Gordon

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Killarney Castle, a five-bedroom, three-bathroom castle in Gordon has been listed for sale by Black Diamond estate agents Alice Chen and Greg Howard. 
The <a href="https://www.realestate.com.au/property-house-nsw-gordon-133717414" target="_blank">3 Glenview Street property</a> is a local landmark and crafted from hand-hewn sandstone.
It has $4.95 million hopes.
The 1918 castle features lush established gardens with lawns and courtyards, high ceilings, exquisite joinery and intricate timber work, formal living and banquet dining rooms each with a fireplace, and a Chef's kitchen with high end Gaggenau appliances and gas cooking.
<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/2020/6/19/19_Kitchen.jpg" alt="">
For entertainment, the caste offers a large loft-style retreat, entertainment room, artist's studio or gym, wine cellar, and solar swimming pool. 
The castle last sold for $2,600,000 in 2013 and at $1,530,000 in 2000. 
<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/2020/6/19/19_Castle%20Pool.jpg" alt="">
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Gordon's Killarney Castle on the North Shore listed for sale

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The longtime Sydney automotive business, the Alto Group has listed a 6063 sqm Gordon site as a residential development offering.
The 888 Pacific Highway, Gordon, in Sydney’s north, is set to attract keen Chinese interest given its street number.
It is approved for the development of 144 residential dwellings and 730sq m retail space.
It is listed with price expectations of more than $35 million through Colliers International’s Guillaume Volz in conjunction with Shead Property.
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Alto Group list 888 Pacific Highway Gordon

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Gordon, the ACT suburb, has been pinpointed in the latest Residex Predictions Report as the nation's top growth prospect.
The list identifies 109 suburbs and towns nationally that are most likely to deliver better than average growth over the next five and eight years.
The report ranks the top 109 suburbs where predicted capital growth is forecast to be between an average of 4.0 percent and 11.1 percent per annum over the next five years, and between an average of 5.1 percent and 8.4 percent per annum over the next eight years.
Based on Residex’s predictive model, the best performing suburb has been identified as Gordon in the ACT, 28 kilometres south of Canberra, where house values are predicted to grow by an average of 8.4 percent per year for the next eight years.
The median house value in Gordon is currently $576,662 and the median value growth was a strong 5.6 percent in the year to October 2016.
For that median price a four bedroom home, such as the one at <a href="https://www.realestate.com.au/property-house-act-gordon-124363650" target="_blank">53 Wootton Crescent</a> (above), is available for $575,000.
Similarly a three bedroom home at <a href="https://www.realestate.com.au/property-house-act-gordon-123890790" target="_blank">6 Price Place</a> (below) has been listed for sale for $589,000.
<img src="https://www.urban.com.au/images/2017/01/17/Screen%20Shot%202017-01-17%20at%2011.41.06%20AM.png" alt="">
Examples of houses that have been sold at Gordon includes a three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-act-gordon-124211006" target="_blank">11 Flegg Crescent</a> (below) that was sold for $565,000.
<img src="https://www.urban.com.au/images/2017/01/17/Screen%20Shot%202017-01-17%20at%2011.42.33%20AM.png" alt="">
Similarly a three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-act-gordon-123469498" target="_blank">10 Lawlor Place</a> (below) was sold for $405,000.
<img src="https://www.urban.com.au/images/2017/01/17/Screen%20Shot%202017-01-17%20at%2011.46.59%20AM.png" alt="">
The report is a valuable starting point for property investors researching where to buy next, Kylie Davis, Residex head of marketing said.
“The suburbs listed in the report are the ones that we would expect to perform well in future years based purely upon the statistical patterns that the Residex algorithm has identified in their historical growth rates,” said Tim Lawless, CoreLogic’s Asia Pacific Research Director.
“Residex’s predictive model doesn’t allow for new developments, changing demographic patterns, improved infrastructure or any other such factors and these can have a substantial impact on the capital gain prospects across a suburb or town.”
The December report is the first Predictions Report compiled by Residex since the business was purchased by CoreLogic in 2016, and uses the combined data resources of the two businesses.
The data is drawn from median values using the CoreLogic automated valuation model, rather than median sales prices. This is an important distinction as it takes into account the value of all properties within the suburb, not just those that have transacted across the period. This makes it a more reliable and stable indicator of values across the region.
The suburb of Pemulwuy in NSW held the number two spot with house values expected to provide an average of 8.34% growth per year over the next eight years. Batemans Bay on the NSW South Coast came in third position with an average of 8.29% growth anticipated per year over the next eight years. Houses in Middle Swan ranked fourth while houses in Brighton, Tasmania ranked fifth.
In the national report, 107 suburbs had top predictions for houses while there were two suburbs for units. Across the country, 60 of the top 109 suburbs were in regional Australia and 49 were in city areas.
Broken down by state, 16 were in the ACT, 39 suburbs were within NSW, 15 were in Queensland, there was 1 from SA, 13 from Tasmania, 6 from Victoria and 19 from WA. Separate reports are also available for Victoria, NSW and Queensland.
Mr Lawless said the report was not definitive and other suburbs could also perform strongly. Investors should conduct their own additional research before deciding to commit to a purchase.
“As with any forward looking analytic, the reports are predictions, not a guarantee of future growth, and taking into consideration your own personal circumstances is vital,” Mr Lawless said.
Get your full copy of the <a href="https://www.residex.com.au/top-100-predictions-report?utm_source=blog.residex.com.au&amp;utm_medium=article-link&amp;utm_campaign=kd-160117" target="_blank">Residex Predictions Report here</a> for $195 per state or $250 for the national report.
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Gordon ranked as the best price growth prospect in the country by Residex

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Properties in Gordon, Killara and Pymble are appealing to a wide range of buyers, according to Savills’ latest report.
It noted across the suburbs, the median house price in January 2017 was $2.3 million, over twice the average for Greater Sydney.
It advised there is a premium for being closer to the city and in close proximity to a train station.
“Killara is the most expensive with an average house price of over $2.5 million compared to West Pymble at $1.7 million," the report advised.
“House prices have experienced significant growth over the past decade, increasing by 103%, in line with the Sydney average.
“Across the suburbs, West Pymble and Pymble experienced the strongest growth with house prices increasing 113%, reducing the value gap with suburbs closer to the city.
“Strong growth has continued over the past 12 months, driven by a lack of supply across the area, with house prices across the five suburbs increasing by 13%, outperforming the Sydney average.
“Units in the area had a median value of $970,000 in January 2017, less of a premium than houses when compared to Sydney at just one third more expensive.
“Similarly to house prices, apartment values vary in price along the train line. Pymble is roughly 10% cheaper than those in Killara and Gordon.
“Growth in unit prices has been slightly more subdued than houses with an increase of 83% over the past decade.
“However, much like houses, price rises over the past year have outperformed the Sydney average with an increase of 11%,” the report stated.
Private renters are more frequent in medium density housing areas according to Savills head of research Sophie Chick.
“The proportion of private renters varies significantly across the area,” Chick says.
“Unsurprisingly, there is a higher concentration in the areas with more medium density housing.
“Gordon has the highest proportion with 22% of the residents private renting, followed by Killara with 18%.
“Conversely, just 9% of residents in West Pymble are private renters.
“Across the suburbs, the median weekly rental value was $1,200 for a house and $700 for a unit in January 2017, equating to average yields of 2.8% and 3.7% respectively,” she commented.
International buyers are an important source of demand Savills says.
“Across the five suburbs, families with children make up over half the residents, accounting for 57% compared to an average of 45% across Sydney.
“International buyers are an important source of demand for the housing market across Sydney as both owner occupiers and investors.
“Of the five suburbs, East Killara has the highest proportion of residents born overseas, accounting for 45% of the population with a particular dominance of residents from China and Hong Kong.
“Accessibility to employment locations is high priority for many house hunters.
“Residents across the area work in a number of locations, reflecting the suburbs' connectivity to major employment hubs.
“The largest employment industry for people living in the five suburbs is the professional, scientific and technology sector accounting for 18% of employees compared to an average of 10% across Sydney.
“This industry is the fastest growing in Sydney meaning the area is well placed to draw on the newly created wealth in these industries.”
Qualities that attract residents to these areas are expected to grow Savills comments.
“It is important to assess the outlook for the area in the context of the Sydney market,” the report advised.
“Factors such as low interest rates, population growth and infrastructure investment point to a positive economic outlook for NSW over the next five years.
“These factors are expected to continue to support demand for housing, particularly in Sydney.
“However, it is likely the rate of growth will slow, given the affordability pressures and the regulatory measures implemented to slow the amount of bank lending to investors.
“Across all five suburbs, the good primary and secondary schools, connectivity, high quality housing stock and open space available are expected to continue to appeal to families looking for their long-term home regardless of market conditions.
“The development of apartments and townhouses along the Pacific Highway provides a wider range of housing options, which is likely to attract a broader demographic of buyers including first home buyers, downsizers and investors.”
For more information go to Savills' home <a href="https://www.savills.com.au" target="_blank">page</a>.
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Gordon, Killara and Pymble appeal to wide range of buyers: Savills

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Glengowrie, the Gordon trophy home, has been sold in double quick time by ex-Macquarie bankers Trenna Probert and Craig Swanger.
They <a href="https://www.realestate.com.au/property-house-nsw-gordon-127606130" target="_blank">secured $4.6 million in a quick sale</a> through Ray White Wahroonga agent Anna Cavill.
The couple, who now run their own investment and adviser business from home, paid $2.9 million for the home in 2014 before they extensively redesigned the home.
Dating back to 1905, the five bedroom Cecil Street home sits in 1800 square metres of native gardens, including a cricket-pitch rear yard, sprawling verandahs and a swimming pool.
Inside there's a home office, music room and a formal dining and lounge with original marble fireplace.
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Former Macquarie bankers sell Glengowrie at Gordon in five days

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Restaurateur Brien Trippas, founder and chairman of the Trippas White Group, has listed his five-bedroom, three-bathroom character home in Gordon.
It has been offered with $4.6 million hopes.
It includes a Howard Tanner-designed extension, with gardens by Annie Wilkes, and a cabana beside the gas-heated pool.
Presiding over a 1,511 square metre block, the home situated at<a href="https://www.realestate.com.au/property-house-nsw-gordon-129823906" target="_blank"> 29 Nelson Street, Gordon </a>comprises five double bedrooms, open plan living and dining, chef's kitchen, central garden courtyard and alfresco terrace.
<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/2018/11/22/gordon%202.jpg" alt="">
Other features include wine cellar, Jet-master fireplace, gas heated pool and double lock-up garage.
It's just an easy stroll to the rail, bus, village and convenient to North Shore's finest schools.
<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/2018/11/22/gordon%203.jpg" alt="">
The property will be auctioned on December 1.
The suburb's median house price sits at<a href="https://www.urban.com.au/news/3603-gordon-nsw" target="_blank"> $2.3 million</a>, according to CoreLogic.
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