Pymble listing aims for year high as auctions continue well into December

Pymble listing aims for year high as auctions continue well into December
Jonathan ChancellorDecember 8, 2020

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The 1902 Pymble residence sometimes known as Abia and also Coromandel has been listed for December 14 auction, sitting among the last wave of pre-Christmas auctions.

The Church Street house, which comes with five double bedrooms – three with handy fireplaces – is tipped by its McGrath agents to fetch more than $4.25 million.

Its main bedroom leads to a veranda, study/library (with marble fireplace) and a return veranda with views. The large in-ground pool has sandstone surrounds and a gazebo, and the property is set in landscaped gardens (by Gordon Sykes) on about 1,566 square metres with a northerly aspect. The Federation house on a quiet street catches views of the city skyline and Lane Cove valley.

It is also within easy access to a number of schools including PLC, Knox, Barker, Abbotsleigh and Pymble Public School.

It last traded at $3 million in 2002.

Its listing agents are Carole McCrea and Philip Waller from McGrath in conjunction with McConnell Bourn agent Matthew Bourn.

There have been about 90 house sales this year in Pymble at a $1.4 million average price, according to RP Data.

The suburb's highest disclosed sale price was $2.88 million on Taunton Street in February this year although a Bobbin Head Road house sold for about $4.1 million in April, on which RP Data yet to record its sale price.

The sales history

1975    $116,000

1986    $540,000

1988    $1.1 million

1996    $1.1 million

1998    $1,805,000

2002    $3 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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