2 days Ago By Stephen Nicholls
Rockleigh, in Wolseley Rd, Point Piper, is the top sale of the financial year at between $80m-$85m. Picture: Richard Dobson A pale pink home in Point Piper that last traded for $325,000 was Sydney’s most expensive house sale over the past financial year, going for between $80m and $85m. One of Sydney’s leading prestige property valuers, Simon Feilich, of Dyson Austen Advisory, who helped compile the list of 10 sales, says there’s been a “contraction” in the total value of the top properties this year.
“The total value of the homes on the top 10 list is $470m compared with $645m for the year before, when the top sale was $130m for the Point Piper house bought by Atlassian’s Scott Farquhar” Mr Feilich said. He attributes higher interest rates, inflationary costs and supply chain issues creating a more challenging business environment as possible influences. But as Mr Feilich points out, at this level, one big sale, such as the record-breaking $200m-plus sought by “Aussie” John Symond in Point Piper, “could change everything”.
All but one of the top 10 homes are in the east, with one exceptional home in Manly selling for $35m. The exclusive suburb of Mosman on the lower north shore doesn’t make the cut, with the highest $30m. Late mail of a $38m sale in Rose Bay couldn’t be verified, so it didn’t make our list.
MORE: Inside the best homes of the NRL’s biggest stars There’s a double garage, at last. Picture: Richard Dobson 1. Particularly unspect.
