Known as Belah House, the residence was re-listed in June with a trimmed guide of $28 million.
The luxurious Pittwater property is now heading to private auction with an $18 million guide, marking a staggering discount from its initial launch price, according to the Australian Financial Review .
Durie made the decision to sell as he and his family plan to move to their 30-hectare farm in the Northern Rivers region while the children are still young.
“This was to be our forever home, but unexpected door-knocks from potential buyers made us ask where we wanted to be right now,” he previously told Domain.
Durie purchased the Avalon property in 2015 for $2.275 million, before taking on a massive, years-long transformation.
Unveiled in 2025, the eco-driven residence features cascading gardens spilling down the steep waterfront block, earning it the affectionate local nickname the “hanging gardens of Avalon”.
Inside, the sprawling residence features a double-height living room, a sculptural spotted gum staircase, a wine cellar, a cinema and an infinity-edge pool.
There is also a wellness retreat with a gym, sauna, steam room and ice bath, while a rooftop garden offers sweeping views across Pittwater alongside a private jetty, deep-water frontage and a self-contained guest house.
“This is my life’s best work. I hope it goes to someone who understands it and is going to be its custodian. It’s a legacy house,” Durie said.
The property is listed with Ray White Double Bay’s Adam Reichman and Ashley Bierman, Sotheby’s Michael Pallier and McGrath’s James Baker.
189 Riverview Road, Avalon Beach NSW 2107
Reichman told the AFR the decision to lower the price guide and move to an auction campaign was designed to give buyers clarity and a firm deadline.
“Market conditions have shifted since we first launched and we’ve responded by adjusting both our pricing and strategy,” he said.
While Durie is preparing to leave Sydney for acreage up north, he does not plan to stay away permanently.
“There, the children are connected to the earth, growing their own veggies and looking after the chooks. But we will eventually return to the Northern Beaches – I love its sense of community,” he told Domain.
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