Point Piper has been historically regarded as Australia's most expensive suburb. In 2011, Wolseley Road was ranked as the ninth-most expensive street in the world, at $38,900 per square metre.[2]
Locationedit
The suburb of Point Piper sits on Sydney Harbour, beside the suburbs of Rose Bay, Bellevue Hill and Double Bay. The streets in Point Piper are: Buckhurst Avenue, Longworth Avenue, New South Head Road, Redvers Street, Saint Mervyn's Avenue, Wolseley Road, Wolseley Crescent, Wingadal Place, Wentworth Place, Wentworth Street, Wunulla Road, and Wyuna Road.[3]
Heritage listingsedit
Point Piper has a number of heritage-listed sites, including:
Point Piper does not have a commercial area, and has few amenities or public facilities. The closest commercial areas are in nearby suburbs such as Rose Bay and Double Bay.
Beaches and reservesedit
Duff Reserve, off Wolseley Road, deep water point, popular for weddings and picnics
At the 2011 census, 1,404 people were living in Point Piper.[5] In the 2016 census, the population had risen to 1,424 people. 56.1% of people were born in Australia and 71.3% of people only spoke English at home. The most common responses for religion were No Religion 28.3%, Catholic 20.0%, Judaism 13.6% and Anglican 13.3%.[6]
At the 2021 census, there were 1,334 people in Point Piper.[7]
Point Piper is home to some of the most expensive and exclusive homes in Australia, holding the record for the three most expensive house sales nationwide ($130m, $100m, $95m). There are only eleven streets in Point Piper; the main road is Wolseley Road. The price per square metre of real estate in Point Piper is one of the most expensive in the world.[9]
Notable sales
Uig Lodge $130m (2022) - Purchased by Scott Farquhar and Kim Jackson.[10]
Fairwater $100m (2018) - Purchased by Mike and Annie Cannon-Brookes[11]
Deauville $45 (2017) - Purchased by Neville Crichton[17]
Other notable properties
Wingadal - John Symond's mansion on Wingadal Place, reportedly cost over A$70 million to build (excluding land), easily making it Australia's most expensive, privately owned residential home.[18]
Wolseley Rd - Three adjoining sites on Wolseley Rd valued collectively at $99.5m have been purchased by Alexandra and Gabriel Jakob. A single dwelling is planned on the consolidated site.[19]
As at 2010, Wolseley Road was the world's ninth-most expensive residential street at up to $38,000 per square metre.[20]
Notable residentsedit
Jimmy Bancks (1889–1952), the creator of Ginger Meggs, lived at Deloraine until 1 July 1952, when he died from a heart attack the age of 63.
Edgar Bainton (1880–1956), British-born composer and conductor.
^Macken, Lucy (23 December 2022). "Billionaire Scott Farquhar drops $130 million on Point Piper 'castle'". The Sydney Morning Herald. Retrieved 23 December 2022.
^Macken, Lucy (27 September 2018). "Australia's most expensive house, Point Piper estate Fairwater, sold to techie Mike Cannon-Brookes". Domain.
^Macken, Lucy (9 September 2020). "Meet John Li: the mystery $95 million buyer of Point Piper's Edgewater trophy home". Domain.
^"What Atlassian boss is planning to do to his $71m Sydney pad". Australian Financial Review. 15 July 2020. Retrieved 23 December 2022.
^Macken, Lucy (19 November 2016). "Point Piper mansion Altona sold for more than $60 million to billionaire family from China". Domain.
^Macken, Lucy (4 June 2020). "Bloch's David Fox emerges as $50 million buyer of Point Piper's Routala". Domain.
^"Point Piper waterfront 'Akuna' with rare 'pagoda' boathouse sells for $45m - realestate.com.au". www.realestate.com.au. Retrieved 23 December 2022.
^Macken, Lucy (17 December 2017). "Sydney's 20 most expensive property sales in 2017". Domain.
^Macken, Lucy (9 September 2022). "Millennials plan 'most expensive house in Australia' on $99.5 million Point Piper site". The Sydney Morning Herald. Retrieved 23 December 2022.
^Kingston, Beverley (1986). "Mackellar, Isobel Marion Dorothea (1885–1968)". Australian Dictionary of Biography, Volume 10. MUP. Retrieved 2 August 2012.