Sydney suburb with two new property records – realestate.com.au

Two properties have rewritten the Hunters Hill record books by setting respective benchmarks for different property categories.

A $5.05 million auction set a new suburban record for a luxury duplex, the other sale was a street record $4 million for a rebuild opportunity. The latter last sold in 1976 for $61,000.

Raine and Horne Hunters Hill achieved the two results which are said to be testament to the suburb’s broad buyer appeal and long-term capital growth.

Emma Challen, director and sales agent of Raine and Horne Hunters Hill, secured the $5.05 million luxury duplex suburb record for 10A Earl St at auction on Saturday.

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With views of the city skyline, the double brick residence offers luxurious, low-maintenance living with high-quality finishes. An elevator serves the house with multiple living zones. There is also a plunge pool, terraces and parking for up to three cars.

The four-bedroom property was said to have attracted strong interest from downsizers and families with teenagers or children living at home part-time, who were looking for exceptional design and convenience without the maintenance of a large estate.

“Most buyers have teenagers, so they don’t need a large backyard or space for a trampoline, but there are two extra-large rooms for a home gym, games room or home theater,” says Ms. Challen.

“This house set a new benchmark for duplex living in Hunters Hill.

“The craftsmanship, attention to detail and appearance were second to none, and buyers immediately recognized the value.”

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The new designer duplex set a suburban record

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The second was a street record for the possibility of rebuilding a house from the 1960s that had been in use since 1976.

The four-bedroom house on a 722 sq m plot at 28 Rocher Ave sold for the first time in almost 50 years before auction for $4 million.

Ms Challen said the house last sold for $61,000 in 1976 and has had only two owners.

“It is on a quiet, wide and well-maintained street,” she said.

“The 1960s house is immaculate and buyers saw a rare opportunity to secure a prime location in one of Hunters Hill’s most desirable areas.”

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No. 28 Rocher Ave, Hunters Hill attracted $4 million prior to auction.

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Ms Challen attributed the double-digit record sales to the wider suburban market.

She noted strong demand from downsizers and families looking for high-quality, low-maintenance homes close to elite schools, transportation and village amenities.

“The proximity to leading private schools such as St Joseph’s College, Riverview and Marist Sisters’ College Woolwich remains a key draw,” she said.

“These houses are also close to the ferry and we now have fast private bus connections into the city.

It was this convenience, combined with a diverse local population and a growing café and restaurant culture within the shopping village, that would attract strong demand.

“There is real confidence in the market, there is limited supply and there are well-qualified buyers,” Challen said.

“Hunters Hill continues to deliver in every segment.”

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