Hithero hidden behind high gates and security walls, the most expensive homes in Australia are now viewable via Google Maps and Street View for all to see.
Almost everyone enjoys secretly checking out that house down the street when it goes on the market: ultimately we’re all nosy parkers.
But until recently, the lifestyles of the richest Australians stayed behind closed doors. Now, thanks to the web, anyone selling their multimillion dollar mansion is inviting 23m Australians in for a viewing, even though only the top one per cent can afford to buy.
Australia’s most expensive home is a sprawling $57.5m Mosman Park property beside the Swan River in Perth. Bought by mining magnate Chris Ellison from heiress Angela Bennett in 2009, the home sold well below its original asking price of $70m.
Made up of three self-contained buildings, the vast 7567 square metre riverside mansion has its own private jetty, boathouse, tennis court, outdoor and indoor swimming pools, gym and cinema.
Huge floor to ceiling windows offer spectacular views from the luxurious oak panelled rooms.
With a booming market swollen by mining wealth, it’s no surprise that the priciest property in Australia is found in Western Australia.
As Sydney starts to move after several years of flatness, industry insiders believe NSW may reclaim the top spot from WA.
This week, after years on the market, one of Sydney’s most prestigious waterfront mansions, Altona in Point Piper, finally sold for $53m.
The Sydney record deal secured the property for a little-known Melbourne-based, Chinese-born businessman.
With iconic Harbour Bridge views, Altona boats a glorious private pool deck built over the water, and a pool cabana bigger than many homes.
Expertly designed by Dods & Zuccon Architects, the eight-bedroom ivy covered Italianate residence over multiple levels boats a luxurious home theatre and rooftop entertaining deck with jacuzzi.
Altona pips Coolong ($47m) in Vaucluse and Villa Veneto ($44m) and Craig-y-mor ($32.4m) in Point Piper for the top spot in Sydney.
The latter two properties are on Wolseley Road, at an average $20,500 a square metre the nation’s priciest address.
Wolseley Road is the ninth most expensive street on the planet according to the Wall Street Journal, some way behind Severn Road in Hong Kong, the Billionaire’s Row with the world’s most expensive real estate at $80,000 a square metre.
Melbourne’s most pricey home is a $25m mansion on Shakespeare Grove in Hawthorn that boasts two swimming pools, basement parking for 10 cars, a massive gym and seven kitchens. How many ways are there to boil an egg?
Queensland’s most expensive home is an ocean-front $11.3m property on the Gold Coast’s Hedges Avenue, which just pips the majestic $11.2m Farsley mansion in Hamilton Hill, Brisbane.
Perhaps surprisingly, an $8.5m home in Sandy Bay, Hobart sold to Tasmanian-born former Macquarie banker Greg Woolley is more pricey than the most expensive homes in the ACT (Mugga Way, Red Hill, $7.3m) South Australia (South Esplanade, Glenelg, $7m) and the resource-rich NT (Fannie Bay, Darwin $4.7m).
Australia’s most expensive homes
$57.5m 43 Saunders Street, Mosman Park WA
$54.5 Altona, 54-56 Wunulla Road, Point Piper, NSW
$47m Coolong, 23-25 Coolong Road, Vaucluse, NSW
$44m Villa Veneto, 98 Wolseley Road, Point Piper, NSW
$33m 90 Wolseley Crescent, Point Piper, NSW
$32.4m Craig-y-mor, 73 Wolseley Road, Point Piper, NSW
$25m 19-20 Shakespeare Grove, Hawthorn, VIC
$11.5m 213 Hedges Avenue, Gold Coast, QLD
$11.2m 39 Eldernell Terrace, Brisbane, QLD
$8.5m 44 Waimea Avenue, Sandy Bay, TAS
$7.3m 27 Mugga Way, Red Hill, ACT
$7m 14 South Esplanade, Glenelg, SA
$4.7m 94 East Point Road, Fannie Bay, NT