Lisa Ho's weekend auction disappointment following Kim Kardashian frock high
Silverton, fashion designer Lisa Ho’s 1890s Italianate residence at Randwick in Sydney’s east, was withdrawn from its weekend auction. The four-bedroom freestanding Dutruc Street property, with elegant French provincial adornments, cost $4 million when bought in early 2010 from the interior designer Ros Palmer. Palmer had paid $266,000 in 1985.
Ho has undertaken some renovations to the house on a 630-square-metre holding. It's one of three original homes known collectively as the judges' houses in Randwick's sought-after northern precinct. It includes a stately English oak-panelled living room. There is also a detached teenagers' retreat. It’s listed through Pauline Goodyer at GoodyerDonnelley in conjunction with Alain Waitsman from LJ Hooker Double Bay.
The street's last sale was when Earlswood, the 1890s residence, sold in September last year for $4.3 million. With the top-end market conditions being less robust than 18 months ago, Goodyer was suggesting to buyers that Silverton could sell for less than its last traded price.
But Ho’s week hit new international highs when Kim Kardashian wore a Lisa Ho cream Flying Arches Dress With Back Neck Tie at the Sydney launch of the Kardashian Handbag Collection last week.
Ho, who was born in Albury, on the New South Wales and Victorian border, began sewing at age four inspired by her grandmother, a tailor. She later trained in fashion design at East Sydney Technical College, graduating in 1981, soon after going out on her own.