The exclusive enclave of Collaroy Basin where $20m trophy homes are predicted.

Collaroy is a laid-back northern beaches suburb with a quirky cinema, a Justin Hemmes watering hole and an exclusive beachside pocket where house prices have been jumping.

Prominent real estate agent Brendan Pomponio, of Belle Property Dee Why, predicts a $20 million trophy home sale for the Basin is on the horizon.

This is a big call considering the median house price for Collaroy, according to CoreLogic is $2.49 million, a figure that has only crept forward 1 per cent in 12 months.

However there is an enclave right beside the ocean, east of the main road, where some big hitters have been buying.

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SCHINDLER’S LIST HOUSE FOR SALE

One half of the double block in Beach Rd, Collaroy, right beside the sea.

Oil and gas millionaire Russell Staley paid $15.5 million for a double block on the beach and is now selling his cutting edge Peter Stutchbury-designed home in Beach Rd for a similar figure.

Mr Staley has said there is nowhere else in Sydney he would want to live.

And it seems other big names agree with him.

Football commentator Matty Johns and his wife Trish are believed to be looking for a property to renovate in Collaroy Basin and are also selling their finished project, a beautiful home with pool in Beach Rd.

Matty and Trish Johns are now selling in Collaroy Basin.

The trophy home in Beach Rd, Collaroy on the market.

Choreographer David Atkins, who was behind much of the dancing magic at the Sydney 2000 Olympics opening and closing ceremonies lives in Collaroy Basin. Other celebrities who live in Collaroy include television presenter Johanna Griggs and her family, Sea Eagles coach Des Hasler and his wife and radio host Wendy Harmer and her husband and teenage children.

According to Mr Pomponio, the beachside enclave of the Basin had an average sales price of $4.634 million last year, but has already seen that average jump almost ten per cent this year to a figure of $5,062,500.

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Late last month 7 Florence Ave sold for $7.1 million and 2 Florence Ave sold for $7.5 million.

“This coupled with strong buyer interest on 25 and 25a Beach Rd in the mid-to-high $7 million, proves the Basin is one of Sydney’s safest prestige real estate markets,” Mr Pomponio said.

A beach Rd property where there is strong interest in the mid-to-high $7 million range.

Two beachfront homes at 9 Florence Ave have buyer interest beyond $6 million and expressions of interest close for them later this month. Meanwhile a four-year old beachfront house in Ocean Grove is expected to come to market soon and that sold for $4.44 million six years ago.

“With plans afoot for the construction of two homes with a predicted build cost of $10 million plus homes in front row positions, it is no surprise the prestige market within the Basin continues to out perform the northern beaches prestige market. It is now recognised as one of Sydney’s most exclusive and tightly held pockets. It is fair to say $20 million-plus trophy homes are on the horizon for the Collaroy Basin,” he said.