Bowral

Property developer Birdy is currently constructing a residential project in Sydney’s Southern Highlands.&nbsp;

The subsidiary of Australian builders, Tribeca, will construct a collection of just four pavilion residences, with the project tipped to attract attention from buyers looking for a low-maintenance home that offers privacy.&nbsp;

Located in Elmsdale at 56 Kangaloon Road in Bowral, each of the pavilions will comprise three-bedrooms, three-bathrooms and a double garage, with considered landscaped gardens in their surrounds.&nbsp;

Knight Frank Agent, Nathan Berlyn is marketing the residences, which are priced from $2.5 million to $2.7 million, saying the homes would appeal largely to downsizers looking for freestanding single-level homes offering great internal proportions, a low maintenance yard, within a boutique complex, all just minutes from Bowral’s town centre.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="60c2adb0-8c33-40ed-a338-f78581c47906" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/01-%20LIVING%20VIEW%201%20-%20Woodland.jpg?VersionId=lVXY48eRRQDmlNsMcFmC1HFgrUj8YbTo" />

“One of the biggest draw cards for buyers in the area is the location of Elmsdale in the village of Bowral, with easy access to a huge range of cafes, restaurants and shops,” he said.

“Elmsdale also benefits from being only minutes away from many nature walks, national parks, historic villages, award winning wineries and beautiful gardens that are ever-changing through the seasons.

Berlyn said the Southern Highlands had seen significant demand during and post COVID from Sydney-based buyers.

“We are still seeing strong demand across multiple projects, with Sydney buyers from affluent areas seeking a weekend retreat or eventual retirement home in Bowral,” he said.

“This, combined with the demand from local downsizers coming off larger acreage lots, is creating strong interest in a well-designed project such as Elmsdale.”

Designed by Bowral-based Tziallas Architects, the homes will span from 214.5 sqm to 233.5 sqm, with land sizes ranging from 387 sqm to 407 sqm.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="7b35f301-f0bf-428f-95ee-8f5bb87fd273" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02-%20LIVING%20VIEW%202%20-%20Alpine.jpg?VersionId=pNP6.goO9p9981mLEcipQ79Ba2W4wNDz" />

The residences will feature two living rooms which connect to a garden terrace with an entertainer’s deck, as well as an entry hallway with a built-in window seat.&nbsp;

Josiah Sciascia of Birdy said space, light and laidback luxury characterised the future-proofed pavilions in Elmsdale, which have been designed with quality finished for a low maintenance lifestyle.&nbsp;

“The residences are the epitome of Southern Highlands life,” he said.&nbsp;

“Vaulted ceilings, clean lines and easy flow floorplans come together to create a tranquil and inviting home for relaxing and entertaining.”&nbsp;

Under floor heating and heated towel rails will also be incorporated, in addition to a butler’s pantry, a gas fireplace, wall panelling and floor-to-ceiling windows. &nbsp;

“Each residence is individually designed to incorporate understated opulent materials including recycled brick, modern roof profiles, vertical v-groove cladding and contemporary landscaping for a low-maintenance lifestyle,” Sciascia said.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="694fb501-efb0-4db3-aeb5-72ecf908e93e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/13-Elmsdale-Street-3.jpg?VersionId=ownMriuEIo7R5l2yd3VYNYvvF4qzBPLR" />

“They are also future-proofed for accessibility. Each residence is designed with generous space in the kitchen, master bedroom and main bathroom with large spacious hallways and flat entrance thresholds for level access.”

“Expansive double-glazed windows and doors connect each residence to the surrounding gardens providing an immediate connection to nature.”

Construction on the homes is slated for completion by the first half of this year.&nbsp;

[smartcode_project_cta:default project_id=138289]

alisonwarters@gmail.com

Boutique residential development under construction in Bowral 

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Having sold his city home to Hamish and Zoe Blake, Peter O’Connell the co-founder of telecomms giant Amaysim Australia, has spent big in the Southern Highlands.

He’s emerged as the $4.25 million buyer of the Bowral cottage transformed by the serial renovator Jenny Rose-Innes.

Rose-Innes, who wrote Australian Designers at Home, and the more recent bestseller, British Designers at Home, had paid $1,275,000 in 2015, having found the neg­lected cottage on an evening walk with dogs, Miss Penny the schitzu and Fergus the schnauzer.

Marketed as a Connecticut-style home, the weatherboard-style residence has three bedrooms and three bathrooms. 

Late last year O’Connell sold his longtime Vaucluse home to the comedian Hamish Blake and his business owner wife, and ironically the Bowral-born Zoe Foster-Blake, for $8,925,000. The couple have moved back to Sydney from Melbourne due to Foster-Blake’s booming skincare business Go-To. 
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Marketed as a Connecticut-style home, the weatherboard-style residence has three bedrooms and three bathrooms. 

Joel Robinson

Amaysim co-founder Peter O'Connell spends $4.25 million in Bowral

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Apollonia, a timber Bowral residence on 2600 square metres in Merrigang Street, has been listed for sale. 
The historic Bowral<a href="https://www.domain.com.au/for-sale/37-39-merrigang-street-bowral-nsw-2576-2011852807" title=""> </a>retreat of former the Westpac chief executive Frank Conroy and his wife Jan who plan to spend more time at their Bendalong beach house,.
Belle Property Bowral agent Di Dixon <a href="https://www.belleproperty.com/buying/NSW/Southern-Highlands/Bowral/House/58P0121-37-39-merrigang-street-bowral-nsw-2576" target="_blank">seeking $3.5 million</a>.
The 1890 home takes its name Apollonia after the patron saint of dentistry given its long ownership by the local dentist.
It was Robert Uliana who undertook its substantial renovation along with adding its two-bedroom guest house and indoor, heated lap pool.
It last traded in 2005 for $2.95 million.
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Retired banker Frank Conroy lists Apollonia

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Most property investors are out there chasing the big growth. Many of them end up disappointed citizens, especially those who chase it in the wrong places, like resources-influenced regional centres.
Very few places sustain that big growth for more than short periods.
There’s a lot to be said for a less popular but much safer and often more profitable policy: chasing consistency.
In our quarterly survey of sales activity around Australia, a report we call The Price Predictor Index, we have a prominent spot for the consistent markets. I tend to think of them as The Stayers of residential real estate.
They sit in the middle of the market, between the growth locations and the declining ones. These Consistency markets record steady rates of sale, quarter after quarter, year after year.
These locations, above all else, represent safety for investors. They are usually not boom markets, but have the valuable quality of solidity and consistency. And markets with this high level of even performance usually produce solid price growth over time.
Bowral in the Southern Highlands of NSW is one of those wonderfully consistent markets. It tends to sell between 100 and 110 homes every quarter, regardless of what’s happening in the wider market or the general economy.
In the past 12 months its median house price has risen 14% to $710,000 – and over the longer-term it has averaged 7% per year for the past decade.
The Sydney suburb of Sutherland has a modest median price, by Sydney standards, of $780,000 but it is good performer on price growth, on the back on a steady sales performance.
Over the past three years it has recorded between 78 and 88 sales virtually every quarter. No dramatic peaks and troughs, just good steady performance. Its median has grown 13% in the past year and it has averaged 9% per year over the past decade, which means values doubling in eight years.
The Brisbane suburb of Bulimba is another of those stayers – selling a similar number of properties quarter after quarter, year after year. Its median price has grown an average of 7% per year over 10 years, including 9% in the past 12 months, and its median is now above a million dollars.
These case studies – and there are many more like them - show that Consistency markets can produce good price growth and, in particular, steady long-term capital growth rates.
And they can be found anywhere, including in city markets that are generally in decline.
Perth is towards the bottom of the pile in terms of capital city markets. In the new Autumn edition of The Price Predictor Index, we can now identify only four suburbs with any kind of forward momentum in the entire Perth metropolitan area. But one Perth suburb has grabbed our nomination as the most consistent market in the nation.
Middle-market Willeton has sold between 80 and 87 homes per quarter in 10 of the past 11 quarters (with one quarter recording 100 sales). In the past six quarters, sales have been 83, 84, 83, 86, 87 and 81. Willeton is in the Canning LGA in the southern suburbs of Perth and currently has a median house price of $755,000.
While Perth prices generally are going backwards, three years after that market peaked, Willeton’s median price grew 3.4% in the past 12 months and has grown an average 7% per year over the past three years. Its long-term performance is 8.5% per year, which means values doubling in 8-9 years.
It’s a good example of how The Stayers perform, even when surrounded by a broader market in decline.
Terry Ryder is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a>
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The Stayers perform, even when the market is in decline: Terry Ryder

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Andrew McCulloch, the Ray White NSW CEO, is putting his Bowral home to weekend auction.

It has been popular with Sydney buyers seeking a treechange. 

The auction guide is $2 million to $2.2 million.

“During the first open we welcomed 14 groups through the home,” Ray White Bowral agent Gene Fairbanks said. 

<img alt="" height="1361" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ray_white_bowral_2.jpg" width="2000">

"The beautifully done renovations, greenery and comfortable living it represented, ticks all the boxes for Sydney buyers,” he said of the home at 7 Alfreda Street, Bowral.

It is a 10 minute walk from the town.

Its outdoor living facilities on its 4500 sqm holding comes complete with brick pizza oven and built-in BBQ area.

Several cameras guard the main entrance gates.

<img alt="" height="476" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ray_white_bowral_3.jpg" width="700">

There have been 4,468 page views on the realestate.com.au website which has 98 Bowral properties for sale.

The median property prices over the last year sits at $1,100,000.

Based on five years of sales, Bowral has seen a compound growth rate of 8 percent for houses and 3.2 percent for units.

Houses in Bowral rent out for $590 PW with an annual rental yield of 2.8 percent while its units rent for $400 PW with a rental yield of 3 percent.

Between December 12 and December 31, Ray White NSW has 545 properties scheduled to go under the hammer, with 245 of these this Saturday.   
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Andrew McCulloch, the Ray White NSW CEO, is putting his Bowral home to weekend auction

jchancellor

Tree change Bowral offering from Ray White NSW chief Andrew McCulloch

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Jenny Rose-Innes, who describes herself as "a serial renovator and garden maker" has sold her charming Bowral cottage, finding a $4.25 million buyer in just two weeks.

She's been building houses and gardens for over 40 years.

Her latest creation had a home on its 1560sqm marketed as Connecticut style by Di Jones agent Michael Cawthorn.

<img alt="" height="1372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/innes_bowral_2.jpg" width="2000">

Rose-Innes hails from South Africa, coming to Australia with her husband and family a little more than a decade ago. 

Rose-Innes, who wrote Australian Designers at Home, and the more recent bestseller, British Designers at Home, had paid $1,275,000 in 2015, having found the neg­lected cottage on an evening walk with dogs, Miss Penny the schitzu and Fergus the schnauzer.

“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.
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“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.

Jenny Rose-Innes sells Bowral cottage for $4.25 million

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The owner of a Paddington art gallery Justin Miller has listed his historic Bowral weekender, Kowana amid signs the Southern Highlands market was falling.
The 1890s residence in the Notts Hill precinct has a garden established in the 1930s by Altona James, wife of the Point Piper Supreme Court judge Augustus James.
The cottage has around 200 sqm internal space.
The 7,955 sqm property, which is set across two titles on Mount Road, <a href="https://www.realestate.com.au/sold/property-house-nsw-bowral-120709017" target="_blank">cost $1.75 million in 2015</a>.
There were $40,000 renovations approved in 2016.
There are $3.75 million hopes.
The homes was owned by international record producer Mark Opitz and his wife Vanessa in the 1990s when they hosted visitors including Helena Christensen and Michael Hutchence.
A four bedroom country style Mount Road home on 2000 sqm, with views toward Gibbergunyah, fetched $1,665,000 last month having traded at $1.7 million in 2018.
A nearby Mount Road offering has been on the market without success since last October.
It is close to the site of Kevin Ryan's Waterbrook Bowral (formerly Our Lady Of The Sacred Heart School), a luxury 17 ha retirement village development site.
It will have 135 luxury villas, with an extensive range of onsite facilities including; 24/ 7 concierge, a wellness centre and spa, business centre, lounge spaces, restaurant, bar, ballroom/play theatre and library.
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Bowral weekender Kowana listed by art dealer Justin Miller

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The charming Bowral home, Wynnstay has sold for $1.54 million in just three weeks of its recent listing.
The Boronia Street cottage in 4,875 sqm of established gardens has three bedrooms and two bathrooms.
One of the living areas features a Heatcharm slow combustion fireplace with a tessellated tile hearth and timber mantlepiece.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/11/Wynnstay%202.jpg" alt="">
A paved garden room leads from the dining area through French doors.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/11/Wynnstay%203.jpg" alt="">
In the grounds are established trees, including fig, Canadian western red cedar, silver birch and wisteria vine.
Duncan Hill Property agents Duncan Hill and James Sgouros secured the quick sale.
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jrobinson-rf4aSBido9

Bowral trophy home Wynnstay sold for $1.5 million

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Art adviser Justin Miller has sold his historic Bowral weekender, Kowana, which had $3.75 million hopes.
The 1870s cottage, with about 200 sqm of internal space, sits on an elevated 7955 sqm just outside the town. There are Canadian redwood walls and New Zealand kauri pine floors at the cottage, which was built for Randolph Nott, the architect who became a Macquarie Street politician and building society pioneer.
Set in the historic Notts Hill precinct, its English-style garden dates back to the 1930s when planted by Altona James, wife of the one-time Point Piper domiciled judge Augustus James.
It was retained by the family until 1962 when sold by Bruce Ryrie and his wife, Altona.
The house traded at $265,000 in 1987 and then sold for $660,000 in 1997 by international record producer Mark Opitz and his wife Vanessa, who hosted visitors including Helena Christensen and Michael Hutchence.
There were $40,000 worth of renovations approved in 2016 after it was bought by the art doyen (pictured) for $1.75m in 2015.
Miller advises private and corporate collectors on the purchase and sale of their 19th and 20th century art. He has almost 30 years’ experience in the fine art auction industry and is best known for his 11 years as chairman of Sotheby’s Australia from 1999 to 2010.
Kowana, which was sold by local agent Michael Cawthorn, is close to Kevin Ryan’s luxury 17-hectare retirement village site, Waterbrook Bowral.
This article was first published in the Sunday Telegraph.
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