Web4. The markets are moving on, but not all properties are going to increase in value. 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.. One of four luxury bedrooms is a stunning master retreat with its private valley views, a drop-down TV, an unique dressing area, and a gorgeous Grey marble bathroom with dual amenities coming with an European kidney-shaped bath. The 1.3-hectare site consists of a six-bedroom mansion and gatehouse, and was acquired by an undisclosed Chinese buyer. In 2018, art dealer Rod Menzies has sold his Malvern mansion for a house price record of $52.5 million. John Fish, CEO of the Suffolk construction firm, said the Boston-based company is focusing more on government-supported construction, such as airport upgrades. 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. 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.. The home was treated to an overhaul at the hands of architects Carr Design, and luxury interior design practice Helen Green Design studio. The grand home in Toorak known as Blair House is for sale for $65 million to $70 million. 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. An exhaustive list of features includes an executive library with cloak and storage room, a living and dining room with a fully furnished bar and of course a poolside bathroom. Surely these houses are deserved by those who work harder and smarter enough to ensure a luxurious lifestyle. All of the formal spaces have original metal-framed arched doors that lead to surrounding covered porches to the east, north, and west. The sale occurred ten years after the former government house was controversially transferred Credit: Marshall White. The 62.97 hectare property features an 1860s five-bedroom mansion originally built for an ultra-wealthy Londoner. Penthouse, 17 Spring Street, Melbourne: about $16m in March, 14. Kew $2.80m 9. 224 Kooyong Road, Toorak: about $14m in October, 18. 2 Myvore Court, Toorak, and a vacant block next door also sold this year. 2 Lascelles Avenue, Toorak: more than $14.75m in October, 16. 2. Not much known is about the inside of the house, due to the sale being off-market. Executives said they are adding sales and construction staff and building more spec homes, especially those aimed at first-time buyers. Click here to get the latest Victorian property market news delivered direct to your inbox. Sub penthouse, Level 80+/60 Southbank Boulevard. Some of the trees on the estate date to 1849 and Victorias first government house. Canterbury $3.19m 6. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) REA Group Ltd. Toorak house price record: $40m Lansell Rd mansion owners revealed, Hepburn Springs pub set for revamp after selling for almost $2m. Parking for eight cars and floor-to-ceiling windows framing 360-degree views are also part of the package. Advertisement They also include French doors that lead to gardens, an outdoor dining area, a tennis court, and a swimming pool. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA). The 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. Industry sources suggest his and Sarah Cases $25m deal at 4-5 Myvore Court early last month would top Tooraks list. Prefer us not to? The record-breaking listing at 17 St Georges Road in Toorak. Former Australia Post boss Ahmed Fahour sold his Hawthorn mansion in July. Some of the rare trees on the estate are from the grounds of Victorias first government house, dating to 1849. The magnificent master bedroom is tucked away behind its wing and has the trademark glass wall garden view, an enormous fitted dressing room, and spectacular en-suite surrounds with a double shower facing an inside garden. Lockdown may have temporarily slowed the Melbourne market but some seriously spectacular homes are still up for grabs in Victorias capital. RELATED: Toorak house price record: $40m Lansell Rd mansion owners revealed, Melbournes finest mansions that will never be sold, Victorias biggest home sales of 2020/21 financial year. The open fireplace in the sitting area adds a traditional touch. Living in Toorak means being close to everything Melbourne has to offer while still making your home in a super luxurious neighbourhood. If it achieves its lofty price guide, it will become the most expensive residence to sell in the affluent suburb. The Healeys bought the property about six years ago and have spent an estimated $10m-plus transforming it. Peninsula Sothebys director Rob Curtain said coronavirus had made the Mornington Peninsula market stronger than Melbournes, as the ultra wealthy poured money into luxury holiday homes instead of travel. This story was originally published at Nine.com.au. The 7301/7 Riverside Quay is a relatively palatial four-bedroom, four-bathroom apartment with panoramic views of the Yarra River, Port Phillip Bay and Queenscliff. 3 Nola Court, Toorak, also made it into Victorias top 20 residential sales. The property was previously owned by former Mirvac director Marina Darling and her husband Anthony. Credit: Marshall White. The incredible estate sold for about $40m. The Victorian price benchmark is the $52.5 million paid for Stonington mansion in the neighbouring suburb of Malvern, which changed owners in 2017. Construction companies with jobs ranging fromairport overhaulsto bathroom renovations say they have enough work booked to maintain payrollsfor years in some cases. The six-bedroom, seven-bathroom abode, on a huge 3066sq m resort-style block with a pool, palm trees and a tennis court, is on the market for the first time in 25 years. 4. Blair House in the salubrious eastern suburbs enclave of Toorak carries an asking price of $65 million to $70 million. Earlier, a dominant final quarter from the Vixens helped down the Queensland Firebirds 72-60 at John Cain Arena. 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. Theres also a study or a sixth bedroom here, where you may enjoy the convivial gathering. The current owner is believed to be Sam Gance, the owner of the Chemist Warehouse discount pharmacy chain. This massive Toorak property featuring a French Mediterranean-style home, a tennis court, a pool and established gardens has just ticked over 300 days on the market, CoreLogic records show. 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. The most expensive house sold in Melbourne in 2018 was the Stonington mansion, sold by art dealer Rod Menzies for $52.5 million. The property was owned by Daniel and Danielle Besen, the son of Marc and Eva Besen, who built the Sussan Group fashion chain, and have stakes in several Melbourne shopping centres. Home remodeller Jay Cipriani said his staff of 34 has plenty of kitchens and bathrooms to work through this year. Perched on 5414sqm of land the six-bedroom family residence with formal lounge, formal dining, staff quarters, outdoor entertaining area, pool and tennis court. Live music heavyweight Michael Coppel is selling 60 Hopetoun Rd, Toorak. The standout home, known as Invergowrie was listed in 2018 with Marshall Whites Marcus Chiminello. Within the long-list of amenities includes a two-bedroom guest wing, basement cinema, billiards room, historic bluestone wine cellar, library, gym and newly-finished heated indoor pool and wellness centre. View luxury property information and photos, while filtering for your perfect home. 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. WebUnit prices in expensive suburbs also rose with prices up in Balwyn by 25.l per cent to a $956,900 median, while Caulfield Souths units rose 19.5 per cent to $761,000. Located about 42 kilometres south east of Melbournes CBD along the Mornington Peninsula, Morning Star sold for around $40 million. 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. 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. But he said hes getting fewer calls for new jobs and expects a slowing economy could make some prospective clients think twice about nonessential projects: Maybe we dont put in that fish pond this year.. A stunning suspended footbridge connects the main home to a two-story warehouse conversion. 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. Toorak has a median house price of about $5 million, with $1 million for units and apartments. He sold more than $40m of Flinders real estate from two houses on Musk Creek Road and another at 1746 Boneo Road. Kew $2.80m 9. Their daughter, Samantha, has also listed her half-floor apartment in the Southbank building with an $8.8m asking price. The clouds are clearing and theres a mini boom on its way. Apartment projects were delayed after the Covid lockdown because of the budget-strainingexpense of building materials, such as lumber, which shot to more than twice the pre pandemic high and added millions of dollars to construction costs. Level 82/7 Riverside Quay, Southbank. Stay up to date with Australia's most important property news through our free email service. WebMelbourne, Australia luxury real estate listings for sale by Mansion Global. It includes a unique entertainment deck with rumpus and CBD views, as well as a cutting-edge THX-certified 18-seat cinema with a bar. The six-bedroom 1930s mansion had been recently renovated and has a pool, tennis court and 10-car basement garage. 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. Melbourne real estate: most expensive houses for sale. The Muse sub-penthouse, 409 St Kilda Road, Melbourne: about $21m in August, 7. 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; 160 Musk Creek Road, Flinders, was another top seller. There are about 12,959 residents enjoying this high-class area, according to the latest census. This project was one of Melbournes great pieces, and it was sold out even before it was completed, despite the fact construction on this skyscraper is scheduled to be completed in 2023. 49 St Georges Road Toorak - $30 million. Meanwhile, a handful of apartments in STH BNK by Beluah sold for a whopping sum. Kooyong $3.2m 5. View luxury property information and photos, while filtering for your perfect home. 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. We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. The house was owned by John Zeigler, the retired Asia Pacific chairman of DDB, an ad agency. Offering a touch of the English countryside in Melbournes Toorak comes this sprawling 4236sqm property on Grange Road. The 5-bedroom, 4-bathroom, 6-car home was the most expensive listing in Melbourne this year and boasted a swathe of luxury fittings and mod-cons including three kitchens (one regular, chef, commercial of course), with Miele appliances, commercial grade fridges and stone benches. The study area has been custom-designed with a wood and marble fireplace. The property is going for $23 million, and buyers will also receive a $1 million renovation package from Coco Republic. Main Ridge, 3928. The Zieglers paid $3.4 million for the home back in 2022. A beautiful interior enhances the beauty of the kitchen with an abundance of amazing features. The sale price for 47 Lansell Road, which is understood to be at the pointy end of its 40-44-million threshold has set not only Tooraks price record, but is also the most expensive home sold at auction in Australia. 5 Kildrummie Court, Sorrento, sold off market for about $25.5m. Property developer Elias Jreissati is the vendor. 6. The property features a 100-square-foot living area and a unique underground garage with plenty of parking space. 47 Lansell Rd, Toorak, is the priciest single residence on the Melbourne market at the moment, at $40m-$44m. WebUnit prices in expensive suburbs also rose with prices up in Balwyn by 25.l per cent to a $956,900 median, while Caulfield Souths units rose 19.5 per cent to $761,000. The superstar listing from famed concert promoter Michael Coppel sold for somewhere in the low-30-millions, although listing agent Marcus Chiminello of Marshall Whit wasnt at liberty to divulge the specifics. For discretion, only a small number of photos have been released - there are just two of the interior. And while demand has definitely decreased from the heady days of last year,A-grade propertieswill always be sought after by buyers. The freshly built sub-penthouse on the 11th level is 6953 square feet, about the size of a suburban block, and contains seven parking spots. It also has a swimming pool with a water wall courtyard, which is one of the houses greatest features. Even home builders, who slowed down last year when rates began to rise, are ramping up into spring. Buyers are potentially shelling out over 40% of their before-tax income on mortgage repayments. The estate also contains five other bedrooms upstairs, four of which have private en suites. Spread over 1.2 hectares, sources who have been in the mansions allege it offers an abundance of bedrooms, living areas and wet zones with intricate detail in all its fittings. The Georgian-style estate is on St Georges Road, one of the elite streets of Melbourne. 60 Hopetoun Rd, Toorak. Were sorry, this feature is currently unavailable. 1. The incredible estate sold for about $40m. Toorak was once again home to the most expensive house sale in Melbourne, with 14 Georges Road selling for $23.3 million.