The Most Expensive Houses In Sydney, Australia

We all know Sydney is a high-flying metropolis with some of the country’s most renowned real estate. Anyone with money wishes to spend their life in luxury in this beautiful city. Sydney is undeniably the city of gorgeous and very costly houses, therefore, we’ll talk about the ten most expensive Sydney houses today.

This post is about the most expensive houses in Sydney, Australia

10. Villa del Mare, Point Piper

Price: $39 Million

Lola Wang Li of Pyrmont has purchased the Villa del Mare mansion in Point Piper, which was forcibly sold by a company connected to Chinese billionaire Xu Jiayin. Ms. Wang’s background is unknown, but the trail of her previous property purchases suggests she is linked to some of China’s wealthiest and most prominent people. Villa del Mare is a world-class location that exudes all of the Mediterranean beauty throughout its six bedrooms and eight bathrooms. On Australia’s most prestigious street the property is nestled amid exquisite gardens on more than 1500sqm of land, with sweeping harbor views. There are spacious ensuite bedrooms on the upper level, as well as a self-contained apartment on the lower floor. A bar area and a spectacular entertainer’s kitchen are among the many formal and informal living and dining rooms.

The house is outfitted with the latest in automated smart home technologies, such as integrated security cameras and C-Bus touch screen interfaces. The main attraction is probably the infinity-edge pool with discreet outdoor speakers and excellent garden lighting from which you can take in the vista. From nearly every part of the huge property, mesmerizing vistas of Sydney’s beautiful Harbor may be savored. The dining and retail options in Double Bay are only a short drive or easy walk away, and the CBD is only a 10-minute drive away.

9. Mandalay, Point Piper

Price: $39.9 Million

The Point Piper trophy home was sold to Phillip Dong Fang Lee, a road construction developer, and his wife. The five-bedroom, five-bathroom European-style mansion with Harbor views was purchased for $20 million in 2004 by Toorak-bound ex-tobacco boss Bill Well. It was another non-waterfront property record for Sydney at the time, surpassing the $39 million paid by Chinese billionaire Xu Jiayin for the Villa del Mare mansion a few doors away late last year.

The house has been remodeled to the highest standards of quality, style, and workmanship. Outdoor living areas, a reflecting pond, and well-kept grass make the premises feel like a resort. There is a well-maintained 24-hour security system, as well as an automatic gate, a carbon monoxide detector, and a fire and smoke detection system. This home also features a BBQ area where everyone can congregate and enjoy their supper while admiring the scenery. The house has every amenity that a person might desire.

8. Villa Igiea, Vaucluse

Price: $52 Million

Villa Igiea in Vaucluse is one of the most expensive houses in Sydney Australia. The famous property, built in the 1920s, was sold off-market to 27-year-old “Jim” Shangjin Lin. Lin has a history of making large-scale real estate deals in Australia. Aqualand’s Chinese CEO handled property acquisitions worth more than $600 million on the company’s behalf. Wayne Burt, an entrepreneur who bought Villa Igiea for just over $17 million in 2005 and spent more than $10 million renovating the European-style mansion, was the previous owner. Burt added the property next door in 2009 for $4.9 million to create a 3000-square-meter hillside estate.

With limitless acreage, this is one of the largest mansions. Relax on the sun-drenched terraces or live in style in the newly rebuilt kitchen, which features Subzero Wolf state-of-the-art appliances. Fine fixtures will catch your attention as you pass through this magnificent home. Furthermore, every significant room in the property is fitted with Wi-Fi cameras, allowing you to monitor your home from afar.

7. Shein Family Home, Vaucluse

Price: $60 Million

The sale of two Vaucluse waterfront residences for a total of $60 million is included in this listing. Menulog co-founder Leon Kamenev now owns the property. At approximately 2000 square meters, there is a large residence with a pool and a tennis court. It’s a mansion with six bedrooms and nine bathrooms. This prominent house features a master suite with expansive ocean views, four separate guest apartments, and gorgeous courtyard gardens. With its ageless architecture, no other residence in town represents the classic Palm Beach. The house’s signature feature is its magnificent Cypress coffered ceilings, which were stenciled using a method known as a lime paste.

This property is ideal for an elegant family that wants to live in style, thanks to its expansive backyard and adequate living space. The home is also equipped with the most cutting-edge automated smart home technology, including integrated security cameras and C-Bus touch screen interfaces.

6. Portofino,Point Piper

Price: $60.6 Million

Portofino has breathtaking views of Sydney Harbour and the metropolitan skyline at a high price, of course. Neville Chrichton, a car importer, sold 3 Wingadal Place to Shanghai art collector Andy Song in 2016 for $60.6 million. It’s a wonderful example of Tuscan-style architecture, and it’s close to numerous other homes that have sold for tens of millions of dollars. This gorgeous trophy home, on the other hand, is in a league of its own. The property is on a 1,433sqm landholding in a protected cove on the prestigious Point Piper peninsula, with mesmerizing rifle barrel views of the Sydney Harbour Bridge and Opera House. The contemporary Tuscan-style home, designed by Ercole Palazzetti, has a large water frontage and a deep-water boat port that can accommodate an 80-foot vessel.

The magnificent harbor background is framed by resort-style living areas on two levels. The house has five ensuite bedrooms, including a lavish master suite, a two-bedroom guest apartment, and a separate movie room! Nearby neighbors include Frank Lowy and Anthony Sahade, as well as John Symond.

5. Altona, Point Piper

Price: $61.8 Million

In Point Piper, Altona is a Victorian Italianate-style home. It was erected in 1904 for MP and Supreme Court Judge Augustus James and his wife Altona. It has been owned by numerous people since then, including publisher Deke Miskin and industrialist Wang Zhijun. As of 2016, former Australian Prime Minister Malcolm Turnbull was said to be living a few doors down from the property. Jiaer Huang, the owner of a printing company, is the most recent buyer. The iconic Victorian Italianate home sits on 2400 Square feet holding after a proposed subdivision sale of the vacant $18 million tennis court block did not proceed after neighborhood objections.

Deke Miskin, a former youth magazine publishing sector entrepreneur, and his wife Eve, but also the Handbury family, organized many social gatherings during their stay. The Waterfront enhances the elegance of the home, and the owner could enjoy the natural beauty while sipping an evening tea. This unbelievable home with two private elevators, also consists of the upper-level grand master bedroom suite, with a separate wet bar, a fireplace, a spa, his and hers steam showers, and much more.

4. Phoenix Acres, Vaucluse

Price: $65.25 Million

Another lovely property in Vaucluse is Phoenix Acres. The opulent mansion would have topped the list of most expensive residences in Australia if it had sold for its 2017 asking price of $80 million. Its closing price of $65.25 million, on the other hand, is nothing to sneeze at.                Dr. Jerry Schwartz, a hotelier, and cosmetic surgeon bought the property from Singaporean real estate mogul Ow Chio Kiat. The estate, dubbed “Phoenix Acres,” includes a tennis court, conservatory, a 28-meter pool with “his and hers” change rooms, a library, a gym, and even a very own English-style pub, so yes, Phoenix Acres has a pub of its own! The sale is Australia’s fourth most expensive. ‘Phoenix Acres,’ a grandiose mansion commanding famous Harbor Bridge and City skyline views from a coveted 3,731 sqm waterfront parcel, is grand in sheer scale, architectural design, and bespoke finishing. The property has a remarkable 81m wide water frontage, as well as a private boathouse and jetty.

In total solitude, a lavish mix of indoor and outdoor entertaining rooms embraces the beautiful harbor view. In a property of magnificent proportions, enjoy an exceptional harbor-front lifestyle. This lovely home has six bedrooms, six bathrooms, and good security. Other amenities include exquisite open sitting spaces with fireplaces, patios with a view of the harbor, a magnificent dining room, don’t forget the tennis court, and a resort-style pool with locker facilities. There is also an exterior entry to a one-of-a-kind English-styled tavern, as well as an internal entrance to a triple garage.

3. La Mer, Vaucluse

Price: $70 Million

La Mer sold for $70 million in a private sale in 2015 before the two previous entries on this list were sold. In 2009 and 2010, James and Erica Packer bought the property and two adjoining homes. They demolished the other two houses after that and hired Tzannes and Associates to design an addition, with substantial portions of it underground. It’s easy to see why the property’s spectacular six-story mega house became one of the world’s most costly properties when you look at it.

Mr. Packer’s spokesman acknowledged that the house was sold to a local buyer, but provided no other information. The property on Wentworth Road had been under construction for three years and was supposed to be the couple’s matrimonial home, but it was left empty two years ago after they divorced. Under the rooftop grass and lap pool, the six-bedroom main mansion comprised underground parking for 20 automobiles, expansive entertaining rooms, and two self-contained servant quarters.

2. Elaine, Point Piper

Price: $71 Million

Another residence recently sold by the Fairfax family is the Elaine estate near Point Piper, New South Wales. Another tech billionaire, Scott Farquhar, bought this house for $71 million in 2017. The estate had not been updated since 1950 when Farquhar bought it. Because it had been abandoned for decades, one critic called the property, which was erected in the 1860s, as “underwhelming.” Regardless, it became one of Australia’s and the world’s most costly homes. According to the Australian Financial Review, it sold for the third-highest price of any residence in the world in 2017.

Stairs descend down from the stately foyer to the bottom level’s dingy quarters. In the kitchen, there are drab baby-blue cabinets and checkerboard linoleum. The ballroom is elegant, with a beautiful window seat overlooking the tennis court and the harbor, which has hosted numerous glamorous parties. The seven bedrooms and five bathrooms, on the other hand, are all unattractive.

1. Fairwater, Double Bay

Price: $100 Million

A lovely Federation Arts and Crafts-style property is first on our list of costly residences in Sydney, Australia. The historical architectural design and cultural value of the Fairwater home are listed on the New South Wales State Heritage Register. It was built under the leadership of numerous proprietors between 1882 and 1970. The most recent buyer of the Point Piper mansion was software millionaire Mike Cannon-Brookes, who paid a whopping $100 million for it in 2018. Fairwater was owned by the Fairfax family for more than a century.

The heritage Verona villa, created by architect Leslie Wilkinson, is smaller than the 1.12-hectare Fairwater estate that will be the couple’s future home, at 1200 square meters. When it settles, the Victorian home Fairwater, created by architect John Horbury Hunt, is believed to be Australia’s first nine-digit residential property transaction, surpassing the $71 million mark set by Cannon-Brookes’ buddy Scott Farquhar last year when he acquired the Elaine estate next door. Even after Lady Mary Fairfax died last year at the age of 95, a report from 20 years ago stated that she intended to gift Fairwater to the people of NSW; it was not expected to be put on the market.

Final takeaway:

I hope you enjoyed the topic. Tell me which house is your favorite and why!

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