A view from Bellevue Hill, "Bonnington" at 8 Victoria Road across Sydney Harbour
The past decade has been a whirlwind of change in the housing market across Australia. Despite the sharp downturn during the APRA-induced credit crunch between 2017 and 2019 and the recent steep declines, there are a handful of suburbs in the country that have shown incredible capital gain over the last decade. And among this illustrious list prepared by Michael Yardley (of Metropole Property Strategists), is the gorgeous suburb of Bellevue Hill.
Allala | 26-28 Cranbrook Road, Bellevue Hill, sold for $11.8m in 2019
It is not difficult to identify what makes this suburb so highly attractive. Firstly, home to many of Sydney’s rich and famous, the suburb is peppered with magnificent mansions, glorious established gardens and wide tree-lined avenues. And to add to the divine aesthetic, the elevation affords the homes with panoramic views across the verdant landscape and out to the sparkling waters of Sydney Harbour.
Murray Rose Pool (formerly Redleaf Pool), Double Bay
Another major drawcard in Bellevue Hill’s stellar capital gain performance is its Inner East location. The suburb is so close to the commerce and attractions of the CBD, a short drive to fabulous harbour beaches such as Murray Rose Pool (formerly Redleaf), Neilson Park and the lovely and less known beaches along the fantastic Hermitage Walk. Then also very close by are the world-renowned coastal beaches of Bondi, Tamarama, Bronte and Clovelly and expansive parklands of Centennial Park and the lesser known but incredibly captivating 38 acres of Cooper Park.
Kambala School, Rose Bay
The next attraction is the wealth of prestigious schools that are all located nearby. Cranbrook, Scots, Kambala, Kincoppal, Ascham and Moriah College have educated some of Sydney’s greatest minds and continue to be the education options of choice for so many parents prepared and able to invest in their children’s future. And not to be overlooked, the amenity of luxury shopping in Bondi Junction Westfield is a jewel in the crown of Sydney’s high-end retailing. With the finest international designer brands, luxury local labels, iconic department stores, a day to night dining and entertainment precinct and supermarkets to boot, Westfield provides for every shopping need and offers unsurpassed amenity to Bellevue Hill’s residents.
Bellevue Hill Village Shops
Then for charming village shopping, picturesque Bellevue Hill Village is home to deluxe homewares stores, fabulous cafés, a beauty salon, a marvellous old-style fruit shop, delicatessen and scrumptious bakery. And at the foot of this magnificent hill lies Double Bay Shopping Village and all its extravagant shopping spots and renowned restaurants and cafés.
If you are considering purchasing in the strong and sure Bellevue Hill market, please peruse the following exquisitely crafted properties in our stellar development, Splendour:
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