Point Piper

Point Piper is a small, harbourside eastern suburb of Sydney, in the state of New South Wales, Australia, 6 kilometres (4 mi) east of the Sydney CBD, in the local government area known as the Municipality of Woollahra.

Point Piper
Sydney, New South Wales
Point Piper
Population1,334 (SAL 2021)[1]
Postcode(s)2027
Elevation23 m (75 ft)
Area0.39 km2 (0.2 sq mi)
Location6 km (4 mi) east of Sydney CBD
LGA(s)Municipality of Woollahra
State electorate(s)Vaucluse
Federal division(s)Wentworth
Suburbs around Point Piper:
Port Jackson
Darling Point Point Piper Rose Bay
Double Bay Bellevue Hill Bellevue Hill
Lady Martin's Beach
Seven Shillings Beach

Point Piper has been historically regarded as Australia's most expensive suburb. In 2011, Wolseley Road was ranked as the ninth-most expensive street in the world, at $38,900 per square metre.[2]

Location

The suburb of Point Piper sits on Sydney Harbour, beside the suburbs of Rose Bay, Bellevue Hill and Double Bay. The streets in Point Piper are: Buckhurst Avenue, Longworth Avenue, New South Head Road, Redvers Street, Saint Mervyn's Avenue, Wolseley Road, Wolseley Crescent, Wingadal Place, Wentworth Place, Wentworth Street, Wunulla Road, and Wyuna Road.[3]

Point Piper House (also called Henrietta Villa) 1840s

Heritage listings

Point Piper has a number of heritage-listed sites, including:

  • 10 Dunara Gardens: Dunara[4]

Commercial area

Point Piper does not have a commercial area, and has few amenities or public facilities. The closest commercial areas are in nearby suburbs such as Rose Bay and Double Bay.

Beaches and reserves
  • Duff Reserve, off Wolseley Road, deep water point, popular for weddings and picnics
  • Lady Martin's Beach, Wunulla Road
  • Seven Shillings Beach, off New South Head Road
  • Redleaf Pool, off New South Head Road, on Seven Shillings Beach

Clubs
  • The Scots College rowing shed, off Wolseley Road
  • Royal Motor Yacht Club, 21 Wunulla Road
  • Royal Prince Edward Yacht Club

Population

At the 2011 census, 1,404 people were living in Point Piper.[5] In the 2016 census, the population had risen to 1,424 people. 56.1% of people were born in Australia and 71.3% of people only spoke English at home. The most common responses for religion were No Religion 28.3%, Catholic 20.0%, Judaism 13.6% and Anglican 13.3%.[6]

At the 2021 census, there were 1,334 people in Point Piper.[7]

Point Piper, in combination with Darling Point, Edgecliff and Rushcutters Bay, was named as the wealthiest area in Australia, according to information from the Australian Taxation Office in 2013.[8]

Housing

Point Piper is home to some of the most expensive and exclusive homes in Australia, holding the record for the three most expensive house sales nationwide ($130m, $100m, $95m). There are only eleven streets in Point Piper; the main road is Wolseley Road. The price per square metre of real estate in Point Piper is one of the most expensive in the world.[9]

Notable sales

Uig Lodge $130m (2022) - Purchased by Scott Farquhar and Kim Jackson.[10]

Fairwater $100m (2018) - Purchased by Mike and Annie Cannon-Brookes[11]

Edgewater $95m (2020) - Purchased by John Li[12]

Elaine $71m (2017) - Purchased by Scott Farquhar and Kim Jackson.[13]

Altona $60 (2016) - Jiaer Huang[14]

Routala $50m (2018) - David Fox[15]

Akuna $45m (2022) - Purchased by Scott Barlow[16]

Deauville $45 (2017) - Purchased by Neville Crichton[17]

Other notable properties

Wingadal - John Symond's mansion on Wingadal Place, reportedly cost over A$70 million to build (excluding land), easily making it Australia's most expensive, privately owned residential home.[18]

Wolseley Rd - Three adjoining sites on Wolseley Rd valued collectively at $99.5m have been purchased by Alexandra and Gabriel Jakob. A single dwelling is planned on the consolidated site.[19]

As at 2010, Wolseley Road was the world's ninth-most expensive residential street at up to $38,000 per square metre.[20]

Notable residents
View of Point Piper from Sydney Harbour

References
  1. Australian Bureau of Statistics (28 June 2022). "Point Piper (suburb and locality)". Australian Census 2021 QuickStats. Retrieved 28 June 2022. 
  2. Financial News (14 March 2011). "The 10 Most Expensive Streets in the World". Business Insider.
  3. Gregory's Sydney Street Directory, Gregory's Publishing Company, 2007
  4. "Dunara". New South Wales State Heritage Register. Department of Planning & Environment. H00539. Retrieved 18 May 2018. Text is licensed by State of New South Wales (Department of Planning and Environment) under CC-BY 4.0 licence.
  5. Australian Bureau of Statistics (31 October 2012). "Point Piper (State Suburb)". 2011 Census QuickStats. Retrieved 18 August 2022.
  6. "2016 Point Piper, Census All persons QuickStats". Australian Bureau of Statistics. Retrieved 18 August 2022.
  7. "2021 Point Piper, Census All persons QuickStats". Australian Bureau of Statistics. Retrieved 18 August 2022.
  8. "no title recorded". Sydney Morning Herald. 2 May 2013. p. 2.
  9. Martin, Cindy (24 December 2002). "Extreme Sydney, Wealthiest". Sydney Morning Herald.
  10. Macken, Lucy (23 December 2022). "Billionaire Scott Farquhar drops $130 million on Point Piper 'castle'". The Sydney Morning Herald. Retrieved 23 December 2022.
  11. Macken, Lucy (27 September 2018). "Australia's most expensive house, Point Piper estate Fairwater, sold to techie Mike Cannon-Brookes". Domain.
  12. Macken, Lucy (9 September 2020). "Meet John Li: the mystery $95 million buyer of Point Piper's Edgewater trophy home". Domain.
  13. "What Atlassian boss is planning to do to his $71m Sydney pad". Australian Financial Review. 15 July 2020. Retrieved 23 December 2022.
  14. Macken, Lucy (19 November 2016). "Point Piper mansion Altona sold for more than $60 million to billionaire family from China". Domain.
  15. Macken, Lucy (4 June 2020). "Bloch's David Fox emerges as $50 million buyer of Point Piper's Routala". Domain.
  16. "Point Piper waterfront 'Akuna' with rare 'pagoda' boathouse sells for $45m - realestate.com.au". www.realestate.com.au. Retrieved 23 December 2022.
  17. Macken, Lucy (17 December 2017). "Sydney's 20 most expensive property sales in 2017". Domain.
  18. "Boom's glittering prize". Sydney Morning Herald. 2006.
  19. Macken, Lucy (9 September 2022). "Millennials plan 'most expensive house in Australia' on $99.5 million Point Piper site". The Sydney Morning Herald. Retrieved 23 December 2022.
  20. "World-class price tags on Wolseley Road". Sydney Morning Herald. 5 September 2010.
  21. "Luxury car dealer Neville Crichton sells Point Piper home for more than $60m". Australian Financial Review. 18 January 2017.
  22. Mitchell, Ann M. (1986). "Mackellar, Sir Charles Kinnaird (1844–1926)". Australian Dictionary of Biography. Vol. 10. National Centre of Biography, Australian National University. pp. 297–298. ISSN 1833-7538. Retrieved 29 September 2009.
  23. Kingston, Beverley (1986). "Mackellar, Isobel Marion Dorothea (1885–1968)". Australian Dictionary of Biography, Volume 10. MUP. Retrieved 2 August 2012.
  24. Chancellor, Jonathan (10 March 2005). "Sale nets Murdochs a quick $2.2m". The Sydney Morning Herald.
  25. Chancellor, Jonathan (14 March 2008). "$32m for Rivkin Point Piper pile". Sydney Morning Herald.
  26. "Auusie John Symond tipped to blow record away with $100m sale". The Australian. 14 September 2016.

Media related to Point Piper, New South Wales at Wikimedia Commons 33°52′14″S 151°15′3″E

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