{"id":31586,"date":"2021-04-06T08:16:41","date_gmt":"2021-04-05T20:16:41","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31586"},"modified":"2021-04-06T08:16:41","modified_gmt":"2021-04-05T20:16:41","slug":"game-set-and-match-for-homes-with-tennis-courts","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/game-set-and-match-for-homes-with-tennis-courts\/","title":{"rendered":"Game, set and match for homes with tennis courts"},"content":{"rendered":"

PHOTO: Across Sydney, Melbourne, Brisbane, Perth and the Gold Coast, the total value of transactions of super-prime residential sales with tennis courts was $682.8 million in 2020 across 38 transactions.<\/span>\u00a0Credit:\u00a0Supplied.<\/strong><\/p>\n

Throughout last year, luxury properties with tennis courts have been in high demand across the country due to COVID-19 lifestyle changes, according to recent research conducted by Knight Frank<\/a>.<\/p>\n

The real estate agency\u2019s Australian Residential Tennis Court Premium 2021 report assessed the sales performances of Australia\u2019s \u2018super-prime\u2019 residential properties with a tennis court, which were defined as the most desirable and most expensive properties in a given location, generally known as the top one per cent of each market by value.<\/p>\n

The research revealed that across Sydney<\/a>, Melbourne<\/a>, Brisbane,<\/a> Perth<\/a> and the Gold Coast<\/a>, the total value of transactions of super-prime residential sales with tennis courts was $682.8 million in 2020 across 38 transactions, up by 230 per cent on a weak 2019, when there were just 14 transactions.<\/p>\n

\u201cEvery Australian city analysed had overtaken the 2019 sales volume in 2020, with Sydney being the strongest performing market,\u201d Knight Frank Head of Residential Research Michelle Ciesielski said.<\/p>\n

While Perth\u2019s market recorded the greatest uptick of 453 per cent in properties with tennis courts throughout 2020, Ms Ciesielski said this figure only included two sales totalling $41.5 million.<\/p>\n

\u201cIn 2020, Sydney saw $436.6 million of tennis court-featured super-prime sales across 22 transactions, although this total volume fell short by three per cent of surpassing its highest volume reached in 2018,\u201d she said.<\/p>\n

\u201cMelbourne was next with $134.6 million worth of sales last year across nine transactions, although it\u2019s greatest volume was recorded in 2016 at $156.2 million.<\/p>\n

\u201cThe Gold Coast lifestyle became more popular through COVID-19, resulting in last year being the only year in the past five to register any super-prime sales accommodating tennis courts, with a volume of $50 million \u2013 outperforming both the Brisbane and Perth markets, which recorded $20.1 million and $41.5 million in sales value.\u201d<\/p>\n

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