Point Piper, New South Wales
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| Point Piper Sydney, New South Wales |
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| Population: | 1,386 (2001)[1] | ||||||||||||
| Postcode: | 2027 | ||||||||||||
| Location: | 6 km (4 mi) from Sydney CBD | ||||||||||||
| LGA: | Municipality of Woollahra | ||||||||||||
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Point Piper is a small harbourside, eastern suburb of Sydney, in the state of New South Wales, Australia. Point Piper is 6 kilometres east of the Sydney central business district, in the local government area of the Municipality of Woollahra. The postcode is 2027.
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The suburb of Point Piper is located 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, Wolseley Road, Wolseley Crescent, Wingadal Place, Wentworth Place, Wentworth Street, Wunulla Road, Wyuna Road.
Point Piper was named after Captain John Piper (1773-1851). Piper was a Scottish-born military officer, who arrived in the colony in 1792 and built a neo-Palladian mansion on the point, on 190 acres of land granted by the governor in 1816. After a review of Piper's performance as head of the Customs Department showed that he had mismanaged funds (although he was not actually accused of being corrupt), Piper attempted to drown himself in Sydney Harbour. He subsequently sold his holdings at Point Piper, Rose Bay, Neutral Bay, and Petersham, for £5,000 and moved to the country. In 1834, Piper's former residence was leased by Colonel (then Major) John George Nathaniel Gibbes, the newly-arrived Collector of Customs for New South Wales and a Crown appointee to the colony's Legislative Council. Colonel Gibbes and his family resided at Point Piper House (also known as Henrietta, or Naval, Villa) until 1844, when they moved to "Wotonga" on Kirribilli Point. Wotonga now forms part of Admiralty House. Unfortunately, Point Piper House was torn down in the 1850s and the site redeveloped.
Point Piper does not have a commercial area and very few amenities or public facilities. The closest commercial areas are in nearby suburbs such as Rose and Double Bay.
- Duff Reserve - off Wolseley Road, deep water point, popular for weddings and picnics
- Lady Martin's Beach - off Wunulla Road
- Seven Shillings Beach - off New South Head Road
- Redleaf Pool - off New South Head Road, on Seven Shillings Beach
- Scots College rowing shed - off Wolseley Road
- The exclusive Royal Motor Yacht Club - 21 Wunulla Road
- Royal Prince Edward Yacht Club
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Point Piper is home to some of the most expensive and exclusive homes in Australia. There are only eleven streets in Point Piper. The main road running through Point Piper is 'Wolseley Road' Today the price per sqm of real estate in Point Piper is one of the most expensive in the world. Property writer Cindy Martin calculated in 2002 that the total value of the properties on the 1 km waterfront section of Wolseley Road was AUD$720 million.[2]
John Symond's mega mansion on Wingadal Place, reportedly cost over $70M to build (excluding land), easily making it Australia's most expensive privately owned residential home.[3]Russell Crowe has recently inspected Altona (Australia's second most expensive house) with is currently on the market. It has been listed for more than AUD$50 million.[4]
In 2007, an Australian record price was achieved for a residential property when Routala, at 64 Wunulla Road, sold for in excess of $28 million.[5] Australian's second most expensive home, Altona is currently on the market with estimates of $60 million and above. An offer of $55 million has recently been rejected.[6]
Point Piper is an affluent residential area, which is home to many prominent Australians including:
- Malcolm Turnbull, The Hon - Federal politician and Member for Wentworth;
- Frank Lowy - The Westfield Group founder and boss
- John Symond - Founder of Aussie Home Loans
- Julia Ross - Recruitment executive, Ross Human Directions Ltd. [7]
- Bruce McWilliam - Seven Network executive
- Brian White - Chairman of Ray White realty
- Andrew Banks - Former owner of recruitment firm Morgan and Banks[citation needed]
- Neville Crichton - Successful car dealer[citation needed]
- Alan Rydge - Hospitality and movie supremo[8]
- Anthony Sahade - Owner of the Crystal Car Wash chain[9]
- Denis James O'Neil - Developer and former Olympian[10]
- Rene Rivkin - Stockbroker (deceased)
- Sir Frank "the bank" Renouf - New Zealand financier (deceased)
- Lachlan Murdoch - Elder son of media mogul, Rupert Murdoch[11]
- The Book of Sydney Suburbs, Compiled by Frances Pollen, Angus & Robertson Publishers, 1990, Published in Australia ISBN 0-207-14495-8
- ^ Australian Bureau of Statistics (9 March 2006). Point Piper (State Suburb). 2001 Census QuickStats. Retrieved on 2007-06-30.
- ^ Cindy Martin (2002). "Extreme Sydney, Wealthiest". The Sydney Morning Herald.
- ^ SMH (2006). "Boom's glittering prize". The Sydney Morning Herald.
- ^ SMH (2007). "Crowe eyes $50m home". Courier Mail.
- ^ Jonathan Chancellor (2007). "Record broken as home scoops $28m-plus". The Sydney Morning Herald.
- ^ Jonathan Chancellor (2007). "Buy your house for $55m? No thanks". The Sydney Morning Herald.
- ^ Refined Living (2007). "Point Piper". Refined Living.
- ^ Jonathan Chancellor (2005). "Family spreads wings in Point Piper with $8.7m". The Sydney Morning Herald.
- ^ Andrew Chesterton (2007). "Car-wash king's outburst on tape". The Daily Telegraph.
- ^ SMH (2007). "Really rich man claims to be poor, Matt O'Sullivan's a poor man who admits he's poor.". The Sydney Morning Herald.
- ^ Jonathan Chancellor (2005). "Sale nets Murdochs a quick $2.2m". The Sydney Morning Herald.
- Point Piper, New South Wales is at coordinates Coordinates:
| Suburbs and localities within the Municipality of Woollahra | Eastern Suburbs | Sydney |
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Bellevue Hill | Darling Point | Double Bay | Edgecliff | Paddington | Point Piper | Rose Bay | Vaucluse | Watsons Bay | Woollahra |
| List of Sydney suburbs |