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Newcastle Herald
Newcastle Herald
National
Jade Lazarevic

Meet the two agents selling Newcastle's most expensive real estate

Salt Property director and sales agent Lyndall Allan has sold three of the most expensive homes in Newcastle this year, including 9 Janet Street in Merewether for $6.11 million. Picture Jonathan Carroll.

SEVEN high-end sales across Newcastle in Merewether, The Junction, Bar Beach and The Hill have all topped the $5 million mark this year.

The two agents behind Newcastle's biggest sales of 2023 are Lyndall Allan, from Salt Property, and Presence Real Estate listing agent Natalie Tonks who, collectively, have sold just over $187 million in property since January with their sales teams.

It's big money and shows how far Newcastle's real estate landscape has shifted since property prices hit an all-time high after the onset of the Covid-19 pandemic.

Presence Real Estate sales agent Natalie Tonks has had five sales this year that have each topped the $5 million mark, with her team's total sales exceeding $77 million in 2023. Picture Jonathan Carroll.

Luxury homes in sought-after locations across Newcastle are increasingly transacting for significant prices that were once only reserved for properties in capital cities.

"Newcastle changed dramatically with the pandemic," Ms Allan said.

"I think a big reason for that was the huge influx we saw from Sydney, from Canberra and from Melbourne.

"People wanted the lifestyle that Newcastle offers without the crazy hustle and bustle of places like Sydney and more affordability as well.

"Having the hospital and the airport and the university really puts Newcastle on the map and if you combine that with the most incredible beaches and our food culture, it's got everything that everyone would want."

Lyndall Allan listed 8 Berner Street, Merewether which sold for $11,050,000 in July. Picture supplied

Since launching her real estate business last year, Lyndall Allan has achieved two suburb record sales in The Junction and Merewether.

Three of her listings have secured $5 million-plus sales, including a luxury beach house overlooking Dixon Park at 8 Berner Street that sold for $11,050,000 in July.

It not only became the most expensive home in Merewether but also broke the Newcastle region's record for a residential sale.

Salt Property's listing at 87 Bruce Street, The Junction smashed the suburb record for a residential sale by more than $1 million when it sold for $5.77 million in September. Picture supplied

Last month, Ms Allan's listing of an ultra-modern home at 87 Bruce Street in The Junction smashed the suburb record by more than $1 million.

The property, which had a teppanyaki bar and more than $100,000 worth of Gaggenau kitchen appliances, sold ahead of its scheduled auction for a recording-breaking $5.77 million.

She scored another $5 million-plus sale last month when 9 Janet Street in Merewether sold for $6.11 million.

Lyndall Allan sold this luxury home at 9 Janet Street in Merewether for $6.11 million last month. Picture supplied

The run of high-end sales has taken Salt Property's combined sales to $110 million since January.

After starting her career in real estate in Sydney at 19, she moved to Newcastle in 2006 after being drawn to the lifestyle and affordability the city offered.

She spent 16 years with Robinson Property before taking the plunge in 2022 to build her own business, Salt Property.

Salt Property has listed this historic Merewether mansion at 21 Hillcrest Road for sale with a guide of $8.9 million to $9.7 million. Picture supplied

Her current listings include a historic home on 2223 square metres overlooking Merewether at 21 Hillcrest Road which is listed with a guide of $8.9 million to $9.7 million.

Salt Property is also set to take a beachside home at 18 Wrightson Avenue in Bar Beach to auction with a $4.6 million guide.

She said the success since establishing her own real estate company had "certainly blown any expectations out of the water" and the record sales were her proudest achievements.

The view from Salt Property's listing at 18 Wrightson Avenue in Bar Beach which is set to go to auction with a $4.6 million guide. Picture supplied

"Selling the home at Berner Street broke the record not only in the region but it was also the highest sale in Australia that week, so to break the record under a brand I created and in a new business was something that I was incredibly grateful for," she said.

"To then be notified that it was the highest sale in the country that week was definitely a career highlight."

Real estate is a long-held passion for Ms Allan who has raised three kids while building her career.

Lyndall Allan inside the Merewether home on Janet Street that sold for $6.11 million last month. Picture supplied

"I love that every day is different, I love meeting new people and I never get tired of looking at properties and being part of people's journey," she said.

"It is a huge privilege to represent people on the sale of their property and also trying to find new homes for people.

"It's something that, all these years later, I still get a buzz out of. I really love doing it."

Natalie Tonks at one of her newest property listings overlooking Bar Beach at 2 Bar Beach Avenue, Bar Beach. Picture Jonathan Carroll

Presence Real Estate's Natalie Tonks has no shortage of top sales under her belt, including 21 street records.

Since jumping from hairdressing to selling property five years ago, she has sold some of the most prestigious homes in the Newcastle area.

Working alongside Paula Ashcroft in her team, Ms Tonks' total property sales this year sit at just over $77 million.

3 Berner Street, Merewether. Picture supplied

Her biggest result this year was the sale of a luxury property at 3 Berner Street in Merewether that sold within its guide of $8 million.

Other big sales so far this year include 17 Livingstone Street in Merewether and 19 Curry Street which each sold for more than $5 million.

She also sold 38 The Terrace at The Hill for more than $5 million in March and secured a $4.375 million sale for a historic home at 112 Bear Beach Avenue at The Junction in September.

Natalie Tonks sold this luxury home at 17 Livingstone Street in Merewether last month. Picture supplied

This week, she listed an art deco home facing Bar Beach that is also expected to top the $5 million mark.

Her move into selling homes came after 26 years in the hairdressing industry during which time she owned and operated businesses in Hamilton.

"I started hairdressing so young, I was 15, but I had always had an interest in property," Ms Tonks said.

In March, Natalie Tonks sold this home at 19 Curry Street in Merewether for more than $5 million. Picture supplied

"I had two salons and then I got married and had two children, so when my son finished the HSC I decided that I wanted to sell the business.

"One night I said to my husband, 'Right, I really want to give this real estate thing a crack' and he said 'Well, you've got my blessing'.

Her first big sale came two years into her career when she sold the Art Deco Spanish home 'Stella Maris' at 68 Memorial Drive for $5.22 million.

Natalie Tonks' first big sale came in 2020 when 'Stella Maris' in Bar Beach sold for $5.22 million. Picture supplied

She believes her success in the property industry partly stemmed from the relationships she has formed in the Newcastle community over the years.

"My husband and I both have a big cross-section of friends and I have been born and bred in Newcastle, so it's a lot of connections and word of mouth," she said.

"I also love helping people and that side of it is so rewarding."

She officially started her own sales team two years ago and hopes that her success encourages more women to consider a career in real estate.

"I hope that I can appeal to girls who want to get into property," she said.

"I've only had my team for two years as a stand-alone agent and I am really proud of how well I've gone in such a short amount of time.

"I started my career change later in life and we have had 21 street records in the last two years, so that is an achievement in itself."

- Readers can now subscribe to Australian Community Media's free weekly Newcastle Herald property newsletter.

The newsletter will keep you informed about what's currently making headlines in the region's real estate market and beyond.

To sign up, click here, scroll down, enter your details, click the 'property' box and then click 'subscribe'.

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