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Toorak was once again home to the most expensive house sale in Melbourne, with 14 Georges Road selling for $23.3 million. 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. 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. The property crowning Sapphire By The Gardens, a sparkling new dual-tower hotel and residence in the city, is a shell, and Adrian will customise it - including a showpiece supercar he owns which will Spread across 750 sqm, the four-bedroom penthouse has its own glass-encased elevator and foyer and 360 degree city, ocean and mountain views. The St Georges Road mansion made headlines before images were released, with the real estate agency Marshall White teasing the historic listing before details of the property - including what it looks like - were made public. Melbourne Luxury Real Estate Listings JB Hi-Fis chief executive sold 224 Kooyong Road, Toorak, for almost $14m. The historic property at 336 Glenferrie Road which was first Australias government house, Stonnington was originally built in 1890 by Cobb & Co coaches partner John Wagner who occupied it until his death in 1901. This beautiful Toorak home would be incomplete without a lift, powder room, heating and cooling, equipped wine cellar, a sauna, plenty of storage space and a basement parking for cars. 183 Musk Creek Road in Flinders also sold for major money. View luxury property information and photos, while filtering for your perfect home. 29 St Georges Road, Toorak, arguable St Georges Road's best - amazingly has sat unoccupied since 1991 half completed. Please try again later. That means that things have to be done in the right order and selecting the location and the right property in that location comes right at the end of the process. Abercrombys agent Jock Langley was tight-lipped about the final sale price. 46 Irving Road $40 million - Lindsay Fox mansion - incredible valuable - for it's massive land alone. Earlier, a dominant final quarter from the Vixens helped down the Queensland Firebirds 72-60 at John Cain Arena. 57 Clendon Road, Toorak: $22.1m in November, 6. Most Expensive Melbourne Melbourne 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.. The French Renaissance-style mansion on a 7113-square-metre block was bought for $5 million in 1991, by a 26-year-old cryptocurrency casino founder. A five-bedroom mansion in the wealthy Melbourne suburb of Toorak has shattered the Australian record for most expensive house sold at auction. 1. 92 Esplanade and 2 Kinane Street, Brighton, scored one of Victorias highest sales this year. MORE: Hepburn Springs pub set for revamp after selling for almost $2m, Oldest standing cottage for sale in Victorias own city of gold, Victorian lockdown extension a nightmare for home sales. Its a very grand old dame of a property with a rarefied air, Mr Keating said. 2. The stunning gardens with climbing roses add a high hedge to its attractiveness. Most Expensive Houses In Melbourne Melbourne Add articles to your saved list and come back to them any time. People couldnt build their projects, so they kicked the can down the road, saidIvan Kaufman, chairman and CEO ofArbor Realty TrustInc., which lends to landlords. The earliest data available shows the property was bought in March 1978 for $345,000. The luxurious main bedroom, located in its wing upstairs, has two dressing rooms and a luxury en-suite. 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. The previous owner was restaurant mogul Christopher Lucas. 8 Ottawa Road, Toorak, sold for $25m in an off-market deal. All rights reserved. Prestige markets were seeing very strong demand and many record prices were achieved,Kusher said. In light of this, The Property Tribune has dug through the archives and uncovered the best selling homes each year since 2013. The Victorian price benchmark is the $52.5 million paid for Stonington mansion in the neighbouring suburb of Malvern, which changed owners in 2017. Designed by architect George E Nichterlein, it has six bedrooms, five bathrooms plus two powder rooms, formal and informal living and dining spaces, a poolside summer house and a self-contained one-bedroom apartment. 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. Located about 42 kilometres south east of Melbournes CBD along the Mornington Peninsula, Morning Star sold for around $40 million. Three years after almost selling it to a Chinese developer for $36.2 million, Mt Elizas 63ha Morning Star has returned to 2. Toorak is known as one of the most expensive suburbs near the CBD with an average house price of $3 million! The stunning lobby serves as the homes central focus. A separate childrens zone has three beautiful bedrooms with built-in robes and desks, a playroom, a contemporary bathroom. Upstairs, you have three spacious bedrooms, including the master suite with dual walk-in closets, as well as two other bedrooms. Sub penthouse, Level 80+/60 Southbank Boulevard. They also include French doors that lead to gardens, an outdoor dining area, a tennis court, and a swimming pool. The buyers highly personalized layout will include five bedrooms and several lavish living areas beneath a 4m-high ceiling, all of which will be connected to voice-control technology and will employ circadian rhythm-based lighting to help maintain the health of the environment. 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. The Bensons Property Group founder and his wife Colleen first listed the level-82 sky mansion for $22m before raising the asking price to $25m. 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. Lockdown may have temporarily slowed the Melbourne market but some seriously spectacular homes are still up for grabs in Victorias capital. Top 10 most expensive metro property sales in the 2021-22 financial year Here is the full list: $43.1 million 47 Lansell Rd, Toorak $40.5 million 21 Coppin Grove, Hawthorn $38.5 million Orrong Rd, Toorak $35 million Sub penthouse, Level 80+/60 Southbank Boulevard, Southbank $31 million 39 Irving Rd, Toorak Melbourne real estate: most expensive houses for sale. Australia's 10 most expensive homes WebThe $43 million dollar home at 47 Lansell Road, renovated by international designers, is the most expensive property ever sold under the hammer. The record-breaking listing at 17 St Georges Road in Toorak. 2 Lascelles Avenue, Toorak, sold for $14.75m. It also has a swimming pool with a water wall courtyard, which is one of the houses greatest features. The welcoming bluestone entry hall leads to a lovely living room with handmade woodwork, a fitted library, and a large double-height gallery with a glass floor over a fantastic underground wine cellar and tasting area. We strongly recommend that you obtain independent advice before you act on the content. 2 Myvore Court, Toorak: $16.5m in July. WebFind Melbourne Property and Real Estate for sale. Not much is known publicly about the house internally, however, a fire occurred at the rear of the house a few years before the sale and had reportedly been left in the same condition since then. 46 Lansell Rd, Toorak. This property is one of South Yarras most ideal properties, set in one of Melbournes most prominent areas, next to the Royal Botanical Gardens, with every imaginable luxury and lifestyle to match. Top 20 Most Expensive Suburbs in Melbourne. The Muse sub-penthouse, 409 St Kilda Road, Melbourne: about $21m in August, 7. Despite the recent market decline, Ms Sagaria is confident the very top end of the market is unlikely to be affected, and there is a small pool of well-heeled individuals and family groups seeking trophy properties. The larger capital cities have begun to see early signs of recovery in house prices, but there is still a divergence between cities. 4-5 Myvore Court, Toorak: $25m in November. The grounds are well-manicured, with a north-facing pool and spa, decades-old trees with large canopies and plenty of off-street parking. Yes, $40 million is the cheapest house on this list. Living in Toorak means being close to everything Melbourne has to offer while still making your home in a super luxurious neighbourhood. Most expensive homes in Melbourne Blair House in the salubrious eastern suburbs enclave of Toorak carries an asking price of $65 million to $70 million. The most expensive house sold in Melbourne in 2018 was the Stonington mansion, sold by art dealer Rod Menzies for $52.5 million. A ground-floor master bedroom with a marble en-suite is a rarity. Opt Out of personalisation. The 42,000 square foot estate features a grand central atrium with a range of sitting and dining rooms. Toorak is known as one of the most expensive suburbs near the CBD with an average house price of $3 million! In 2018, art dealer Rod Menzies has sold his Malvern mansion for a house price record of $52.5 million. Price guide: $25m. 1. Price guide: $30m-$33m. This sold for $40 million last year. The 1.3-hectare site consists of a six-bedroom mansion and gatehouse, and was acquired by an undisclosed Chinese buyer. Mansions of monumental size and luxurious design line the boulevard, which runs between the main arterial of Toorak Road and the Yarra River. It is priced at $19 million. Not much known is about the inside of the house, due to the sale being off-market. Merricks North, 3926. 49 St Georges Road Toorak - $30 million. The home was treated to an overhaul at the hands of architects Carr Design, and luxury interior design practice Helen Green Design studio. Melbourne Luxury Real Estate Listings Most Expensive House in Melbourne 5. Mr Chiminello has labelled the abode second to none, while Mr Gibson called it incredibly beautiful. Discover luxury homes, villas, castles, apartments, penthouses for rent or for sale in Melbourne for investment and living. Malvern $2.85m 8. 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. It now features five to six bedrooms, three kitchens, seven living zones including a cinema room, a teppanyaki grill, a wellness zone, a tennis court and a pool. PropTrack economistCameron Kusherpredicts premium property would continue to steam along, despite Melbournes property price growth slowing. The large home is located in an isolated cul de sac with vast surrounds, which adds to the attractiveness of the property. Further, the home offers a bounty of bedrooms including a palatial main bedroom suite that features a substantial dressing room, ensuite, private gym and rooftop sun terrace. Deep-pocketed property developer Elias Jreissati has been aiming to offload his spectacular full-floor Eureka Tower apartment since 2019. Ms Sagaria believes while it is difficult to assess their value, these homes are probably the most expensive in Melbourne, and many of them are located in Toorak. 2601A/250 Spencer Street, Melbourne: $12.6m in June, Sources: realestate.com.au, Real Estate Institute of Victoria and industry sources, Some off-market or undisclosed transactions may be missing, READ MORE: Ascot Vale: renovated Edwardian aiming for sale just before Christmas, The Emerald Hotel: South Melbourne racing institution sells to real estate identity, Keilor real estate: house thats fit for a king set for auction. Melbourne Millionaires sunk extravagant amounts of money into the Mornington Peninsula and Toorak this year, as the top end of town was largely unscathed by coronavirus. Price guide: $30m-$33m. The house was owned by John Zeigler, the retired Asia Pacific chairman of DDB, an ad agency. Ray White senior economist Nerida Conisbee agrees that theoutlook for luxury propertyAustralia-wide remains positive despite the general slowdown in the market. Melbournes high-end property marketbenefited from strong demand over the 2021-22 financial year, and that has continued to date with seven- and eight-figure properties selling both on- and off-market every day. Melbourne, coastal capital of Victoria in Australia, has few of the most-costly residences in the country. Close to parks, Domain Road restaurants, outstanding schools, and the Yarra River, this property is undoubtedly located in one of Melbournes most valued areas. 2 Myvore Court, Toorak, and a vacant block next door also sold this year. 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. 12 Fairlie Court, South Yarra: about $17m in December, 10. The manicured grounds occupy 7800 square metres. The ground level also has separate formal dining and a furnished study room. And while demand has definitely decreased from the heady days of last year,A-grade propertieswill always be sought after by buyers. How Metropole can help you buy an investment property, Property investment in Australia for foreigners and expats, Victorias most exclusive and affluent suburb. A brand-new Toorak mansion was the most expensive house sold in 2016, with 9 Towers Road selling for $26 million. Offering a touch of the English countryside in Melbournes Toorak comes this sprawling 4236sqm property on Grange Road. This house is a dream, set far back from the street and entered by two driveways, with exquisite lounge and dining rooms, a big garden, a family room, and a games area with a wet bar. But a Southbank apartment and a castle-like St Kilda East house with a whopping nine bedrooms are also among our most elite homes for sale. Multi-millionaire buyers can finally get a look inside the Melbourne mansion that is the most expensive home ever for sale in Victoria. So, you can imagine how much this apartment is worth it. The sale occurred ten years after the former government house was controversially transferred into private hands for $17.5 million. Curiously, and indeed preferably for some, the apartment is being sold as an empty shell, ready for the owners-to-be to curate as they please.