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More for Less: The Appeal of the Hunter Region

November 23, 2017

Australian Luxury Estate News

First-home buyers, “rentvestors” and lifestyle changers are driving strong growth in the Hunter Valley.  Local agents say former blue-collar areas, predominantly reliant on the coal mining industry, are booming given their proximity to the Hunter Expressway, while first-home buyers are looking to Australia’s oldest wine region after being priced out of the Sydney market.  Jurd’s […]

Future Housing Estates: Drone Landing Pads, Homes Built in Days

November 1, 2017

Australian Luxury Estate News

DRONE landing pads, driveways equipped to charge electric cars and modular houses that can be built in days — these could be a part of Melbourne’s housing future. With escalating land prices, lengthening commutes and increasingly technology-oriented lifestyles, a significant rethink of new housing estates and how we build homes is on its way, according […]

Chinese National Qi Yang Confirmed as Buyer of Melbourne's $40M Toorak Mansion

October 25, 2017

Uncategorized

The mysterious buyer of the St. Georges Road, Toorak, mansion has been revealed as Chinese national, Qi Yang. Yang placed a caveat over 18 St. Georges Road earlier this month, preventing other potential buyers from registering their interest in the property. It is believed that Yang paid $40 million for the 1920s estate, the highest price ever […]

Paul Hogan Syndicate to Pay $21M for Brisbane's Queen's Arms Hotel

October 13, 2017

Australian Luxury Estate News

A syndicate that includes former Crocodile Dundee star, Paul Hogan, is set to pay $21 million for Brisbane’s Queen’s Arms Hotel, on trendy James Street in Brisbane’s Fortitude Valley. It is understood the syndicate is headed up by Sydney publican and former Lewis Hotels’ head, Peter Ashelford, and Nick Politis.   The new fund is believed to be worth $100m, and recently purchased […]

NSW Real Estate: Sydney’s West Now the Target for Buyers of Bigger Properties

August 11, 2017

Australian Luxury Estate News

NORTHWEST and Western Sydney are now the homes of over-the-top mansions, with cashed-up buyers looking further afield as they search for space and lavish features.   The migration of the wealthy follows a boom in home prices across the eastern suburbs, northern beaches and lower north shore. Typical house prices in traditionally affluent suburbs such […]

Macquarie Park penthouse sold for record rate of $32,000 a square metre

June 25, 2017

Australian Luxury Estate News

Another week, another mulitmillion-dollar penthouse record sale. But the $5.6 million paid by the vendor was not for a Sydney Harbour trophy home, a Toorak mansion or a house in Peppermint Grove. Try a business park. The penthouse at Macquarie Park in north west Sydney sold for at record price after a foreign buyer snapped up an apartment […]

One of Sydney's Most Significant Commercial Sales

June 10, 2017

Australian Luxury Estate News

In one of Sydney’s most significant commercial property transactions this year, businessman Duncan Hardie has sold his four storey heritage building located adjacent to the MLC Centre at 106 King St SYDNEY for a record $360,000.00 per square metre. With a ground floor tenancy to ” Le Creuset ” and three floors of office space, […]

 

Atlassian’s Scott Farquhar Smashes $70 Million House Price Record to Buy Elaine in Point Piper

May 3, 2017

Australian Luxury Estate News

Scott Farquhar, 37, has come a long way in the property market since 2006 when he bought his first home, a two-bedder in Pyrmont for $1.41 million, where he still lives. Having started to outgrow the Jacksons Landing apartment, despite buying the adjoining two-bedder in 2013 for $1.35 million, Farquhar and his wife Kim Jackson […]

Gina Rinehart Joins Investors on Hunt for $200M in Rural Assets

April 6, 2017

Australian Luxury Estate News

Investors including Gina Rinehart are expected to cast a ruler over the AgCAP Sustainable Agriculture Fund, which comprises 17 farms across the country, valued at between $180 million to $200 million. AgCAP, which manages SAF on behalf of superannuation funds and capital investors, including the Australian Catholic Super, AMP Capital, the former AUSCOAL Super now […]

The Taiwan Tower That Will Create a Garden in the Sky

April 6, 2017

International Real Estate

In the nascent world of sustainable construction, architects are increasingly turning to high-tech solutions to limit the ecological impact.  Take Tesla’s Powerwall and self-cleaning carbon-consuming roof tiles. But not Vincent Callebaut.  The Parisian architect has looked to nature itself to cure the ills of modern construction methods. His Tao Zhu Yin Yuan project in Taiwan’s […]

This Is the Hottest New Amenity in Luxury Homes

March 30, 2017

International Living International Real Estate

For a long time, the suggestion of couples (at least couples under 70) sleeping in separate rooms was something of a taboo: It signaled a giving up—on romance, on sex, on the pretense of togetherness.  Sleeping apart was a death knell for a marriage, or at least a runway into the nursing home. Now, though, […]

Inside the $20 Million Mansion Where Justin Bieber is Staying During his Sydney Tour

March 28, 2017

Australian Luxury Estate News

Justin Bieber sent his Mosman fans into a frenzy of excitement on Friday after he blew his own cover by wandering the neighbourhood, in search of chicken it seems. The pop sensation was spotted at a charcoal chicken shop around the corner from the $20 million property he is renting on Coronation Avenue. Located on […]

What the World’s Richest Man Under 30 Owns in Australia

March 11, 2017

Property Investor Stories

Hugh Richard Louis Grosvenor – the 7th Duke of Westminster became the richest man on Earth under the age of 30 after his father Gerald died last year of a heart attack at the age of 64. The inheritance of 53,863 hectares of the British Isles, including properties in London’s Mayfair and Belgravia, have been […]

Knight Frank Wealth Report Shows Australia Still Mixing It with the Best

March 5, 2017

Australian Luxury Estate News

Knight Frank’s Wealth Report 2017 shows that Australasia was the strongest-performing region for luxury house price growth in 2016, with its luxury home price index climbing 11.4 per cent over the year. Knight Frank’s Prime International Residential Index (PIRI 100) index tracks the value of luxury homes in 100 cities around the world. The top performers for 2016 were Shanghai […]

Australia Still a Property Hot Spot for Chinese Buyers

March 4, 2017

Australian Luxury Estate News

The recent Chinese New Year holiday was a litmus test for the strength of Chinese demand for Australian real estate, with many investors combining the holiday period with buying property. Investorist, the global off-the-plan marketing site, surveyed its agents to gauge the level of interest in Australian property around the time of the Golden Week holiday and found […]

QT Hotels Revealed as Buyer of $6M Hunter Valley Vineyard Loggerheads

March 4, 2017

Australian Luxury Estate News

Boutique hotel group QT Hotels & Resorts is the buyer of Loggerheads, one of the Hunter Valley’s most impressive estates, Commercial Real Estate can reveal. The company paid $6 million for the 39-hectare property in December last year, sources have told Commercial Real Estate, adding to a portfolio of eight properties, including hotels in Sydney, Melbourne, Canberra, […]

Ferrari Boss Herbert Appleroth Sells Sydney Waterfront Apartment for $13 Million – Six Years After Leonardo DiCaprio Rejected it as a Rental

March 3, 2017

Australian Luxury Estate News

Ferrari boss Herbert Appleroth has sold his waterfront apartment for $13 million – six years after Hollywood actor Leonardo DiCaprio rejected it as a rental. Mr. Appleroth doubled his money on the five-bedroom home on Pyrmont’s Sydney Wharf after he purchased two brand new apartments in 2008 for $6.8 million and merged them into the […]

Billionaire Heir Furnishes Home with T-Rex Skull

March 2, 2017

Home Design International Real Estate

The seven-bedroom, 10-bathroom house on Hazen Drive hit the market last week for $US17.8 million. It’s owned by an heir to the biggest fortune in the state of Montana, according to public property records. The owner is one of the sons of Dennis Washington, who owns a construction and mining empire and is worth an […]

Melbourne to Shine with Australia’s Tallest Tower Approved

February 17, 2017

Australian Luxury Estate News

Crown Resorts and Schivello Group have received approval for their proposal to develop the Queensbridge Hotel Tower in Melbourne’s Southbank, named One Queensbridge, which is set to be Australia’s tallest tower upon completion. The 90-storey development designed by British-based architects Wilkinson Eyre will comprise 388 rooms in a luxury six-star hotel, along with 700 luxury apartments, […]

Iron Gate Estate and The Longhouse for Sale in String of High-End Wineries at Pokolbin to Hit the Market

February 9, 2017

Australian Luxury Estate News

Owners of high-end vineyards in the Hunter Valley have been selling up, with two more luxury properties at Pokolbin hitting agents’ books in January. ‘The Longhouse’ off Palmers Lane is expected to fetch around $1.65 million and the nearby Iron Gate Estate has been listed for between $8 and $10 million. But despite the surge in new […]