Four agents across the Highland network have closed on deals in excess of $50million in just 24 hours, an incredible result for the business. The four sales are all impressive in their own right boasting suburb records, heritage listed sales and significant price points, but together indicate that the prestige property market is booming.
Highland CEO David Highland was extremely proud of this effort saying, “the market is well and truly booming and we are finding there is high demand and active buyer activity in our prestige market specifically. When we are looking at prestige sales, our sales agents have perfected their high-end sales and marketing strategies and are finding great success at the top end in both Sydney’s South and East.”
Leading agent John Schwarzer who holds the position of Group General Manager at Highland sold two impressive properties within this period: 66 Shorebird Parade, Greenhills Beach and 4 Dunkeld Close, Burraneer. “To achieve one sale of this calibre is cause for celebration, but two on the same day really highlights my team’s expertise in prestige property sales and dedication to these campaigns,” says Mr Schwarzer.
An architectural masterpiece, ‘Acqua Noir’ at 66 Shorebird Parade in Greenhills Beach has just achieved a staggering suburb record sale price, something Mr Schwarzer is ecstatic about. “This has been an extremely rewarding campaign, working with incredible vendors who put their heart and soul into the design of this beachside residence, with wide open space and double-height voids.”
“To achieve a suburb record in Greenhills Beach, an astonishing $6million above the last record that was also set by my team in 2021, has really driven home that our buyers within this price range are active and open to a change into the South Sydney region.”
Another successful sale for Mr Schwarzer was for 4 Dunkeld Close, Burraneer. A heritage listed estate, originally built in 1920, 4 Dunkeld Close is one of a handful within the Burraneer peninsular to hold esteemed Heritage status and has just been sold for just under $10million. “Selling a heritage site is something special. To be trusted with a part of the Sutherland Shire’s history, we have to be mindful of respecting the property and looking for the perfect buyer who will continue its strong legacy. I believe we have done that here.”
Director of Highland Double Bay Malouf, David Malouf was successful with the sale of another historically significant property at 5 Simmons Street, Balmain East. Constructed c1895, “Brookfield” has held its prestigious waterfront position for over 100 years, witnessing the construction of one of Sydney’s most famous landmarks; the Sydney Harbour Bridge.
“The home is in incredible condition and can be enjoyed as is or be updated depending on what the buyers wishes,” says Mr Malouf. “This campaign went exactly according to the plan I presented to the vendor. We set our goals and marketed the property aggressively to produce an outcome that was higher than our price guide of $15million. I could not be happier with this result.”
Mr Malouf continued: “to start off this year, I have noticed renewed energy with the enquiries I’ve been receiving and at our open homes. The prestige market is performing solidly and we are seeing demand and supply even out with some incredible homes on the market in the $10million plus price range. That makes me really excited to see what we can do in the next few months.”
Also experiencing sales success is Mitchell Wynn of Highland with two significant sales: 20 Moombara Crescent, Port Hacking and an undisclosed property in Burraneer for a combined $14million. “You see all of these large sales within the Eastern Suburbs of Sydney and think that is where the big spenders are but there are plenty of high-profile clients looking to spend $5million – $10million right here in The Shire,” said Mr Wynn.
“The increase of house prices is growing exponentially, one of my clients purchased their home for just over $3million last year but has now been able to double that return. It seems that now is the time to list your property for significant gain.”
With active buyers looking to secure prestige properties and plenty of stock matching these requirements in Highland’s pipeline
