Kambala's retiring principal sells Vaucluse bungalow
Jonathan ChancellorSeptember 25, 2013
Margaret White, the retiring principal of Kambala Girls’ School in Rose Bay, and her husband James have sold their Vaucluse bungalow.
It fetched $2.7 million post-auction through BradfieldCleary agents Bob Guth and Michael Rowles.
Margaret White has been principal of the private school for the past 14 years.
The couple bought the 563 square metre Ray Avenue property for $2.13 million in 2006.
The large three bedroom 1920s Californian Bungalow underwent renovations five years ago. It has approved Bruce Stafford plans for a second storey addition to capture harbour views.
The sale accorded with the suburb's current $2.78 million median house price which is up 3% in the past year, but down 13% over the past five years, according to RP Data.
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.
