Point Piper Explained

Type:suburb
Point Piper
City:Sydney
State:nsw
Local Map:yes
Zoom:13
Postcode:2027
Elevation:23
Area:0.39
Dist1:6
Dir1:east
Location1:Sydney CBD
Lga:Municipality of Woollahra
Stategov:Vaucluse
Fedgov:Wentworth
Near-N:Port Jackson
Near-E:Rose Bay
Near-Se:Bellevue Hill
Near-S:Bellevue Hill
Near-Sw:Double Bay
Near-W:Darling Point

Point Piper is a small, harbourside eastern suburb of Sydney, in the state of New South Wales, Australia, 6km (04miles) east of the Sydney CBD, in the local government area known as the Municipality of Woollahra.

Location

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.[1]

Heritage listings

Point Piper has a number of heritage-listed sites, including:

Commercial area

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 reserves

Clubs

Population

At the 2011 census, 1,404 people were living in Point Piper. 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%.[3]

At the 2021 census, there were 1,334 people in Point Piper.[4]

Point Piper, in combination with Darling Point, Edgecliff and Rushcutters Bay, was named as the wealthiest area in Australia, according to information from the Australian Taxation Office in 2013.[5]

Housing

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.[6]

Notable sales

Uig Lodge $130m (2022) - Purchased by Scott Farquhar and Kim Jackson.[7]

Fairwater $100m (2018) - Purchased by Mike and Annie Cannon-Brookes[8]

Edgewater $95m (2020) - Purchased by John Li[9]

Rockleigh $85m (2024) [10]

Elaine $71m (2017) - Purchased by Scott Farquhar and Kim Jackson.[11]

Mainhead $68m (2023)[12]

Altona $60m (2016) - Jiaer Huang[13]

Akuna $60m (2023)[14]

Routala $50m (2018) - David Fox[15]

Deauville $45 (2017) - Purchased by Neville Crichton[16]

Other notable properties

Wingadal - John Symond's mansion on Wingadal Place, is currently on the market with $200m+ hopes, easily making it Australia's most expensive, privately owned residential home.[17]

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.[18]

Kilmory, 6 Wentworth Street - Built in 1912 on the highest knoll in Point Piper for Sir Alexander MacCormick. Used as the Ave Maria Retreat (convent) Provincial House of the Roman Catholic Order of the Franciscan Missionaries of Mary in 1954-95. Sold by Rodney Adler for $13 million in c2002, then divided into 11 homes.

Notable residents

External links

-33.8706°N 151.2508°W

Notes and References

  1. Gregory's Sydney Street Directory, Gregory's Publishing Company, 2007
  2. 00539. EF14/5899; S90/3423; HC33435. 18 May 2018.
  3. Web site: 2016 Point Piper, Census All persons QuickStats . 2022-08-18 . Australian Bureau of Statistics.
  4. Web site: 2021 Point Piper, Census All persons QuickStats . 2022-08-18 . Australian Bureau of Statistics.
  5. News: 2 May 2013 . no title recorded . 2 . Sydney Morning Herald.
  6. News: Martin, Cindy. Extreme Sydney, Wealthiest . Sydney Morning Herald. 2002-12-24.
  7. Web site: Macken . Lucy . 2022-12-23 . Billionaire Scott Farquhar drops $130 million on Point Piper 'castle' . 2022-12-23 . The Sydney Morning Herald . en.
  8. News: Macken . Lucy . 2018-09-27 . Australia's most expensive house, Point Piper estate Fairwater, sold to techie Mike Cannon-Brookes . Domain .
  9. Web site: Macken . Lucy . 2020-09-09 . Meet John Li: the mystery $95 million buyer of Point Piper's Edgewater trophy home . Domain.
  10. Web site: 2024-05-25 . Point Piper mansion sells on the quiet for $80m-plus . 2024-08-08 . Australian Financial Review . en.
  11. Web site: 2020-07-15 . What Atlassian boss is planning to do to his $71m Sydney pad . 2022-12-23 . Australian Financial Review . en.
  12. Web site: 2023-12-21 . Australia’s top 10 luxury property deals of 2023 . 2024-08-08 . Australian Financial Review . en.
  13. News: Macken . Lucy . 2016-11-19 . Point Piper mansion Altona sold for more than $60 million to billionaire family from China . Domain .
  14. Web site: 2023-12-21 . Australia’s top 10 luxury property deals of 2023 . 2024-08-08 . Australian Financial Review . en.
  15. News: Macken . Lucy . 2020-06-04 . Bloch's David Fox emerges as $50 million buyer of Point Piper's Routala . Domain .
  16. News: Macken . Lucy . 2017-12-17 . Sydney's 20 most expensive property sales in 2017 . Domain .
  17. Web site: Australian house price record to be smashed by $60m with $200m sale - realestate.com.au . 2024-08-08 . www.realestate.com.au . en.
  18. Web site: Macken . Lucy . 2022-09-09 . Millennials plan 'most expensive house in Australia' on $99.5 million Point Piper site . 2022-12-23 . The Sydney Morning Herald . en.
  19. News: Luxury car dealer Neville Crichton sells Point Piper home for more than $60m. Australian Financial Review. 18 January 2017.
  20. A100290b. Mackellar, Sir Charles Kinnaird (1844–1926). 29 September 2009. Mitchell, Ann M. . 10. 1986 . 297–298.
  21. Web site: Kingston, Beverley. Mackellar, Isobel Marion Dorothea (1885–1968). 2 August 2012. Australian Dictionary of Biography, Volume 10. MUP. 1986.
  22. News: Chancellor, Jonathan. Sale nets Murdochs a quick $2.2m. The Sydney Morning Herald. 2005-03-10.
  23. News: Chancellor, Jonathan . 14 March 2008 . $32m for Rivkin Point Piper pile . .
  24. News: Auusie John Symond tipped to blow record away with $100m sale. The Australian. 14 September 2016.

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