Inside Sydney’s prestige homes: What you can buy with more than $20 million

THESE mega mansions are the crème de la crème of properties with prices spanning from $20 million to $100 million. Take a look inside some of the most expensive Sydney homes currently on the market.

A BOOM in prestige property sales is tipped to take place between now and Christmas, with a number of $20 million plus properties having languished on the market in 2016, despite strong demand, perfect selling conditions and a record-breaking 2015 for the top end.

Brad Pillinger of Pillinger says that while 2016 has not been as strong so far as last year, he expects this to have changed come December, when a backlog of quality listings sure to be snapped up.

“Some of the great listings that are on now and are coming now have corrected to higher price points. Quite a number will sell between now and Christmas,” Mr Pillinger said.

“We’ve had an unprecedented market in the middle and lower end for two years, we had a phenomenal year at the top end last year and the reality is,”

“At the end of this year [listings] will fall in quick succession. The end result for this year will be better than last year,” he said.

Here are some of the $20 million-plus listings that have hit the market this year as well as a few that have remained on the market since 2013.

2 Wingadal Place, Point Piper- $100 million

The arrival of “Aussie John” Symond’s $100 million Point Piper mansion onto the market was perhaps the worst kept secret of 2016. While there is no online listing for the property, the home is well known for its large scale, 24 bathrooms and waterfront location. It even hosted the lavish wedding of Symond to his wife Amber McDonald.

8 Ginahgulla Rd, Bellevue Hill — Initial guide: $19 million — $21.1 million

Owned by David Maloney, a partner at international commercial law firm Allens, and his wife Erin Flaherty, this Bellevue Hill home hit the market in September with a guide of $19.1 — $21 million. The four-bedroom property has panoramic harbour views and is set on an elevated 923sq m block of land.

Bulwarra, Hunters Hill — $20 million

Back on the market just one year after it sold is Cate Blanchett’s Hunters Hill home, “Bulwarra”. It sold to a Chinese buyer in 2015 for $19.8 million and slipped back onto the market in August at $20 million. Built in 1877 and once owned by the Arnotts family, the five-bedroom sandstone home has been transformed by architects Nadine Alwill and Stephen Lesiukto to showcase sweeping harbour views, a modern streamlined wing that includes staff quarters, gardens by Will Dangar, a pool and a riverfront tennis court.

53-55 Harrow St, Sylvania — $20 million

The Shire might not be the first place you think of when you hear ‘prestige property’ but this Sylvania property has cemented itself as luxurious mansion. Inspired by hotels across the globe, the property was built by George Georges of Georges Apparel. He spent more than $8 million on the build which includes five bedrooms, multiple living areas and marble imported from Iran and Italy. There’s also a swimming pool and water views.

The owners spent $8 million on the build.

It has water views.

19 Bayview Hill Rd, Rose Bay — Initial guide: $45 million

Bought by retail king Brett Blundy in 2013 for $32 million, this Rose Bay home only settled in February and went straight back to market with a price guide of $45 million. It has water views a cinema room, a level garden, garaging for eight cars, guests quarters, a gymnasium and a swimming pool.

Brett Blundy’s Bayview Hill Rd, Rose Bay property.

It came onto the market in February with a guide of $45 million.

The home has uninterrupted harbour views.

70 Wentworth Rd, Vaucluse — Initial guide: $30 million

It was one of the last $20 million-plus properties to come onto the market in 2015 and it has yet to find the perfect owner. Owned by Anywhere Travel managing director Barbara Whitten and her husband, lawyer Ray Whitten, the five-bedroom property sits on more than 1400sq m of land right on the waterfront and includes a deep water jetty.

No. 70 Wentworth Rd, Vaucluse was listed in 2015 with a guide of $30 million.

The home has water views.

There is also a swimming pool and jetty.

12-14 Hopetoun Ave, Mosman — Initial guide: $40 million

This Mosman trophy home hit the market in October 2015 with $40 million hopes despite needing bit of an update. The sprawling three-storey residence perched on the shores of Middle Harbour was built by renowned property developer Bob Rose before it was bought by the current owners, the Lo family, in 1994 for $4.9 million.

The home at 12-14 Hopetoun Ave, Mosman was initially listed with hopes of $40 million.

The home is in need of an update.

It has uninterrupted views of the water.

550 New South Head Rd, Point Piper — $70 million — $100 million

The infamous “Elaine” has been on the market since 2013 and originally came on with an asking price between $70 million and $100 million. The seven-bedroom, seven-bathroom home sits on 700sq m of land set on the waterfront and is in need of a renovation.

Elaine at 550 New South Head Rd, Point Piper.

The property came on the market with a guide of $70 million to $100 million.

The home has been on the market since 2013.