Artist Ursula Laverty lists Wahroonga home designed by Architect Sydney Ancher

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Jonathan Chancellor – The Daily Telegraph

I  Published in realestate.com.au  I   2 MIN READ  I  27/08/2020    

Artist Ursula Laverty, the widow of Peter Laverty, the former director of the Art Gallery of NSW has listed her Wahroonga home.

The four-bedroom home, set on a 2255 sqm Eastern Road block, was designed by the modernist architect, Sydney Ancher for the couple in 1952.

Offers for the home close September 4 with McGrath agents Amanda Robertson and James Sutton.  Their price guide is $3.5m to $3.85m.

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Bright interiors with art on the walls
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A studio is also on the block

 

There’s an artist’s studio on the block of the artist couple who met at Winchester School of Art in England. From 1952 to 1971, he held several positions at the National Art School, where he introduced photography as a course. From 1971 until 1977 he was at the Art Gallery of New South Wales.

“These were very enjoyable times in my life, but being a full-time painter is the most fulfilling of all,” he recalled a few years before his 2013 death.

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Inside one of the bedrooms

As newlyweds, Peter and Ursula moved into the house designed for them by their architect friend.

With a skillion roof, plenty of floor-to-ceiling windows and a large studio, it was on what had been an orchard.  There was a dairy over the back fence.

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Floor to ceiling windows

An old persimmon tree and the blossoms on pear and plum trees in springtime inspired some of Peter’s paintings.  All three children went to art school including daughter Fabia Tory, who published a memoir in 2016, A Book of Not Forgetting.

Australia’s Top 50 Suburbs for Capital Growth

Capital Growth

John McGrath

24/08/2020 | 3 MIN READ

CoreLogic has identified the Top 50 suburbs nationally for capital growth, in a new report released this month. 

The No 1 performer was apartments in Crows Nest, NSW, on Sydney’s Lower North Shore. The median apartment value had a spectacular rise over the year, up 29 per cent to $1,012,549.

Over the long term, apartment values rose 3.5 per cent over three years and 29.4 per cent over five years. 


At a Glance:

  • Crows Nest topped the list of growth suburbs with a 29 per cent growth
  • New infrastructure and close proximity to the Sydney CBD has helped make Crows Nest popular
  • In Victoria the popular suburb with a growth of 28.9 per cent is Bonbeach
  • Crows Nest is being revitalised with a new underground metro train station and a new shopping and café precinct above it.

Operational from 2024, the train link will give locals a direct 5 minute connection to Barangaroo, 4 minutes to Chatswood CBD and 7 minutes to Martin Place. 

The area is very popular with the younger demographic due to its location close to the city and its large, vibrant village with lots of shops, cafes and restaurants.

More than 60 per cent of Crows Nest’s residents are aged 20 to 49 years. The dominant household type is childless couples (52.6 per cent), who typically choose apartment living.  No wonder buyers see potential for growth! 

Along the rest of the East Coast, the No 1 performer in Victoria was houses in Bonbeach. Values rose 28.9 per cent to a median $1,010,710 over the year.

Historical growth was 6 per cent over three years and 42.4 per cent over five years. 

Bonbeach is popular with executive couples and families. What’s interesting here is that 43.8 per cent of the area’s housing is semis or terraces, which provide a lower entry price point for young couples whose budgets can’t stretch to freestanding houses. 

The No 1 performer in Queensland was houses in Hamilton. The median value increased by 22.2 per cent over the past 12 months to $1,451,092.

Growth over three years was 2.5 per cent and over five years it was 10.9 per cent.  Only 1 in 5 properties in Hamilton are freestanding houses, so competition is strong when quality homes come up for sale, especially if they are close to Brisbane River or have river views. 

The report ranked suburbs by their capital growth over the past 12 months (minimum 50 sales) but they also had to show good historical growth over three years and five years to make the list. 

Top 50 Performing Suburbs of Australia 

#1 Crows Nest, NSW (Apartments)

#2 Bonbeach, VIC (Houses)

#3 Carnegie, VIC (Houses)

#4 Templestowe Lower, VIC (Houses)

#5 Cammeray, NSW (Apartments)

#6 Mount Colah, NSW (Houses)

#7 Earlwood, NSW (Houses)

#8 North Bondi, NSW (Houses)

#9 Caulfield South, VIC (Houses)

#10 Bondi, NSW (Houses)

#11 Moonee Ponds, VIC (Houses)

#12 Narrabeen, NSW (Apartments)

#13 Kellyville, NSW (Houses)

#14 Thirroul, NSW (Houses)

#15 North Bondi, NSW (Apartments)

#16 Sale, VIC (Apartments)

#17 Cheltenham, VIC (Houses)

#18 Bulleen, VIC (Houses)

#19 Oak Park, VIC (Houses)

#20 Elsternwick, VIC (Houses)

#21 South Yarra, VIC (Houses)

#22 Murrumbeena, VIC (Houses)

#23 Queenscliff, NSW (Apartments)

#24 St Leonards, NSW (Apartments)

#25 Hunters Hill, NSW (Houses)

#26 Berala, NSW (Houses)

#27 Bentleigh East, VIC (Houses)

#28 Prospect Vale, TAS (Apartments)

#29 Mentone, VIC (Houses)

#30 Ringwood East, VIC (Apartments)

#31 Avalon Beach, NSW (Houses)

#32 Artarmon, NSW (Apartments)

#33 Forestville, NSW (Houses)

#34 Belrose, NSW (Houses)

#35 Willoughby, NSW (Houses)

#36 Belmore, NSW (Apartments)

#37 Lane Cove, NSW (Apartments)

#38 Bilgola Plateau, NSW (Houses)

#39 Portland, VIC (Houses)

#40 Richmond, VIC (Houses)

#41 Collaroy, NSW (Apartments)

#42 Bentleigh, VIC (Houses)

#43 Donvale, VIC (Apartments)

#44 Dural, NSW (Houses)

#45 Shepparton, VIC (Apartments)

#46 Unanderra, NSW (Houses)

#47 Collaroy Plateau, NSW (Houses)

#48 Naremburn, NSW (Apartments)

#49 Hamilton, QLD (Houses)

#50 Lindfield, NSW (Houses)

This report is a great tool for investors because it presents the best suburbs for growth over the long term.  Investors always want to buy in the next ‘hot spot’ because there’s greater chance of strong short term gains.

But you have to do a lot of research to identify those up-and-coming areas that are on the cusp of a growth spurt. The safer bet is to select suburbs with a history of steady, reliable growth over the long term.

If there are factors such as new infrastructure that are going to propel price growth even higher than historical averages, like there is in Australia’s best performing suburb, Crows Nest, that’s even better. 

The views expressed in this article are an opinion only and readers should rely on their independent advice in relation to such matters. 

This article originally appeared in The Real Estate Conversation (August 24, 2020)

Architecture and Post-Pandemic Style

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After deadly outbreaks, architects transform the places we live and work. Vanessa Chang writes, this time won’t be different.

I was inspired by Vanessa’s article and review of Modernist design – post pandemic that I challenged my architecture student son to think about how architects of his era will create new and enduring designs and environments for the future.   

By VANESSA CHANG

5 MIN READ

Outside grocery stores, neat yellow marks on concrete sidewalks compose masked shoppers into lines at 6-foot intervals. With most indoor gathering spaces closed, people have poured into outdoor ones like parks and beaches.

Public parks, the legacies of the 19th century movement to restore health to overcrowded industrial towns, promise refuge to urban dwellers otherwise confined in their own homes. The alarming spread of the novel coronavirus has rapidly reorganized our bodies in space, temporarily shrinking our spheres of movement. We’re staying put, but we’re suddenly living in different cities.

But before all of this, infectious disease had already moulded the places we live—through architecture, design, and urban planning—in enduring ways. Right now, the lockdowns on movement and social interaction are critical to keeping the coronavirus at bay.

These spatial interventions have a longer lineage, however, enshrined in the buildings that emerged from 20th century modernism. In the deadly wakes of cholera, tuberculosis, and flu pandemics, early 20th century architects saw design as a panacea to the sickness of overcrowded cities. Just as those scourges scarred and then reshaped cities, so will ours.

Few lives were untouched by the spread of infectious disease in the early 20th century.

The flu pandemic killed tens of millions from 1918–20. Six cholera pandemics in the 19th century alone laid waste to hundreds of thousands of lives. Between 1810 and 1815, aggravated by overcrowding and filthy living conditions, tuberculosis was the cause of more than 25 percent of deaths in New York City.

Robert Koch’s discovery of the contagious tubercle bacillus in 1882 gave rise to the sanatorium movement in Europe and the United States. Designed to house, treat, and isolate patients, these institutions emphasized strict hygiene and ample exposure to sunlight and air.

Before the development of medications for tuberculosis, its treatment was environmental. These clinical environments inspired the new modern architecture. As the Swiss architect Le Corbusier declared, “A house is only habitable when it is full of light and air.”

Architectural modernism—that is, the dominant mode of design from the 1920s to the 1970s—is often reduced to a set of principles affirming purity of form, strict geometries, modern materials, and a rejection of ornamentation. These principles responded to the ravages of war and disease that defined the first half of the 20th century. Like tuberculosis sanatoriums, the clean, smooth surfaces of the architecture of this era offered an anaesthetic to disease and trauma.

Modernist architects from Adolf Loos to Alvar Aalto designed these curative environments as cleansed—physically and symbolically—from disease and pollution. The Looshaus, a building with windows lacking “eyebrows” or adornment, embodied Loos’ minimalist ideology and scandalized Vienna with its austerity.

Le Corbusier urged people to strip their homes of needless clutter, eliminate carpets and heavy furniture, and keep the floors and walls clear. In 1925, he envisioned a spartan city where every home is whitewashed and “there are no more dirty, dark corners. Everything is shown as it is. Then comes inner cleanness.” His ultra-modernist Villa Savoye embodies this aesthetic. Painted clinical white, its living quarters are suspended on columns above the germ-ridden earth below.

Modernist furniture reflected these concerns as well. As the architectural historian Paul Overy writes in Light, Air, and Openness, dust lodged in decorative features was “an enemy of hygiene to be eradicated at all costs.” Minimalist designs replaced carved wood and upholstery, where bacilli-containing dust could linger and become vectors of disease. Instead, designers used lightweight, washable materials in streamlined forms. Michael Thonet used bentwood and cane, Aalto used bent plywood, and Marcel Breuer and Mies van der Rohe used tubular steel. Easily moved for cleaning, this furniture deprived dust and insects of hiding places in the dark.

By jettisoning decoration and disavowing clutter, these designers fought against dust and grime that could nestle in dusky corners. By the dawn of the 20th century, it was known that dried tuberculosis-carrying droplets could survive and remain infectious in household dust. The popular English catchphrase “30 years in the dark but 30 seconds in the sun” reinforced public awareness of this fact as well as the medicinal potency of sunlight.

Terraces, balconies, and flat roofs are common elements in modernist architecture, even in climates less suited to luxuriating outdoors. Beyond their aesthetic appeal, these features embodied modernist preoccupations with the healing effects of light, air, and nature.

Influential California modernist Richard Neutra, whose father died of the influenza in 1920, was obsessed with making sunlight and natural ventilation available in every habitable space. In his Corona school in Los Angeles, built in 1935, Neutra used telescoping glass walls to fluidly connect each classroom with the gardens outside.

The influence of these principles on architectural modernism crystallized in Alvar Aalto’s Paimio Sanatorium in Finland, built in 1933. The clinical aesthetic of the sanatorium achieved full expression in this monument to health, a landmark of international modernism.

He conceived of the entire building as a medical instrument. Aalto bridged inside and outside with sunning balconies on each floor and a rooftop sun deck where healthier patients could bask. Windowed rooms offered sweeping views of the forest outside, while walking trails led patients through the landscape.

These architectural features—terraces, flat roofs, and precisely designed interiors and furniture—served the pursuit of a therapeutic lifestyle, even as they expressed the design theories of functionality and rationality that are identified with modernism.

More than a remedy for a germ-addled world, its minimalist aesthetic manifested a deeper desire for transcendence. According to Dutch architect Jan Duiker, “This spiritual economy leads to the most appropriate construction, depending on the material used and evolves steadily towards dematerialization, spiritualization. … It is undoubtedly the intrinsic economy of the material that enables us to achieve more and to satisfy higher spiritual demands more truly than our forefathers were able to do.” At the same time, these designs embodied a philosophy that united moral, physical, and social well-being. Writing in City of Tomorrow, Le Corbusier said: “Hygiene and moral health depend on the lay-out of cities. Without hygiene and moral health, the social cell becomes atrophied.”

In our current health crisis, the truth of this statement has become painfully clear. Without early mitigation measures, some densely populated cities have proved to be particularly fertile breeding grounds for the novel coronavirus. For the moment, experts prescribe social distancing as a temporary, if prolonged, stopgap to a problem awaiting a medical solution.

Yet epidemics have long transformed our built environments—and social worlds. In the 1800s, Baron Haussmann’s vast renovation of Paris’ and London’s rebuilt infrastructure followed devastating cholera outbreaks.

Although the situation is still unfolding, already the COVID-19 pandemic is begetting new design theories. According to Architectural Digest, many designers and architects anticipate the broad implementation of automated touchless technologies—such as voice-activated elevators, hands-free light switches, and cell phone-controlled hotel room entry—in public spaces to mitigate against contagion.

As the sanatorium inspired modernist buildings, so too might construction elements from 21st century health care be appropriated for public space, such as ventilation systems to remove contaminated air. Like the modernists who rejected ornament in service of hygiene, contemporary designers are likely to utilize anti-bacterial materials in forms that can be easily sanitized.

Speculating on the impact of social distancing on urban design, some suggest that architects may design smaller venues and more open spaces to alleviate density. By increasing the number of security lanes and automating check-in procedures, redesigned airports could reduce congestion and ease passenger flow.

Depending on how productive remote work proves to be in this pandemic, virtual space may also hasten the decline of open offices. Already, co-working disrupter WeWork appears to be pivoting from shared desks to “buffer seating”—that is, the cubicle. Rather than a provisional fix, social distancing could become a design paradigm.

Vanessa Chang is a lecturer at California College of the Arts and lead curator with CODAME Art + Tech. She writes about technology, art, and culture.

Home values resilience in virus impacted economy

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JOHN MCGRATH

17/08/2020 | 3 MIN READ

“COVID-19 is testing us like we’ve never been tested before…”  Josh Frydenberg. 

Those are the words of the Federal Treasurer and it’s a sentiment shared by most Australians today. 

The health impact of the virus is bad enough, yet it is hopefully short term as the whole world races to develop a vaccine.

At a Glance:

  • The biggest economic threat to home values is rising unemployment as a steady income pays a mortgage
  • Unemployment rate was at 7.4 per cent in June
  • Job losses so far have been in industries dominated by renters
  • It’s the economic impact that will arguably be longer lasting. 

No matter what causes an economic slowdown, the biggest economic threat to home values is rising unemployment as a steady, reliable income is needed to qualify for a mortgage. 

Latest figures show unemployment was at 7.4 per cent in June, the highest level in more than two decades.

However, most job losses so far have been in industries largely dominated by renters.

That’s why we’ve seen a greater and more immediate impact on rental values.  

Ceased migration and an exodus of international students has also impacted rental demand, particularly in Melbourne and Sydney. 

Capital values have softened in cities with higher virus case numbers but that’s more to do with reduced consumer confidence than job losses.

Property values have gone up this year in cities less affected by COVID-19, such as Adelaide and Canberra; as well as many regional areas. 

Latest CoreLogic figures show home value dips of -2.1 per cent in Sydney, -3.2 per cent in Melbourne and -0.9 per cent in Brisbane over the three months to August, whilst Canberra gained 1.3 per cent and Adelaide 0.3 per cent.

Homeowners who have lost their jobs or had hours reduced have had many options to tide them over, such as mortgage deferrals, early withdrawal of super savings, JobKeeper and JobSeeker.

Modern technology has enabled millions of people to work from home, and this has kept a large part of the workforce employed.

You might be surprised to learn that property prices have actually gone up during periods of rising unemployment in the past.  How could that possibly be?

It’s because the first thing the RBA usually does when the economy is weakening is lower interest rates, which sparks interest in property.  

That option isn’t available this time, however borrowers can refinance, and a huge number have done so to improve cash flow and offset any reduction in income. 

For the time being, we are not seeing distressed listings nor an oversupply of homes for sale in the market, which is keeping prices relatively stable. 

We all wish there was a crystal ball to tell us what will happen with COVID-19 and how it might impact the property market and home values. 

For now, negative factors such as low consumer confidence, job losses or job insecurity and immigration on indefinite pause are somewhat mitigated by 2-3 per cent mortgage rates and a favourable supply/demand dynamic given very low levels of stock for sale nationwide.  

However, we can draw comfort from how Australian real estate has performed in past recessions or financial crises. 

Home values across the combined capital cities fell just -6.2% in the recession of 1989-91, according to CoreLogic data.

They fell by -7.6 per cent when the GFC hit and by -6.2% during the GFC fall-out over 2010-12. 

Property requires a long-term perspective and Australia’s big cities and prime regional markets have a magnificent history of strong recovery from adverse events and steady, reliable growth over time. 

 

The views expressed in this article are an opinion only and readers should rely on their independent advice in relation to such matters. 

 

This article originally appeared in The Real Estate Conversation (August 17, 2020)