A new price benchmark was set on Jefferson Lane on Palm Beach, the $ 6.1 million sale of the original beach house was settled, and Peter Dutton’s record broke the perch.
The 135 Jefferson Lane deal was negotiated by a buyer from the Interstate and Ray White Tagan’s Principal John Parkes. It is a record sale in the suburbs.
The house has belonged to the same family, Roaches, since it was built in 1978 and is now divided into five children.
The home has been renewed over the years, but the buyer will undergo a complete refurbishment before moving to live in the property.
Set in a narrow 457-square-meter block, sales are worth more than $ 13,000 per square meter, more than the $ 11,000 per square meter paid to 109 Jefferson Lane in February, or $ 6 million.
The home, owned by Federal Defense Minister Peter Dutton, was sold for more than double the $ 2,325,000 paid when purchased from Deborah Heiner in September 2014. The sale was settled on April 12.
Parks said details could not be disclosed because the buyer had sought confidentiality.
He said Jefferson Lane is a “conservative market” and many buyers do not want to disclose where they lived or how much they paid for their assets.
“I was contacted by both the seller and the buyer and was able to personally adjust the sale. Unfortunately, I can’t disclose any more,” he said.
Palm Beach, especially Millionaire’s name Jefferson Lane, is a very popular suburb with tremendous growth in the housing and unit markets.
Latest Data REA data shows the fastest growing suburbs of the Gold Coast, recording nearly 30% growth in home prices in the last 12 months, and the fastest growing regions of the state as a whole. We have identified it as the top five in the suburbs.
“Almost every area of the Gold Coast was able to take advantage of the largest real estate market explosion in history, but growth at the southern tip of the Gold Coast was astounding within the Prestige real estate sector.” Said Parks.
Place of originPalm Beach house price record smashed with $6.1m sale