{"id":42906,"date":"2023-05-09T10:11:19","date_gmt":"2023-05-08T22:11:19","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42906"},"modified":"2023-05-09T10:11:19","modified_gmt":"2023-05-08T22:11:19","slug":"sports-glamour-couples-new-5m-house-flip","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/sports-glamour-couples-new-5m-house-flip\/","title":{"rendered":"Sports glamour couple\u2019s new $5m+ house flip"},"content":{"rendered":"

PHOTO: The Egans have a new reno project. Picture: Toby Zerna<\/strong><\/p>\n

Sporting power couple Luke Egan and Jessica Yates have sorted out their next renovation project in one of the most wanted suburbs in Sydney<\/a>.<\/p>\n

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Sporting power couple Luke Egan and Jessica Yates have stuck with the Sutherland Shire, securing their next renovation project at Burraneer after selling in\u00a0Cronulla.<\/p>\n

\"Beth<\/a><\/div>\n
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Sydney real estate agent who died mysteriously in Bali<\/a><\/h2>\n<\/header>\n<\/div>\n<\/div>\n

Egan, a former pro surfer, and Yates, a Fox Sports presenter, have spent $3.5m on the tightly held Morris family home, which was sold for the first time in six decades.<\/p>\n

The property, marketed as being \u201cripe for total refurbishment\u201d, sits on a 1210sq\u00a0m block of land, just a few rows back from the water.<\/p>\n

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\u201cCreate a luxury family estate or land bank for the future,\u201d the marketing from Chris Burke & Co agent David Kennedy suggested. It settled this week, so there\u2019s no signs of\u00a0any plans yet.<\/p>\n

\"Chinese<\/a><\/div>\n
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Why more Chinese buyers are snapping up Sydney property<\/a><\/h2>\n<\/header>\n<\/div>\n

Of course, the couple did the former with their recently sold Cronulla home, which fetched $5.5m pre-auction over the summer.<\/p>\n

They had paid $1,425,000 for the Wanda Beach property nine years earlier. They got rid of the original classic beachside bungalow, replacing its with a designer property with pool, which they completed around 2018.<\/p>\n

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\"Glamour<\/div>\n

Glamour sports couple Luke Egan and Jessica Egan buy back in the Shire. Picture: realestate.com.au<\/strong><\/em><\/div>\n

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\"The<\/div>\n

The kitchen has an ocean theme. Source: realestate.com.au<\/strong><\/em><\/div>\n

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\"A<\/div>\n

A home among the gum trees. Source: realestate.com.au<\/strong><\/em><\/div>\n

It had four bedrooms, four bathrooms, and a home office on its 625sq\u00a0m Links Ave holding. There was also a saltwater pool with cabana.<\/p>\n

\"Australia's<\/a><\/div>\n
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Sydney dethroned as Australia\u2019s largest city | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n

The Shire was a top performer in the December quarter according to CoreLogic\u2019s Pain & Gain report, which calculated that 96 per cent of its sales were profitable. The median profit was $450,000, which sat above the $390,000 Sydney-wide median profit, which came from the 91 per cent of profit takers.<\/p>\n

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\"Home<\/div>\n

Home sales in the Shire remain strong. Picture: realestate.com.au<\/strong><\/em><\/div>\n

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\"Plenty<\/div>\n

Plenty of outdoor space. Source: realestate.com.au<\/strong><\/em><\/div>\n

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\"Surfer\u2019s<\/div>\n

Surfer\u2019s Shire hide-out. Source: realestate.com.au<\/strong><\/em><\/div>\n

But it might have lost its lustre, according to the Autumn 2023 Hotspotting Price Predictor Index report by commentator Terry Ryder. Of the Shire suburbs on his list, just three are rising, 10 are plateauing and two were in decline.<\/p>\n

Yates has been a presenter on Fox Sports for over 15 years.<\/p>\n

She is the face of Fox Sports V8 Supercar and F1 coverage as well as hosting NRL game-day coverage on Fox League.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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