Skip to content
Property Real Estate

Benchmark Sale Achieved for Non-Waterfront in Coogee Area

Highland 2 mins read

Highland agent Edward Reid has just achieved a benchmark result in the Coogee area for the sale of 8 Close Street, South Coogee. With a sale price in excess of $14.5million, this result marks Mr Reid’s debut as a Highland agent in spectacular fashion.

Edward Reid hit the ground running as part of the Highland Double Bay team listing this luxury 5 bedroom home immediately upon starting. “The decision to move to Highland was one I took very seriously as I always admired their brand in the market,” Edward said. “They are a competitive force and are extremely innovative in the marketing of their properties and brand presence that I believed I could really utilise in the areas that I am a specialist within. That being the lower Eastern beaches.”

8 Close Street was the perfect listing to get him started. “David Highland, the Malouf’s [Bill and David] and the wider Highland team have been nothing but supportive during my short time at the company,” Edward reflects. “When I listed 8 Close Street in South Coogee for one of my repeat client’s, I assured them that we would have the front foot on getting their property to market with a professional outfit and also utilise their database to secure a result, and that’s exactly what we were able to do.”

Running the campaign as an auction, the property went under the hammer through Damien Cooley of Cooley auctions with a packed house but unfortunately no result. “I believed in the property and knew we had the buyer out there. So after our auction result, we persevered with the sale and I was able to negotiate a circa $15million result in just one week after our on-site auction.”

A magnificent, free-standing home in a tightly-held pocket of an exclusive postcode, 8 Close Street was just the property to cement Mr Reid as a prestige agent in the Highland network. Showcasing luxurious interiors framed by expansive windows, interested buyers were treated to incredible ocean views from almost every room. Highland CEO, David Highland could not speak any higher of this calibre of property from one of his newest agents.

“Edward’s recruitment as part of the Highland Double Bay team has been something we have been eagerly facilitating from an internal point of view and it is great to now see him announce this benchmark sale. It is one of the most spectacular properties I’ve had the pleasure of being involved in, in this area and it is a massive achievement to not only sell within 7 weeks but also to achieve the highest, non-waterfront sale in the area.”

Boasting master detailing, European Oak timber floors and marble accents throughout as well as a divine saltwater pool taking pride of place on the level 2 terrace outdoors, it will be a trophy home for the lucky buyers for years to come.

For more information on this sale, Highland or Edward Reid, contact Rebecca Mulder, Head of Brand & Marketing at [email protected].


Key Facts:

https://www.highlandproperty.com.au/property/1520795/8-close-street-south-coogee-nsw-2034/


Contact details:

Rebecca Mulder, Head of Brand & Marketing at [email protected].

More from this category

  • Government WA, Property Real Estate
  • 17/12/2025
  • 09:00
WA Alliance to End Homelessness (WAAEH)

NEW REPORT PROVIDES TARGET FOR SUPPORTIVE HOUSING AS EFFECTIVE SOLUTION TO THE CHRONIC HOMELESSNESS CRISIS IN WA

In an Australian first, a new report has estimated the scale of housing and support needed to address chronic homelessness in Perth and Bunbury. Supportive Housing Needs Assessment WA was commissioned by the WA Alliance to End Homelessness (WAAEH) to calculate the unmet need for Supportive Housing in Perth and Bunbury. Supportive Housing, such as the Common Ground model, combines the provision of stable housing with wrap-around supports for people experiencing chronic homelessness and complex challenges. The report sets out the number of homes required, the investment needed to deliver and sustain them, and the social and economic benefits of…

  • Property Real Estate
  • 16/12/2025
  • 09:15
Maple Property Group

Granny flats move from side hustle to serious yield

New rental data and planning reforms show granny flats have shifted from family accommodation into serious yield assets, with two bedroom secondary dwellings in Sydney and Melbourne now routinely earning investor grade income. According toFundd’s 2025 granny flat guide, typical two-bedroom granny flats in Sydney and Melbourne now rent for about $350 to $600 a week, pushing potential annual gross income into the $18,000 to $36,000 plus range depending on location and finish. In Victoria, planning reforms introduced in late 2023 andnow fully in effect allow “small second dwellings” of up to 60 sqm to be built without a planning…

  • Contains:
  • Political, Property Real Estate
  • 16/12/2025
  • 06:00
Everybody's Home

The long list of trade-offs Aussies now make just to stay housed

Reducing energy use is the most common sacrifice Australians are making to afford their rent or mortgage, while many are limiting driving, skipping meals and delaying medical appointments, a new national survey has exposed.Everybody’s Home’s report‘Breaking Point’captures the results of a survey of more than 1,100 Australians. Of those surveyed: Half (50%) reduced their energy use including heating and cooling in the past year to cope with housing costs, making it the most common sacrifice Many respondents avoided the doctor or appointments (42%), reduced driving (38%), relied on credit cards or ‘buy now pay later’ (30%), skipped meals (28%) and…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.