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Seajoy at 15 Castaway Crescent, Jean Juc, was put up for sale in 2023. Photo: Nikole Ramsay
Luxury homebuyers spent more than $50 million on the Geelong region's most expensive residential properties in 2023, new data shows.
The top 10 most expensive homes sold in the region over the year reveals that demand for luxury real estate in the region continues unabated, even as total property values decline.
last time, Advertiser Looking at annual luxury goods sales, the top 10 companies' total sales by the end of the 2022/23 financial year totaled more than $55 million.
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This year's top 10 highest-grossing sales totaled $54.6 million.
The highest price for a home sold this year was $7.6 million, according to the list, collated from Prop Track data and other sources.
Stella Maris is a $125 million development of 50 apartments and three townhomes located at 39 Bay Street in Rippleside.
Penthouse, Stella Maris, Rippleside $571.5m
Geelong is breaking records with three major waterfront developments putting off-plan properties on the market.
The largest is a $5.715 billion four-bedroom penthouse at Stella Maris in Rippleside.
Local buyers from McGrath, Geelong agent Jim Cross, have indicated they are willing to pay for the luxury lifestyle that comes with the larger apartments available in the project developed by developer Monno.
Cross said 90% of the buyers of these projects are local residents who are downsizing.
“They are really ready to pay for the lifestyle that comes with waterfront living and a low-maintenance environment.
“And these complexes also have great amenities such as swimming pools, wellness centers and gyms.”
1 Elizabeth Street in Point Lonsdale sold for $5.5 million in February.
1 Elizabeth St, Point Lonsdale, $5.5 million
Point Lonsdale builder David McDonald has added another layer to his top seller on the tip of the Bellarine Peninsula.
Arbroath, at 1 Elizabeth Street, sold for $5.5 million in a deal arranged by Damien Kaiser of Curly's Coastal.
This luxurious home is located just behind the main waterfront promenade, allowing residents to watch the ships passing between Port Phillip Heads and Queenscliff, especially from the numerous vantage points on the upper floors.
High-quality finishes meet practicality in a home with rammed earth walls, polished timber floors, high ceilings, dual living zones and a two-story built-in elevator.
Plans for 14 Newcombe Street in Ocean Grove were sold for $5.425 billion.
14 Newcomb St, Ocean Grove, $5.425 million
A luxury knock-down rebuild project underway at 14 Newcomb Street in Ocean Grove has sold for approximately $5.5 million, highlighting the potential benefits of a fresh start.
At the time the contract was signed, construction on the four-bedroom, five-bathroom home was only 65 percent complete.
It is one of four private homes planned for the 2397 square meter site, which was once home to a 1970s home.
A secret location in Ocean Grove is being transformed into an upscale “enclave” with a developer's vision to create a quartet of high-end architectural homes.
Barry Goldenberg eschewed a traditional townhouse development on the Newcomb Street site, building a multimillion-dollar project featuring shiplap exteriors, a designer gym and 270-degree ocean and river views. Supports the “family” of curved housing.
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Seajoy, 15 Castaway Crescent, Jan Juc, sold for $5.3 million.Photo: Nicole Ramsay
15 Castaway Cres, Jean Juk, $5.3 million
The sale of the family preserve for over $5 million in a short period of time demonstrates Jean Juk's ability to attract quality real estate.
The six-bedroom house at 15 Castaway Cres was home to artist Ingrid Daniel and designer Clifton Daniel for 23 years before it was sold after a short campaign.
Agent Sean O'Callaghan of Agency Surf Coast negotiated a contract well above the $4.85 million to $5.15 million range.
Mr O'Callaghan said some buyers had been sought from Melbourne and the interstate, but the majority were local residents, including the Geelong family who secured the property.
The Daniels worked with architect Susan Petch and architect Greg Peel to build their original home, named Seajoy, in 2000 before planning a major renovation and addition in 2015. was constructed.
The open plan living and dining area with fireplace, vaulted ceiling and seamless flow between indoor and outdoor is the stunning centerpiece of the home.
63 The Esplanade at Drumcondra has set a record as the most expensive home on Geelong's waterfront.
63 Esplanade, Drumcondra, $5.25 million
A record off-market sale of a Drumcondra waterfront home has opened the door to the true value of Geelong's most spectacular beachside home.
The two-storey original Art Deco mansion at 63 Esplanade in Drumcondra was sold in early October in an arrangement between Geelong's McGrath agent David Courtus and a local buyer.
This is a record for Drumcondra and the highest price paid for a home on Geelong's Corio Bay foreshore between Belle Pudet and Garden Street.
Kortus said the buyers were looking for a property to turn into their next dream home.
12 Woodlands Drive, Ocean Grove.
12 Woodlands Dr., Ocean Grove, $5.25 million.
A charming remake of the original Woodlands Estate home, this property features a concrete infinity pool and spa surrounded by lush greenery, a grass tennis court, a golf putting green and an ancient yellow gum tree. It has been.
A major refurbishment of the house introduced luxury features such as a Black Falcon double oven and 3m limestone kitchen bench, hand-cut zellige wall tiles and a stunning wine cellar.
The covered outdoor entertaining area features a huge outdoor kitchen, recycled brick fireplace, concrete BBQ and pizza oven.
The fully equipped cedar cabin is operated as a boutique Airbnb, The Woods.
20 Mt Duneed Rd, Mt Duneed was sold for $5.2 million in January last year.
20 Mt Duneed Road, Mt Duneed, $5.2 million.
The bluestone home offers some of the most majestic views from Geelong to Youyan.
The 166-year-old mansion, called Calder Park, has been renovated over the decades and is an enviable home for families.
This magnificent five-bedroom home features formal and informal living spaces, two bathrooms, a home office space, a game room, and excellent outdoor entertaining space with an in-ground pool, tennis court, and cricket net . The site area is 13ha.
The original stables included a garage, shearing shed, studio, large double shed and workshop.
Kay & Burton partner Oliver Booth and Oslo Property's Josh McDonald jointly listed the property.
31 Grove Rd, Barwon Heads, sold in March.
31 Grove Rd, Barwon Heads, $5.15 million
This 1798 square meter property, with street frontage on both sides, was advertised as a cherished family haven in the heart of Barwon Heads.
RT Edgar's Candace Smith brought together parties to trade the home, which features vaulted ceilings and Italian granite.
The elegant residence includes a living room, billiards room, open-plan kitchen and dining room, each opening onto a central courtyard and pool.
The garden includes a Manchurian pear tree and provides plenty of space for the family to enjoy.
12 Seaview Avenue, Barwon Heads.
12 Seaview Ave, Barwon Heads, $5.05 million
This beautiful waterfront home designed by O'Connor Hall made waves in 2020 when it sold for more than $3.5 million.
The home changed hands again, with records showing it was listed for $5.05 million in July.
Bold geometric structures, open spaces, and earth-inspired materials create this fluid, contemporary home on the coast.
The main living zone includes a kitchen, eating area and lounge room, which flow seamlessly to the outdoor entertaining area.
The three bedrooms are separated by a large lounge room, with the main bedroom on the second floor providing a secluded retreat.
The parents' retreat has access to a terrace, and the roof terrace above the bedroom offers 360-degree views of Barwon Heads.
9 Hall St, loan, $4.9 million
The collaboration between GD Constructions and Mina Architects, which traded off-market in January last year, is one of a collection of architectural gems on the street above the Great Ocean Road in Lorne.
The three-bedroom structure is spread over three floors and includes three double bedrooms, including a master bedroom with luxurious en-suite bathroom, a spacious kitchen, dining and lounge area, and a large rumpus room that can also be used as a guest wing.
