New records being set for north shore property

Record residential property prices have been set in four north shore Sydney suburbs – Warrawee, Gordon, Killara and Pymble – over the past 10 months. Bremon in Warrawee topped the records, selling for $11.5 million to mining entrepreneur Jerry Ren last week. The highest price elsewhere on the upper north shore was $7.8 million, paid last November for a 1930s Killara house, Wharncliffe, on Springdale Road.

At Pymble, a six-bedroom Georgian-style house, tennis court, pavilion and pool, sold for $7.25 million last March. Aberdour, the 1901 Federation residence on 3300 square metres at Gordon, was sold late last year by Mark Worrall of Keybridge Capital and his wife, Jacqueline, for about $6 million, bettering the suburb's previous record of $5 million.

Source: Sydney Morning Herald