Jan 20, 2017 - DOMAIN APP TODAY. News and ... believes that kind of appetite will be driving many of ... the first to bu
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JANUARY 20-21, 2017
News and previews of the must-see properties this week
CRUISE CONTROL
Lifestyle getaways reach five-star status Pages 4-5
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NEW ORDER IN GLEESON’S COURT
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BAY WATCH AT FAIRY BOWER
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POOL DESIGN HITS NEW HIGH
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kanebridge.com.au
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Cover story SUE WILLIAMS
Waterside lifestyle attracts buyers Premium coastal developments on Sydney’s doorstep offer a quick escape from city pressures.
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ooking for a new home away from the traffic and noise of the city and by the water somewhere that can offer you a much more peaceful time? You’re not alone. With ‘‘lifestyle’’ emerging as one of the biggest buzzwords of the property market in 2017, experts are predicting we all now have a stronger focus on achieving a better home-work-stress life balance. Social analyst and demographer Mark McCrindle believes that kind of appetite will be driving many of our housing decisions. ‘‘Australians are now looking for financially sustainable options which meet the needs of both lifestyle and affordability, with homes that offer us social connection and lifestyle,’’ he says. As a result, quality new developments on the coast are experiencing a huge number of inquiries, and subsequent sales. One of the hottest is Trinity Point, a $388 million masterplanned community being built at Morisset Park on the shores of Lake Macquarie, 88 minutes’ drive north of Sydney and 30 minutes’ south of Newcastle. With a planned 188-berth marina, a five-star hotel, resort-style facilities such as a pool, gym and luxury day spa alongside the homes, as well as a foreshore
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boardwalk surrounding the complex, it’s appealing to empty-nesters, young families and professionals alike. ‘‘When I first walked onto the site in 1999, I realised how special it was,’’ says Keith Johnson, chief executive and owner of developer Johnson Property Group. ‘‘As soon as I saw the property, I made the decision immediately.’’ ‘‘We wanted to add value to the local community and create the best lifestyle on offer we could. ‘‘It’s so close to Sydney – but also far enough away to really attract people who are looking for a quality lifestyle outside the city, yet still want infrastructure, convenience and five-star luxury. ‘‘We believe its closest comparison is Hamilton Island, for a planned community on the water with the marina and this standard of facilities.’’ Trinity Point’s profile has been raised by its association with one of the area’s best-known locals, former Miss Universe, model and businesswoman Jennifer Hawkins, who’s contracted as an ambassador. Its star-pulling power wasn’t hurt either when former cricket captain Michael Clarke became one of the first to buy on the 23-hectare estate, paying $1,388,888 for a three-storey, four-bedroom terrace.
Already, about a quarter of the 189 residential land lots and two- to four-bedroom terraces have been sold, while the 250 apartments planned for the site will start selling off the plan later this year. All the pontoons of the marina are expected to be completed by the end of this month. Buyers are mostly from Sydney’s north and northwest suburbs and are a mix of empty-nesters buying as holiday homes and intending to move in on retirement, owner-occupiers, families and investors, says Johnson Property Group marketing director Kristy Lee. ‘‘It’s affordable and, from an investment value proposition, with so much infrastructure going in, it’s going to be fantastic,’’ she says. ‘‘Where else could you buy a house on the waterfront so close to Sydney under a million dollars and with Hamilton Island-like facilities?’’ That lifestyle mindset is also what’s fuelling
Trinity Point, Trinity Point Drive, Morisset Park, Lake Macquarie From $998,888
Or try these
l Trinity Point is close to the Hunter Valley wine region, unspoilt beaches, golf courses and the Watagan Mountains. ‘‘It’s a beautiful part of the country,’’ says developer Keith Johnson. The masterplan concept design by architects Squillace includes a marina, restaurant with outdoor dining, function centre, a cafe and shops. It’s close to the Morisset town centre and train station, while seaplanes fly from Rose Bay to Lake Macquarie in 25 minutes. It will have three- and four-bedroom terraces (300-440 sqm) from $1,138,888 to $1,338,888; nine different house and land packages from $998,888 to – ‘‘Well, the sky’s the limit!’’ says marketing manager Kristy Lee – and land blocks (450-1651 sqm) from $348,888 to $1.5 million. Trinitypoint.com.au. Ph 1300 888 888. domain.com.au/project/1112
Akoya, 36-38 Campbell Crescent, Terrigal Guide: $650,000 – $2 million
demand for other developments by the coast outside the Sydney basin. ‘‘The beachside lifestyle and quietness not too far from Sydney is what’s appealing for a lot of people,’’ says Mat Steinwede, of McGrath Projects, who’s marketing the Akoya development, 12 large apartments overlooking Terrigal Beach on the Central Coast, further south. ‘‘I think people are feeling more and more that life is short and they want to have a more balanced lifestyle and really enjoy where they live.’’ McGrath Terrigal principal Jaimie Woodcock, who’s overseeing another new building nearby, Marina at Point Frederick, with 29 luxury apartments surrounded by waterways, agrees. ‘‘People are now looking for very high-quality, lowmaintenance homes with a great interior fit-out in spectacular locations not too far away from Sydney,’’ Mat Steinwede Woodcock says.
‘I think people are feeling more and more that life is short and they want to ... really enjoy where they live.’
This north-facing complex by Ezy Projects will have 12 one, two, three and four-bedroom units from 67 sqm -149sqm. The penthouse has already sold at $2.7 million. Ph 0414 852 200 ■ See more at: domain.com.au/project/1991
Marina, 7-9 Lynn Avenue, Point Frederick Guide: $630,000-$855,000 This six-level building by Central Real will have 29 two and three-bedroom units from 89-112 sq m and three-beds are 108-162. Completion is due May 2018. Phone 1300 271 420.
■ See more at: domain.com.au/project/1896
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