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Mansion Global Daily: Palm Beach's Growing Popularity, Swedish Home Prices Expected to Rise in the Coming Year, and More


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Mansion Global Daily: Palm Beach s Growing Popularity, Swedish Home Prices Expected to Rise in the Coming Year, and More
Mansion Global’s daily round-up of the latest luxury real estate news from around the world
By Mansion Global Staff
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Originally Published On May 10, 2021
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BY THE NUMBERS
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Mansion in Bellevue Hill, Sydney, Sells for Record A$26 Million
A three-level mansion that was built in 1990 in Bellevue Hill, a harborside suburb of Sydney, for real estate mogul Spencer Simmons has changed hands for close to A$26 million (US$20.44 million), a record price for the area. Mr. Simmons, founder of real estate agency Laing + Simmons, purchased two adjoining properties in the mid-1980s and combined them into a 19,375-square-foot mansion in 1990. The Simmons family sold it in 1992 for A$3.85 million, ....

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Sydney property: Bellevue Hill clocks up highest house sale of 2021 with $26 million mansion built by Spencer Simmons


Lucy Macken
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Bellevue Hill in Sydney’s eastern suburbs has clocked up its highest house sale of the year at close to $26 million for a mansion built by Spencer Simmons, the founder of real estate agency Laing + Simmons.
The sale price remains undisclosed by Christie’s Ken Jacobs, but it was listed in March by Simmons’ colleague Darren Curtis with a guide of $24.5 million to $26 million and is expected to have sold at the upper end of the range, given interest from multiple parties.
The Tarrant Avenue house is built on a consolidated site of 1800 square metres. 
At that level, it is the highest house result outside Point Piper, where there have been three sales in recent weeks for more than $37 million, including the non-waterfront home of Sydney Football Club chairman Scott Barlow for about $40 million. ....

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