A local family paid $20 million under the hammer for a new home in Darling Point at auction on Saturday. Two parties competed for the keys to the six-bedroom designer residence at 2D Greenoaks Avenue, listed with a price guide of $17 million. It was one of 810 auctions scheduled in Sydney on Saturday.
The high-end home set on 677 square metres came with a swimming pool, space to entertain, luxurious finishes, an internal lift, a wine room, five marble bathrooms, a study, Gaggenau appliances and a butler’s pantry, a top-floor master suite and electric vehicle charging. Bidding began at $17 million and two parties, both local families, competed for the keys, Sydney Sotheby’s International Realty selling agent Maclay Longhurst said. The reserve was set “around the guide”.
“It was a brand new home, never been lived in, it had double street frontage with parking,” Longhurst said. “And it was also directly north-facing.” He said the market is starting to become more active as the spring selling season kicks off.
“Spring has certainly started now and things are starting to pick up.” Elsewhere, a young local family paid $4.65 million for a stylish South Coogee family home at auction on Saturday, beating three other young couples for the keys.
More than 100 parties had inspected the four-bedroom house at 16 Ellen Street during its campaign, when it was advertised with a price guide of $4 million. Bidding began at $4 million and all four registered bidders participa.