RELATED: Melbournes most expensive house sales: 2019/2020 financial year, Morning Star estate, Mount Eliza, sells after attracting global interest, Toorak landmark sold for more than $20m in unexpected auction. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to Penthouse, 17 Spring Street, Melbourne: about $16m in March, 14. The mega mansion contains a helipad on the site. recently sold for around $20 million, an amazing French palace. Industry sources suggest his and Sarah Cases $25m deal at 4-5 Myvore Court early last month would top Tooraks list. 1. The 2008 crash kicked off a deep recession and a years long home-building slump that left the U.S. severely short of housing. Melbourne Luxury Real Estate Listings The property was sold just five days before Christmas with several local families all competing for the property. 2. You can trust the team at Metropole to provide you with direction, guidance, and results. Melbourne FL Luxury Homes 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. 5. 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. The owners are understood to have spent an about $10m renovating the house. This sold for $40 million last year. 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. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to Credit: Marshall White. Melbourne real estate: most expensive houses for sale. Sums in this range are not out of the ordinary in the luxury New South Wales market, but never has a property that expensive been on the open market in Victoria. Now, more than ever. 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. Most expensive homes in Melbourne WebThe $43 million dollar home at 47 Lansell Road, renovated by international designers, is the most expensive property ever sold under the hammer. The luxurious sub-penthouse in Melbournes high-tech, high-security complex is thought to have got the highest price for an apartment so far. 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. What is The Most Expensive House in Perth? Most Expensive The most expensive home sold in Melbourne during 2020 shows being close to the city doesnt necessarily mean your property is worth more. New-home sales climbed 9.6% in March, the Census Bureau said. 34 Hopetoun Road, Toorak: $19m in August, 9. 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. The Georgian-style estate is on St Georges Road, one of the elite streets of Melbourne. If Blair House achieves its asking price, it will obliterate the Victorian residential real estate record. most expensive suburbs in Melbourne The main homestead is two-storey and is defined by its distinctive colonial-goth architecture. While the buyer is not known publicly, they were a local buyer. The coveted mansion sits on approximately 2170sqm of land with a further 980sqm attached for the tennis court. 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. The Healeys bought the property about six years ago and have spent an estimated $10m-plus transforming it. There are about 12,959 residents enjoying this high-class area, according to the latest census. They also include French doors that lead to gardens, an outdoor dining area, a tennis court, and a swimming pool. The study area has been custom-designed with a wood and marble fireplace. Its 676sq m floorplan features five bedrooms, five bathrooms plus three powder rooms, two kitchens, an executive office, a sculpture gallery, a private lift lobby, a 1400-bottle wine cellar, secret jewellery and firearm safes, and an Italian Kos spa bath in the main bedroom ensuite. 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. Living areas connect to terraces and lawns. Once inside, it is apparent that the garden is also an important part of the interior design, with every window deliberately positioned to provide spectacular garden views throughout. Opt Out of personalisation. In late 2019, 3 Heyington Place in Toorak known as Palmilla became the most expensive sale in Melbourne, selling for $23 million. Explore our stunning collection today. Upstairs, you have three spacious bedrooms, including the master suite with dual walk-in closets, as well as two other bedrooms. 39 Irving Rd, Toorak. Australian record for most expensive Home remodeller Jay Cipriani said his staff of 34 has plenty of kitchens and bathrooms to work through this year. Melbournes most expensive property sales of 2020 You also can expect two more sitting rooms, which provide extra private areas. Where indicated, third parties have written and supplied the content and we are not responsible for it. Toorak is known as one of the most expensive suburbs near the CBD with an average house price of $3 million! 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. There Are Too Many Work Communications, 15 Outdoor Entertainment Ideas For Any Occasion, Beach House From HBOs Succession Back up for Sale Asking $55 Million, How IKEA Chopped, Hollowed Out and Flattened Its Furniture to Cut Costs, Global Executives Say Greenwashing Remains Rife, Foreign student arrivals surge in Australian states, How to Complain at Work the Right Way and Get Ahead, Builders blueprint calls for end to bias in construction industry to meet demand, Andreessen Horowitz Went All In on Crypto at the Worst Possible Time, A New Survey Reveals Americans Magic Number for Retirement. And there will be more of the same next year. Even home builders, who slowed down last year when rates began to rise, are ramping up into spring. He sold more than $40m of Flinders real estate from two houses on Musk Creek Road and another at 1746 Boneo Road. The manicured grounds occupy 7800 square metres. Middle Park $2.80m 10. Toorak $5.19m 2. A six-bedroom, seven-bathroom Georgian-style mansion in Toorak was sold in June 2013 for $21.5 million, almost doubling its previous sale price of $11.1 million in June 2001. The issue for investors is that the longer it takes for construction activity and employment to decline, the longer it will be before the central bank can cut rates. 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. The most expensive house sold in Melbourne in 2018 was the Stonington mansion, sold by art dealer Rod Menzies for $52.5 million. They dont have a home to sell. Prefer us not to? At Metropole, we always advise on the importance of investment-grade properties and locations, rather than chasing a hotspot or growth area. While the listing was split, the property was sold as a bundle. The Building Boom Is Prolonging Market Pain, The historic treasure with room for everyone, Oceans of light and world class views await in this seaside apartment, Art World Players Rethink The Auction Marketplace, How to Add Gilded Age Glamour To Any Backyard, NSW Premier Dominic Perrottets Stamp Duty Reform, TO HELP YOU MAKE SMART HOME-BUYING DECISIONS, Australian property values bottom out as borrowers anticipate end of rate hikes, Boeing, Este Lauder, and 5 Other Stocks for a Very Confusing Market, How to Avoid the 5 Most Common Dining Room Decorating Mistakes, Its Optional, Except Its Not: Youve Been Voluntold, How Bjorn Farrugia swapped the tennis racket for acing the LA real estate market, Worldwise: British Design Icon and Hotelier Kit Kemps Favourite Things, Slack? We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders. 5 Kildrummie Court, Sorrento: $25.5m in November, 3. Mount Elizas iconic Morning Star was the exception, after it publicly sold for about $40m to Chemist Warehouse co-owner Mario Verrocchi in September. Click here to learn more about we can help you. The property is going for $23 million, and buyers will also receive a $1 million renovation package from Coco Republic. Several recreation spaces entice purchasers to invest in this classic masterpiece. Parking for eight cars and floor-to-ceiling windows framing 360-degree views are also part of the package. Melbourne, coastal capital of Victoria in Australia, has few of the most-costly residences in the country. In light of this, The Property Tribune has dug through the archives and uncovered the best selling homes each year since 2013. Most Expensive Houses in Melbourne Kooyong $3.2m 5. 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 six-bedroom 1930s mansion had been recently renovated and has a pool, tennis court and 10-car basement garage. Middle Park $2.80m 10. Most Expensive Melbourne 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. Toorak has a median house price of about $5 million, with $1 million for units and apartments. Melbourne Yes, $40 million is the cheapest house on this list. 2. View luxury property information and photos, while filtering for your perfect home. Malvern $2.85m 8. They offer 360-degree views with 1,185 square meters of floor area across the two levels. Some of the rare trees on the estate are from the grounds of Victorias first government house, dating to 1849. Stay up to date with Australia's most important property news through our free email service. Melbourne Melbourne 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. Stay up to date with our free emails containing the countrys most important stories with our free email newsletters. 2 Lascelles Avenue, Toorak, sold for $14.75m. Most Expensive Houses In Melbourne We strongly recommend that you obtain independent advice before you act on the content. 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. 1. Inside, a soaring lobby and staircase impart grandeur and opulence, welcoming one into a home that is as flexible as it is luxurious. Antoinette Sagaria, a luxury buyers advocate and director of property at Entourage noted that over the past five years, the very top end of Melbourne homes is circa $40 million. 12 Fairlie Court, South Yarra: about $17m in December, 10. It is priced at $19 million. Most Expensive Melbourne real estate: most expensive houses for sale. The house was owned by John Zeigler, the retired Asia Pacific chairman of DDB, an ad agency. 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.. Marshall Whites Marcus Chiminello and Kay & Burtons Mike Gibson have the listing. View luxury property information and photos, while filtering for your perfect home. Level 82/7 Riverside Quay, Southbank.

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