window['fe-co-audience-experiments-fe-co-audience-experiments_1'] = {"position":"middle","theme":"domain"}; window['fe-co-property-driver-fe-co-property-driver_1'] = {"propertyId":"2016459212","propertyUrl":"https://www.domain.com.au/42-vaucluse-road-vaucluse-nsw-2030-2016459212","title":"SOLD - Price Withheld","price":"SOLD - Price Withheld","auctionDate":"","address":"42 Vaucluse Road, Vaucluse NSW 2030","features":[{"name":"bed","value":5},{"name":"bath","value":5},{"name":"parking","value":2}],"featureImg":"https://res.akamaized.net/domain/image/fetch/t_web/c_fill,h_440,w_660/https://bucket-api.domain.com.au/v1/bucket/image/2016459212_1_1_200826_074208-w1280-h853","publication":"domain","isPremium":false,"target":"_blank","isCTAMode":"true","layout":"default","auctionUrl":"","auctionCTAText":"","imageIndex":0,"theme":"domain"}; A young Australian Chinese couple – who had never bid at auction – walked away with the keys. The property has broken Mr Pallier’s previous record of selling the most expensive house at auction to media scion Lachlan Murdoch in, Techie Robin Khuda’s $40m, four-month cash splash on prestige real estate, The Star casino chief Matt Bekier joins the groovers of Newtown for $5.8 million, Press scion Alexander Ma’s Vaucluse house sells for more than $30 million. Interior designer Nina Skrzynski’s Darlinghurst Glasshouse with $3.5m guide a cut above the rest, Singer songwriter Don Spencer selling in Horizon: ’I never get sick of the view’. A QUIET Sydney couple are behind the secret hideaway estate in exclusive Rose Bay which looks set to topple Australia’s most expensive house record of $71m. We are no longer accepting comments on this article. Mr Donovan credited the prestige market’s resilience on a combination of a flight to quality by high net worth buyers and a lack of high-end houses for sale. Where indicated, third parties have written and supplied the content and we are not responsible for it. Prefer us not to? We strongly recommend that you obtain independent advice before you act on the content. Fairwater — the Point Piper home of the late Lady (Mary) Fairfax, who died last September — had a price guide of $100 million. Edgewater was built in the 1980s by Michael Edgely, a show-businesses entrepreneur who among other credits produced the Australian film 'The Man from Snowy River'. The Italian Renaissance mansion was built in 1890 and sold by art dealer Rod Menzies to an unnamed Asian buyer. Nearby Wolseley on Wunulla Road sits 'Altona', a Victorian Italianate … The sale is the highest recorded nationwide this year, followed by the historic Elizabeth Bay residence Berthong that was offered to the market for $35 million for four years before it sold to retired car dealer Laurie Sutton. Homes at Beaumont, Medindie, North Adelaide, Gilberton, and Erindale were also among the most expensive sales for the year, while 49 King St at Brighton, with a sale price of $4.6 million, was the only coastal property to make the top 10. The Urban Developer is Australia’s largest, most engaged and fastest growing community of property and urban development professionals. The view from 'Edgewater' at Point Piper which has been reportedly sold for $95 million in the second highest house sale in the country. “As a valuer I should feel uncomfortable with the sort of results we’re seeing at that top end, but I am comfortable with where values are pinned because they’re all to asset-based buyers. “It was very competitive, there were bids coming from all over the room.”. The same property last traded in 2011 for $39 million. The house sits on an 1,800sq m block with a 40m water frontage - that includes the only harbour-front tennis court in Sydney. Australia’s Most Expensive Home Sells for $140m. Point Piper estate Elaine. A Vaucluse house has sold for an eye-watering $24.6 million, smashing its reserve by $10.6 million and. The Coolong Road residence is a direct neighbour to the half-built house of banker Ron Malek, left, and Marnie Lewis, right, daughter of the late property tycoon Bernard Lewis. Source: Facebook. Image: Renzo Piano Building Workshop. Lucy Macken. ... 3. The price also eclipses the $100 million paid by Atlassian co-founder Mike Cannon-Brookes and his wife for the Fairwater Mansion at Point Piper—a record at the time. The Vaucluse property, which boasts spectacular harbour views, a pool and a tennis court, was home to the late Japanese businessman Akihiko Terada. Cannon-Brookes and his wife Annie have also reportedly  recently purchased the former mansion of Jennifer Hawkins and Jake Wall, continuing their property splurge. The Vaucluse mansion La Mer. At least four other $40 million-plus apartments have transacted off the plan at One Barangaroo to date. Adelaide’s leafy city fringe suburbs have yet again dominated the list of the state’s most expensive house sales of 2018. Located in the Barangaroo South precinct, the Lendlease-developed apartment cluster comprises 317 apartments in tower one, 297 apartments in tower two and 150 apartments in the 29-storey third tower. The hammer fell at $24.6 million, well above the $14 million reserve. Billionaire software tycoon Mike Cannon-Brookes and his wife Annie (pictured) purchased nearby 'Fairwater' for $100million and also reportedly the former mansion of Jennifer Hawkins and Jake Wall for a record $24.5million in the Northern Beaches, Casa Paloma (pictured) in Sydney Northern Beaches was bought by Mike Cannon-Brookes  and was previously owned by Jennifer Hawkins and Jake Wall, Summer fun: Outside Casa Paloma, there is an al fresco dining area, bar, pizza oven, barbecue, sunken lounge, boat shed, jetty and L-shaped infinity pool. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Lendlease Property chief executive Kylie Rampa said that the sale represents a paradigm shift in the market. Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. “We didn’t expect that price. The home last traded for $11.33 million in 2013. The three towers are slated for completion in 2023. The spectacular five-storey Point Piper property called Edgewater features a private jetty, tennis court, and huge terraces on each level overlooking Sydney Harbour. It' s estimated to be worth $8.3million. Sydney auctions: Vaucluse house smashes Australian auction record, selling for $24.6 million. Fairwater — the Point Piper home of the late Lady (Mary) Fairfax, who died last September — had a price guide of $100 million. 5. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Stay up to date and subscribe to the latest news, projects, deals and features. La Mer, Vaucluse, NSW. Stonington Mansion in the exclusive suburb of Malvern, broke the Victorian house price record when it sold in 2018 for the record breaking price of $52.7 million. The unberbidders were a local Australian and a Chinese buyer. An anonymous local buyer acquired both the tower’s “premier” penthouse and neighbouring sub-penthouse to form a nine-bedroom, three-storey residence with 1,600sq m of living space a roof-top pool, spa and gymnasium. Save. The seven-bedroom, eight-bathroom residence on 1800 square metres comes complete with a separate self-contained apartment, harbourfront pool, private jetty, slipway, boathouse and a tennis court on one of Vaucluse’s most coveted streets. “We are confident that the balance of the building will be highly-sought after in the coming weeks,” Christie said. Each of the levels also features floor-to-ceiling glass walls looking out over Sydney Harbour and the house can be used as two self-contained dwellings, each with their own kitchens and bathrooms. While details on the purchaser have not been released, a deal was quietly reached earlier in September after lengthy negotiations, according to Domain. The next highest sale was recorded in Perth where the Dalkeith trophy home built by late businessman Alan Bond sold for $27.5 million. Mike and Annie Cannon-Brookes. The five bedroom house at 42 Vaucluse Road attracted 25 registered buyers, of which only 12 got a chance to bid. Sydney's Eastern suburbs houses some of the most expensive homes in Australia. Coolong Road is arguably the best street in Vaucluse. Sydney’s prime market now outranks Berlin, Dubai and Shanghai for average luxury prices—sitting at around $27,000 per square metre in 2018.

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