Sam Burgess’ big home sale dramas

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PHOTO: Sam Burgess. FILE

Ex-NRL star Sam Burgess is struggling to enjoy the same success post-footy he enjoyed while playing Rugby League. Here’s why.

South Sydney Rabbitohs assistant coach Sam Burgess has pushed back the auction of his Little Bay investment apartment by a fortnight.

Originally listed with $1.2m guidance, the top-floor apartment on Cawood Ave, Little Bay, with ocean views will now go to auction on April 18.

NG Farah’s Martin Farah and Steve Ausling have tweaked the price guidance down to between $1.175m and $1.225m.

Sam Burgess, pictured with Lucy Graham, has held back the auction of his Little Bay unit. Picture: Getty

These changes are certainly emblematic of the hit-and-miss market at the moment.

But success came auction eve for Sydney Swans midfielder Luke Parker and his wife, interior designer Kate Lawrence-Parker, who sold their stylish new Matraville duplex ahead of last week’s auction for more than $3m. The guide from McGrath agents Simon Nolan and Joshua Karam had always been $2.75m.

Sam Burgess’ home for sale

Agents across Sydney advise there’s no doubt that prices have had a floor below which they don’t fall during early autumn, given the lack of stock and cautious buyer demand.

After the recent sale of their oceanview penthouse, the NRL legend and his wife Kim have purchased a superbly renovated home in Mermaid Beach.

Sam Burgess house hunting in Coogee

There were 12,000 new listings, auction and private treaty, across Sydney last month, according to SQM Research, compared to 15,000 in February last year.

Given the general economic uncertainty, vendors have been reluctant to come forward, especially if they don’t wish to test just how much prices are down against their boomtime peaks.

Price guidance for Burgess’s two-bedder has been tweaked down to between $1.175m and $1.225m.

This week saw the ignominious return of Julina Lim’s Vaucluse trophy home to the market through Luxe Listings cast member D’Leanne Lewis.

The matriarch of the Oceania Property development family had sold the property for about $27m in May last year, but it never proceeded to settlement.

Sam and Phoebe Burgess sell family home

Of course there’s still the “must list and sell” markets that arise after death, divorces and births.

Since Sam Burgess’s listing last month, it has emerged that the 34-year-old retired league player and his partner Lucy Graham are expecting their first child together.