Rainham, the ancestral residence of leading Australian real estate family the Raines, fetched $500,000 at its recent auction.
The Bathurst property sold to musical couple Richard and Suzy Miller, from Stanmore in Sydney. The couple also own a weekender at Rockley, an old parsonage purchased in 1972 that will shortly be put on the market.
Rainham was built in 1832 by Captain Thomas Raine, the father of Thomas Jnr, who co-founded Raine & Horne with Joseph Horne in 1883.
Captain Raine, a mariner, was one of Australia’s earliest entrepreneurs, establishing Australia’s first whaling station at Twofold Bay in Eden on the NSW south coast.
“The listing of Rainham for the first time in 150 years generated a great deal of publicity and buyer enquiry, and it’s terrific this significant home sold at auction,” says selling agent John Fagan.
Fagan, from selling agency Raine & Horne Bathurst, says Rainham attracted 60 to 70 enquiries and about 30 inspections.
Richard Miller plays the timpani in the Sydney Symphony Orchestra, and Suzy Miller is a retired flute player who now teaches.