property Archives - Bellevue Hill News

Bellevue Hill Mansion with Wellness Level Hits Market at $37 Million

A striking Bellevue Hill mansion featuring a dedicated wellness level — complete with sauna, ice bath, pool and spa — has come to market with a price guide of $37 million, making it one of the suburb’s most closely watched listings of the year.

The four-level, five-bedroom, six-bathroom home is the work of local couple Garrett and Stephanie Jandegian, who purchased the original Federation-era dwelling on the site for $15.1 million in 2023 and subsequently undertook a comprehensive rebuild. If the property achieves its asking price, the Jandegians stand to more than double their initial outlay in just three years.

The project brought together an accomplished team of collaborators: Sandlik Constructions led the build, with design by Weir Phillips Architects, interiors by Briony Fitzgerald Design, and landscaping by Wyer & Co. The result is a residence that reflects the couple’s guiding vision — timeless architecture, natural materials and considered detail, without sacrificing warmth or liveability.

The wellness level is arguably the home’s most distinctive feature, conceived to feel more like a private health club than a residential amenity, incorporating a fitness studio alongside the sauna, ice bath, pool and spa.

Stephanie Jandegian — who serves on the Starlight Children’s Foundation NSW state advisory board and appeared on Channel Ten’s So You Think You Can Dance — said the decision to take the property to market was made partway through the nearly two-and-a-half-year construction process. Despite that shift in plans, she has been clear that no corners were cut; the project remained a genuine labour of love from start to finish.

Her husband Garrett co-founded alkaline water label Aqualove Water back in 2017, later selling his stake in the business. He subsequently founded Pharma Soul, a supplier of PPE and rapid antigen tests, and more recently Vitaa, a company focused on the distribution and development of Australian wellness products.

The couple are already well established in Bellevue Hill, having purchased a separate five-bedroom, four-bathroom home with a tennis court and pool in the suburb for $26 million in 2022 — a property they retain.

The listing is being handled jointly by Ashley Bierman and Elliott Placks of Ray White Double Bay, alongside Bill Malouf and David Malouf of Highland Double Bay.

Published 23-August-2026

Bellevue Hill Estate Fetches $6M Above Guide at Private Auction

Photo Credit: lsre.com.au

A distinguished 1930s Bellevue Hill estate has changed hands for $21,076,000 following an intense private auction that saw 19 registered parties vying for the prized property.

The four-bedroom deceased estate known as ‘Fernlee’, positioned at 41 Drumalbyn Road on an elevated 930-square-metre block with sweeping harbour vistas, attracted considerable interest from potential buyers despite initially carrying a guide price of $13 million to $14.3 million when it first appeared on the market in July.

The substantial final sale price represented a remarkable $6 million premium above the revised guide of $15 million, which had been adjusted just 10 days prior to the auction after the property received two early offers.

According to selling agent Steven Zoellner from Laing + Simmons Double Bay, the property’s unique character and prime location drove the exceptional result. The residence features the grand proportions typical of homes from its era, including soaring ceilings, generously proportioned rooms, and the timeless appeal that comes with nearly a century of heritage.

Auctioneer Jake Moore from Cooleys conducted proceedings at the Double Bay offices, with bidding commencing at $16 million and climbing in $500,000 increments until reaching $20 million. The competition intensified significantly in the final stages, with increments dropping to just $1,000 as four determined bidders pushed beyond the $20 million mark.

The auction attracted 38 bids in total, with the contest ultimately narrowing to two final participants above $21 million. Industry sources indicate the successful purchaser was represented by prominent buyer’s agent Simon Cohen and is currently residing overseas. The runner-up bidder was understood to be a local Bellevue Hill resident.

The property had remained in the hands of the same family since 1990, when medical practitioners Katherine Tang Yiu and her late husband Robert acquired it for $2.3 million. Dr Tang Yiu, who passed away last July at age 91, had relocated from the residence six years earlier, leaving the substantial home unoccupied.

Family tributes described Dr Tang Yiu as a woman of remarkable energy who maintained the expansive property and its extensive gardens with dedication. Her knowledge of Chinese history and antiques was particularly noted, with the home housing a collection of furniture and artwork rich in cultural significance.

The property carries additional historical interest through its previous ownership. Records show it was purchased in 1931 by Ulisse Pellegrini, the managing director of Pellegrini and Co, a Melbourne-established firm that supplied religious articles to Catholic institutions across Australia.

Mr Pellegrini, who received papal recognition through the Knighthood of St Gregory in 1947, had been granted a private audience with Pope Pius XI during a 1929 European visit. He passed away at Lewisham Hospital in February 1950 at age 56.

The current sale reflects the continued strength of Sydney’s prestige property market, particularly in tightly held locations such as Bellevue Hill’s dress-circle streets. The substantial interest from both local and international buyers demonstrates the enduring appeal of heritage properties with premium positioning and harbour access.

The transaction was completed through a company purchase, a common arrangement for high-value property acquisitions in the eastern suburbs market.

Published 14-August-2025

Bellevue Hill Edges Closer to $10 Million Median House Price Milestone

Photo Credit: Wikimedia Commons / Finn1122

Bellevue Hill residents are witnessing their suburb inch ever closer to making Australian property history, with the latest data revealing the median house price has reached $9.925 million – just $75,000 shy of the unprecedented $10 million mark.

According to the latest Domain House Price Report released this week, the prestigious eastern suburb has experienced remarkable growth, with property values climbing by $4.3 million over the past five years. This meteoric rise positions Bellevue Hill as Australia’s most expensive suburb, with experts predicting the historic milestone will be achieved by year’s end.

**69 Bulkara Road, Bellevue Hill sold for $25,500,000 on June 10, 2025.**
Photo Credit: Ray White Double Bay

Dr Nicola Powell, Domain’s chief of research and economics, highlighted the significance of this growth for existing homeowners. Those who purchased properties before the COVID-19 pandemic have seen multimillion-dollar increases in their home values, she noted.

The suburb’s appeal has remained consistently strong since 2012, driven by factors that distinguish it from other prestigious Sydney locations. Local real estate professionals point to several key advantages that continue to attract affluent buyers to the area.

5 Bulkara Road, Bellevue Hill sold for $17,000,000 on May 16, 2025.
Photo Credit: Ray White The Woollahra Group

Ben Collier from The Agency explained that buyers from Vaucluse are increasingly drawn to Bellevue Hill for its superior city access, even though many properties lack harbour views. As waterfront properties become increasingly scarce across Sydney’s eastern suburbs, discerning buyers are turning to Bellevue Hill as their preferred alternative.

The suburb’s unique combination of central location and generous land sizes sets it apart from competitors such as Vaucluse, Bondi Junction, Bronte, and Mosman. Di Wilson from Ray White Double Bay emphasised that residents benefit from proximity to city amenities whilst enjoying the space and privacy typically associated with more distant locations.

Post-pandemic market dynamics have further fuelled demand, with buyers prioritising city proximity over traditional preferences. Oliver Lavers from TRG observed that online property searches now favour inner-city addresses like Bellevue Hill over previously popular Vaucluse listings.

**24 Kambala Road, Bellevue Hill sold for $13,900,000 on May 14, 2025.**
Photo Credit: Ray White Double Bay

The premium placed on renovated properties has contributed significantly to price escalation. Lavers cited a remarkable example where a Fairweather Street property purchased for $9 million in 2020 underwent $3 million in renovations and sold for $21 million just two years later.

Land scarcity in prime streets has reached critical levels, with vacant blocks in prestigious locations like Kambala Road and Bulkara Road commanding prices exceeding $10 million. A recent Kambala Road land sale achieved $13 million for an undeveloped block, demonstrating the suburb’s escalating value proposition.

The year has been particularly notable for trophy sales, with several transactions exceeding $40 million. Significant deals include filmmaker Warwick Ross and former journalist Margot Ross achieving $50 million for their property, whilst retail executive Ellie Tavakoli from ACS Designer Bathrooms secured $45 million for her Kambala Road mansion. Local buyers also completed a $45 million purchase within the suburb.

These figures follow last year’s record-breaking $80 million sale of Alcooringa, the Spanish Mission mansion sold by property developer Stephanie Conley-Buhre.

Industry professionals anticipate continued upward pressure on prices, with Collier predicting that Bellevue Hill may eventually breach the $100 million ceiling for individual property sales. The concentration of ultra-high-value transactions this year alone suggests the suburb’s premium market remains robust.

Recent data confirms that both Bellevue Hill and Vaucluse have experienced exceptional year-on-year growth, with average increases exceeding one million dollars, reinforcing the suburb’s position at the apex of Sydney’s property market.

As the suburb approaches this historic pricing milestone, residents and observers alike are watching to see whether Bellevue Hill will become the first Australian suburb to achieve a median house price of $10 million, cementing its status as the nation’s most exclusive residential enclave.

Published 25-July-2025

Landmark Bellevue Hill Mansion Showcases Architectural Prestige

Photo Credit: Biller Property

A Bellevue Hill mansion at 12 Benelong Crescent has emerged as a testament to the suburb’s architectural significance, offering a glimpse into the suburb’s high-end real estate market.

Bellevue Hill’s Architectural Jewel

Situated in one of Sydney’s most exclusive eastern suburbs, the seven-bedroom Château de Benelong represents the pinnacle of local residential design. Bellevue Hill, known for its harbourside mansions and architectural diversity, adds another distinctive property to its prestigious landscape.

Property Details

Location: 12 Benelong Crescent, Bellevue Hill
Current Owner: Wei Wu
Purchase Date: May 2015
Original Purchase Price: $5,928,888
Current Market Guide: $13-$15 million
Selling Agents: Paul Biller and Ben Torban of Biller Property

Local Architectural Significance

Constructed in 1977 by designer Lesley Santy, the property exemplifies the Hollywood Regency style that has found a unique home in Bellevue Hill’s architectural narrative. The 2011 renovation further enhanced its appeal, blending historical design with modern luxury.

Property Features Highlighting Bellevue Hill’s Lifestyle

The residence captures the essence of Bellevue Hill living, with:

Harbour views characteristic of the suburb’s elevated position
Expansive three-storey design
Entertainer’s palazzo-style terrace
Heated mosaic-tiled pool with cabana
Four-car garage
Home amenities including theatre and gym

Architectural Elements

Seven bedrooms
Four large travertine bathrooms
Three guest powder rooms
Soaring ceilings
Arched windows
Lavish master suite with balcony views

Market Context

The listing reflects Bellevue Hill’s continued prominence in Sydney’s luxury real estate market, showcasing the suburb’s ability to attract high-end property investors and architectural enthusiasts.

Published 6-March-2025

Point Piper Mansion of an Entrepreneur Listed for $100 Million

Photo Credit: Black Diamondz

A waterfront mansion in Point Piper, one of Sydney’s most exclusive suburbs, has been listed for sale at an eye-watering $100 million. The property, owned by entrepreneur Alexandra Jakob, is set to become one of the most expensive residential sales in Australian history if the asking price is met.

The distinctively curved house, featuring five bedrooms and six bathrooms, was purchased by Jakob in 2019 for $40 million. In just five years, the property’s value has potentially more than doubled, reflecting the significant shifts in Sydney’s high-end real estate market since the pandemic.

This listing is notable not only for its price tag but also for its public sales campaign, a rarity in Point Piper where most trophy homes change hands through discreet, off-market transactions. Monika Tu and Jad Khattar of BlackDiamondz Concierge are managing the sale, which officially began on Wednesday.

The property boasts luxurious amenities including a harbour side swimming pool and a private slipway. Jakob has undertaken renovations during her ownership and secured approval for an upper level extension designed by renowned architect Bruce Stafford.

This sale represents a significant moment for Point Piper’s property market. It follows the national house price record set in 2022 when Atlassian co-founder Scott Farquhar purchased Uig Lodge for $130 million, also in Point Piper.

Jakob’s decision to sell comes after a series of successful business ventures, including the sale of her Little Learning childcare chain and haircare brand BondiBoost to private equity firms. Sources suggest she plans to downsize her Sydney residence and increase her international travel.

The listing of Jakob’s property adds to the growing list of ultra-luxury homes on the market in Point Piper. Nearby, “Aussie” John Symond’s waterfront estate, Wingadal, is currently listed with a guide price exceeding $200 million.

Published 25-September-2024