Why wealthy Sydney home owners decided to sell, then changed their minds

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Why wealthy Sydney home owners decided to sell, then changed their minds
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If you thought it was cold outside this week, take a look at Sydney’s prestige property market.

is yet to lure a buyer after it was launched for $30 million by Ray White Double Bay’s Ashley Bierman. Expect to see it return later this year.has been waiting seven months for a buyer of his historic Macquarie Lighthouse Keeper’s Cottage in Vaucluse since it was launched in November for $11.5 million to $12 million by McGrath’s Robert Alfeldi.Not that Song would need to sell.

Andrew and Chloe Podgornik were hoping to reset the Bronte suburb record selling their designer home.Credit where it’s due, it’s an impressive house. Andrew, the son of the late Melbourne building magnate, bought the property in 2008 for $7.55 million and commissioned an award-winning rebuild by Neeson Murcutt Architects.has been waiting since last August to sell his grand apartment in the converted Federation mansion Babworth House at Darling Point.

Brompton House is the lavishly renovated consolidation of two grand Victorian terraces that briefly set a house price record for Paddington last year when it sold for $14 million to art adviserBut alas, Thompson never settled on his exchange, and so in April Sotheby’s Maclay Longhurst returned it for sale, still with a $14 million guide and Thompson’s interest lodged on title.

After two scheduled auction dates came and went, it was withdrawn from property sites this week, but at least Thompson’s caveat has finally been lifted.now chief of payments group Humm, and his wifeknow the feeling. They were noteworthy sellers earlier this year on their historic Pymble estate, Coppins, but have been left buyer-less after it was pulled from auction by Pello’s Alex Mintorn.

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