by:KIRSTEN CRAZEÂ from:The Daily Telegraph
EXCLUSIVE eastern suburbs boys’ school Cranbrook has bought a renowned neighbouring estate in Bellevue Hill for $15.51 million.
The grand 1920s residence known as Sundorne is on a 2555sq m parcel of land and was originally part of the private school where fees average almost $30,000 a year.
The significant sale was held behind closed doors at an on-site invitation-only auction event … Continue Reading »
Lucy Macken, The Sydney Morning Herald
Sydney recorded its third highest auction sale price on Wednesday night when the former home of Sir Peter Abeles sold for $15,501,000.
There was much secrecy surrounding the private auction and agents refused to divulge details about attendees.
However, among the last to leave was the chancellor of … Continue Reading »
By Lyndall Crisp from The Australian May 04, 2013
Fashion designer Gerry Shaw at her home in Coogee. Picture: James Croucher Source: The Australian
IT’S the same story around Australia: houses with big price tags are difficult to sell. To keep ahead of the pack, real estate agents must continually trawl for new ways of attracting buyers.
Splashy photos online and in print are no … Continue Reading »
With the continued expansion of her eponymous fashion label across Europe and the USA and a new home and flagship store in Australia and West Hollywood waiting, sassy designer and jetsetter Gerry Shaw has listed her South Coogee home for auction with BHR Estate Agents’ coastal specialist, Catherine Bullen.
Shaw launched her brand in the 1980s with her unique and innovative designs … Continue Reading »
Master Builders Australia fears that the Prime Minister’s announcement today of a $12 billion deterioration in revenue is a signal for business and other tax increases in the May Budget.
Wilhelm Harnisch, Master Builders Australia’s Chief Executive Officer said increasing the tax burden on business will only put jobs at risk, force more marginal businesses to close down … Continue Reading »
The Housing Industry Association (HIA) will commence its Housing Australians campaign tomorrow with the release of a series of radio and print advertisements.
The HIA campaign, which aims to place housing issues squarely on the national agenda, will highlight the distressing facts impacting new housing, from the disproportionate level of taxation on the family home, growing rates of … Continue Reading »
By Lyndall Crisp from The Australian April 27, 2013
SUNDORNE, built in 1925 for about pound stg. 3250 and sold to transport magnate Peter Abeles and his first wife Claire Dan for about pound stg. 60,000 in 1958, sits in splendid isolation at the end of a long drive on 2549 square metres overlooking Sydney Harbour from atop Bellevue Hill.
With … Continue Reading »
Source: Rates Direct
With no change in the cash rate since December 2012 by the RBA, many homeowners are sitting tight on their variable rate home loan believing that they are getting the best rate available. After all the RBA’s Cash Rate is sitting at 3.00%, which is an all-time historical low. However, what we are witnessing … Continue Reading »
Sun sets on Sundorne: The long-held Bellevue Hill mansion.
The Bellevue Hill home of the late Claire Dan, AM, OBE is set for auction on May 22 with price hopes of more than $11 million-plus through BHR Estate Agents and Sydney Sotheby’s International Realty. Named Sundorne, the Victoria Road residence was the matrimonial home of Dan and the late … Continue Reading »
In view of recent economic data 28 analysts surveyed by Bloomberg News last week – forecast that the cash rate will remain unchanged at 3.00% for the third straight month in Tuesdays RBA meeting. The data shows the RBA’s 1.75 percentage points of cash rate cuts in the past 17 months are rebalancing an economy where mining regions in … Continue Reading »
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