ronan keating and his wife Storm have bought a secluded Tamarama property for $6. 3 million, adding a pedestrian-only rainforest site known as Waterfall House to their collection of homes.
What Happens Next for Waterfall House?
Waterfall House sits on a 417-square-metre sloping site and combines a three-bedroom 1920s residence with a two-bedroom apartment. The property can only be reached on foot: two forest walkways from neighbouring streets provide the only access, and it is one of only a handful of homes in the area with direct pathway access to Tamarama Beach. The couple bought the property as an investment and plan to rent it out when they are not living in the Harbour City.
- Site: 417 square metres, sloping
- Buildings: three-bedroom 1920s house + two-bedroom apartment
- Access: pedestrian only two forest walkways; no car access
- Beach connection: direct pathway access to Tamarama Beach
- Price history: previously sold for $1. 73 million in 2010 to filmmaker David Klaiber and his then-wife Michaela, who was the vendor in this transaction
What If Ronan Keating and Storm Rent the Home?
If the couple follow through on plans to rent the property when not in the city, the pedestrian-only access will shape the rental market for the home. The unique entry—no car access and forest pathways—creates a different tenant profile and operational considerations. Management and access logistics will be important given the access constraints, while proximity to Tamarama Beach and the dual-dwelling configuration offer appeal for short-term or lifestyle-focused tenants.
What Happens to the Couple’s Broader Property Strategy?
The purchase fits a pattern in the couple’s holdings. They hold properties in Dublin and Dubai and moved in 2023 into an eco-mansion in Hertfordshire after a nine-year build that was described by the owner as their last house move ever. Before this acquisition they had been renting in Sydney’s eastern suburbs, paying $7, 500 per week for a $16 million Bronte home. The Tamarama purchase was facilitated by buyer’s agents Zoe Tack and Leon Jacques from Aurum Advisory and was sold by Alex Phillips of PPD.
ronan keating’s addition of Waterfall House amplifies a geographically diverse portfolio that now includes the pedestrian-only Tamarama site. The transaction preserves the property’s unusual access arrangement and its direct connection to Tamarama Beach, while transferring ownership from the previous vendor, Michaela, and reflecting the asset’s earlier 2010 sale to David Klaiber for $1. 73 million.
Uncertainties remain around the timing and terms of any rental program and the operational approach the buyers will take given the site’s access limitations. Observers should expect planning and management decisions to prioritize the property’s environmental setting and pedestrian access when listings or tenancy arrangements are announced.
