The former Australian cricket champion turned commentator Michael Slater and his yoga teacher wife Jo have secured around $5.5 million for their two-level Newport home overlooking Bungan Beach.
It was bought in 2013 for $3.1 million when they moved from Avalon Beach. Perched on the escarpment, the home features headland-to-headland views.
Slater, who played international cricket from 1993 to 2001, had it listed through David Edwards at L J Hooker.
Newport’s median house price sits at $1,850,000 which, based on five years of sales, reflects a 5.6 per cent compound growth rate, according to realestate.com.au.
The year’s top sale has been $8.9 million on Pittwater when Pandora Jewellery founder Karin Adcock sold to Elizabeth Fang-Xu Dai, who heads the medical device manufacturer Beijing Demax.