Disgraced financial planner Sam Henderson seeking $8.5m in North Curl Curl
The North Curl Curl ocean-front home of the disgraced financial planner Sam Henderson, who appeared before the Hayne royal commission into banking misconduct, is for sale.
The North Curl Curl ocean-front home of the disgraced financial planner Sam Henderson, who appeared before the Hayne royal commission into banking misconduct, is for sale.
The five-bedroom, four-bathroom home has returned to market with $8.5m to $9.3m guidance through Lisa Novak at Novak Properties, having been listed with $8m hopes in 2022.
It is being marketed this time as “a rare, unicorn residence hovering over the oceanfront”.
Henderson built the home in 2017 after paying $2.061m for the 575sq m clifftop site in 2013.
The former Australian Financial Review columnist appeared before the royal commission in 2018, the subject of a bad-advice case study for failing to act in the best interests of clients.
He pleaded guilty in 2020 to dishonesty after the Australian Securities & Investments Commission noted he did not hold a Master of Commerce degree as claimed.
Henderson, whose corporate records list him as a director and shareholder of the Brookvale-based Henderson Maxwell Accounting and Taxation entity, has also relisted his NSW Southern Highlands retreat.
He sought $5m last year for the 11ha High Range property which operates as a short-term accommodation destination, achieving up to $1500 a night given its sleeps up to 27 people.
Mosman marvel
The nation’s top weekend auction sale was a six-bedroom Mosman home with views of Chinamans Beach that fetched $14,215,000 for billionaire vendor Ying Li. There had been a $14m reserve.
The bidding from its four bidders kicked off at $12.5m for the 771sq m Hopetoun Ave holding with a home designed by architect Robert Harrington.
The property was offered as a prestige rental in 2019 at $4500 a week and in 2022 at $5000.
It was bought for $10,500,000 in 2017 after Li sold a 5500sq m Beauty Point estate for $22.45m because its “negative feng shui”. The Beauty Point harbourfront has recently been listed off market by developer Bryan Rose,who razed the house but abandoned his plans for a Giles Tribe Architects-designed house.
Its previous owners include the late car dealer Laurie Sutton and television presenter Bob Dyer and his wife Dolly.
Seaforth shines
There were 26 Sydney listings scheduled for auction on the last weekend of the spring selling season with expectations above $5m. The peak was 40 on the November 11 weekend.
The hilltop home at 12 Edgecliffe Esplanade, Seaforth, fetched $12m, some $1.5m above guidance.
In Hunters Hill, Maile Carnegie, the ANZ senior executive, and her corporate adviser husband Charles sold their heritage-listed mansion Carleith at an undisclosed pre-auction price, but for less than its desired $10m.
The cricket couple Mitchell Starc and Alyssa Healy put their North Curl Curl home to auction but it attracted no bids. The designer home, built by model Jennifer Hawkins and her husband, builder Jake Wall, had $8.8m guidance, having cost $5.235m in 2016.
Clearance fades
Late spring clearance rates faded as “vendors became more active and buyers became more cautious”, according to CoreLogic’s Tim Lawless. The national 65.9 per cent preliminary clearance rate was the lowest since March.
Sydney’s preliminary rate held firm at 68.7 per cent, while Melbourne’s fell to 64.1.
“Both cities have seen their final clearance rates at below average levels while total listings rise above the five-year average – a clear sign that selling conditions are swinging back towards buyers,” Lawless said.
“With still a few weeks of strong auction volumes, it’s looking increasingly likely that selling conditions will continue to soften into 2024.”
He said the mid-sized capitals of Brisbane, Adelaide and Perth still had clearance rates above long run averages, and listings substantially below average, while price growth is holding above 1 per cent, month on month.
Melbourne movers
Melbourne’s top sale was in Albert Park through Jellis Craig when $5.87m was paid for the terrace at 102 Bridport St after 9400 views on realestate.com.au.
Set in the heart of the village, the 1880s five-bedroom, four-bathroom listing came with $4.8m to $5.2m guidance.
Sydenham House, a freestanding 1879 house at 80 Hotham St, East Melbourne fetched $5.65m, having been listed with $5.1m to $5.3m hopes through Jock Langley and Michael King at Abercrombys.
East Melbourne also saw the $3.66m sale of the 1850s terrace at 87 Powlett St which had been initially listed with a $3.85m to $4.235m guide in February.
Brisbane’s best
Brisbane’s top under-the-hammer result came in Teneriffe when a five-bedroom, four-bathroom house on 1103sq m sold for $7m through Ray White agent Matt Lancashire, with the buyer likely to rebuild. It has approval for a five-storey home by architect Shaun Lockyer. The Ray White auction event netted more than $36m from six sales including 45 Glencairn Ave, Indooroopilly, which fetched $9m-plus prior to auction.
“Throughout the six campaigns we received 58,921 online views and 683 buyer inspections,” Lancashire said. The auction event attracted 25 bidders.
But a 2015-built, three-storey Knowlman McDonald-designed Indooroopilly riverfront offering with tennis court, pool and pontoon did not sell through Lancashire and Christine Rudolph.
Larissa Hart, wife of Oventus sleep apnoea device company founder Dr Chris Hart, previously had the Ivy St house listed mid-year through Sarah Hackett of Place.
$3.8m in Perth
Perth’s top sale was the Mosman Park trophy home Camyonbriana. The tri-level, five-bedroom, two-bathroom home on 956sq m was designed in 1993 by architect Bruce Robinson. The 6 Manning St house, with river views, sold for $3.825m with three bidders when it was auctioned through Vivien Yap and Claire O’Meara at Ray White.
“The buyers were already in Mosman Park,” Yap said.
Mathieson move
Hairdresser Tim Mathieson, the former partner of former Prime Minister Julia Gillard, has listed his bush block on the banks of the Goulburn River at Jamieson in northeast Victoria.
Set 120km from Melbourne, Mathieson initially placed a caravan on the partly forested block, located close to where his father was born and where his parents had a holiday cabin.
Mathieson’s 1157sq m block, now with several shacks, has been listed with $595,000 to $650,000 guidance through Allana Storer at District Property Group.
“The current owners have enjoyed camping out with their family and friends over the years,” the marketing said.
It was bought in early 2013 by Mathieson for $115,000 when he was living in the Lodge and leading the ‘‘Men’s Shed’’ movement. Last month Gillard withdrew a chargee caveat she had lodged over the title.
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