Fitness guru Tobi Pearce lists Adelaide Realm penthouse
The penthouse atop Adelaide’s Realm skyscraper apartment complex has been listed by the fitness entrepreneur Tobi Pearce.
The penthouse atop Adelaide’s Realm skyscraper apartment complex has been listed by the fitness entrepreneur Tobi Pearce.
There is $5.7m to $6.25m price guidance from Oliver Bowler at Ouwens Casserly Real Estate, who describes it as Adelaide’s best penthouse.
The two-storey apartment offers 409sq m of internal living space plus 147sq m external space in the 310-apartment Elenberg Fraser-designed tower, which on its 2020 completion became Adelaide’s tallest apartment tower.
The 38th floor Austin St sky-home features five bedrooms and four bathrooms, plus a library and study area, cinema room, wine cellar, two kitchens and an outdoor entertaining deck.
Its main kitchen comes with a dumbwaiter connecting to the upstairs kitchen where there is a built-in BBQ, wood fire pizza oven, bar, bathroom and hot-tub spa.
It also comes with access to the communal facilities including a wellbeing zone for yoga, a rooftop spa, sauna and steam room, cross-fit enabled gym and climbing wall, a games room and 25m lap pool.
Pearce paid $5.287m in 2021, which was an Adelaide record apartment price.
Offers close April 29.
Pearce and his fiance, the online fitness influencer Rachel Dillon, bought a $7.3m Gold Coast house late last year at Mermaid Waters, which has views across the water to the city skyline.
Pearce and his ex-fiance Kayla Itsines joined forces last year to buy back the digital fitness platform Sweat they had established in 2015, and sold in a windfall near-$200m deal with iFIT in 2021.
Clearance rate slips
The weekly auction update from CoreLogic put the national preliminary clearance rate at 72.7 per cent, down on the prior week’s 75.9 per cent.
Adelaide was by far the strongest weekend auction market, with an 87.8 per cent preliminary clearance rate and an $896,000 median house price, according to CoreLogic’s Tim Lawless.
Adelaide also had the most viewed residential listing on realestate.com.au set for weekend auction: a mid-century three- bedroom, two-bathroom home at 21 Laurence St, South Plympton.
It fetched $1,240,000 through Georgie Todd at Harris Real Estate.
The single-level 1955 house had been renovated since its 2019 sale at $567,500.
A 77 per cent success rate made Brisbane the next strongest capital city with a $957,500 median house price, according to CoreLogic.
Melbourne hosted the most weekend auctions, with 855 homes going under the hammer, returning a preliminary clearance rate of 70.8 per cent, similar to the prior week’s result of 70.6 per cent.
Its median house price was $954,000.
Some 827 homes were taken to auction in Sydney, with 74.3 per cent finding buyers.
Sydney’s median house price was $1,675,000.
Canberra was the weakest capital city at 58.6 per cent, with its priciest offering, a 2411sq m estate at 84 Empire Circuit, Deakin now coming with a $5,995,000 asking price through Luton Properties.
Its median house price was $845,000.
All capitals saw stronger auction conditions than the same time last year.
But clearance rates have slipped slightly in recent weeks, according to PropTrack economist Anne Flaherty.
She calculates that across Australia there were 2292 homes set for auction last week.
“This week is on track to be even busier, with 2497 scheduled,” Flaherty said.
NSW will see 983 auctions, followed by 940 in Victoria and 199 in Queensland.
“The next few weeks will be key in understanding whether the decline has been driven by more prospective buyers being away over the school holidays or if this is the start of a broader trend,” Flaherty notes.
$18m in Brisbane
The top sales advisory was that entrepreneur Maxine Horne sold her three-level riverfront Brisbane home for $18m through Sarah Hackett of Place New Farm. The Welsby St, New Farm private treaty offering was bought by a local buyer.
Horne extensively renovated after paying $10.5m in 2016, with the four-bedroom, four-bathroom property winning best home renovation in 2022 at the Queensland Master Builder’s Awards.
The award judges noted its “radical renovation involved a complete rebuild from the inside out, with new exterior and interior walls and new structural beams for a pillar-less interior”.
The home boasts a 4.5m long Murano glass chandelier which appears like a slow-motion waterfall.
The renovation was overseen by Tom Kanchanasinith and David Mann.
Horne, who made her initial wealth co-founding mobile phone retailer Vita, has a Sunshine Coast getaway overlooking Sunrise Beach in her remaining property portfolio.
It was bought for $12.5m early last year with plans prepared by Chris Clout for a three-level, five-bedroom beach house.
Miles ahead
Sydney’s priciest listing sold pre-auction at an undisclosed price when Tracy Miles, wife of deal-maker and racing-car driver Tim Miles of Miles Advisory, secured a buyer for their abode in Mosman.
The house last sold in 2008 for $4,270,000. It had failed to sell three years ago when the Iluka Rd house had been listed by The Agency.
Its initial 2021 listing came soon after they had bought elsewhere on the road for $9.35m. Tim founded Miles Advisory Partners in 2002, aimed at providing corporate advisory services to the mid-market, with its clients including McGrath Ltd when securing its strategic investment from Aqualand in 2018.
There was also the pre-auction sale in North Turramurra of a four-bedroom house through Matt Bolin at Ray White Upper North Shore for $4.36m.
The Bobbin Head Rd home had been designed and owner-built by local interior designer Catherine Morgan, the wife of Ray Morgan from Compass Project Management.
With a Hamptons-style exterior, it sits within 1227sq m manicured gardens.
The house has three living zones and the kitchen features top-of-the-range appliances around a stone island, with resort-inspired outlooks to its alfresco entertaining and a 12m saltwater pool, complete with a cabana.
The 1880s Woollahra home of fashion designer Camilla Franks was pulled on auction-eve from its scheduled Saturday auction.
The five-bedroom home hit the market last month with a price guide of $8m, which was then revised to $7m.
It has attracted more than 7480 page views on realestate.com.au during its marketing so far.
Franks, who hopes to double her brands’ US revenue in the next three years, bought her Woollahra retreat in 2016 for $3,868,430.
Balwyn bungalow
Melbourne’s top sale was at Balwyn when Jellis Craig agent Chris Savvides sold a three-bedroom Californian bungalow for $3.06m.
The 670sq m Cremorne St offering had amended price guidance of $2.5m to $2.7m, having been initially listed with $2.3m to $2.5m guidance.
Coming with original lead lighting, coffered ceilings and ornate glazed doors, it had sold in 1975 for $31,500.
It had a central bathroom plus a laundry and shower combined.
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