Olympic legend Ian Thorpe returned his Woollahra townhouse to the market on Wednesday with newly set price hopes that reflect the changing fortunes of Sydney’s property market. At the halfway mark to this year’s spring selling season a guide of $3.5 million has been set ahead of the November 7 auction, down from more bullish hopes of almost $4 million a year ago.
The Woollahra townhouse of Ian Thorpe is scheduled for auction on November 7. The five-time gold medallist returns to the market as Sydney’s auction clearance rate fell to 62 per cent last long weekend, according to Domain data, down from the more bullish 72 per cent clearance rates of Spring last year. Thorpe has owned the four-bedroom residence – one of six townhouses in a converted colonial manor – since late 2017, paying $2.
75 million at the time to bodybuilder Paul Graham and his wife Carole, owners of Muscle & Fitness Australia. Soon after he had listed the townhouse, title records revealed he had purchased in Edgecliff’s landmark 1960s-built Arlington complex, paying $2.79 million for a two-storey spread.
Ian Thorpe has already purchased in Edgecliff’s landmark Arlington complex. Credit: Nine When Thorpe’s townhouse didn’t sell it was withdrawn from the market, and relisted this week with Ray White Double Bay’s Warren Ginsberg and Jordan L’Estrange. The three-level townhouse with 250 square metres of living space comes with a double garage, and recently redesigned interiors by Ridgway Sas.
