Highland Double Bay Malouf highlights prestige market strength

Market Insights
1 year ago
1 minutes

Highland Double Bay Malouf has secured landmark results in Sydney’s prestige property market, selling a luxury Bellevue Hill property and the last remaining One Point Piper harbourside residence for over $34 million combined.

The outstanding results are the latest achievements for the Highland Double Bay Malouf team, which has emerged as one of Sydney’s premier independent property agencies

Highland Double Bay Malouf is the product of a 2021 merger between industry veterans Bill Malouf, son David Malouf, and David Highland.

“$34 million plus in sales is a remarkable outcome for Highland Double Bay Malouf, and is a testament to the calibre of properties our clients are entrusting to us, and the results we are able to deliver for them,” says Highland Double Bay Malouf Director, David Malouf.

The sales included 50 Kambala Road, Bellevue Hill, which sold for around $22 million, and 2/1 St Mervyns Avenue, Point Piper for around $12 million. 

2/1 Mervyns Avenue was the last luxury harbourside residence left in the new One Point Piper development.

The stunning 50 Kambala Road in Bellevue Hill was sold by Highland Double Bay Malouf in July. Image courtesy of Highland Double Bay Malouf. 

Highland Double Bay Malouf’s success highlights the continued strength of Sydney’s prestige property market despite negative sentiment. 

The demand for prestige property experienced by the team at Highland Double Bay Malouf suggests that interest for premium properties in Sydney remains strong. 

“We were overwhelmed with interest for both of these prized properties, with many buyers lured from afar by the desirable location, pristine design, and added income potential,” says Mr Malouf.

“To have facilitated not one, but two high-end sales in a matter of weeks really underpins the unprecedented show of market confidence among Sydney’s prestige property sector,” adds Mr Malouf.

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Header image of One Point Piper courtesy of Highland Double Bay Malouf.