Parbury penthouse on Pottinger Street runs out of puff with 13% decline: RP Data's top 10 sales

Jonathan ChancellorNovember 19, 2012

A $3.2 million Millers Point penthouse weekend sale reflected a 13% decline on its previous $3.7 million sale in 2006.

It first sold off the plan in 2001 at $3.65 million. It's in a Pottinger Street block of 33 apartments, the Parbury, a Mirvac-Transfield-built residential complex in the Walsh Bay Sydney Theatre precinct.

Spanning two levels and 338 square metres, it came with three bedrooms, with large terrace with views across the rooftops of terraces in The Rocks. Its quarterly strata levy was around $7900.

It had been listed for August mortgagee auction with $3.5 million hopes.

It was the week's second highest sale, according to the RP Data top 10 sales list.

The list was topped by a near new Vaucluse clifftop duplex that fetched $3,275,000.

Melbourne sales dominated the list with six sale, the priciest being $2.8 million in Hawthorn.

1. 5 MARNE Street, Vaucluse, NSW, 2030, five-bedroom house, sold at auction on November 17 by Mcgrath Estate Agents for $3.275 million

2.  901/1 POTTINGER Street, Millers Point, NSW, 2000, three-bedroom unit, sold at auction on November 17 by Morton And Morton Real Estate for $3.2 million

3. 12 NEW BEACH Road, Darling Point, NSW, 2027, three-bedroom house, sold on November 16 by Cb Richard Ellis -  Residential Projects for $3 million

4. 12 LENNOX Street, Hawthorn, VIC, 3122, five-bedroom house, sold at auction on November 17 by Kay & Burton Hawthorn for $2.8 million

5. 18 JOHN Street, Kew, VIC, 3101, four-bedroom house, sold at auction on November 17 by Jellis Craig Real Estate Hawthorn for $2.6 million

6. 12 STEWART Street, Brighton, VIC, 3186, four-bedroom house, sold at auction on November 17 by Marshall White Real Estate Armadale for $2.52 million

7. 59 POWER Street, Hawthorn, VIC, 3122, four-bedroom house, sold at auction on November 17 by Marshall White Real Estate Armadale for $1.95 million

8. 73 GRAHAM Street, Albert Park, VIC, 3206, four-bedroom house, sold at auction on November 17 by Hocking Stuart Real Estate Albert Park for $1.88 million

9. 5 DENNING Street, Coogee, NSW, 2034, four-bedroom house, sold on November 14 by Park Beachside - Coogee for $1.87 million

107 CRESWICK Street, Brighton East, VIC, 3187, five-bedroom house, sold at auction on November 17 by Marshall White Real Estate Armadale for $1.81 million

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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