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First-Home Buyers Can Dodge Stamp Duty on $1 Million-Plus Homes

February 8, 2018

Australian Luxury Estate News

FIRST-HOME buyers could buy million-dollar properties without spending a cent on stamp duty. But most of them aren’t aware of the quirk in the rules that could save them thousands of dollars, according to industry experts. When the State Government changed the rules for stamp duty payments for first-home buyers in July last year, a little publicised […]

Smart Homes, Blockchain and AI: How Tech Will Change Property in 2018

January 13, 2018

Australian Luxury Estate News

  Last year was a strong year for digital change with the arrival of Amazon, the launch of the Google Cloud Platform in Australia, Google Home and Amazon’s Alexa expanded and bitcoin went from $1000 to $22,000, with property owners willing to sell for the cryptocurrency. In the property space, we saw enormous growth of fractional […]

Best Luxury Features in Dream Homes in 2017

January 9, 2018

Australian Luxury Estate News

From a grand marble staircase to an outdoor pavilion, high-end Australian homes have over the top features most of us will only ever read about. Here’s a look at the best design features that money can buy as seen in high-end properties put on the market in 2017. Infinity pool with an incredible view It’s […]

Fitness Guru Michelle Bridges Outbids Chef Luke Mangan for $2.7M Weekender

January 5, 2018

Australian Luxury Estate News

It was a celebrity showdown at the auction of a Southern Highlands holiday house this week when fitness guru Michelle Bridges went head-to-head against chef Luke Mangan. Ultimately, Bridges came away the winner after a $2.7 million final bid on the five-bedroom homestead in Kangaloon at one of the last auctions for 2017. Local Southern Highlands sources say Bridges’ purchase ends […]

Phoenix Acres Deal is Australia’s Highest Waterfront Sale of all Time

January 2, 2018

Australian Luxury Estate News

  A SYDNEY mansion which just sold for a mammoth $67 million has set a new Australian record. The house at 38B The Crescent in Sydney’s Vaucluse has just been sold to an unnamed Australian family, and its jaw-dropping price tag means it is now officially the country’s highest-ever waterfront sale. It is also the third […]

Property Watch: Pokolbin Estate Listed for Sale with $5.5 Million Price Guide

December 25, 2017

Australian Luxury Estate News

A “spectacular” 25-acre property right in the heart of Hunter Valley Wine Country with a guide of $5.5 million is being marketed as “the most talked-about listing to come to market this year”. Cain Beckett of Jurds Real Estate is marketing the property at 138 Gillards Road, Pokolbin. It features a luxurious homestead with breathtaking mountain views […]

ASX Chief Dominic Stevens Buys $21 Million Mansion in Bellevue Hill

December 24, 2017

Australian Luxury Estate News

Late settlements on some of this year’s top sales have revealed an interesting line-up of buyers, including the more than $21 million purchase by ASX chief executive Dominic Stevens and his wife Emma. The couple are trading up from one Bellevue Hill home to another after they bought the historic Belhaven trophy home of fellow corporate […]

Waterfront Home in Birchgrove Tops the State with $7.225M Sale

December 23, 2017

Australian Luxury Estate News

  A WATERFRONT home in Birchgrove has sold under the hammer for $7.225 million, the top sale across NSW for the week. The four-bedroom house at 31 Wharf Rd, named Clevedon, drew in five registered bidders, with four actually competing. There were over 150 people present to witness the sale, with selling agent Lynsey Kemp of Belle Property […]

James Packer Sets New Record With $60 Million Apartment

December 22, 2017

Australian Luxury Estate News

BILLIONAIRE James Packer has splurged an astonishing $60 million on a new Sydney bolt hole in the heavily anticipated Crown Resort complex. Crown have released a statement addressing the sale: “Crown has reached in-principle agreement with Mr. James Packer to sell two floors of the Crown Sydney Residences at the Crown Sydney Hotel Resort to […]

 

Biodynamic Vineyard Expected to Fetch $10M

December 14, 2017

Australian Luxury Estate News

The boutique Krinklewood Biodynamic Vineyard winery in Broke has been listed for sale. The 59-hectare property features a three-bedroom architecturally designed colonial homestead and 19-hectare vineyard and is tipped to fetch about $10 million.  The fully certified organic and biodynamic vineyard was planted by the Windrim family in 1998.   The property is surrounded by animal life, […]

Vintage Picks: Dark Horse in the Hunter Valley

December 3, 2017

Australian Luxury Estate News

Dark Horse, an equestrian-inspired vineyard with a luxe cellar door and a well-regarded wine brand, has been listed for sale at Lovedale. The 25-acred Hunter Valley, NSW, wine country offering is an award-winning boutique vineyard with around 7.5 acres under vine with semillon and chardonnay, first planted in the 1960s.  The wines are small batch […]

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 […]