Domain Prestige - November 22, 2023 by Domain Magazines

22 NOVEMBER / 2023

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

WOW FACTOR Complete with a private helipad

L I V E F L AW L E S S It’s often said that buildings are defined by their location. However, occasionally a location can be defined by a building. Brand new completed private residences, benefiting from world-class lifestyle by The Langham, Gold Coast and available to move in immediately at Australia’s definitive beachfront address. LIMITE D RE LE A S E N OW S E LLI N G

JEWELPRIVATERESIDENCES.COM. AU 1300 5 52 4 56 SALES GALLERY & DISPLAY APARTMENTS OPEN 7 DAYS Located street level, Corner Wharf & Old Burleigh Roads, Surfers Paradise, Gold Coast 4217.

LII FE S T Y L E BY L

R E G I S TE R N OW

B RO U G HT TO YO U BY

B y K ATE FARRE LLY

Tallebudgera Valley Gold Coast Hinterland 53 Gibsonville Street J OSE PHIN E H U YN H

Auction: 10am, December 8 Agent: Kollosche, Troy Dowker 0409 057 087 A short helicopter ride makes light work of the “Pain now for gain later”. Those words stuck with me after reading this

commute from Gold Coast Airport to Dahlia

edition’s Property Investor column, and it’s what I’m holding onto to get me

Estate, a 2.19-hectare hilltop retreat complete

through the RBA’s 13th interest rate hike since May last year. But it’s not all

with a helipad, a heated pool, a tennis/basketball

doom and gloom, as cashed-up investors are set to reap the rewards of a

court and a treetop viewing platform. The true

more favourable investor market. Read more on page 13, where the experts

highlight, though, is the striking, Jayson Pate-

weigh up the risk. With another rate rise before Christmas unlikely, let’s

designed residence, which delivers 940 square

focus on the lighter Design Digest, where the theme for the week will

metres of indoor-outdoor accommodation.

transport you straight to summer. Right now, luxury lifestyle listings are out in full force across the nation, dressed to impress and make the most of the ideal inspection weather – like the hilltop home in Tallebudgera Valley on the cover, the Brisbane residence styled to perfection on the right, and the brutalist-inspired Perth project for sale a few page turns over.

O U R COVE R 53 Gibsonville Street, Tallebudgera Valley Listed by Kollosche PAG E 4

Editor: Josephine Huynh Editorial producer: Hailey Coules Group picture editor: Kylie Thomson Senior designer: Colleen Chin Quan Graphic designer: Emma Drake National magazine editor: Natalie Mortimer Group content director: Mark Roppolo Chief marketing officer: Rebecca Darley Chief executive officer: Jason Pellegrino Residential sales: Queensland Amanda Vaughan 0413 370 004 New South Wales Joe Pinneri 0408 694 223 Victoria, Western Australia, South Australia, Northern Territory & Tasmania Ray van Veenendaal 0438 279 870 New development sales: Ivan Curic 0413 498 156 Media sales: Sam Hill 0438 348 998 Contact: editorial@domain.com.au

4 PR E ST IGE

HOT PROPERTY

DESIGN DIGEST Holidays, here we come

ARCHITECTURE A rare sight in Perth

LIVING IN Nestled in the Noosa hinterland

THE PROPERTY INVESTOR Unpacking the latest rate rise

7 8 11 13

Rose Bay Sydney 1 Rawson Road $40 million

Expressions of interest Agent: Ray White Double Bay, Elliott Placks 0402 149 917 Offering sweeping city skyline and Harbour Bridge views and an impressive 720 square metres of accommodation across three levels, this Studio Johnston-designed residence wraps around a courtyard dishing up plenty of northern light. Entertain in the formal dining room or cool off in the pool.

Paddington

Palm Beach

Brisbane 39 Garfield Drive

Sydney 95 Pacific Road

$10 million

$14 million-$15 million

Expressions of interest: Close 5pm, December 6

Expressions of interest: Close 3pm, December 5

Agent: SpinksCo Residential, Rachael Spinks 0411 101 015

Agent: LJ Hooker Palm Beach,

Set high on Paddington Hill and claiming panoramic views over the city and

BJ Edwards 0420 304 140

Scenic Rim, this contemporary family home comes with multiple outdoor

A comprehensive renovation has increased the

entertainment areas, edible gardens and a pool. Designed by Shaun Lockyer,

already significant appeal of this coastal retreat,

the home’s finishes include New York marble and Italian granite.

which captures northerly views over the beach.

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ARTIST IMPRESSION

BURLEIGH’S FINEST BEACHFRONT ADDRESS Burly Residences represents one of the most memorable and beautiful residences ever created on Australia’s iconic Gold Coast. Located on the beachfront on The Esplanade at North Burleigh Beach, this is a place blessed with raw beauty. Led by DD Living, Koichi Takada Architects and Mim Design have combined to deliver a six-star luxury lifestyle beyond anything ever seen on the Gold Coast. 2 BEDROOM RESIDENCES FROM $2.2M 3 B E D R O O M O C E A N F R O N T R E S I D E N C E S F R O M $ 4 .1 2 2 M 3 B E D R O O M + M U LT I P U R P O S E R O O M S K Y H O M E S F R O M $ 6 . 4 8 6 M

BRAND NEW SALES GALLERY NOW OPEN North Burleigh Surf Life Saving Club, Level 1, 293 The Esplanade, North Burleigh, Gold Coast 264 - 268 THE ESPLANADE, NORTH BURLEIGH, GOLD COAST 1 3 0 0 3 0 8 3 9 8 | B U R LY R E S I D E N C E S . C O M . A U

DESIGN DIGEST

Summer’s calling As the weather gets warmer and the days longer, these chic poolside pieces allow you to slip into holiday mode. C o m p i l e d b y PAU LIN E M O RRIS SE Y SUN CATCHER The Borea Lounge by B&B Italia epitomises outdoor luxury with its distinct balance of elegant oval shapes. Boasting a reclinable back, its curved aluminium frame supports an aluminium slatted base, topped with a plush mattress. spacefurniture.com.au

VINTAGE VACATION Reintroducing a cherished classic, the retro-striped Classic Pool Ring by Poolside Store is available in sun-kissed shades like peach, limonata and tangerine, designed to sail beyond a single-use summer, ensuring sustainable enjoyment. poolsidestore.com.au

SEEKING SHADE

FORM AND FUNCTION Tailored for the discerning poolside, Tait’s Seam

Seek solace from the

collection merges sleek design with impeccable durability. Showcasing

sun beneath the

clean lines, each table and chair is sculpted from a single aluminium sheet,

Double Caspar

featuring a distinct “seam” along the back. madebytait.com.au

Umbrella by Basil Bangs. Infused with Hollywood Regency elegance, it showcases a double-layered, lofted canopy in a spectrum of summer hues anchored by an all-white mast and base. basilbangs.com

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Underneath the arches Architect Nic Brunsdon looked to Japan for inspiration on how to soften concrete and create intrigue. B y PAU L B E S T

8 PR E ST IGE

ARCHITECTURE

YOUR AGENT John Hunter, William Porteous Properties International

“This home is an incredible opportunity … engaging a great architect. The house – with so much material mass, balanced with warmth and inviting family spaces – will excite buyers, as you don’t often see this calibre of home come to market.”

hen a young couple approached Nic Brunsdon to design a high-end house on a tight block (and even tighter budget) in North Perth, an idea hit the award-winning architect like a bolt out of the blue – arches. No matter which direction you look, you spy arches: big and small – what Brunsdon labels “grand” and “pedestrian” – both parallel and perpendicular to the street, and across the ground and the upper floors. “I have these moments every so often when everything synthesises, and the solution just emerges,” Brunsdon says. “It’s like a 30-second sketch; it happens in a flash, like divine intervention, a lightning bolt.” In mind already was the Tama Art University Library in Tokyo, which Brunsdon had visited during a study tour of Japan. The library, designed by Toyo Ito, is like a forest of concrete arches. As Brunsdon saw it, the building was sheltering but welcoming. “It was brutal but friendly,” he says. “It struck me because the client wanted concrete … in a residential setting.” With both land and budget constraints, Brunsdon landed on another bright idea: a lattice of interlocking precast concrete panels. “They’re a very commercial industrial material and application,” he says. “That’s where the arches come in: to soften [the structure] so it has more of that humble residential scale and feeling.” The concrete arches gave the owners the clean, minimalist design they sought and spoke to their respective Greek and Italian heritage. Crucially, too, the waffle pattern provided necessary structural stability. But the arches perform other tasks, like enhancing a sense of space. Stepping through the mousehole-like entry, a double-height, lightfilled vestibule initially draws the gaze skyward – as does the soaring main corridor. Moreover, you receive a view of the full length of the house to the rear garden, lured by a succession of pedestrian archways acting as thresholds as you move deeper into the property.

Larger grand arches frame the more private, intimate family areas, such as the stage-like kitchen, dining room and lounge. “It’s all about slowing things down, revealing things step by step, so the house feels longer, the experience more considered,” Brunsdon says. Up a flight of concrete steps, the arch motif continues. Perpendicular to the street are more grand and pedestrian arches, which can be observed from the ground but are best appreciated from the first floor, inviting extended glimpses south to the city and north to the light. They also let you see wall-to-wall. As Brunsdon says: “You experience [the interiors] in their maximum length, so it doesn’t feel small or pokey.” They add decorative flourishes, too, while bringing the material palette into play. In keeping with the overall design, Brunsdon purposely exercised restraint with his range of materials, paying respect to Japanese design principles of simplicity, asymmetry and precise, understated beauty. Offsetting the raw concrete are timber and translucent polycarbonate sheeting. The timber elements create moments of intimacy and warmth throughout the house – including the

walnut joinery in the kitchen and lounge, the balustrading and stairs, and ceilings. Timber’s textural touch is there again in the arched forms of the wardrobe in the main sleeping quarters – one of three bedrooms – in a bibliophile’s bookcase, bookended by a study and leisure zone, or simply as a decorative inlay. “It’s about human interaction,” Brunsdon says. Insulated polycarbonate screens the arched windows along the first-floor boundaries, allowing a soft, diffused light to flood the interiors, again boosting the sense of space. Against this limited palette, Brunsdon introduces pops of colour: a deep forest green in the en suite and yellow and pink in the second bathroom. He further combats the site’s compactness with a curved rooftop retreat, accessed via a glass hatch and offering heady, full-circle prospects of Perth and the city centre. In addition, Brunsdon used a sustainable, passive solar design to maximise cost efficiency and livability, with north-facing windows screened by concrete fins, insulated walls, cross ventilation, solar banks, rain harvesting and a native garden. “It’s a small house with civic ambitions that punches above its weight,” Brunsdon says. “It’s about the quality of space.”

North Perth Perth 8 Thompson Street Circa $2 million

Expressions of interest: Close 5pm, November 27 Agent: William Porteous Properties International, John Hunter 0427 654 352

Hover your camera over the code to see Domain listings in North Perth

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LIVING IN

26.4552° S, 153.0098° E

DOONAN

The bushy and rural acreages behind Noosa are attracting young families seeking space, peace and nature. B y PAU LIN E M O RRIS SE Y In the gentle embrace of Noosa Valley’s

architectural gems on vast lands and granting

hinterland and a mere whisper from the coast

panoramic vistas of the hinterland and coast.

lies the serene suburb of Doonan. Here, residents are treated to nature’s daily

an astonishing 73.5 per cent hike over five years. “While Noosa’s attractions – its shores, dining

$4.7 million-$5.2 million

scene and renowned river – are always within

meets the tranquillity of acreage living; the

reach, Doonan residents cherish the comfort of

sublime equilibrium of subtropical warmth and

retreating home to their personal paradise,”

just enough winter chill for cosy evenings.

Berns says. “Locally, there’s an expanding array of

the wanderlust hits, Brisbane Airport is a little

attractions, such as The Doonan, a newly

over an hour’s drive away.

opened garden-centric venue, and the luxury

Doonan’s dazzling delights

Sunshine Coast 319 Duke Road

the area’s median house price at $1.7 million –

evenings lit with crackling fires and fireflies.

And, as for those ever-so-rare moments when

Doonan

The latest Domain House Price Report puts

spectacle of sunsets over hill country and It’s where the allure of Noosa’s bustling energy

YOU MAY LIKE ...

Ikatan Day Spa.”

Doonan is the type of place that draws a diverse

City life to garden delights

crowd, from space-seeking families to remote-

Doonan’s allure was irresistible for Sarah Hansen

working professionals.

and her husband David, proprietors of the

Expressions of interest

Doonan Valley Garden Centre and landscaping

Agent: David Berns Real Estate,

supplies store The Yard.

David Berns 0408 629 438

David Berns Real Estate principal David Berns says an invigorating influx of young families has breathed new life into the community. “Whether hailing from interstate, abroad or other corners of Queensland, everyone is captivated by Doonan’s blend of rural

The couple, once Sydney-based corporate

Seemingly floating high above Noosa, this

professionals, shifted gears in 2020 to embrace

architectural jewel is immersed in breathtaking

this verdant venture.

hinterland and ocean vistas. Inside, versatile

“Mornings here can begin with kangaroos

open-plan spaces flaunt floor-to-ceiling glass.

landscapes, larger acreages and an undisturbed

frolicking on our front lawn,” Sarah says, “and

sense of peace,” he says. “Each property here

within a brief 20-minute journey, we could swim

Tranquil and beautiful,

possesses a unique character, contributing to a

at one of Australia’s best beaches. It just ticks all

Doonan is just a 15 to

market that remains tightly held.”

the boxes from climate to lifestyle [and]

20-minute drive from

Hover your camera over the

accessibility to cherished spots like world-class

Noosa’s beaches and

code to see Domain listings

restaurants, all without the city clamour.”

lifestyle offerings.

in Doonan

Berns has facilitated the sale of many exquisite Doonan properties, many of which have been

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O�� estates sprawling across 34 acres. ��

— BROOKLET NSW — 44 RISHWORTHS L ANE

FOR SALE Expressions of Interest Close Friday 24 November at 4pm

DEBORAH CULLEN

RICHARD ROYLE

0401 849 955

0418 961 575

CULLENROYLE.COM.AU

THE PROPERTY INVESTOR

ADOBE

The latest rate rise isn’t all bad news While the RBA’s actions will hurt some owners, investors – particularly those in a strong cash position – stand to benefit. B y SU E WILLIAMS

Many investors were hoping for a rate rise to create more favourable buying conditions.

he 13th rate rise by the Reserve Bank of Australia since May last year could actually prove lucky for some – mainly those cashed-up investors. While many home owners will face even more pain as a result of the latest 25-basis-point hike lifting the cash rate to 4.35 per cent, there are some winners besides those losing out. In the long term, it’s in all our interests to have inflation reined in to within the RBA’s 2-3 per cent target range rather than the current 5.4 per cent, say most experts. But in the short-term, some stand to gain more than they sacrifice. “This latest rise means they’ll have to cut rates sooner to get growth,” says Scott O’Neill, founder and director of Rethink Investing and author of Rethink Property Investing. “Otherwise, the cash rate would have remained high for a longer period, so the silver lining is that it could accelerate the case for reduced rates in the future. “And although it will mean pain for some … it does mean there will be a little bit better buying conditions out there for others. If you have the

cash now, the rewards will come. I have over 100 investor clients who were hoping the rate would go up as they expected it to generate more favourable buying conditions.” Obviously, for those taking out mortgages to fund more property purchases, the cost of that

“There will be fewer investors and owneroccupier buyers in the market now.” money is higher – perhaps an extra $80 a month in repayments on a $500,000 loan. Some, however, are well set up to afford that additional charge. “There’s a lot of negative gearing in investment property, so buyers aren’t significantly out of pocket,” says property valuer and investment

advisor Anna Porter, founder of Suburbanite. “If you’re in a strong cash position, then you’re in an even better financial condition. “There will be fewer investors and owneroccupier buyers in the market now, so there will be some really good buys out there. Even if a property might cost an extra $10,000 in holding costs, you might buy for $40,000, $50,000 or $60,000 under what you might have paid, so you’re making up that cost.” Most experts agree that a December rate rise is unlikely, with new RBA governor Michele Bullock unwilling to be seen as the Grinch who killed Christmas. So, it’s pain now for gain later. Yet, while the rate rise could be seen as a bonanza for many investors, they should still take the time to weigh up all their options, says independent economist Saul Eslake. “It could still be a risky time to invest in property,” he advises. “I found it interesting that the governor made a specific reference to rising property prices in her address. “If migration falls back, then property price rises could slow to more usual levels. And if they don’t, then this higher cash rate could remain for longer than people realise. “So, I suspect that people could do better with their money. You can now get almost 5 per cent by putting your money in a bank, and would you get that much, after expenses, from owning investment property? “On the other hand, there will be some forced sales, and opportunities for good buys.”

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9 MCMILL AN COURT, SOUTHPORT 5

7+1pdr

1,763m2*^

1,411m2*

21.3m*

MAGNIFICENT MAIN RIVER ENTERTAINER

EXPRESSIONS OF INTEREST Closing Wednesday 6 December at 5:00pm

Crowning a sprawling 1,411m2* double block with a coveted east-facing orientation, this extraordinary estate offers an unparalleled Main River lifestyle within the prestigious TSS district. Designed by esteemed architect Bayden Goddard, a four-level residence exudes genuine Hamptons charm

IN S PECT BY APPO INTM ENT

and boasts an impressive 1,763m2* under roof. Luxury knows no bounds with a well-appointed kitchen, temperature-controlled wine room, opulent primary bedroom, cinema, gym, and a relaxing steam room. An enclosed BBQ kitchen and poolside wet bar add allure.

MICHAEL KOLLOSCHE 04111 888 15

The rooftop offers indoor-outdoor entertainment with captivating river and city skyline views,

SAM GUO 0423 064 310

while outside, a 12m* pontoon with twin jet ski docks and a sandy beach fulfills the waterfront dream. This residence is the ultimate sanctuary for those who demand uncompromising luxury and an exceptional Gold Coast lifestyle.

JULIA KUO 0402 668 885

*approximate ^gross floor area

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16 P R E S T I G E

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18 P R E S T I G E

EXPERIENCE THE BAYTREE. An elevated retirement lifestyle. Unique opportunity Penthouse 35. You’re invited to experience genuinely exceptional living, in a space you can call home.

TDW14088 1023

View by appointment 1800 550 550 www.thebaytreeabyardency.com.au Scan QR code for find out more

Photographs are for illustrative purposes only. Keyton proudly operates under the Retirement Villages Act. Published by Keyton RL Realty (NSW) Pty Ltd ABN 27 138 535 823. Printed in November 2023.

86 Gully Road, Carey Gully South Australia E 18.87

A 18-acre slice of Hills heaven, ready for you to build your dream home, only 30 min to Adelaide... Contact Agent Best Offers By 12pm Wed 29th Nov Arabella Hooper 0403 336 407 Elle Seaman 0434 644 856

HA RRI S RE .C O M. AU | RL A 2 26 40 9 PR E ST IGE

106 Woods Hill Road, Summertown South Australia A 4 B 2 C 2 E 25.55

Arabella Hooper 0403 336 407 Leah Chandler 0407 799 928

35 Trevelyan Street, Wayville South Australia

Stately private manor brimming with C1925 elegance Contact Agent For Sale

A 4 B 2 C 2 D 590

H A R R I S R E .C O M . AU | RLA 226409 20 P R E S T I G E

Sited in the golden wine valley, 25 min to Adelaide, a very special home with 18acres of commercially viable vineyards... Best Offers By 12pm Wed 6th Dec View Contact Agent

Taylor Bishop 0409 256 092 Dylan Lynch 0431 896 146

337 Belair Road Lynton South Australia A 8 B 4 D 32900

When once-in-a-lifetime is an understatement… Contact Agent For Sale Daniel Oliver 0400 877 705 Daniel Stewart 0435 764 255

H A R R I S R E .C O M . AU | RL A 2 26 40 9 PR E ST IGE

1958 Caves Road, Naturaliste. Award winning luxury retreat, spa, vineyard • 54.32 hectares of tranquility just minutes to Dunsborough and Yallingup • 4.85 hectares of vineyard with a choice of Cab Sav, Merlot & Chardonnay • Best Luxury Spa Hotel winner 2014 for the World Luxury Hotel Awards • Accommodation comprising deluxe suites, luxury villas & main residence • Opulent Day Spa incl treatment rooms, bathrooms, kitchen, waiting room • Large picturesque dam, multiple sheds, sauna, courtyards and a gazebo

belleproperty.com 22 P R E S T I G E

13 For sale Offers closing 4pm Friday 8/12/2023 View Contact agent

54.32

Jon Hayes | 0411 746 106 Shane Garrett | 0421 812 866

See demand for your home Download the app

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Celebrating 15 Years Enjoy Savings In Store Now

Above: Tao Outdoor Table & Tosca Armchairs by Tribu

coshliving.com.au

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