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Tamarama home listed for $50m sold, eclipsing coastal record

Tamarama home listed for $50m sold, eclipsing coastal record

The iconic headland property, Lang Syne, in Sydney’s east has sold after seven months on the market – resetting Australia’s coastal record in the process.

One of Australia’s most significant coastal properties, Lang Syne, has sold after seven months on the market. The exact price remains undisclosed, but it was believed to be close to the bottom end of the $47 million-to-$52 million guide.

The sale has eclipsed records for both Tamarama and Sydney’s coast. The suburb’s previous high was $29.2 million; Bronte recently clocked a circa $30 million sale when AirTree co-founder Craig Blair bought Cygnet Capital’s Darien Jagger’s Tipper Avenue home.

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Bonnie Campbell
Bonnie CampbellLuxury property reporterBonnie Campbell is the luxury property reporter at The Australian Financial Review Email Bonnie at bonnie.campbell@afr.com

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Original URL: https://www.afr.com/property/residential/tamarama-home-listed-for-50m-sold-breaking-coastal-record-20230510-p5d7av