Yesterday
Two $17.5m house sales show top end strong as market softens
Buyer caution is growing as interest rates are expected to stay higher for longer, but that’s not worrying the top end.
- Michael Bleby
This Month
Seven’s new Boral bid; Mercedes mortgage pain; $77m Toorak double deal
Read everything that’s happened in the news so far today.
- Exclusive
- Sales
Gold bullion chief expands harbourside block with Vaucluse buy
Pallion COO Paul Cochineas has expanded his blue-chip Vaucluse foothold, paying $17.6m for a neighbour’s home.
- Bonnie Campbell
- Exclusive
- Sales
Findex family behind $77m Toorak trophy home double deal
Findex co-founder Spiro Paule and his wife, Conny, have emerged as the mystery circa $40 million buyers of the grand Toorak estate of the late fund manager, David Hains.
- Bonnie Campbell
- Exclusive
- Sales
Mornington moves: Silbery to farewell ‘Portsea playground’
Health and pet care entrepreneur Craig Silbery has listed his Portsea escape, while Melbourne’s Biddick family snap up a second clifftop estate.
- Bonnie Campbell
Showdown in the bar as ‘insane’ auction for luxury $4.8m home drags on
In a sellers’ market, the buyer of a newly built waterfront property had to meet a price the selling developer wanted – but she made him work for it.
- Michael Bleby
Rupert Murdoch relists his NYC penthouse at a $35m discount
The triplex in New York’s Flatiron district is priced almost 38 per cent lower than when it was first put up for sale in 2022.
- James Tarmy
- Exclusive
- Sales
Billionaire Smorgon family to sell family farm Benwerrin
The Toorak-based Smorgons have listed a long-held family farm complete with five-bedroom luxury residence.
- Bonnie Campbell
- Exclusive
- Sales
Wallabies great snaps up rural retreat in impulse buy
The former Wallabies captain and his wife, Julie, have emerged as the buyers of a luxury rural retreat in the NSW Central West town of Orange.
- Bonnie Campbell
- Exclusive
- Sales
Eastern suburbs’ elite sell their trophy mansions
Investors Mutual CEO Damon Hambly and wife Philippa Haydon have listed their Bellevue Hill home for $23 million, while Sue Ingham is downsizing in Darling Point.
- Bonnie Campbell
- Exclusive
- Sales
Billionaire pharma boss buys into South Yarra
Pharmaceuticals boss Dennis Bastas has taken the keys to a sleek house in Melbourne’s east for $10.5 million.
- Bonnie Campbell
- Exclusive
- Sales
Melbourne print boss offers ‘hardly lived in’ $28m Point Piper pad
Printing heavyweight Wayne Sidwell lists his Point Piper pied-à-terre asking $28m, while the Penn family seek a strong return on their Double Bay investment
- Bonnie Campbell
March
Rich Lister’s Gold Coast project woos Sydneysiders at $17.5m a pop
The Mantaray is part of a fresh wave of luxury development on the Gold Coast, led by high-profile players and fuelled by cashed-up buyers, often from interstate.
- Nick Lenaghan and Larry Schlesinger
- Exclusive
- Sales
Three trophy home sales in Sydney’s east fetch $68m
Wealthy buyers are moving to lock down prestige offerings in a city that has just been ranked fourth globally for super-prime sales.
- Bonnie Campbell
- Exclusive
- Sales
‘Kaftan Queen’ Camilla Franks farewells eclectic home in Sydney’s east
The fashion designer’s Woollahra home is about to hit Sydney’s prestige market as she prepares for her Bondi return.
- Bonnie Campbell
- Exclusive
- Sales
Toorak estate of late David Hains sells for $40m
The Toorak home of late Melbourne billionaire David Hains has sold for about $39 million after a year-long campaign.
- Bonnie Campbell
- Exclusive
- Sales
Lendlease’s luxury tower One Sydney Harbour welcomes first residents
Lendlease’s long-awaited luxury residential project in Barangaroo, One Sydney Harbour, has welcomed the first residents into the precinct’s tallest tower.
- Bonnie Campbell
- Exclusive
- Queensland residential property
‘Super home’ built without a budget lists with no price guide
Founder of Vita Group Maxine Horne has listed her designer New Farm home, while across the Brisbane River a resort-style offering will test Hawthorne’s record.
- Bonnie Campbell
These are the best countries for wealthy expats
The growing wealth gap in many western countries is pushing some to restrict tax and citizenship benefits aimed at expats. So where can they go to protect their assets?
- Alice Kantor
- Exclusive
- Sales
Rich Lister to sell South Yarra penthouse
Former Sonic Healthcare chairman Michael Boyd is offloading his luxury Melbourne bolthole, while Rokt co-founder Ben Voltz is selling his Toorak home ahead of Sydney move.
- Bonnie Campbell
