Ever daydreamed about owning a piece of Aussie paradise, complete with a hefty price tag? Today, we're diving into the opulent world of Australian real estate, exploring the most expensive house sold in the country as of 2022. Buckle up – we're about to explore properties that will make your jaw drop!
In 2022, a breathtaking property in Sydney's prestigious Point Piper suburb shattered records, fetching a cool $130 million. This sale marked a pivotal moment in Australian real estate, setting a new standard for luxury living Down Under. But this isn’t just about one house – we'll also be taking a peek at other jaw-dropping properties across Australia that'll leave you green with envy. Get ready for a glimpse into a world of luxury beyond your wildest dreams!
Most Expensive Houses Ever Sold in Australia: A Historical Peek
Before we reveal the current champion, let's take a trip down memory lane and revisit some of the most expensive houses ever sold in Australia, each holding its own piece of real estate history.
#1 Most Expensive: $130 Million - Uig Lodge, Point Piper, NSW
- Sold Date: 2022
- Address: 29 Wentworth Street, Point Piper, NSW 2027
This Scottish baronial mansion perched on Point Piper's highest point, offering stunning Sydney Harbour views, became a symbol of ultimate luxury when Atlassian co-founder Scott Farquhar and Kim Jackson acquired it.
Key Features:
- Location: The ultra-exclusive Wentworth Street, known as "Billionaire's Row," in Point Piper.
- Architecture: A grand Scottish Baronial mansion.
- Luxury: Four bedrooms, each boasting unparalleled Sydney Harbour views.
This sale not only made history but also solidified Point Piper's reputation as the pinnacle of Australian luxury real estate. Wentworth Street, in particular, became synonymous with opulence and exclusivity.
#2 Most Expensive: $100 Million - Fairwater, Point Piper, NSW
- Sold Date: 2018
- Address: 560 New South Head Rd, Point Piper NSW 2027
Fairwater, a sprawling 1.12-hectare estate steeped in history, captivated hearts in 2018 when it was purchased by Atlassian co-founder Mike Cannon-Brookes and his wife Annie, ending the Fairfax family's century-long ownership.
Key Details:
- Size: The largest privately held property on Sydney Harbour.
- Heritage: Listed on the New South Wales State Heritage Register, a testament to its architectural and historical significance.
This sale underscored the allure of heritage properties in the world of luxury real estate.
#3 Most Expensive: $95 Million - Edgewater, Point Piper, NSW
- Sold Date: 2020
- Address: 92 Wolseley Road, Point Piper, NSW 2027
Even amidst global uncertainty in 2020, Edgewater, a stunning waterfront mansion in Point Piper, commanded a staggering $95 million.
Property Highlights:
- Waterfront: An enviable 40-meter harbor frontage.
- Amenities: Includes a tennis court and a deepwater jetty.
This sale solidified that even during turbulent times, the appeal of luxury properties like Edgewater remains strong.
#4 Most Expensive: $80 Million - Toorak Mansion, Toorak, VIC
- Sold Date: 2022
- Address: 29-31 St Georges Rd, Toorak VIC 3142, Australia
Melbourne's Toorak suburb claimed its own piece of the pie in 2022 with a property on St Georges Road selling for an incredible $80,000,088. This sale set a new benchmark for the area and crowned St George Street as the most expensive street in Melbourne.
#5 Most Expensive: $75 Million - Elaine, Point Piper, NSW
- Sold Date: 2021
- Address: 550 New South Head Road, Point Piper, NSW 2027
In 2021, Elaine, a historic Fairfax family estate with roots dating back to 1891, was scooped up by—you guessed it—Scott Farquhar. This acquisition emphasized the enduring appeal of heritage and prime location in the world of high-end real estate.
More Than Just Houses: Exploring Australia's Priciest Properties
While mansions dominate the top spots, Australia's luxury real estate scene is also home to other breathtaking properties with eye-watering price tags.
$140 Million - Penthouse, Tower 1, Barangaroo, NSW
- Sold Date: 2019
- Address: Tower/100 Barangaroo Ave, Barangaroo NSW 2000, Australia
This isn't your average penthouse. Occupying the top three floors of Tower 1 in the prestigious One Sydney Harbour development, this two-story marvel boasts a rooftop pool, spa, gymnasium, and nine bedrooms. Designed by renowned architect Renzo Piano, it's a testament to how luxury transcends traditional housing forms.
$60 Million - The Boyd Residence, Sydney, NSW
- Sold Date: 2021
- Address: Level 43/163 Castlereagh Street, Sydney, NSW
The ANZ building became the talk of the town in 2021 when Ian Malouf, founder of Dial-a-Dump, purchased The Boyd Residence penthouse for a cool $60 million. This 2400 square meter, four-bedroom, five-bathroom penthouse is a masterpiece of Art Deco and contemporary design, complete with a private rooftop pool and panoramic views of Sydney Harbour.
FAQs: Answering Your Burning Questions
- What is the most expensive house in Australia?
As of 2022, the title belongs to Uig Lodge in Sydney's Point Piper, sold for a record-breaking $130 million.
- Who owns the richest house in Australia?
That would be Atlassian's Scott Farquhar, the proud owner of Uig Lodge.
- Who owns the biggest house in Australia?
The title of largest home goes to Fairwater, a sprawling 1.12-hectare estate also located in Point Piper and currently owned by Mike Cannon-Brookes.
The Last Word: A World of Luxury
As we've explored, Australian real estate is no stranger to opulence. From grand historic estates to modern architectural marvels, these properties offer a glimpse into a world of luxury most of us can only dream of. One thing's for sure: the Australian luxury real estate market continues to thrive, setting new benchmarks and captivating hearts along the way.
