Australian cricket captain Pat Cummins and his wife, Rebecca, have successfully sold their long-held investment property in Moss Vale, New South Wales. The couple finalized the sale of their 1920s Californian bungalow for approximately $1.16 million (around ₹10.93 crore) after an eight-month effort to find a buyer.
A Profitable Real Estate Venture
Cummins and Rebecca initially acquired the Southern Highlands home in 2017 for $905,000 (roughly ₹8.5 crore). Following the recent sale, the property has delivered an estimated gross gain of about $255,000 (approximately ₹2.4 crore) over their holding period. This figure is before accounting for transaction costs, stamp duty, renovation expenses, and any tax implications.
The three-bedroom bungalow was listed in March with a price guide between $1.25 million and $1.295 million. While no official sale price has been publicly disclosed, the property was marked as sold by private treaty on November 3.
Property Details and Future Plans
The character-filled bungalow sits on a substantial 2,327-square-meter block in Moss Vale. It retains much of its original period charm, featuring turpentine and cypress pine timber details. The property also includes practical amenities such as a vegetable patch, a chicken yard, and a double garage.
Sources indicate that Cummins had once considered the Moss Vale home a potential retirement property. However, the couple ultimately decided to sell it, listing it earlier this year.
The sale coincides with Cummins and Rebecca, an interior designer, preparing for a significant renovation of their $16 million heritage home in Bronte, Sydney. They have lodged development plans with Waverley Council for a restoration project that includes a steel-and-glass link bridge to a new addition, along with extensive landscaping and a swimming pool. To expand the site for this ambitious project, the couple also purchased an adjoining two-bedroom semi-detached house behind their Bronte mansion off-market in January for an estimated $4.5 million to $4.8 million. The proceeds from the Moss Vale sale may help fund these substantial renovations and further consolidate their property holdings in the affluent Sydney suburb.