Darlinghurst terrace record set to tumble on Surrey Street

Darlinghurst could be set for a new record terrace price with the home of band manager Grant Thomas on the market.

The striking Dale Jones Evans-designed minimalist terrace is mostly concrete, sandstone and glass finishes.

The two storey Surrey Street terrace was built in 1880 and is a five-bedroom property that comes with four bathrooms and four car spaces.

The former Crowded House manager bought it in 1999 for $855,000 from Andrew Nolan and Sarah Robson.

The median house price in Darlinghurst sits at $1,180,000, according to RP Data ad Darlinghurst’s median house value has risen over the past five years by 42%.

Ignoring the freestanding Iona mansion, the Darlinghurst record price for a terrace has stood at $4,625,000 since 2010 for a wide Darley Street corner terrace house, Chimera through Ben Collier at McGrath Estate Agents.

The slender terrace has been marketed as “no idea too grand” by estate agents Darren Pearce and Shannan Whitney of Bresic Whitney who say the 420 square metres of space has been “dressed in Stucco Veneziano coatings."

There is a $3.95 million asking price for 250 Liverpool Street, a five bedroom 1860s sandstone terrace, Cambewarra.