As you can see from the list, the majority of trophy homes are found in New South Wales, which accounts for 9 of the 10 most expensive homes. Join Australia's Favourite Online Betting and Entertainment Website. And for the automobile collector, theres a pillarless 20-car garage. That record went to a nine-bedroom penthouse at One Sydney Harbour in Barangaroo, which sold for a whopping $140 million last year. Nine of the most expensive properties featured on realestate.com.au were in Sydney, while a Queensland waterfront pad in Mermaid Beach also made it onto the list when it sold for $22.6 million. Wide open living spaces all lead directly onto the water - not that you'd expect any less for eight figures. Other luxurious amenities include the lavish master suite, tennis court, resort-style pools and grand dining room with harbour view terraces. Also, it houses domestic houses situated at the lap pool and the rooftop lawn. What Are the Best Mulches for Hydrangeas? Theres a lot of potential to make this site something grand. Brandon-Richard Austin is a Toronto-based writer. Other major modifications would include expanding the beach club, extending the swim platform and adding hydraulic bathing steps, plus the addition of a state-of-the-art wellness centre with sauna, plunge pool, massage room and beauty salon. Altona is a Victorian Italianate-style mansion in Point Piper. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. Find out more about our policy and your choices, including how to opt-out. WebCBD Gummies and Sweets. It even has a Pagoda Boathouse deepwater berth. Fortunately, the mansion resides in a good area,making it one of the most sought-after houses in Australia. Featured Image Credit: Phillip Minnis, Shutterstock, Quality lighting is and has always been instrumental in the process of bringing different spaces to lifeand it all starts with the bulb. Theres also a deep water jetty, an entertainment level that features a kitchen and an indoor pool. It is believed that the front block has recently been subdivided off the property and sold for a whopping $19 million dollars. Despite the propertys name, it is now owned by Leon Kamenev, the co-founder of Menulog. The former family home of acclaimed restaurateur Shannon Bennet. . CoreLogics 2022 Best of the Best report revealed the most expensive houses sold this year, with Sydney properties dominating the list.. While these top 10 highest property sales make interesting reading, they Boasting views to Shark Island and the Manly skyline, the property has five bedrooms, a library, a home cinema with a wet bar and poolside kitchenette. It has five bedrooms, five bathrooms and three self-contained buildings. million, and over 550 houses sold over the $10 million mark. . Yes, this is ANOTHER property located at the infamous Wolseley Crescent, Point Piper. Image realestate.com.au. Fairwater, Point Piper, NSW Sold: September 2018 Vendor: Fairfax family Buyer: Tech billionaire Mike Cannon-Brookes Price: About $100 million The Point Piper estate, Fairwater. The home, known as Villa Veneto, has a fast speed lift drops into a two flat gallery and a beautiful courtyard where the main entry to the mansion is located. Another jaw-dropping result in Point Piper this year was for a luxury waterfront home commanding spectacular views from every inch of its expansive interiors and oversized outdoor spaces. 1. that sold in Australia in 2022. The kitchen is commercial grade with top of the range stainless steel appliances and its own butlers pantry. Last on our list of the most expensive houses in Australia, is Villa Igiea in Vaucluse. This luxurious Mediterranean mansion also made it to the list of the most expensive houses in Australia. Elaine. James Packer had the most expensive mansion priced at $70 million. It was a lavish abode that thecasino tycoon and his ex-wife Erika Baxter designed back in 2013. Joining this list is fellow Atlassian co-founder and billionaire Scott Farquhar, with yet another Fairfax family estate, Elaine. All rights reserved. And despite inflation woes, there are still a lot of people making a lot How Metropole can help you buy an investment property, Property investment in Australia for foreigners and expats, 1. An Australian man who grew up in housing commission and was kicked out of home has managed to turn things around, having built up a $1.8 million property portfolio. Prior to Farquhars purchase of the estate, it hadnt been renovated since 1950. 20 Wolseley Road, Point Piper, NSW $45M, The outlook for luxury property in Australia. The second most expensive mansion in Australia is the Ellison mansion in 3. The home spans three levels and was constructed over a thirty month period during the 1980s. We dismantled the spokes from the rim and removed the original plastic coating, replacing with A stunning design, a prime position and breathtaking views what more could you want? Whats best about this house is that it also hasa magicalview of the harbour. Last month, the landmark home was bought for $17.7 million. Toorak is one of the most-expensive suburbs in the country, with property researcher CoreLogic last year finding its median house value to be more than $4 million, the seventh-highest in Australia. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. It has six bedrooms and four bathrooms and an incredible infinity edged pool. WebWho owns all the land in Australia? However, there are likely to be some properties that dont make the list because their current value is unknown or because they havent sold or changed hands in recent years. The property is nestled on a quiet street in Toorak, but behind its tall hedgethe house boasts significant space for entertaining. au. This mansion located in Gladsworth Gardens Double Bay is comprised of six bedrooms, a champion-sized swimming pool, twenty-seater dining room, eight bathrooms, staff quarters, boat house and a jetty. The refit was rewarded with the Best Rebuilt Yacht trophy at the 2022 World Superyacht Awards. The house has a spectacular harbour bridge view, and beautifully designed grounds that have been used for lavish parties. By Set across 3345sqm, with views of Sydney Harbour, La Mer was sold to Dr Chau Chak Wing owner of Chinese property development company Kingold Group and features a glassed -in garden area, home gym, workout room, cinema with space or 20 people and a garage for 20 cars. Picture: realestate.com.au/sold. A four-bedroom house in Warrnambool was the most expensive sale reported in Warrnambool last week. Point Piper was a popular suburb with another harbourside mansion selling for $51 million in April, according to Core Logic. The property returned to the private market in 2006 and was sold for $33 million that same year. This eye-watering property sale wasnt for a grand home but a shed. The four level building, which is known as Edgewater, was divided into two separate apartments by its owners, the co-founders of womens fashion chain Katies, Joe Brender and the late Sam Moss. Howard Walker. The residential component of the tower sits on top of the new Crowne Plaza hotel, but an owners lift gives private access to homes above. According to a recent Ray White analysis, the pandemic-induced surge in property prices wasnt just restricted to houses in the high-end property market, units also sold in huge volumes to reach record highs too. In 2020, the overall ACT residential record was broken by the $8 million sale of 25 Mugga Way, Red Hill. The most expensive residential deal is a $140 million apartment atop Lendleases Residences One tower at Barangaroo, but that is a consolidation of two apartments, the penthouse and sub-penthouse. The luxury end of the housing sector still performed strongly, with the countrys third most expensive home snapped up in a Sydney suburb. According to Ray White senior economist Nerida Conisbee, the outlook for luxury property remains positive despite the general slowdown in the market currently occurring. All times AEST (GMT +10). By Picture: realestate.com.au/sold. property investing is a process, not an event. The person who holds the most land in this pastoral-lease data, by far, is the Western Australian mining magnate Gina Rinehart, who controls 9.2m hectares, or 1.2% of Australias landmass, through three different corporate entities.The biggest corporate landholder is the ASX-listed Australian Agricultural Company. With five bedrooms, four bathrooms, and a garage for six of the suavest sports cars, it transcends its smug surroundings. of money who will be looking to buy beautiful properties. There is quite a lot of expat buyers and that is keeping prices elevated and the reason that expats want to buy is Australia hasnt been so COVID affected as the rest of the world.. It features a big garage, able to fit four cars and a workshop space that can fit another car. The property changed hands in 2017, and if it had reached its original asking price, it would have been the most expensive property in Australia at the time. This Altona mansion was sold for $52 million back in 2013. Save my name, email, and website in this browser for the next time I comment. putting it ahead of nearby Point Piper with its $9.9 million median house WebThe deal ranks among Sydneys top 10 most expensive house sales of all time for a residence with private.. Australia One News Page: Friday, 28 April 2023 First Drive: Audi RS . Vaucluse, Sydney's east: $32.5million 4. Picture: realestate.com.au/sold. Sure there are fewer transactions occurring at the top end of the market at present, but its clear that, if anything, the slowdown in Australias property market has done nothing to stop Australias wealthiest people from spending just as much (or even more) on their trophy homes throughout the past year. Blair House is set on 7,800 sqm of botanic parklands in Tooraks premier boulevard. $1.8m Praga Bohema. Two waterfront properties in Vaucluse were sold for a total of $60 million, and it is the intention of the new owner to combine them into a single compound. But history will be made once the deal is settled. The vessel is listed for $295 million jointly with brokers Fraser and Burgess. The most expensive houses in Australia represent the very top of luxury real estate. It sold in 2009 for $57.5 million and probably has a higher value today. Picture: realestate.com.au/sold. Web7,091 likes, 306 comments - UNILAD (@unilad) on Instagram: "My heart bleeds The couple in question is former Real Housewives of Melbourne star Janet Ro" Topping the sales was the trophy home at 38A Wentworth Road in Vaucluse, which A Shanghai art collector purchased Portofino, with its breath-taking views of Sydney Harbour, in 2016, paying an impressive $60.66 million at the time. 17 St Georges Road, Toorak, VIC $65M. Towards the stern, theres the full-beam owners sun deck with sofas, lounges and a dining table for ten. At its closing price of $65.25 million, however, its still nothing to balk at. The impressive property sold for $45 million in April 2022 after being And it comes with four car parks in the basement and an 18-metre boat berth on the water below. The palatial limestone palazzo was once owned by Professor Leslie Wilkinson. Click here to learn more about we can help you. There are also five marble fireplaces and a separate granny flat. WebMost expensive Australian Silver coins. The purchase of both the two-storey penthouse and the sub-penthouse below of the Renzo Piano-designed building was said to be by a local who is expected to make the penthouse their home when completed in late 2023. WebMorning Star in Mount Eliza took out Victorias most expensive sale in 2020. This enormous waterfront mansion in a prestigious part of the Gold Coast is the epitome of modern grandeur and luxury. Rose Bays median house price sits at $5.8 million while Tooraks median Categories: Australia, Real Estate, World Tags: Residential Construction. 0422 224 554. 1. Its all just a stones throw from the famed Salamanca Markets and minutes from historic Battery Points plethora of cafes and restaurants. If the palatial home sold for its 2017 asking price of $80 million, it would have topped the list of most expensive houses in Australia. The markets are moving on, but not all properties are going to increase in value. In 2015, before the two previous entries on this list were sold, La Mer fetched $70 million in a private sale. Cannon-Brookes is the co-founder of the Australian tech company Atlassian. While real estate vendorKay &Burton would not confirm the final sale price, the palatial property was listed with an indicative price of between $40 and $44 million. An indoor pool with glassed roof is one of a number of luxe features. The original owner was reportedly Russian drilling industry tycoon Alexander Dzhaparidze, known for naming his superyachts after Beatles tunes. First shown in May 1927, the Austin Seven Swallow was adopted by the leading retailer Henlys, who ordered 500 and sold them at 175 a copy. Picture: realestate.com.au/sold. MP and Supreme Court Judge Augustus James had it built in 1904 for himself and his wife Altona. Featuring a pool, tennis court and lush gardens, the home is just minutes away from some of the best schools in the country. First stop! Toorak mansion sets Australian record for most expensive home sold at auction, Qantas chief executive Alan Joyce will retire in November after 15 years in the airline's top job, Follow our live blog for the latest from the Met Gala, Catch up with The Loop, your quick wrap of this morning's news, Keep up with the latest ASX and business news. 29-31 St Georges Road, Toorak, the highest price paid for a home in It also has garage space for up to 20 cars. The heritage home sits upon a grand hilltop block of 2400sqm, taking in views of the Melbourne CBD, Port Philip Bay and Macedon Ranges. The house was previously owned by entrepreneur Andrew Banks and his wife Andrea. Elaine, Point Piper, NSW Sold: April 2017 Vendor: Fairfax family Mr Lee has been an ecoresort and a road developer in Australia for 15 years. house price comes in at $5.3 million. Year 1911 - 1936. The Kangaroo Point property has fantastic vistas. Family history & genealogy. Thu 13th. All rights reserved. Opt Out of personalisation. It also has a separate self-contained servants quarters. The mansion will steal the record for being the most expensive housing amalgamation for a single buyer, with the new owner planning to convert it into one residence. 29-31 St Georges Road, Toorak, VIC $88M. Learn more. This listing actually comprises the sale of two Vaucluse waterfront residences for a combined $60 million. For relaxation, the owner can kick back in a huge private salon with comfy sofas, dining area, bar, and pool table. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered the Australian record for most expensive house sold at auction. Phoenix Acres is another stunning property in Vaucluse. Take a look at the top tier of the nations residential real estate and the most expensive properties sold. Picture: realestate.com.au/sold This sets a new record of the most expensive house in the world. However, some real estate agents have questioned the eligibility of the transfer of property since documentsrevealed that it was transferred at a price of $44 million. Copyright 2023 House Grail. parking for five cars and ducted air conditioning. Domain reported in 2017 that 29-31 St Georges Road was an unfinished It is a charming example of Tuscan-style architecture, located in close proximity to several other houses that have fetched sums within the tens of millions. Jeremy Taylor, By In 2020, the Wolseley Road property in Sydneys blue-ribbon locale of Point Piper sold for $95 million, becoming the second most expensive house sale on record. Photo: Sydneyimages.com Photo: Mark Merton/Sydneyimages.com 2. One of those is Victorias most expensive home, 47 Lansell Road. The main tender is a sleek, custom-built 34-foot limo built by Germanys Yachtwerft Meyer and painted in matching navy and white. It was Scott Farquhar, another tech billionaire, who purchased this property for $71 million in 2017. When you buy via links on our site, we may earn an affiliate commission at no cost to you. Picture: realestate.com.au/sold. past nine years. Accessed via private lift, it opens to a glass wall with built-in champagne storage. . "The casual family living room with open fireplace opens through steel framed doors to the covered outdoor terrace, garden and pool for year-round indoor-outdoor entertaining," the property's listing said. The exact figure on the sale will be left to settlement, with the home finally finding a new owner after three years on the market. James Packer had the most expensive mansion priced at $70 million. The fee is said to have bought the top three floors of the in-construction Tower 1 development of One Sydney Harbour at Barangaroo South. We are a membership based service that sources and displays the best value and potentially highest yielding Real Estate Investment opportunities in Australia. investment-grade properties and locations, you also need to remember that Finally, after relaunching your now re-imagined, better-than-new 89-metre world-girder, you cruise it for a year, then put it back on the market with a non-trivial $295 million price tag. 2585 Gracemere Circuit, Hope Island, Queensland, is listed for $16.8 million. Located at Mandalay in Wolseley Road, this house features a champion-sized swimming pool and car park. Are They Necessary. Situated right on the beach front with never-to-be-built-out harbour views, the home features five bedrooms and four bathrooms. Read Less, Your kitchen can say a surprising amount about you as a, Empowering First-Time Homebuyers: The Ultimate Budgeting Handbook Buying your first home, Top 4 Allergy Friendly Pets For Sensitive Families When someone in, If youre like most families, you probably struggle to find time, The Best Low Maintenance Dogs for People with Super Hectic Lives. Picture: realestate.com.au/sold. American Coins. Priced at $38 million, this mansion located at Double Bay was owned by Andrew Roberts, a former Multiplex head. A deal alleged to be worth more than $140 million is the countrys most expensive residence. This estate was later sold to a Chinese billionaire and businessman named Chau Chak Wing. Every product was carefully. Theres plenty of room to move inside too, with east and west wings housing bedrooms on one side and a master suite on the other, as well as multiple living areas, a home theatre, an office and a designer kitchen. Back in February, it was snapped up for $24 million setting a new suburb price record at the time. The Elaine estate in Point Piper, New South Wales is another home recently sold off by the Fairfax family. The architect-designed home is something special. Edgewater. The property, known as Edgewater has a rare 40-metre harbour frontage, directly in front of the Harbour Bridge and Sydney Opera House. This Supersized Superyacht Is Ready For A New Owner After A World Tour. The home is one of just three with direct waterfront access in the exclusive Wingadal Place neighbourhood. CBD gummies and sweets are the tastiest way to conveniently consume your daily CBD, hands down! Re-done in 2008, the huge home is situated on "park-like" grounds and features six bedrooms and seven bathrooms. Created by architect Espie Dods, the home was made available on the market for the first time in over 35 years. Web7,091 likes, 306 comments - UNILAD (@unilad) on Instagram: "My heart bleeds The couple in question is former Real Housewives of Melbourne star Janet Ro" The house was sold to Malaysian-born billionaire and tycoon Huang Lee Seng and his wife, Yeoh Pei Chee. Currently, the owner is involved in providing food and clothes for the homeless people in Sydney in conjunction with a charitable organisation in Sydney. Subscribe to Forbes Australia for full access to this and all articles today. Prominent corporate lawyer John Landerer has sold his Vaucluse home Ganeden. Ivan Ritossa, Barclays capital expatriate global head, and his wife Marina own the $45 million glorious mansion located in Altona, Sydney. All rights reserved. You can build the most beautiful and magnificent home in the middle of nowhere and you wont achieve the pricing that you do if you build in inner Sydney on the waterfront thats where you get these incredible prices.. Nickels 7787 Shield 192 Liberty 915 Buffalo 2553 Jefferson 4127. Situated in the blue-chip enclave of Mosman, 31 Stanley Avenue became the sixth-most expensive property of 2022 with a sale price of $33 million. High end buyers seeking a safe haven from the pandemic sought out mansions in some of the nations most exclusive postcodes. Fairwater, Point Piper, NSW Sold: September 2018 Vendor: Fairfax family Buyer: Tech billionaire Mike Cannon-Brookes Sitting on a 1973sqm deep waterfront block in the prestigious eastern suburb of Point Piper, 29A Wunulla Road was pitched as a place with extraordinary potential. Altona was built in 1904 by Supreme Court Judge Augustus James for his wife, Altona. arent necessarily the suburbs I would recommend investing in. WebHouse for Sale - 4 bedrooms, 2 bathrooms & 2 car spaces, Check recent sales near 31 Thackeray Drive, Warrnambool, VIC 3280. . A five-bedroom, six-bathroom house in Applecross, south of the river, became the most expensive house sold in Perth in 2018. The compound is now owned by Menulog co-founder Leon Kamenev. Powering the yacht is a pair of 2237 Nm (3000 horsepower) Caterpillar diesels which deliver a top speed of 17.5 knots, a 13.5-knot cruise speed and range of over 18,520km at 10 knots. Australian superyacht owners aiding Great Barrier Reef. Former Australian Prime Minister Malcolm Turnbull reportedly lived a few doors down from the property as of 2016. The person who holds the most land in this pastoral-lease data, by far, is the Western Australian mining magnate Gina Rinehart, who controls 9.2m hectares, or 1.2% of Australias landmass, through three different corporate entities.The biggest corporate landholder is the ASX-listed Australian Agricultural Company. On track Aston Martin Valkyrie. In 2007, it was knownas the shopping centre scion. . New owners James and Erica Parker bought the original property as well as two neighboring houses before tearing down the other two homes and having the original extended. In 2018, it saw its most recent sale, which fetched a record-setting sum for the state of Victoria. We strongly recommend that you obtain independent advice before you act on the content. View Gallery. We love you so much here in Stay at Home Mumthat we are giving you the 10 most expensive houses in Australia. It took more than four years before the final draft is done with more than 600 blueprints wasted. WebThe most expensive Penny Black was sold by Stanley Gibbons and features rare T L lettering and a fragment of the sheet inscription. Australias top 10 house sales 1. It was previously owned by Rene Rivkin, who sold it to businessman Ben Tilley in 2004 for $16.15 million. Darling Point has the highest median house price of $10.35 million, T he following nine top sales of 2020 each sold for between $3.6 million and $4.3 million, meaning last years top 10 most expensive properties sold for an overall $43,451,000. The 10 Most Expensive Houses in Australia 1. The mansion was sold to Jerry Qiu Yafu who is the owner of a Chinese textile company, Shandong Ruyi Science and Technology. Picture: realestate.com.au/buy. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered theAustralian record for most expensive house sold at auction. The property at 7A Old Coast Road sold for $2. It was intended to be Packers marital home, however, his wife (now ex-wife) Erica Baxter was not a fan of the house, saying that it was like living in a shopping centre. One of Melbournes finest heritage homes sold this year. The Ellison Mansion, Mosman Park, WA. WebVaucluse home now Australia's sixth most expensive after $62 million sale. But there were more people searching for properties above the $10 million mark probably because we were all stuck at home and luxury homes are a nice distraction, says realestate.com.au chief economist Nerida Conisbee. The largest single-dwelling sales of the calendar year. Built in 1867, Trawalla is one of Melbournes finest Victorian-era mansions. Sign In. The trophy-home market is considered any residential property that sells for $40 million or more. The eighth-highest selling property of the year, this home is known for its innovative use of concrete.