Among the stars that Herron Todd White highlighted, an apartment on the 73rd floor of Melbournes iconic Eureka Tower was sold in April last year for a cool $6,999,999 well call it what it was as $7 million before transaction costs. Goldmark agent Shae Yao previously told the Herald Sun the house was like a castle. 34 Hopetoun Road, Toorak: $19m in August, 9. 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. This mansion has all of the amenities that compel the buyer to invest his $17 million in it. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered the Australian record for most expensive house sold at auction. Price guide: $31.8m-$34.8m. 29 St Georges Road, Toorak, arguable St Georges Road's best - amazingly has sat unoccupied since 1991 half completed. 8 Ottawa Road, Toorak, sold for $25m in an off-market deal. This unreal house has a lot of open areas where natural light can come in so that potential residents may experience nature in its purest form. A brand-new Toorak mansion was the most expensive house sold in 2016, with 9 Towers Road selling for $26 million. 57 Clendon Road, Toorak, sold for more than $20m. 46 Lansell Rd, Toorak. It also threatens to upend bets in the market that recession and lower rates are on the horizon. New-home sales climbed 9.6% in March, the Census Bureau said. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered the Australian record for most expensive house sold at auction. But is this where the most expensive home in Melbourne is located? Living areas connect to terraces and lawns. In terms of transport, it even includes a helipad. Set on a massive 1.1-hectare block, the home offers five bedrooms and a three-bedroom brick guest house, a bluestone two-bedroom cottage and a hall that double as a gym. The home was reportedly sold for $38.5 million in early 2022. WebMorning Star in Mount Eliza took out Victorias most expensive sale in 2020. Others are being built by big companies that can fund projects without borrowing. The mansion has been a cherished family home. Top 10 most expensive metro property sales in the 2021-22 financial year Here is the full list: $43.1 million 47 Lansell Rd, Toorak $40.5 million 21 Coppin Grove, Hawthorn $38.5 million Orrong Rd, Toorak $35 million Sub penthouse, Level 80+/60 Southbank Boulevard, Southbank $31 million 39 Irving Rd, Toorak 3808 Point Nepean Road, Portsea: $13.48m in March, 20. Discover luxury homes, villas, castles, apartments, penthouses for rent or for sale in Melbourne for investment and living. Penthouse, 17 Spring Street, Melbourne: about $16m in March, 14. Located in the exclusive eastern suburb of Toorak, this house on Lansell Road sold for $43.1 million in 2021 having been owned by British businessman Mark Healey and his wife Kelly. They dont have a home to sell. The six-bedroom 1930s mansion had been recently renovated and has a pool, tennis court and 10-car basement garage. The most popular luxury suburbs are short on land and as a result, its going to continue to be difficult to secure a home within them,she said. In a year where many sought a lifestyle out of the city, and Melbourne became one of the most lockdown-ed cities in the world, a property in Mount Eliza was the years top seller. The markets are moving on, but not all properties are going to increase in value. Toorak $5.19m 2. The coveted coastal property drew attention from all across the world being one of three estates from the summer palaces of Melbournes ultra-wealthy family, that were constructed down back in the day. A beautiful interior enhances the beauty of the kitchen with an abundance of amazing features. Chiminello was also a listing agent for the property that achieved the Australian record auction price, also in Toorak, in October last year. With the tennis court, the home arrives with an outdoor swimming pool, Mediterranean faade, timber-lined ceilings. Blair House in the salubrious eastern suburbs enclave of Toorak carries an asking price of $65 million to $70 million. But massive off-market deals worth more than $20m that were secured during Melbournes lockdown will remain shrouded in secrecy. This imposing nine-bedroom palace hidden between Inkerman St and Balaclava Rd is aiming to double its own price benchmark for St Kilda East set at $7.238m in 2013. 4. Credit: Marshall White. It is one of the expensive houses in Melbourne worth the price of $25 million and now you know why! Canterbury $3.19m 6. According to The Property Tribune, 2021 coincidentally saw the second highest ever amount paid for a home at over $40 million. Enquiries on rental properties are starting to decline across the country, which could be a welcome relief for renters. Upstairs, you have three spacious bedrooms, including the master suite with dual walk-in closets, as well as two other bedrooms. Some of the rare trees on the estate are from the grounds of Victorias first government house, dating to 1849. Properties in Armadale, Red Hill South and Flinders also made the top 10. We strongly recommend that you obtain independent advice before you act on the content. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. WebThe Block's star buyer Adrian Portelli has made waves in real estate again, smashing a Melbourne price record as the new owner a $39 million penthouse.. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to However, the home was rumoured to take a $13 million hair cut, with some outlets reporting a price of $29 million. Purchased by tech wizard Guy King, the property was designed by Drew Cole Architects and features multiple formal and informal living rooms, four bedrooms, siz bathrooms, study, separate home office, gym cinema, cellar, six car basement garage, pool and more. Melbourne, coastal capital of Victoria in Australia, has few of the most-costly residences in the country. The great mansion located amid expansive grounds on about 8704 square feet of land, provides grand-scale pleasure. A pool and spa will be located on a large patio. In close second place was Blair House at17 St Georges Road, Toorak, an expansive solid brick Georgian Revival residence set on 7,800 sqm of botanic parklands in Tooraks premier boulevard which sold for$74.5 millionin August last year. Multi-millionaire buyers can finally get a look inside the Melbourne mansion that is the most expensive home ever for sale in Victoria. Designed by architect George E Nichterlein, it has six bedrooms, five bathrooms plus two powder rooms, formal and informal living and dining spaces, a poolside summer house and a self-contained one-bedroom apartment. We help our clients grow, protect and pass on their wealth through a range of services including: Level 2, 181 Bay Street, Brighton, VIC, 3186, Suite 4, 742 Sandgate Road, Clayfield 4011, Level 4, Edgecliff Centre 203 - 233 New South Head Road, Edgecliff, NSW, 2027. The Healeys bought the property about six years ago and have spent an estimated $10m-plus transforming it. It takes extensive consideration and lengthy discussions, sometimes over many months to advise clients at this level as we critically must balance objective value with emotional value, and the difference can be millions of dollars.. The St Georges Road mansion made headlines before images were released, with the real estate agency Marshall White teasing the historic listing before details of the property - including what it looks like - were made public. A spacious entry lobby, grand stairs accentuated with a leadlight window, a security system, marble flooring, a sauna, and enough storage are among the interior features. Some of the trees on the estate date to 1849 and Victorias first government house. A grand staircase, a tennis court, an indoor pool, a sauna, seven bathrooms, a library, a billiards room, and a massive main bedroom suite with a dressing room and a spa ensuite among the perks of the 3129sq m property. Main Ridge, 3928. Zoom? 5. The property crowning Sapphire By The Gardens, a sparkling new dual-tower hotel and residence in the city, is a shell, and Adrian will customise it - including a showpiece supercar he owns which will The property was previously owned by former Mirvac director Marina Darling and her husband Anthony. The third Covid year had a slow start, but the report noted trophy homes were still flying off the shelves. Price guide: $25m. When the property first hit the market, the Jreissatis had appointed Molecule Studio to fit it out the last remaining shell in Eureka Tower, on level 85, as a two-bedroom home they intended to be their final Melbourne pad. In 2018, art dealer Rod Menzies has sold his Malvern mansion for a house price record of $52.5 million. Price guide: $25m. There are very few of them and its just an enormous sale, particularly given everything was done during shutdown and we couldnt get anybody through the home.. 46 Lansell Rd, Toorak. It has three or four years of work lined up, including the renovation of Terminal C at Dallas Fort Worth International Airport, which wont start until next year and isnt scheduled for completion until 2026. International selling agent Michael Keating said no other off-market sales came close to the price achieved for the estate, making it Victorias largest known residential deal in 2020. Inside, a soaring lobby and staircase impart grandeur and opulence, welcoming one into a home that is as flexible as it is luxurious. It is self-contained by its own private walled garden and accessed by car from a neighbouring street. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Some of the trees on the estate date to 1849 and Victorias first government house. Marshall White director Marcus Chiminello. How Metropole can help you buy an investment property, Property investment in Australia for foreigners and expats, Victorias most exclusive and affluent suburb. We just overlooked the most expensive houses in Melbourne, Australia. The property was sold just five days before Christmas with several local families all competing for the property. The current owner is believed to be Sam Gance, the owner of the Chemist Warehouse discount pharmacy chain. Discover luxury homes, villas, castles, apartments, penthouses for rent or for sale in Melbourne for investment and living. Because aside from remembering that you should focus your efforts on investment-grade properties and locations, you also need to remember that property investing is a process, not an event. Melbourne saw also homes sold for eight figures in its south east, including 2/636 Nepean Highway in Frankston South, changing hands for $11 million later in 2022, 31 Pardalote Rise in Red Hill sold for $13.25 million in April 2022, and Herron Todd White noted 6 Wilson Street in Brighton currently listed with a price guide of between $13 million and $14 million. Please try again later. Construction spending and employment have risen to new records this year, boosted by government outlays for infrastructure, adomestic manufacturing renaissanceand a wave of apartment building that got off to a slow start during the pandemic when prices forbuilding materials, such as lumber, were sky high. WebTop 10 Most Expensive House In Melbourne, Australia (in 2021) Melbourne, coastal capital of Victoria in Australia, has few of the most-costly residences in the country. While real estate vendor Kay & Burton would not confirm the final sale price, the palatial property was listed with an indicative price of between $40 and $44 million. Balwyn $2.89m 7. Its here that the property offers 15 separate rooms and is surrounded by sweeping lawns and gardens, dotted with mature trees. The French Mediterranean-style home has an imposing facade. Advertisement Brighton $3.24m 4. The entertainment room is serviced by its own bathroom with all common spaces leading seamlessly to the lush, tropical outdoor entertaining and dining area, aforementioned swimming pool, cabana and tennis court. The most expensive house sold in Melbourne in 2018 was the Stonington mansion, sold by art dealer Rod Menzies for $52.5 million. Malvern $2.85m 8. She added Raheen (main image), owned by the Pratt Family of Visy fame, is another property that could be seen as priceless due to their history and uniqueness. The standout home, known as Invergowrie was listed in 2018 with Marshall Whites Marcus Chiminello. Theres also a study or a sixth bedroom here, where you may enjoy the convivial gathering. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Melbournes most expensive house sales: 2019/2020 financial year, Myvore Court, Toorak: $50m worth of property sales in tiny court, Ascot Vale: renovated Edwardian aiming for sale just before Christmas. WebThe Block's star buyer Adrian Portelli has made waves in real estate again, smashing a Melbourne price record as the new owner a $39 million penthouse.. But even before looking for the right location, make sure you have a Strategic Property Plan to steer you through the upcoming challenging times our property markets will encounter. Price guide: $30m-$33m. Main Ridge, 3928. MORE: Hepburn Springs pub set for revamp after selling for almost $2m, Oldest standing cottage for sale in Victorias own city of gold, Victorian lockdown extension a nightmare for home sales. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to the market. Merricks North, 3926. Magnificent master bedrooms with en suite, open fire, and entrance to a wide west-facing balcony, a second bedroom with ensuite and robe and four more bedrooms with robes and two shared bathrooms are located upstairs. In fact, the wealthy Victorian suburb of Toorak featured on the top 10 list 6 times. A seventh bedroom is located below, as part of a self-contained section that has a private en suite, lounge, and kitchenette. Several recreation spaces entice purchasers to invest in this classic masterpiece. The decor is beautiful and draws everyones attention. WebMelbourne, Australia luxury real estate listings for sale by Mansion Global. It also set Toorak's suburb price record, but with 17 St Georges Road in the stratosphere of the prestige market, that is poised to be eclipsed. The2021 infrastructure billand last years climate, tax and healthcare law are pumping money into industrial projectssuch asrenewable-energy facilitiesand railroad expansionsthat promise to keep workers busy for years. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to A magnificent marble kitchen with two ovens, preparation facilities, a flower room, and gorgeous garden elements are also included in the house. Thats for the entire 3150sq m landholding its two titles can alternatively be bought separately for $20.9m-$22.9m for the 2170sq m allotment and $10.9m-$11.9m for the 980sq m slice. The $43 million dollar home at 47 Lansell Road, renovated by international designers, is the most expensive property ever sold under the hammer. Property developer Elias Jreissati is the vendor. Experts Corner by The main suite has a large dressing room and an en suite with double vanity. Elsewhere Opulent gold-leaf finishes and crystal chandeliers give way to modern fixtures as highlighted in whats an industrial-sized contemporary kitchen. This property is one of South Yarras most ideal properties, set in one of Melbournes most prominent areas, next to the Royal Botanical Gardens, with every imaginable luxury and lifestyle to match. Similarly and coincidently on the same street in Toorak, Coonac Estate owned by Paul Little would likely be a $100 million dollar proposition or more.. The kitchen is privy to a large butlers pantry with laundry and adjoining cool room ideal for private chefs or large catered events. Yes, $40 million is the cheapest house on this list. Top 20 Most Expensive Suburbs in Melbourne. Spending on home improvement and repairs is forecast to decline over the next year, the first contraction since the depths of the foreclosure crisis in 2010, according to a closely watched barometer of the remodelling industry. It is one of the most expensive penthouses ever sold in Melbourne with a price tag of $21 Million. At Metropole, we always advise on the importance of investment-grade properties and locations, rather than chasing a hotspot or growth area. 2 Myvore Court, Toorak: $16.5m in July. WebMorning Star in Mount Eliza took out Victorias most expensive sale in 2020. Kew $2.80m 9. Web4. Former Australia Post boss Ahmed Fahour sold his Hawthorn mansion in July. Along with the final sale price, the Chinese buyer also had to pay $8.5 million in government fees, including 12.5% stamp duty. This house is a dream, set far back from the street and entered by two driveways, with exquisite lounge and dining rooms, a big garden, a family room, and a games area with a wet bar. Close to parks, Domain Road restaurants, outstanding schools, and the Yarra River, this property is undoubtedly located in one of Melbournes most valued areas. While the listing was split, the property was sold as a bundle. 92 Esplanade and 2 Kinane Street, Brighton, scored one of Victorias highest sales this year. St Georges Road is the must-have address of Melbournes most wealthy, and one of it's most stately homes is the Stamoulis mansion, which was constructed in the image of the Vanderbilt manor in the US. In light of this, The Property Tribune has dug through the archives and uncovered the best selling homes each year since 2013. Chiverton has five bedrooms, five bathrooms, two powder rooms, magnificent formal rooms, library, informal living, open plan kitchen, separate one-bedroom apartment, poolside summer house and four-car garage. Get the latest real estate news delivered, Property Council calls for green revamp of property policy, Mortgage stress to remain even if the cash rate stays at 3.6%, $15.85B earmarked for Australian build to rent sector, Commercial developments on the rise across Australia, Rental markets remain tight, but there are signs of pressure easing, Co-own your own tropical paradise with Kos first luxury holiday home in Fiji, Investing in a resilient future across the globe, Top 4 regions to buy a house in Queensland, Aussies love renovations, but not as much as Kiwis, Asking house prices in Melbourne remain above $1 million, Many of Melbourne's most expensive homes may never come to market, One of Melbourne's most expensive homes several years ago was a penthouse in Southbank, Luxury Holiday Homes at a Fraction of the Cost. With its glass ceiling and seamless connection to the expanses of surrounding terraces this unbelievable estate provides distinct pockets for entertaining and relaxation with the soothing sounds of flowing water from a water feature, as well as an indoor heated swimming pool with a sauna and a bathroom with the feel of a soaring conservatory. The larger capital cities have begun to see early signs of recovery in house prices, but there is still a divergence between cities. A separate childrens zone has three beautiful bedrooms with built-in robes and desks, a playroom, a contemporary bathroom. WebMelbourne Homes for Sale $371,001; Palm Bay Homes for Sale $307,645; Saint Cloud Homes for Sale $397,565; Cocoa Homes for Sale $297,168; Rockledge Homes for Sale $392,593; Merritt Island Homes for Sale $439,458; Sebastian Homes for Sale $352,102; West Melbourne Homes for Sale $401,965; Satellite Beach Homes for Sale $528,925; A succession of beautiful living, dining, and entertainment domains open up to excellent outdoor areas, with a separate rooftop terrace elevating entertainment to a whole new level. Sliding doors connect the informal living to a shaded terrace for a myriad of indoor-outdoor entertaining options with steps down to the pool and garden. They also include French doors that lead to gardens, an outdoor dining area, a tennis court, and a swimming pool. 7. The number one spot for 2022 went to29-31 St Georges Road, Toorak, which had the highest price paid for a home in Victoria, and third highest property sale in Australiaever at$88 million. Investors are trading government bonds as if rate cuts will come within the next year andbuying technology stocks, bitcoin and other speculative assets that surged when borrowing costs were near zero. It was hard to compete with 2021, though, the report recalled luxury homes above $10 million saw a near doubling of sales numbers to 100. Toorak $5.19m 2. It has formal and casual living and dining spaces, a kitchen serviced by a butlers pantry with a separate cool room, a huge main bedroom with its own dressing room, an office, a gym, a lift, and a darkroom and cellar accessible through a nine-car basement garage. Every room is large and embellished with one-of-a-kind decorations. Apartment construction is expected to decline once the latest batch of buildings is finished. Chivertons size, scale, history, features and Irving Road address ensure its status as a once-in-a-generation family home, the listing states. Top 10 most expensive metro property sales in the 2021-22 financial year Here is the full list: $43.1 million 47 Lansell Rd, Toorak $40.5 million 21 Coppin Grove, Hawthorn $38.5 million Orrong Rd, Toorak $35 million Sub penthouse, Level 80+/60 Southbank Boulevard, Southbank $31 million 39 Irving Rd, Toorak The 3,300 sqm property has five bedrooms, three kitchens, a cinema room, a massage room and a six-car garage. The incredible estate sold for about $40m. The Herron Todd White month in review report has found Melbourne to be the most resilient prestige property market, with both international and domestic demand playing off scarcity to create some intense competition. The campaign for the Georgian-style estate at 17 St Georges Road officially launched on Wednesday when advertising went live, showing a circular driveway with a stone sculpture, a verdant tennis court rimmed by impeccable hedges and multiple manicured lawns, on 7800 square metres set back from the street for privacy. The sale occurred ten years after the former government house was controversially transferred into private hands for $17.5 million. The dining area features wide windows that let in natural light. All rights reserved. Add articles to your saved list and come back to them any time. Web4. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered the Australian record for most expensive house sold at auction. A second property is included, which the listing reveals is a double-storey converted stable, with the flexibility of two or three bedrooms. Top-end buyers advocate David Morrell said the citys most lucrative deals were often never uncovered by the public. A wide full-width covered columned terrace with heaters overhead is the ideal location for a year-round al fresco eating while admiring the magnificent west-facing gardens and north-south grass tennis court. 2 Myvore Court, Toorak, and a vacant block next door also sold this year. The Swifts fought back to beat the Giants in the Super Netball Sydney derby. While real estate vendor Kay & Burton would not confirm the final sale price, the palatial property was listed with an indicative price of between $40 and $44 million. In fact, if 10 Bickhams Court achieves its $21m-$23m price guide, it would raise the house price bar significantly for the whole City of Port Phillip. The spectacular home in Melbourne was constructed by the famous architect Rodney Alsop in 1926 and is wonderfully located amid one of Tooraks most beautiful and large gardens, covering a fantastic 25402 square feet area. Graphic Packaging Holding Co.is building a plant in Waco, Texas,to recycle old cardboardinto new paperboard and said it would cover the $1 billion cost with cash over three years of construction. Meanwhile, a handful of apartments in STH BNK by Beluah sold for a whopping sum. One of the elegant living rooms, paying respect to the Georgian architecture. With a median house price of $4,788,300, Main Ridge is the most expensive suburb in Melbourne, despite being located 97 2. Asking prices in the Victorian capital remain well above $1 million for all houses, despite the recent decline, according to SQM Research. The historic property at 336 Glenferrie Road which was first Australias government house, Stonnington was originally built in 1890 by Cobb & Co coaches partner John Wagner who occupied it until his death in 1901. Melbourne ($504 a week) It may surprise some to see Melbourne as the second cheapest city to rent a unit - but this comes down to supply and demand. Related: The Top 10 Most Expensive Houses In Sydney, Australia, Related: The Top 10 Most Expensive Houses In New York, The Top 10 Most Expensive Houses In Melbourne, Australia, The Top 10 Best Hotels in Paris, France (2022), The Top 10 Best Things To Do in Los Angeles in 2022, The Top 10 Best Hotels in Miami, Florida (2022), Top 10 Best All-Inclusive Resorts in Cancun, Mexico, From Billionaire to Broke The Story of Elizabeth Holmes. The stunning house, designed by top prestige architects Cera Stribley, award-winning landscape architect Philip Withers and best quality bespoke builder Leone Construction, is a brand-new spectacular home in one of Tooraks most prestigious places. The estate also contains five other bedrooms upstairs, four of which have private en suites. A six-bedroom mansion in, unsurprisingly, Toorak was home to the most expensive Melbourne home in 2017, selling for $40 million. 160 Musk Creek Road, Flinders: more than $16m, 13. WebMelbourne Homes for Sale $371,001; Palm Bay Homes for Sale $307,645; Saint Cloud Homes for Sale $397,565; Cocoa Homes for Sale $297,168; Rockledge Homes for Sale $392,593; Merritt Island Homes for Sale $439,458; Sebastian Homes for Sale $352,102; West Melbourne Homes for Sale $401,965; Satellite Beach Homes for Sale $528,925; 46 Irving Road $40 million - Lindsay Fox mansion - incredible valuable - for it's massive land alone. One of the worlds most livable cities and indeed coolest also saw some venerable runners-up. The outdoor pool has a pool house, sauna and steam room, and is near a floodlit tennis court, just to name a few of the features. While Sydney is known as being home to the most expensive property in Australia especially along the harbour Melbourne is not far behind. Michael Coppel chairman of music powerhouse Live Nation Australasia and wife Michelle are seeking a $30m-$33m sale for this showstopping mansion. recently sold for around $20 million, an amazing French palace. MORE: Myvore Court, Toorak: $50m worth of property sales in tiny court, Toorak market bursting with multimillion-dollar homes. 60 Hopetoun Rd, Toorak. Meanwhile, millions of homeowners are locked intohistorically low mortgage rates, which is keeping existing homes off the market and stoking demand for new construction, builders and analysts say. Toorak is known as one of the most expensive suburbs near the CBD with an average house price of $3 million! 2 Lascelles Avenue, Toorak: more than $14.75m in October, 16. The property features a 100-square-foot living area and a unique underground garage with plenty of parking space. Toorak is known as one of the most expensive suburbs near the CBD with an average house price of $3 million! 46 Irving Road $40 million - Lindsay Fox mansion - incredible valuable - for it's massive land alone. The most expensive house sold in Melbourne in 2018 was the Stonington mansion, sold by art dealer Rod Menzies for $52.5 million. The house covers an area of 8503 square feet and contains a magnificent master bedroom suite, four robed bedrooms, a controlled wine cellar, a gym, a games room, under-floor heating, and an air conditioning system throughout. 60 Hopetoun Rd, Toorak. 7. WebThe $43 million dollar home at 47 Lansell Road, renovated by international designers, is the most expensive property ever sold under the hammer. WebTop 10 Most Expensive House In Melbourne, Australia (in 2021) Melbourne, coastal capital of Victoria in Australia, has few of the most-costly residences in the country. The sale of Mowbray on St Georges road saw the dual frontage home occupy one of the finest spots in Toorak within walking distance of Toorak village shops, cafes, restaurants and Melbournes top private schools. Kooyong $3.2m 5. PulteGroupInc., the countrys third-largest home builder, Tuesday reported record first-quarter revenue after selling 6% more houses at a 9% higher average price than a year earlier. Opt Out of personalisation. And there will be more of the same next year.

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