Rose Bay Leads Sydney’s Biggest Luxury Property Sales of 2025

Three Rose Bay properties ranked among Sydney’s highest priced home sales in 2025, with two deals pushing past $80 million and another clearing more than $50 million, placing the harbourside suburb at the centre of the city’s luxury housing market.



Rose Bay Sets the Pace for Luxury Sales

The sales took place across 2025, with major deals completed in February, October, and the final weeks of the year, based on property records and industry sources. Rose Bay was the only suburb to log three separate sales above $50 million in one year, with a combined value above $200 million.

Photo Credit: Domain/Facebook

Agents involved confirmed the transactions but withheld buyer details in several cases, which is standard at this price level. Two homes sold for more than $80 million, ranking among Australia’s priciest residential sales of 2025, while the third briefly set a suburb record earlier in the year.

The $85 Million Sale That Closed the Year

The highest priced Rose Bay transaction was finalised in the closing days of 2025, with a home selling for about $85 million. The property was owned by Lawrence Myers, chief executive of Consolidated Press Holdings, and his wife Sylvia. The sale was handled by agents from The Agency and Pillinger, with buyer representation believed to involve a specialist buyers’ agency.

Industry figures described the deal as one of the clearest signs that top end demand remained strong through the end of the year, despite broader economic pressures affecting many households across Sydney.

A Record Broken Twice in One Suburb

Another Rose Bay mansion sold in October for more than $80 million, beating the suburb’s previous record of $54.6 million. The property, owned by Orazio Camuglia and his wife Yolanda Camuglia, included three separate homes on one site with a pool, gym, and sauna.

Earlier in February, media owner Linge Dai bought a harbourfront Rose Bay home for $54.6 million, setting a new suburb benchmark at the time. The five bedroom home later returned to the market with a higher price guide, reflecting ongoing confidence in Rose Bay values.

What the Sales Mean for the Community

Local property observers said Rose Bay’s 2025 results confirmed its rise into Sydney’s top tier of prestige suburbs alongside Point Piper and Vaucluse. The cluster of high value sales reflected demand for large family homes and redevelopment sites offering privacy, space, and harbour access.



Residents said the prices remain far beyond the reach of most locals. They also noted flow on effects such as increased focus on local infrastructure, schools, and amenities as new owners move in.

Published 30-December-2025

Rose Bay Waterfront Home Sells for $82.5 Million, Setting New Record

A Rose Bay waterfront estate at 14 Tivoli Avenue has sold for $82.5 million, marking Sydney’s highest house sale of 2025 and setting a new suburb record.



Record Sale in Rose Bay

A luxury property owned by Orazio and Yolanda Camuglia has achieved the top residential sale of the year, finalised on 22 October 2025. The result exceeded Rose Bay’s previous record of $54.6 million from February and topped all Sydney house sales for the year.

Situated on a 1,138-square-metre waterfront parcel, the home comprises three self-contained residences with eight bedrooms, ten bathrooms, and four-car garaging. The sale was managed by Forbes Global Properties agents Ken Jacobs and Hui Xu.

Forbes Global Properties
Photo Credit: Forbes Global Properties

Waterfront Luxury and Design

Stretching from Tivoli Avenue to the harbour’s edge, the home offers sweeping views of the Opera House, Harbour Bridge, and Sydney skyline. Interiors feature Carrara marble, marine-grade fittings, and expansive glass detailing. The estate also includes a pool, gym, sauna, landscaped gardens, and a boathouse.

Rose Bay property
Photo Credit: Forbes Global Properties

Market Standing and Comparisons

The $82.5 million sale surpasses the previous suburb record and the recent $60 million transaction at Vaucluse’s Coolong Road. Experts describe the sale as one of Sydney’s five highest residential property deals on record, underscoring continued strength in the city’s prestige market.

History and Renovations

The Camuglias first acquired part of the Tivoli Avenue site in 2004 and spent years expanding and modernising the residence. A 2018 development approval under architect Renato D’Ettore included major extensions and upgrades.

The couple are also known for commissioning D’Ettore for other projects, including Coogee Castle and Italianate House in Surry Hills.

Rose Bay record sale
Photo Credit: Forbes Global Properties

Shifting Property Landscape



Property valuer Simon Feilich noted that Rose Bay’s market reflects both high-end individual sales and collective redevelopment trends. Long-held family properties are increasingly being amalgamated for aged-care and medium-density projects, signalling ongoing transformation in the suburb’s housing landscape.

Published 3-Nov-2025

Holocaust Survivors’ Rose Bay Home Sells $1m Above Reserve

A Rose Bay home owned by Holocaust survivors has sold for $9.725 million, more than $1 million above its intended reserve, in a pre-auction sale.



The Sale

The property at 98 Dover Road, Dover Heights, sold on 10 September 2025 through Ray White Double Bay agents Dion Markovics and Warren Ginsberg. The three-bedroom residence changed hands for $9,725,000, which was $1 million above the reserve of $8,725,000.

Two competing buyers negotiated ahead of the planned auction, pushing the final figure beyond expectations. The result reflected the strong demand for homes in Sydney’s eastern suburbs and the rare availability of properties with views over Sydney Harbour.

Rose Bay property
Photo Credit: Ray White Double Bay

Family History

The home had been held by the Grunstein family for more than 60 years. John and Barbara Grunstein, both Hungarian Holocaust survivors, purchased the property decades ago. John passed away many years earlier, while Barbara died in December 2024 at the age of 98.

Barbara’s personal account of her wartime experiences was recorded in 2024 for the NSW Jewish Board of Deputies. In it, she recalled being forced from her home in Hungary following the 1944 German invasion, later enduring Auschwitz, labouring in a German factory, and eventually surviving Bergen-Belsen concentration camp.

Ray White Double Bay
Photo Credit: Ray White Double Bay

Property Details

Set on approximately 493 square metres, the home offers sweeping harbour views. It includes three bedrooms, two bathrooms, and a double lock-up garage. Still in largely original condition, the residence had been marketed as a rare opportunity with scope for renovation or redevelopment. Its location places it close to Rose Bay North shops, public transport, and coastal clifftop walks.

Community Significance



While the sale result underscores the strength of the property market, the home carries historical and cultural weight. With more than six decades of connection to the Grunstein family and its ties to Holocaust survivors, the property stands as more than a real estate listing, embodying personal history and resilience.

Published 19-Sep-2025

Prime Rose Bay Site with Woolworths Supermarket and Luxury Apartments Hits the Market

Woolworths Group has placed a prestigious mixed-use development site in Rose Bay on the market, offering a rare opportunity to acquire a prime Eastern Suburbs property. The site, located at 488-492 Old South Head Road & 30 Albemarle Avenue, is being exclusively marketed by Stonebridge Property Group.



Woolworths Rose Bay site listed for sale
Photo Credit: Stonebridge Property Group

Woolworths’ Rose Bay Site Up for Sale

Stonebridge Property Group has been appointed to manage the sale of this highly sought-after Rose Bay site, currently operating as a Direct to Boot drive-thru facility for Woolworths. Plans for the site include a full-line Woolworths supermarket and 13 luxury residential apartments, offering a combination of retail convenience and premium living in one of Sydney’s most affluent suburbs.

Situated in a high-demand, underserviced retail zone, the proposed development will feature 65 car spaces and five Direct to Boot bays, designed to enhance accessibility and meet modern shopping needs.

Luxury Living Meets Retail Convenience

Designed by PBD Architects, the development (PP-2022-731) will combine residential and commercial spaces in a contemporary setting. The apartment mix includes:

  • 2 x two-bedroom apartments
  • 10 x three-bedroom apartments
  • 1 x four-bedroom apartment

Each residence will include basement parking, catering to the lifestyle expectations of Rose Bay’s high-income demographic. The project’s retail component is expected to fill a gap in the area, as the Woolworths supermarket will be the only full-line store within the Main Trade Area.

Mixed-use development in Rose Bay
Photo Credit: Stonebridge Property Group

A Strategic Investment in a Prime Location

The site is positioned as a rare opportunity due to the limited availability of development-ready land in Rose Bay. With the retail and residential components carefully designed, it presents strong investment potential.

Over the past five years, retail space has remained in short supply in Sydney, increasing the demand for developments that integrate essential services with luxury living. Given that this project will house the only full-line supermarket in the vicinity, it is expected to generate significant interest from both residents and investors.

Stonebridge selling Rose Bay property
Photo Credit: Stonebridge Property Group

Approximately one-third of the site’s on-completion value has already been secured through a long-term lease agreement with Woolworths, while the remaining value lies in the high-end residential offering. This combination enhances the site’s appeal as both a stable commercial asset and an exclusive residential opportunity.

Key Development Details

  • Address: 488-492 Old South Head Road & 30 Albemarle Avenue, Rose Bay, NSW
  • Size: 2,257 sqm* across two titles with MU1 & R2 Zoning
  • Proposed Build:
    • 2,500 sqm Woolworths supermarket
    • 13 premium apartments
  • Lease Agreement: 10-year lease to Woolworths with 10 x 5-year options
  • Parking: 65 spaces, including five Direct to Boot bays
Woolworths supermarket development in Rose Bay
Photo Credit: Stonebridge Property Group

Expressions of Interest Closing Soon



The Expressions of Interest (EOI) campaign for the Rose Bay development site is set to close at 4 p.m. on Tuesday, 25 March 2025. Potential buyers are encouraged to arrange inspections and seek further details through Stonebridge Property Group, the exclusive selling agents.

Published 20-Feb-2025