As new forms of luxury real estate and old-world mansions continue to draw intrigue from the international and local buyers alike, here, weve compiled the most expensive residential sales in Australian history. PRICE $85,000 STATUS Available now. The villa seats on 1,891 square metres of land and has a fully equipped gym, wine cellars, sauna, and spectacular views of the Sydney Opera House. Picture: realestate.com.au/sold. Picture: realestate.com.au/sold. A considered restoration has embraced the original features, from the grand double staircase with stained glass windows to column-flanked verandas and immense reception rooms. Car importer Neville Chrichton sold the property at 3 Wingadal Place to Shanghai art collector Andy Song for $60.66 million in 2016. WebModern Homestead on 78. We love to flip through mags that flaunt wealthy peoplesextravagant spending on their designer homes and they dont bother selling it after. Quite the difference from the vast sums these luxury estates command today, even when adjusted for inflation.The property comprises three buildings. the end of the process. CBD gummies and sweets are the tastiest way to conveniently consume your daily CBD, hands down! 3 Lindsay Avenue, Darling Point NSW $63-67M, 4. 01534864073. apartment was Australia's most expensive property investing is a process, not an event. CoreLogics 2022 Best of the Best report revealed the most expensive houses sold this year, with Sydney properties dominating the list.. Australia . Most Expensive Houses in Australia The home occupies a full floor of the Thornton building, and the modern design mixes oak timber herringbone floors, Noceto Striato natural stone and white gallery walls. The most expensive homes sold in Australia in 2022 1. With the sale of the 1.12-hectare estate (the largest privately held property on Sydney Harbour), exchanging in just over two weeks for $100 million. The Future of Project Management for Residential & Commercial Construction, Taking a Modern Approach to Mental and Physical Safety in Construction, Cover Your A$$: Real Time Quality Assurance at the Job Site, Seven Key Steps to Help Achieve Sustainability Goals in Construction, Transforming the Industry: How to Digitally and Culturally Make a Change. most expensive house in Australia . A stunning luxury property of proportion and immediate appeal from the architectural design team behind Bondi Icebergs. Re-done in 2008, the huge home is situated on "park-like" grounds and features six bedrooms and seven bathrooms. Point Piper, Sydney's east: $51million 2. million, and over 550 houses sold over the $10 million mark. Prominent corporate lawyer John Landerer has sold his Vaucluse home Ganeden. A sub penthouse in Adelaides tallest building offered a rare opportunity for buyers in the local market to secure something special. Whether youre looking for something to aspire to or are curious about the state of the Australian trophy-home market when compared to other countries around the world, you can view 10 of the most expensive homes in Australia below. Austin 7 wheels. - karlwn.zughundezentrum-oberpfalz.de Jody Allen is the founder of Stay at Home Mum. Without a doubt, one of the standout features is the truly massive, full-deck owners suite. It also has an amazing remote controlled billiards table. This Altona mansion was sold for $52 million back in 2013. The property fetched a whopping $38.5 million in March. This estate was later sold to a Chinese billionaire and businessman named Chau Chak Wing. Here are five of the most expensive homes that have traded hands during the pandemic. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. 17 St Georges Road, Toorak, VIC $65M, 3. The monochromatic styling throughout is of a high standard. Picture: realestate.com.au/buy. Inside Australia's top 10 most expensive property sales of 2022. The compound is now owned by Menulog co-founder Leon Kamenev. According to Domain, at the time of the sale it represented the highest sum paid for a compound with the intention of amalgamation. The home has an incredible 55 metres of waterfront. The most expensive houses in Australia represent the very top of luxury real estate. This seven-bedroom property isnt on the waterfront, but it does still have views of the iconic Sydney Harbour Bridge and Opera House. Phoenix Acres is another stunning property in Vaucluse. That means that things have to be done in the right order and . Top three floors, Tower 1 in One Sydney Harbour, NSW Vendor: Lendlease Buyer: Unknown Price: $140 million+ 2. $42,000,000: Barangaroo Avenue, Barangaroo, NSW (apartment sold in September) Staying in Sydney, taking out fifth place was this iconic colonial property in Woollahra that sold for $35 million. These are some of the best and priciest properties to change hands this year. Australias most expensive house sale is the $100 million Point Piper estate Fairwater, sold in 2018 by the Fairfax family to Atlassian co-founder Mike Cannon-Brookes. guest house. Autumn style and grooming. Subscribe to Forbes Australia for full access to this and all articles today. There are six bedrooms, a heated swimming pool and huge basement garage that fits five vehicles. Most Expensive This is one gorgeous five star home! Categories: Australia, Real Estate, World Tags: Residential Construction. As well as being a bumper year for real estate generally, with exceptionally strong rates of price growth in both capital cities and regional areas, prestige homes at the upper end of the market performed particularly well. . Cannon-Brookes is the co-founder of the Australian tech company Atlassian. A spectacular harbour-front mansion, this property in Sydney's exclusive Rose Bay was the seventh-highest selling house in the country for 2023, claiming $28.5 million. Weve come a long way since the very first season of The Block Australia in 2003, when Adam Thorn and Fiona Mills Bondi property took out the top spot with a sale price of $751,000. The home is one of just three with direct waterfront access in the exclusive Wingadal Place neighbourhood. The kitchen is commercial grade with top of the range stainless steel appliances and its own butlers pantry. 2023 Metropole Property Strategists. The Unusual Phenomenon Explained. These incredible treats come packed with all-natural CBD and superb flavours. The top seller on the site, which also broke the record for the most expensive house sold at auction, was a five bedroom Vaucluse house. Most Expensive House The propertys presentation is exceptional. It was refurbished in 2004 by architect Michael Suttor. Also located in the affluent Sydney suburb of Point Piper is Edgewater, which with a $95 million valuation 3. A 1930 Australian Penny, perhaps. The Fairwater residence is listed on the New South Wales State Heritage Register historical architectural design and cultural significance. Darling Point has the highest median house price of $10.35 million, Prominent corporate lawyer John Landerer and his wife Michelle have staked a place in Sydney's trophy-home record books after their Vaucluse mansion sold for more than $62 million, making it the sixth most expensive house in the country. With three kitchens, two internal lifts and a 20-car garage has just Stunning inside and out, the mansion features a palatial six bedrooms over 750 m. Wolseley Crescent provides a perfect picturesque view of the ocean and spacious elegant rooms. Fortunately, the mansion resides in a good area,making it one of the most sought-after houses in Australia. The markets are moving on, but not all properties are going to increase in value. The house is surrounded with luscious vegetation coupled with a peaceful environment that any top business person could retreat into. . The high-end city pad has world-class Sydney views. Wide open living spaces all lead directly onto the water - not that you'd expect any less for eight figures. It is set right on Seven Shillings Beach and with a backdrop of idyllic Bay & Harbour views from the beach to the Opera House, Harbour Bridge and beyond. 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. It has eight bedrooms and seven bathrooms. Edgewater. . House Grail is reader-supported. Former owners Bruce McWilliam (commercial director of the Seven Network) and wife Nicky sold this expensive and unique Bang and Olufsen home in 2013 for $33 million. A five-bedroom, six-bathroom house in Applecross, south of the river, became the most expensive house sold in Perth in 2018. They also stretched the sundeck to create that second helipadtheres also a touch-and-go pad on the foredeckbig enough to land a Bell 429 or Airbus H145. WebCBD Gummies and Sweets. $60,000,000: Castlereagh Street, Sydney, NSW (apartment sold in May) 2. And given its the former home of famed restaurateur Shannon Bennett, the beautifully designed chefs kitchen is world-class. Nonetheless, it became one of the most expensive houses in Australia and the world. It was a huge scope of work. It was sold by Angela Bennett, the mining heiress. CoreLogic The mansion covers 7,567 square meters including an in-house cinema, a private jetty, three buildings and a tennis court. He is actively involved in Australian political donations where he donated about $2 million in the last two decades. 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. Sydney dominated the top sales once again as buyers prioritised waterfront views. Picture: realestate.com.au/sold. It took more than four years before the final draft is done with more than 600 blueprints wasted. Theres a lot of potential to make this site something grand. Inside sees unprecedented levels of privacy and opulence, with 24-hour security. At its closing price of $65.25 million, however, its still nothing to balk at. 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. It features a big garage, able to fit four cars and a workshop space that can fit another car. Featuring a wrap-around infinity pool and instant canal access, this property was last sold in 2015 for just $5.9 million. Phoenix Acres was bought for $65.25 million, having originally been put on the market for an, even more, eye-watering $80 million. Brandon-Richard Austin is a Toronto-based writer. 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. Elton John once expressed interest in buying this iconic mansion. The expansive solid brick Georgian Revival residence, designed in 1936 Finally, the home even has a tower with 360-degree views from the top. The couple bought the mansion from their mining rewards. Prior to the 2020 sale, Edgewater did not feature on the list. It was constructed between 1882 and 1970 under the direction of various owners. 20 Wolseley Road, Point Piper, NSW $45M, The outlook for luxury property in Australia. And thats because what makes a great investment property for me, is not likely to be the same as what would suit your investment needs. Also located in the affluent Sydney suburb of Point Piper is Edgewater, which with a $95 million valuation is believed to be the second-most expensive house in Australia. 38a Wentworth Road, Vaucluse, NSW $63M, 5. The house has a spectacular harbour bridge view, and beautifully designed grounds that have been used for lavish parties. Image realestate.com.au. The Point Piper estates most recent buyer, tech billionaire Mike Cannon-Brookes, snapped the property up for a staggering $100 million in 2018. Step inside the epic mansion, one of Australias greatest and most expensive homes, that hosted the wedding of Kyle Sandilands and Tegan Kynaston. Also the buyers of these high priced properties quite often are coming from overseas, they may be Australian residents, but they are doing quite well from an income and wealth perspective as they have gone global with their businesses. By The Real Estate Institute of Queensland says Noosa is the most expensive housing market in the state. WebMorning Star in Mount Eliza took out Victorias most expensive sale in 2020. WebWho owns all the land in Australia? The finishes throughout are of the highest standard. bought for $5 million in 1991, Pricefinder data shows. First stop! A $22.6 million home with sweeping views of Sydney Harbour was the highest-priced house sale recorded on realestate.com.au for 2019. Thu 13th. An indoor pool with glassed roof is one of a number of luxe features. Nickels 7787 Shield 192 Liberty 915 Buffalo 2553 Jefferson 4127. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. And theres no arguing with his assessment of the views out over the ocean and of Tamarama and Bronte beaches. The Elaine estate in Point Piper, New South Wales is another home recently sold off by the Fairfax family. Whats best about this house is that it also hasa magicalview of the harbour. 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. And while its in the yard being stretched by almost 6 metres, you give it a new top-to-bottom paint job, add a second helipad, reconfigure the cabins, and have a complete overhaul done to all the mechanical systems. Much has already been written about the Boyd Residence. 29-31 St Georges Road, Toorak, VIC $88M, 2. Kew Gardens 50p rare coin. Picture: realestate.com.au/sold. 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. . Guests or staff can hide away in self-contained quarters, while the basement is big enough for seven cars, a workshop, home gym and a 5000-bottle climate-controlled wine cellar. . The property sold in late October for $29.2 million. WebWho owns all the land in Australia? Click here to learn more about we can help you. most expensive The list has a combined value of more than $700 million and comprises hundreds of bedrooms, bathrooms, and a host of swimming pools, cinemas, and even spas. The mansion is owned by Chris Ellison, who is the head of a resources mining company. selecting the location and the right property in that location comes right at The house was formerly traded for $7.29 million back in 1989 when it was boughtby Robert Hampshire. Join Australia's Favourite Online Betting and Entertainment Website. Unidentified steering wheel box parts for A variety of cars. Toorak mansion sale sets Australian auction The luxurious mansion has five bedrooms with striking balconies that offer perfect views of the beach. The impressive price tag reflected the location, rather than the luxury of the existing dwelling. As you know investing in a real estate would be the most expensive investment. Following this, David Lowy and his wife offered $55 million to purchase it but they were turned down. Inside the $100m+ mansion where Kyle Sandilands wedding was A stunning design, a prime position and breathtaking views what more could you want? The house is arrayed with state-of-the-art interiors and beautifully decorated rooms. Our list is curated based on research by Domain. The refit was rewarded with the Best Rebuilt Yacht trophy at the 2022 World Superyacht Awards. It is alleged that Mr Zhijun concealed his investment to evade foreign investment laws. houseoftheday View Profile. Theres also a 30-foot RIB and 23-foot Super Air Nautique wakesurf boat. 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. Do Crawl Space Ventilation Fans Work? These homes are exemplary of architectural styles from around the world, both contemporary and historical. Australia's very first Kangaroo and Map stamp sold at auction for $130,573 in 2006. The sub penthouse is in Adelaides tallest building. Stay at Home Mum is the ultimate guide for real mums, the perfect, the imperfect, the facts and just a little cheeky! It also has a separate self-contained servants quarters. The second most expensive mansion in Australia is the Ellison mansion in 3. 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. Most Expensive House Australia And there are technically three kitchens the immaculately appointed main space, a private butlers kitchen and preparation area, and an outdoor kitchen on the terrace. WebAustralia adopted the decimal system in 1966, replacing the penny with the cent, and the pound with the dollar, and the ratio changed from 1:240 to 1:100. Elaine. The mansion located at 63 67 Wolseley Road was formerly owned by disgraced businessman Ron Medich and his estranged wife Oddette. Altona was built in 1904 by Supreme Court Judge Augustus James for his wife, Altona. sold The house was previously owned by entrepreneur Andrew Banks and his wife Andrea. 20 Wolseley Road, Point Piper is a 5 bedroom, 6 bathroom House with 4 parking spaces sitting on an 852m2 land size, with a floor size of 449m2. Most Expensive Houses in Australia Aside from the fact that he has the most upscale house, the new owner, Dr Chau is well-known for his philanthropic work by donating $20 million in building a landmark at the University of Technology in Sydney. WebThe largest art theft in world history occurred in Boston on March 18, 1990, when thieves stole 13 pieces, collectively valued at $500 million, from the Isabella Stewart Gardner Museum.Among the pieces stolen was Vermeer's The Concert, which is considered to be the most valuable stolen painting in the world.A reward of $10,000,000 is still offered for house The most expensive of those sold in 2020 was a $14 million waterfront property in Dalkeith, with the COVID-19 pandemic doing little to deter Perths most wealthy from splurging on luxury homes. WebThe most recent list is relatively expected when it comes to the suburbs that took top billing. Accessed via private lift, it opens to a glass wall with built-in champagne storage. Purchased for $10.5 million, 22 Duncraig Road sits on a 1,839 sqm block on the highest point of the street, offering 180-degree views of the city and river. This 2,396m2 6 bedroom, 6 bathroom, 4 parking waterfront property has a media room, gym and self-contained Sold price: $27.5 million. Image William Porteous International. Penthouse From Succession Can Be Yours, Property Of The Week: 528/19 Hickson Road Walsh Bay, NSW, Property Of The Week: 8 Toocooya Rd, Hunters Hill, NSW. He is predominantly based in his home country, China, but is now a resident of Australia. 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. A $62.75 million mansion in Vaucluse, Sydney has taken the crown as Australias most expensive home for 2022. High on the hill, the property boasts sweeping views from Palm Beach on one side to Pittwater on the other. 1864 pointed L on Indian Head bust, $325. In addition to this stunning mansion, Chris and his wife also own a four-bathroom, five-bedroom mansion in Applecross. The mansion is also equipped with a swimming pool, a gym and a theatre room. When Ken Jacobs, one of the countrys leading figures in real estate, sold the heritage-listed home, Boomerang, in Sydneys Elizabeth Bay in 2002 to art collector John Schaeffer during his time at Christies International Real Estate, he set a new Australian residential record at $20.7, SubscribeAlready a subscriber? In the posh Melbourne suburb of Toorak, and on one of the citys most prestigious streets, this five-bedroom, five-bathroom mansion created quite a buzz when it hit the market. 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. sitting room plus ten bedrooms, a study, a retreat, a grand reception hall, Stonington Mansion is a historic property in Melbourne. Most expensive Dutch naval architects Azure Yacht Design were called in to mastermind slicing open the hull and adding the six-metre extension. Take a look at the top tier of the nations residential real estate and the most expensive properties sold. The site was exhumed by cutting deep into the stone in order to obtain a level platform and provide a good base for the colossal residence and the garage can be constructed on a street level. Tori Latham, By Benjamen Judd, 2023 RR Australia & NZ Pty Ltd. All Rights Reserved, [caption id="" align="alignnone" width="1000"], Kendall Roys Lavish N.Y.C. This sets a new record of the most expensive house in the world. parking for five cars and ducted air conditioning. Sitting on a 1590sqm landscaped block, the residence includes a dramatic reception hall, sprawling entertaining spaces, a bar and temperature-controlled wine room, a home theatre, and a six-car garage. Does anyone else get horny reading these threads , We Roadtest 180 Nutritions Range of Protein Powders, Empowering First-Time Homebuyers: The Ultimate Budgeting Handbook, Weekly Family Meal Plan Ep:2 (With Shopping. 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. Portofino offers stunning views of both the Sydney Harbour and the citys skyline all for a steep price, of course. The refit also saw the swimming pool on the main deckonce again the key word herestretched to seven metres, while two new bridge-deck VIP suites were added, each with 12-metre-long private balconies. His other interests include astronomy, hiking, and fishing. How Metropole can help you buy an investment property, Property investment in Australia for foreigners and expats, 1. 'Seasoned' Joe Biden laughs off age gags at sold out White House Correspondents' Dinner. It is located in Vaucluse 2. Located in Point Piper, it has some very exclusive neighbours, as well as some equally impressive Tuscan architecture. Thats areas and properties which hold their value over the long term, rather than benefit from an uptick in demand. The historic property, which boasts 6986sqm in Sydneys most expensive enclave features seven bedrooms and five bathrooms on Seven Shillings Beach. It broke the $100 million mark set by Atlassian co-founder Mike Cannon-Brookes for a Point Piper estate, Fairwater, in 2018. Another 61 properties of the sale value sold in Melbourne, 14 in Brisbane, and 11 in Perth. 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.. The property is nestled on a quiet street in Toorak, but behind its tall hedgethe house boasts significant space for entertaining. Horologys finest moves. Australia Most Expensive Suburbs In Australia That record went to a nine-bedroom penthouse at One Sydney Harbour in Barangaroo, which sold for a whopping $140 million last year. While these top 10 highest property sales make interesting reading, they The most expensive homes ever sold on The Block. Then her family intervened, Jock Zonfrillo remembered as an 'incredible chef' and influential member of Australia's culinary landscape, A year ago, this Australian couple fled Ukraine with their three cats. Pete has been working in the trades since high school, where he first developed a passion for woodworking. Yes, this is ANOTHER property located at the infamous Wolseley Crescent, Point Piper. Fairwater. First Drive: Audi RS 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. Because aside from remembering that you should focus your efforts on This brand-new contemporary city apartment boasts three-bedrooms, four-bathrooms set over a generous 265sqm of living space. 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 Down in Victoria this spectacular five-bedder in Toorak took home fourth place with a sale price of $38.5 million. But history will be made once the deal is settled. One of those is Victorias most expensive home, 47 Lansell Road. past nine years. listed in mid-2021. It is believed that the front block has recently been subdivided off the property and sold for a whopping $19 million dollars. Australian record for most expensive Picture: realestate.com.au/sold This a private firm that specialises in mining services of which Mr Ellison has a stake of $300 million in the firm. Picture: realestate.com.au/sold. Fairwater, Point Piper, NSW Sold: September 2018 Vendor: Fairfax family Buyer: Tech billionaire Mike Cannon-Brookes The house was sold to Malaysian-born billionaire and tycoon Huang Lee Seng and his wife, Yeoh Pei Chee. Picture: realestate.com.au/sold. What the property lacks in luxury now it makes up for in future potential.