Boom bottoms out

Retired swimming champion Eamon Sullivan has quietly sold a Perth investment property for a slight loss.

8 Shaw Street, Richmond.

Boom bottoms out

Retired swimming champion Eamon Sullivan has quietly sold a Perth investment property for a slight loss. Sullivan paid $580,000 for the 1990s Scarborough townhouse in 2014, having moved back to his home state from Sydney a few years earlier to run restaurants. It sold last month at $543,000. Its latest price was just a touch more than its $537,000 sale in 2010, showing the Perth market is still bouncing along the bottom following its mining boom heyday. Set on 230sq m behind a high brick wall, the home has three bedrooms, one bathroom and three outdoor living areas. It had been a $450 a week rental before it was sold through Acton Dalkeith Nedlands agent Martine Eyers. Sullivan, a sprint swimmer who won three Olympic medals and set two world records, lives in Perth with his lawyer wife Naomi Bass. In 2015 he offloaded his former Surry Hills, Sydney, terrace home for $1.8 million.

Richmond entertainer

Retired racing driver Jason Bright and wife Lucy are selling their Richmond home. They’re asking for offers between $2m and $2.2m for the townhouse, which was designed by Melbourne designer Stephen Akehurst in the late 1990s. There was no hiding Bright’s ownership in the marketing. The games room features a shelf with dozens of race helmets he collected over his near two-decade career. The three bedroom, two bathroom family home features an entertaining terrace with built-in barbecue. Kay & Burton Bayside agents Tim Blackett and Alex Schiavo have the listing. Bright competed in the Virgin Australia Supercars Championship, driving for Britek Motorsport, then Brad Jones Racing. He retired in 2017. His highlight came in 1998 when he won the Bathurst 1000. Bright now runs Taskforce, a trades and services franchise he set up in 2013.

Take the plunge

Thoroughbred horse owners and breeders Julian Sullivan and wife Julie have sold their South Yarra home for $4m. They had a $3.9m to $4.29m guide for the 1920s home that cost them $2.9m a decade ago. In its 635sq m grounds is a plunge pool, set in a north-facing bluestone paved terrace. Marshall White Stonnington agents Justin Long and Fiona Counsel sold the home. The couple’s most successful bred horse was Velasco, a Group Two winner.

To the Moonah and back

Brighton-based Skye Pitard, wife of Simon Pitard, chief executive of real estate developer Steller, is selling Arosa, their Sorrento property bought just last year. The five bedroom family home was bought for $5.1m. Now they’re seeking offers between $5m and $5.5m. The home, with tennis court, is set amid Moonah trees on its sprawling 5205sq m Point Nepean Road holding. Kay & Burton Portsea agents Liz Jensen and Lorna Duffy have the listing for the Portsea-bound couple. Steller is behind the $80m makeover of Sorrento’s Continental Hotel, an 1875 heritage building. Pitard founded Steller with business partner Nicholas Smedley in 2007.

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