Whale Beach house’s value jumps $450,000 in three months
The sale price for the Sydney home leapt to $11.6 million, but still proved a loss for the owner, given her purchase came with stamp duty of almost $720,000.
Surging median house prices on the upper reaches of Sydney’s Northern Beaches have played out in real time thanks to the off-market sale of a beachfront house in Whale Beach for $11.6 million to liquor mogul Steven Chambers and his wife, Patricia.
Records for the latest sale of the four-bedroom house on Whale Beach Road show it had jumped in price by $450,000 since late last year, when it was bought for a then-bullish $11.15 million by Dr Philippa McCaffery, founder of Clear Skincare cosmetic skincare clinic.
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