Copyright brisbanetimes
“Point Piper does have a lot of very expensive property, but there’s not enough of it to produce a reliable median as the number of transactions isn’t high enough. But Bellevue Hill has all the drivers of price growth – like large parcels of land, premium homes, good schools and proximity to the city – and a real scarcity of stock.” The eastern suburbs favourite for high rollers is constantly seeing cash splashed on a series of top sales. Fashion stylist Natalie Jacobson sold her newly built trophy home for $43 million in April to Camilla Speer, of Melbourne’s wealthy Deague family, whose husband is private equity executive Nick Speer. Dealmaker Adam Blumenthal off-loaded his home for $42 million in November last year. A hefty $80 million was clinched for fashion designer-turned-lifestyle blogger Stephanie Conley-Buhre’s mansion in August 2024, but reluctant to leave, she returned the next month to buy another Bellevue Hill pile for $43.5 million.
