Strathfield trophy home sells for $7.1 million

Strathfield trophy home sells for $7.1 million
Jonathan ChancellorDecember 7, 2020

The nation's top weekend auction sale was $7.1 million in Strathfield.

It was 23 Newton Road, Strathfield, one of only two homes remaining from a housing estate developed in 1927-28.

It sold for $300,000 over reserve, according to the Sunday Telegraph.

Sutherwood, a Tudor-style home, sold at $300,000 above its 2016 sale price of $6.8 million.

The vendors undertook a major renovation, adding an upstairs extension which was costed at $420,000, and installing a new kitchen.

Selling agent Steven Devine of Devine Real Estate said the 2036 sqm property probably had the biggest tennis court in Strathfield.

Strathfield trophy home sells for $7.1 million

Five buyers registered for the auction, with four taking part after its $5.8 million opening bid. 

It sits with the 1858 Newton Estate which was then acquired by Judge Joshua Josephson who subdivided and sold under the title 'Josephson's Estate' from 1916 onwards.

The home was built for Ernest Davis, the inspector of the Child Welfare Department, whose family retained the home until 1970.

A sheet from the Strathfield Heritage Inventory formerly claimed that 23 Newton Street was the home of Louie Bickerton, the Australian Open double champion.

It has been disputed by a more recent heritage study.

 

 

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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