Loading

  • 21 Aug, 2019

  • By, Wikipedia

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 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.

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.

Point Piper House (also called Henrietta Villa) 1840s

Heritage listings

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

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

Population

At the 2011 census, 1,404 people were living in Point Piper. 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%.

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

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.

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.

Notable sales

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

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

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

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

Altona $60 (2016) - Jiaer Huang

Routala $50m (2018) - David Fox

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

Deauville $45 (2017) - Purchased by Neville Crichton

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.

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.

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

Notable residents