Car thefts at Point Piper: VW Golf stolen in Wolseley Crescent, one of Australia's swankiest streets
- At least two cars stolen in Point Piper
- One incident took place in the presence of the police
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One of Australia's most expensive suburbs was rocked by an early morning car theft witnessed by both the shocked owner and police.
Police carried out patrols in Wolseley Crescent near Point Piper, in Sydney's eastern suburbs, shortly before 4am on Thursday.
Officers spotted an abandoned black Ford utility with the engine still running.
While police were investigating the abandoned vehicle, officers spotted a blue VW Golf leaving a nearby driveway.
A resident ran out of the home and alerted police that their car had just been stolen.
The upscale Sydney suburb of Point Piper (pictured) was hit by several car thefts overnight
“When police attempted to stop the VW it failed to stop and a pursuit commenced, but this was ended a short time later due to safety concerns,” a NSW Police spokeswoman confirmed.
A shocked resident told Daily Mail Australia they woke up to find a large presence on the street considered one of Australia's swankiest.
The major show of force by officers came in response to reports that several vehicles had been stolen from a number of homes.
An investigation was launched and following further investigation, another resident on nearby Wentworth Street reported that their vehicle had also been stolen overnight.
The police are investigating whether the two robberies are related.
Police are urging anyone with information, CCTV or dashcam relating to any of the incidents to contact Crime Stoppers on 1800 333 000.
Wolseley Crescent is considered one of Australia's best streets with breathtaking waterfront mansions bordering Sydney Harbor with world-class views and selling for up to $38 million.
One of the thefts took place in the presence of police who were patrolling Wolseley Crescent at the time
Police have launched an investigation into the thefts that shook the upscale neighborhood on Thursday
It was once among the top 10 most expensive streets in the world with a price of $38,900 per square meter.
Point Piper has long been considered Australia's most expensive suburb.
Residents include former Prime Minister Malcolm Turnbull and his wife Lucy, Westfield chairman Frank Lowy and Hungry Jacks owner Jack Cowin.