Agent on track for a $100m sales month

This prestige property agent on Sydney’s Lower North Shore has racked up more than $92m worth of sales so far this month and is tipping he will pass $100m before November is out.

November has been kind to prestige property agent Michael Coombs, of Atlas by LJ Hooker Lower North Shore.

In the first three weeks of the month his Michael Coombs Team has sold an eye-watering $92,630,000 worth of property.

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While most of it is on the north shore, his team also set a new suburb record in the northern beaches suburb of Seaforth, selling 7 Laura St, reportedly for about $17m.

Mr Coombs says he is on track to surpass $100m worth of sales before the month is out – the biggest monthly haul in his entire career.

“It’s been huge,” he says.

“Normally we’re busy right through spring but I think we’re kind of jamming spring into November.”

Christine Mikhael, chief performance officer for LJ Hooker Group, said it was an outstanding result.

“Michael’s outstanding result is evidence of his unwavering commitment to his clients; always securing strong results for his sellers and marrying that with what is often a dream home for his buyers,” she said.

“This is culminating in a record period for Atlas. We’re looking forward to carrying this momentum into 2022 and beyond.”

Among the other sales, which include two hush-hush off-market deals collectively believed to be worth close to $27.5m, Mr Coombs sold a modern Mosman trophy home set in a prime spot above Chinamans Beach.

Mr Coombs wouldn’t reveal the sale price, however industry sources report it was around $16m.

The home, at 31 Fairfax Rd, was designed by award-winning Sydney architect Ian Moore to make the most of the epic views over Middle Harbour and beyond. All three levels are orientated towards full-width balconies that make almost every room of the house an indoor/outdoor zone.

The home is brimming with fun features, including a downstairs family room that could be repurposed as a poolside cabana, home cinema or games room; a level lawn and landscaped gardens; and even a mini golf putting green.

The designer home has a host of high-end inclusions such as a lift to all levels, bespoke American oak joinery, heated travertine floors, louvred windows, a wine cellar, ducted airconditioning and a Jetmaster fireplace.

Mr Coombs says he launched the property during lockdown, and while there were plenty of potential buyers looking, it wasn’t until Covid restrictions ended and agents were free to run open homes and auctions that the offers started coming in.

“When things opened up we had a lot of people looking at who really wanted it,” he says.

Mr Coombs says he believes the market will remain strong, however many buyers and sellers are planning to make the most of the return to travel and take a holiday from early December into the new year.

“People want to get out and enjoy life a bit – it’s been a hard year,” he says.

Mr Coombs is tipping the market will be back stronger than ever after the Australia Day long weekend.


Originally published as Agent Michael Coombs, of Atlas by LJ Hooker Lower North Shore, on track for a $100m sales month

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