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- Hunters Hill heats up as rebuild that last sold for $61,000 sells for $4m and new duplex sets suburb record
Hunters Hill heats up as rebuild that last sold for $61,000 sells for $4m and new duplex sets suburb record
Highlights:
- Raine & Horne Hunters Hill has achieved a suburb record for a luxury duplex in Hunters Hill and a street record of $4 million for a rebuild opportunity.
- The records are attributable to strong demand from downsizers and families seeking high-quality, low-maintenance homes close to elite schools, transport and village amenities.
- Market confidence is surging in Hunters Hill, as limited supply, diverse demand, and the lifestyle appeal of Hunters Hill continue to drive premium results across a range of property categories.
One of Sydney’s favourite prestige property markets, Hunters Hill is running hot, with Raine & Horne Hunters Hill achieving two major record results across very different housing categories, a testament to the suburb’s broad buyer appeal and long-term capital growth.
New designer home with city views
Selling agent, Emma Challen, Principal, Raine & Horne Hunters Hill, secured a suburb-record $5.05 million at auction on Saturday for a new designer duplex at 10A Earl Street, Hunters Hill[i].
The record-breaking, high-quality double-brick residence offers luxury low-maintenance living with city skyline views, premium finishes, a lift, multiple living zones, an elegant plunge pool, terraces and parking for up to three cars.
The modern four-bedroom property drew strong enquiry from downsizers and families with teenagers or part-time-at-home children, seeking exceptional design and convenience without the upkeep of a large estate.
“Most of the buyers have teenagers, so they don’t need a big backyard or space for a trampoline, but there are two additional large rooms for a home gym, games room or home theatre.”
She continued, “This home set a new benchmark for duplex living in Hunters Hill. The craftsmanship, attention to detail and views were unmatched, and buyers recognised the value immediately.”
Immaculate 1960s home held since 1976 fetches rebuild street record
Offered for the first time in nearly 50 years, the four-bedroom house on 722 sqm at 28 Rocher Avenue, Hunters Hill[ii], attracted $4 million prior to auction – also a street record for a rebuild.
“It last sold for $61,000 in 1976 and has only ever had two owners. It sits on a quiet, wide and tightly held street,” Ms Challen noted.
“The home built in the 1960s is immaculate, and buyers recognised a rare opportunity to secure a premium site in one of Hunters Hill’s most desirable pockets.”
Ms Challen attributes the twin record sales to the broader Hunters Hill market, which she says remains stable, resilient and strengthening.
“Proximity to leading private schools such as St Joseph’s College, Riverview and Marist Sisters’ College Woolwich continues to be a major drawcard. These homes are also close to the ferry, and we now have rapid private bus links to the city,” she said.
“This convenience, combined with a diverse local population and a growing café and restaurant culture within the Hunters Hill shopping village, is attracting strong demand.
“There’s real confidence in the market, limited supply and well-qualified buyers. Hunters Hill continues to perform across every segment.”
For all your residential sales and property management needs in Hunters Hill and surrounding suburbs, contact Raine & Horne Hunters Hill on 0402 955 437.
For further media information, contact:
Emma Challen, Principal, Raine & Horne Hunters Hill 0402 955 437
Ava Crawford, Head of Marketing, Raine & Horne Group on 0402 304 331
[i] https://www.raineandhorne.com.au/huntershill/properties/10a-earl-street-hunters-hill-2110-new-south-wales
[ii] https://www.raineandhorne.com.au/huntershill/properties/28-rocher-avenue-hunters-hill-2110-new-south-wales