Jennifer Hawkins and Jake Wall secure record $24.5 million Newport sale

Staff reporterAugust 27, 20200 min read

The billionaire Atlasssian co-founder Michael Cannon-Brookes and wife, Annie were the mystery buyers of Casa Paloma, the Newport waterfront home of Jennifer Hawkins and Jake Wall.

It sold in late June the last days of what was the quietest of financial years for prestige sales having been listed with $20 million hopes.

It sold for $24.5 million, a new record for the northern beaches after a spike of buyer interest through Christie's International selling agent Ken Jacobs.

The prior highest sale was when the late Sam Chisholm’s Palm Beach home was sold to Caledonia fund manager Mike Messara for $24 million in February. 

It took the glamorous couple eight months to secure their buyer of Casa Paloma, which many inspectees suggested was the best built home on the pricey peninsula.

The four-level residence, designed by Koichi Takada on its 3360 square metre holding, sold just two days before June 30, and just short of three years after they moved in.

The couple have suggested they intend to head to the Central Coast, but their relocation plan has not been revealed.

Hawkins and Wall bought adjoining their adjoining blocks in 2014 for $4 million. 

It is the first $20 million-plus deal outside of Palm Beach on Sydney’s northern beaches with Finisterre on Avalon’s Stokes Point selling for close to $20 million in 2002 to the Oatley wine making family.

The Cannon Brookes already own at Palm Beach, but had been looking to upgrade.

Jake Wall's plans were revealed in 2015.

The couple had previously lived at Curl Curl North where Jen and Jake have watched whales cruising across the horizon in the Windy Drop Down gated community.

Before Hawkins made the move to the northern beaches, she owned a townhouse in Coogee, which cost $2.27 million in 2009 for $2.27 million and was sold for $2.3 million in 2012.

Staff reporter

Jennifer Hawkins
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