 12 Coolawin Road

hidden beaches, giving the illusion of being a

place where residents can make a quick

$7.5 million

world away from it all. This is true of Northbridge,

15-minute trip to the city to get their fix yet

a leafy suburb of the lower north shore, found

breathe a sigh of relief on their way home.”

beyond the iconic sandstone Long Gully Bridge.

According to Chris Downie, director of

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Buzzing community

Richardson & Wrench Northbridge, who grew up

Holding a deep connection to the area and its

and continues to work in the area, there’s every

residences, Lauren Mahoney is the owner of

reason why the more than 6000 people who call

luxury interior design practice Studio Trio,

Northbridge home are committed to staying put,

operating in the suburb for the past 15 years, with

given it is a safe and scenic peninsula suburb and

many notable projects completed in the area.

a great place to raise a family.

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“We currently have four large-scale projects in

“For a long time, Northbridge was a well-kept

Northbridge alone and have been lucky enough

secret, but it has, beyond doubt, become a much

to have become very familiar with this small but

sought-after suburb,” says Downie. “It’s

buzzing community where we see familiar faces

surrounded on three sides by Middle Harbour,

daily,” says Mahoney. “While it’s ever-evolving, it

meaning it’s filled with waterfront properties,

remains a tranquil and secluded place to live just

Auction: 9.45am, September 24

most of which have been purposefully designed

moments away from the city.”

Agent: Richardson & Wrench Northbridge,

to best capture sweeping water views.”

Prized location Sending a strong message to support its postcode’s prestige, Northbridge sports a

Mahoney’s favourite ways to pass the time

Chris Downie 0414 966 311

include grabbing a bite to eat at local cafes like

Feel on top of the world at this resort-like family

Ritual Coffee Traders and Bonds Corner Cafe and

retreat, with elevated views of Middle Harbour

dinners at the boutique restaurant Martha’s.

captured throughout, be it from the open and

“Of course, I also love to spend a sunny day by

oversized living areas or the main bedroom.

median house price of $4.875 million, up 13.2 per

the Northbridge Baths, going for swims and

cent year-on-year, contributing to its 43.4 per

watching the boats sail by,” she adds. “Spending

Northbridge’s Long

cent rise in just five years, according to Domain’s

spring and summers here is always great, which is

Gully Bridge in Tunks

latest House Price Report.

when we can take full advantage of its great

Park is an icon of the

Hover your camera over the

water access and head off to explore its many

leafy harbourside

code to see Domain listings

walking tracks and parks.”

suburb.

in Northbridge

“Affluent buyers love its great facilities such as a number of popular primary schools, a local golf

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M I N E E R 6 .1

ARTIST IMPRESSION

Come home to brand new Forrest luxury This exclusive enclave of 9 luxury town homes delivers a low-maintenance lifestyle in Canberra’s most prestigious location. Priced from $3.35M each, there are now only 5 opportunities available.

Move-in late 2023

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Scan to see floorplans and full brochure:

Contact Wayne Harriden – 0418 625 414 Cassandra Cumberland – 0412 815 463 14

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1 1 S TAT E C I R C L E . C O M

THE PROPERTY INVESTOR

VAIDA SAVICKAITE

The rising ranks of women investors Despite the gender pay gap and cultural norms, more and more women are focused on investing in their long-term futures.

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Research found women tend to play it safe with investments, which is paying off over time.

omen are increasingly doing it for themselves when it comes to investing.

While research five years ago found that only a third of investors were female. Back then, the average real estate investor was a married, wealthy, middle-aged man with a high income and full-time work; that’s now rapidly changing.

“We’re seeing a lot more females investing in the last couple of years,” said entrepreneur Judy Sahay, the founder and managing director of Crowd Media Group, a group of three digital media agencies. “Traditionally, investment has always been geared towards men.

“All the language used is very masculine, and we see advertising with a man on a yacht and the woman by his side is there for decoration, while women have never received much education about finance. But during COVID lockdowns, a lot of women did start to educate themselves about investing, and we can now definitely see a real appetite for it.”

Women may even be better placed, in some ways, to weather any downturn in property

markets, too. The Australian Investor Sentiment Report 2022 revealed that, when it comes to investing, women tend to play it safe.

It found that 32 per cent of Australian women believe in starting small, and 42 per cent prefer to engage in long-term investing, so may be

“Women’s capacity to invest is restricted by their limited borrowing capacity.” more inclined to set strategies and stick to them rather than let market movements affect their decision-making.

The economist who did the original 2017 research about the gender of the country’s real estate investors, Dr Maria Yanotti, a senior lecturer in economics at the University of

Tasmania, sees the proportion of women investors rising, too.

“That figure would have gone up now,” she said. “In the first place, women are getting more of their finances in order and are thinking about superannuation and how to invest their money.

Secondly, the [Australian Bureau of Statistics] data shows how much households are changing, with more people living independently.

“In the past, the major financial decisions in households were taken by males and women had to be more concerned with bringing up children … Before, women might have made the decisions, but men were the ones to carry them through and have their names on contracts.”

The continuing disparity in earnings between men and women obviously doesn’t help, with Australia’s gender pay gap currently 14.1 per cent, according to the federal government’s Workplace Gender Equality Agency. On average, women still earn $263.90 a week less than men.

Marion Mays, the founder and chief executive of financial services firm Thalia Stanley Group, says that’s largely to blame for women’s underrepresentation. “With men earning more, women’s capacity to invest is restricted by their limited borrowing capacity,” she said.

“But we acknowledge in recent years that women have gained clarity that a man is not a plan and, while the majority of single investors are still men, women are now starting to be proactive with increasing divorce rates and adults being single longer.”

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One of Brisbane's Most Significant Riverfront Estates

Auction Boardroom Auction 12 October 12:00pm at Adcock Prestige Corporate Headquarters 2 Gardner Close Milton View Phone for Private Inspection Times

28 Zelita Road, Moggill Prestige. Privacy. Perfection. With an elevation that captures breathtaking panoramas of both the river and meticulously manicured grounds, welcome to the unsurpassed level of exclusivity and refinement that is, White Waltham. With a distinct grandeur and presence, this stately residence has been

enhanced by such exceptional architectural additions as a glass conservatory, separate pavilion forming the luxurious master retreat and The Summerhouse, a spectacular, large-scale indoor/outdoor function destination. The 11 ½ acre property features two tennis courts, pool and caretaker’s house.

JasonAdcock 0418 727 788 adcockprestige.com PR E ST IGE

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