Domain Prestige - September 28, 2022

28 SEPTEMBER / 2022

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

STAIRWAY TO HEAVEN A s tep above the re s t

B y K ATE FARRE LLY

Mosman Sydney 16 Iluka Road $35 million J OSE PHIN E H U YN H

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Private sale Agent: Atlas Lower North Shore, Michael Coombs 0407 980 443 Architecture and beautiful spaces have a magical way of transporting

Claiming a waterfront reserve position

you to a certain place, whether it’s a calming state of mind or a surprisingly

overlooking serene Taylors Bay, this classy

vivid reminder of a country once travelled to. Maybe it’s the urge in me to

Shaun Lockyer-designed home comes with

book the next flight to Europe after seeing my Instagram feed filled with

Justine Hugh-Jones interiors, a heated pool,

friends’ holiday escapades and my imagination using any excuse to live

an impressive wine cellar and vast indoor and

vicariously, but this edition of Prestige has taken me on a journey across

outdoor spaces for entertaining. The palatial

the globe and I hope it does for you too. The Adelaide project Dana writes

main bedroom suite includes two offices, a

about in the Yellowtrace feature whisks me to the modern builds of Bali. Its

huge dressing room and a decadent en suite.

concrete aesthetic and curated green plantings wouldn’t look out of place near a rice field. Meanwhile, the al fresco areas of the Mosman home to the right could be mistaken as an Airbnb or a bar in Greece – all you need is a couple of linen cabanas, a sunset and you’re there.

O U R COVE R 61 Victoria Street, Waverley Listed by McGrath Paddington PAG E 3

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

TIMOTHY KAYE

DESIGN DIGEST Style revival

YELLOWTRACE An Adelaide beauty

LIVING IN Among the gum-trees

THE PROPERTY INVESTOR Buy now or later?

5 6 9 11

Waverley Sydney 61 Victoria Street $11.9 million

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Auction: 12.45pm, October 8 Agent: McGrath Paddington, Luke Hogan 0408 490 490 A winner at the World Architecture Festival Awards in 2016, this striking CplusC-designed residence has more than delivered on its intention to dish up wow factor on all three levels. Highlights include the curved dining zone beneath a sculptural staircase, a soundproof music room and a heated pool.

Brighton

Moggill

Melbourne 114a 114 Esplanade $7.6 million-$8.2 million

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Brisbane 28 Zelita Road 6

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Expressions of interest: Close 5pm, October 11

Auction: Noon, October 12

Agent: Buxton Real Estate Brighton, Ben Vieth 0404 084 793

Agent: Adcock Prestige,

Located directly opposite Brighton’s iconic bathing boxes and beach, this

Jason Adcock 0418 727 788

character home sitting pretty on a spacious 1287-square-metre block offers

On a 4.6-hectare riverfront lot 30 minutes from

multiple living spaces spilling out to a north-facing terrace, pool and cabana,

the CBD, this 1950s New England-inspired home

all wrapped in established gardens.

has six living zones, a pool and two tennis courts.

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DESIGN DIGEST

Mid-century modern Sleek and simple yet surprising and playful, these modern makes give a nod to mid-mod style. C o m p i l e d b y PAU LIN E M O RRIS SE Y JUST ADD FLOWERS Exhibiting a striking amber hue and creative trio shape that resembles glassware of a bygone era, the Arura trio vase by Danish brand AYTM is made from mouth-blown stained glass, forming an ageless design. aytmdesign.com

NOSTALGIC PRINTS From beautiful bedding to trendy tableware, textile brand Bonnie and Neil produces a myriad of original hand-screen printed artworks, often inspired by 1970s motifs. bonnieandneil.com.au

REFINED REFLECTION

welcomes her modular Float sofa – a reimagining of 1970s silhouettes, available in a warm brown

PERFECT PAIRING As the first Australian design brand to work with Pantone, Sarah Ellison

Crafted by renowned

hue named Piccolo – created in partnership with the powerhouse name. sarahellison.com.au

designer Alain Gilles for Italian brand Miniforms, the Coque mirror sees a beautiful contrast between a glossy curved mirror and its matt ceramic shell, finished in three different colours. miniforms.com

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COURTESY OF JONES

“The curved bulkhead feels weighty yet soft and is an example of compression and release in action.”

YELLOWTRACE

b y DANA TO MIC H U G H E S

A voyage of discovery

S

eeing a promising young design firm grow and evolve is always a joy. Adelaide-based Studio Gram cut their teeth on a string of hospitality projects, starting small and humble, moving on to bigger and better venues, while the residential commissions followed.

Their latest project, Rose Park House in Adelaide, is perhaps their finest work to date, with a sense of theatre synonymous with hospitality venues deftly translated to a residential context.

Rose Park House is, in every sense, a project of discovery. The early 1900s Queen Anne villa appears like any other on the street. However, beneath the surface lies a series of spaces designed to be consistent yet unique in their function and expression and also consistent in

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their approach, resulting in an architectural response that’s completely unexpected.

“Early investigations revealed that the walls of the original dwelling were constructed from offform concrete, making it a unique building for its age and location,” explains Dave Bickmore, project architect and director of Studio Gram. “This discovery served as a key material direction of the project.”

To maintain the integrity of the original dwelling, the team made only subtle layout changes to incorporate a main wing with a walk-in wardrobe and en suite. The central corridor holds the original spatial arrangement and leads one on a path of discovery.

Each room uses colour and materiality to evoke a feeling sympathetic to its function. The

wine room exemplifies this approach through the use of a rich burgundy colour, a celebration of the client’s wine collection that also speaks to Studio Gram’s hospitality design prowess.

“The existing pool was retained, and whilst it wasn’t love at first sight, it served as a key driver for the location and arrangement of the extension,” Bickmore says.

The pool’s gentle curves were referenced in the sculptured forms found throughout the interior.

“As a subtle homage to its curved forms, and the role it played in the aesthetic direction of the project, the pool motif has been inscribed into the pelmet within the front sitting room,” says Bickmore.

The extension crescendos in the final room, where a billowing form becomes the transition

Form and function: The revelation that the walls of the original Queen Anne-style building were constructed using off-form concrete informed the design and construction decisions for the extension and renovation.

TIMOTHY KAYE

between the original dwelling and the extension, celebrating the unification of the old and the new.

“The curved bulkhead feels weighty yet soft and is an example of compression and release in action,” explains Bickmore.

Off-form concrete exclusively supports the new pavilion form. “Taking full advantage of its rear northern aspect, the concrete ‘nose-cone’ rises up to meet the midday sun,” he says.

To be within Rose Park House is to be reminded of the interplay between time and space, lightness and mass – a case in point for the poetic power great architecture can add to our lived experience. yellowtrace.com.au

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Waterfront design excellence, space and style.

Howrah, 31 Corinth Street

Expressions of interest closing 14th October

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936m²

Commanding world- class views across the river Der went and Hobar t to Mount Welling ton, this s ens ational water front re sidence pre s ents de sign excellence, space and style in one of Hobar t’s most popular suburbs.

A p r i v a t e s a n c t u a r y o f c o n t e m p o r a r y e l e g a n c e d e s i g n e d f o r i n d o o r- o u t d o o r living and enter taining . Master fully designed and built , this home reflects H o b a r t ’ s c l i m a t e , l i f e s t y l e a n d c u l t u r e e x q u i s i t e l y.

B l u e e d geproper t y.c om.au 15 H u nter Stre et , Hobar t 6 2 3 4 24 0 0

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A n d re w We l l s , 0 4 0 2 3 7 7 7 3 0 a n d re w.w e l l s @ b l u e e d ge p ro p e r t y.co m .au Ta h l i a C a nt w e l l , 0 4 2 6 2 2 9 781 ta h l i a .ca nt w e l l @ b l u e e d ge p ro p e r t y.co m .au

LIVING IN

31.9096° S, 116.1043° E

DARLINGTON

In a bushland setting in the Perth Hills, Darlington fuses new with old just 30 minutes from the city. B y PAU LIN E M O RRIS SE Y

YOU MAY LIKE ...

Glen Forrest

Imagine a suburb reminiscent of a quaint

routes to schools in the city,” adds Harper. “The

English town, almost entirely circled by natural

suburb also inspires an active lifestyle, with many

Mundaring Shire 28 Glenburn Road

bushland, with hills and valleys that burst into a

walking and bike trails.”

$2.7 million+

vivid display of beautiful wildflowers in spring.

This dreamlike description perfectly defines

Headed for the Hills

Darlington, the crowning jewel of the Perth Hills.

Residing in the inner city for most of their adult

A worthy tree change

bought a family home in Darlington in mid-2021.

Enveloped by a rambling, park-like garden, it has

more alluring, attracting a growing number of

plenty of space for their family to grow.

“Darlington has a great fusion of old and new,

“We wanted to provide a home environment surrounded by nature and outdoor activities, but still be somewhat connected to inner-city life,”

thanks to tree-lined streets that reveal a mixture

says Bronte. “Darlington has certainly fulfilled

of grand heritage homes, 1970s originals and

this dream.”

modern architectural builds,” says Harper. “It’s

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change of heart after having their daughter, and

The Agency Perth, living in the hills is becoming

boutique suburb.

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life, Bronte Taton-Boulet and Joshua Casey had a

According to Patrick Harper, property partner of

affluent buyers who have their eyes set on this

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On top of being a new mum, Bronte is the

certainly an ideal place to make a tree change

creative director and antique collector at Cleo

Private sale

while remaining well connected to Perth’s CBD,

Collects, offering exclusive European and

Agent: The Agency, Patrick Harper 0413 440 107

which is only a 30-minute drive away.”

Australian homewares. This business runs from

This palatial rammed-earth residence is a five-

her home, which doubles as an idyllic backdrop

minute drive from Darlington. It crafts a striking

Darlington’s median of $800,000 is up 13.5 per

for many of her product’s photo shoots. Yet,

presence on four hectares of lush bushland and

cent year-on-year, contributing to its 24 per cent

when free time arrives, she notes how she has

evokes a luxury wilderness escape. Inside,

jump over five years. And so long as city folk

come to relish Darlington’s many delights.

atrium-style windows are an absolute highlight.

Domain’s latest House Price Report shows that

continue to surrender to the urge to live among

“Lunch visits to the Darlington Estate Winery

the trees, this market is likely to continue to

are always special, and so are pop-ins to the Two

Tree-lined streets and

strengthen.

Birds homewares store and the Mundaring and

a natural bush setting

Kalamunda Farmers Market, or playtimes with

have inspired modern

Hover your camera over the

great schools, including the Helena primary and

my daughter at the local pool or playground,”

architectural builds in

code to see Domain listings

college, together with the availability of bus

Bronte says.

Perth’s Darlington.

in Darlington

“Residents of Darlington can enjoy several

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429* HECTARES 1,060* ACRES

ROTHERWOOD R O T H E R W O O D -EST 1820-

LAKE BATHURST - NEW SOUTH WALES

• Historic Pastoral Holding - A landmark country estate comprising 429* hectares (1,090* acres) in the renowned Southern Tablelands of New South Wales.

• Location - Situated at Lake Bathurst, only 25*km from Goulburn, 78*km from Canberra and 230*km from Sydney.

• Iconic Homestead - Beautiful 7-bedroom homestead established circa 1820*, recently renovated with contemporary floorplan and intricately designed gardens.

• Land - Highly developed holding, suitable for cattle breeding and sheep production with improved perennial pastures and good fertiliser history.

• Productivity - Home to the award-winning ‘Limoges’ Limousin Stud. Currently carrying 300* cattle.

• Rural Lifestyle Opportunity - Warranting the complete rural package, close to Sydney and Canberra via the Hume Highway.

• Excellent Water - 14 surface dams, 24 troughs and a reticulating electric ground bore.

• Improvements - Includes modern steel cattle yards, machinery shed/workshop, new 4-bay shed and grain storage.

*Approximately

FOR SALE VIA EXPRESSION OF INTEREST CLOSING WEDNESDAY 2 NOVEMBER 2022 AT 4PM

INGLISPROPERTY.COM.AU

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SAM TRIGGS M: 0410 683 891

LIAM GRIFFITHS M: 0427 474 900

THE PROPERTY INVESTOR

GETTY

Supply crunch may be good news Some buyers are holding back and new dwelling approvals have slumped. It could be the right time to invest in quality property.

B y SU E WILLIAMS

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Buying well is the key to investment success in an uncertain market.

atest figures showing a plunge of 17.2 per cent in the number of building approvals for dwellings in July – 25.9 per cent down on the year – foreshadows a likely chronic shortage of housing from 2023.

The most worrying fall, recorded by the Australian Bureau of Statistics (ABS) research, is the slump of 43.5 per cent in private sector apartments to their lowest level since January 2012. So, is that an argument to invest now?

It’s more an argument to make sure you buy well, argues the chief executive of Metropole Property Strategists, Michael Yardney. “There’s a lack of supply on the market even now, and especially of A-grade property,” he says.

“As a result, this is a time to pick the eyes out of the market, especially as it’s not too competitive at the moment, with other buyers holding back because of uncertainty and interest rate rises. So, it would be good to invest now before interest rates stabilise later this year or next, and people come back into the market.”

With building costs rising and approvals down, it’s likely that apartments could be 20 per

cent more expensive later, he says, making buying now – as long as that suits your financial circumstances and investment strategy – even more of a wise move.

As another plus for investors, the current tightness of supply and the future prospects of

“When there are low listings and high demand … expect prices to grow.” a more acute housing shortage will mean that growth in capital values will be assured, predicts Darren Venter of The Investors Agency.

“When there are low listings and high demand, you can expect prices to grow,” he says. “So, it can be a good idea to buy in those conditions.

It can be more challenging, but it can be more

beneficial to do so. An easy way to gauge demand is by looking at how quickly properties are selling or at the number of listings that are being bought.

“Another tactic is to shop on the fringes of these markets, where more stock is available and easier to buy. In time, those markets will also grow as soon as the trend catches up.”

The ABS data on dwelling approvals found all states bar South Australia were down – Western Australia by 36.9 per cent, Victoria by 17.4 per cent, NSW by 16.2 per cent, Tasmania by 14.5 per cent and Queensland by 13.7 per cent.

In such circumstances, looking for good yields, as well as long-term capital growth, does become more important, suggests Lloyd Edge, property strategist and the managing director of Australian Property Professionals.

“Savvy investors will be looking to buy in good existing properties in good areas with a lot of infrastructure going in,” he says.

“That often means investing in regional markets rather than capital city markets.”

National property analyst Terry Ryder, owner of hotspotting.com.au, agrees. He points to promising regional markets like Tamworth in NSW and regional Queensland areas like Toowoomba, Townsville, Rockhampton and Gladstone. They all have properties that are relatively much cheaper to buy but, with strong rents, can show very respectable yields.

“It’s quite favourable now for investors as long as they choose their location well,” he says.

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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 W Waltham. With a distinct grandeur and presence, this stately residence has been 12

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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

BELLINGEN 1090 Promised Land Road ´Aniseed´ comprises of a wonderfully appointed 5 bedroom, 2 bathroom contemporary homestead along with 2 sensational self-contained villas all set amongst mature established gardens on 13.34 Hectares (33 acres) of land. Set in a commanding and private position looking out over the Great Dividing Range, ´Aniseed´ is located 25 minutes from Coffs Harbour and 9 minutes to the gorgeous town of Bellingen.

•Beautifully appointed main home w/ skillion roof design plus 2 self-contained villas both w/ outdoor spas •Walk straight from the entertainer's veranda across manicured lawns to the north facing salt water pool •12kw solar system, mains power, 234,000 L of water storage, access to water from Never Never creek •Located just across the road are crystal clear swimming holes with resident platypus plus many picturesque surf beaches and quaint seaside towns within a short drive

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5 Auction View

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6.00pm, Monday 24th October By appointment David Medina 0419 772 233 James McCowan 0418 800 400 Grant Dale 0499 199 122

All information contained herein is gathered from sources we deem to be reliable. However we cannot guarantee its accuracy and interested parties should rely on their own enquiries.

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68 The Peak Road, Cairns (QLD)

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1007m2

Offers Over $1,950,000

Architectural masterpiece with City, Ocean & Mountain Views. Brand new and built to an unsurpassed standard with liveability and practicality in mind. Providing a low maintenance but lavish lifestyle that is rarely available.

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Upstairs offers two self-contained guest suites, each complete with their own kitchen, bathroom, living area, bedroom and balcony plus their own sub-meters & seperate access

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Central kitchen with enormous butler’s pantry/laundry, stone benchtops, loads of storage, European appliances, large island bench and servery to the outdoor BBQ area

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Securely gated with extra wide garage for 2 vehicles plus plenty of space for a caravan or boat

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546m2 under roof off offering an open plan design, multiple indoor & outdoor living areas, polished concrete floors & an expansive media room with automation & theatre system

Michelle Champion 0432 034 886

championsinrealestate.com.au

37 Saltwater Drive TOOMULLA BEACH QLD 4816 Beyond the facade of this beachfront home are the absolutely stunning 200 degree views of the islands and Coral Sea from every level. Architecturally designed and custom built, this 381 sqm home on an 814 sqm block spans four levels with generous living spaces, cleverly considered access bridges and outdoor spaces, and a private staircase to the beach below. Located 47 km north of Townsville’s CBD, 20 minutes to major shopping precincts and with airport access.

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BEACHFRONT

Central kitchen with deck and ocean views Master bedroom on entirely separate level Sunrise breakfast deck from the master suite 5th bedroom or home office Guest accommodation with ocean view living Staircase directly to private beach Three outdoor decks & established gardens Air-conditioning, furniture options

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FOR SALE $769,000 ALISON GOUGH 0421 583 169 INSPECTIONS Contact agent

explorepropertytownsville.com.au PR E ST IGE

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