One-time oldest living Olympian’s harbourside home on offer for $9m

November 15, 2026 — 5:00am

The Cammeray home of the late Gordon Ingate, who at the age of 100 was Australia’s oldest living Olympian, has been offered to the market with a price guide of $9 million.

Ingate, a sailor, passed away in April this year. He competed for Australia at the 1972 Olympics in Munich, won the Australian Championships Dragon Class title four times, including his last title at age 94, and came second in the 1972 Sydney to Hobart Yacht Race.

The three-level, four-bedroom, three-bathroom house in a harbourside enclave of Sydney is on the market for the first time in more than 70 years.

Interiors feature expansive glass to capture views from Tunks Park to Beauty Point, an exposed brick wall and a neutral palette. There are balconies and terraces, a lower-level retreat that leads to a terrace and pool, and a private jetty.

Ingate celebrated his 100th birthday at the end of March and discussed his career and life with this masthead earlier this year. His activities included playing croquet and running a farm on the NSW Mid North Coast.

In 2016, Ingate received a Medal of the Order of Australia for services to sailing and in 2020, he received the Australian Sailing Lifetime Achievement Award.

An auction has been scheduled for November. Matthew Smythe, Gemma Simons and Gavin Lee of Belle Property Lower North Shore Group are selling Ingate’s home.

Vineyard estate served to the market

Billionaire hotelier Sam Arnaout has put his vineyard estate in Belford in the Hunter Valley on the market and local sources have revealed the price guide is $25 million.

Arnaout is the founder and chief executive officer of Iris Capital, a development and hospitality group, and his estimated wealth is $3.47 billion according to The Australian Financial Review’s 2026 Rich List.

Records show Arnaout bought the estate – which is on about 48 hectares and comes with eight bedrooms and 11 bathrooms – from property developer Duncan Hardie in 2016. The sale was part of a broader property deal between Arnaout and Hardie.

As previously reported by this masthead, the estate was more than a decade under construction following Hardie’s purchase of the land in 1997, and designed in the style of a historic European villa, with interlocking wings and a gatehouse.

Interiors feature vaulted ceilings, French parquetry and antique fixtures sourced from Europe. There are Juliet balconies, a fountain courtyard, about 16 hectares of vineyards, dams and an olive grove.

Bonus additions are the day spa, plunge pool and wine cellar.

TRG’s Gavin Rubinstein is selling the estate and declined to comment on any aspect of the listing when contacted by this masthead.

Banking exec cashes in

Andrew Palmer, an international banking executive and portfolio manager at Merkle Tree Capital, and his wife Susan have sold their Bronte home for about $20 million, local sources say.

A sold sticker went up on the listing for the property, indicating a sale in November with the price withheld. It will be left to settlement to reveal the exact sale price and buyer’s identity, as the listing agents were tight-lipped when contacted.

Records show the couple bought the existing dwelling on the site for $4.75 million in 2004, and lodged plans with council the following year for its demolition and the construction of a new two-storey abode with a double garage and pool.

Corben Architects were enlisted for the new build – a five-bedroom, four-bathroom house with a Caesarstone kitchen, lower-level rumpus and entertainment area, wraparound terrace, infinity-edge pool, alfresco pavilion, outdoor bar and kitchen.

Bronte’s current house price record was set in 2023 when a six-bedroom, four-bathroom home sold for $29.25 million. AirTree Ventures co-founder Craig Blair and his wife Melanie Caffrey, paid the sum to Darien Jagger, co-founder of boutique investment firm Cygnet Capital, and his wife Katie.

The Palmer residence was sold by Alexander Phillips and Thomas Fuller of Ray White Phillips & Co, alongside James Ball, Maclay Longhurst and Clint Ballard of Sydney Sotheby’s International Realty.

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