Australia's 10 most expensive residences

October 18, 2019

Australia has its first nine-figure sale price for an apartment, and the highest price ever for a residential property. Take a look at the top tier of the nation’s residential real estate and the most expensive properties sold.

1. Top three floors, Tower 1 in One Sydney Harbour, NSW 
Vendor: Lendlease
Buyer: Unknown
Price: $140 million+

2. Fairwater, Point Piper, NSW
Sold: September 2018
Vendor: Fairfax family
Buyer: Tech billionaire Mike Cannon-Brookes
Price: About $100 million

The Point Piper estate, Fairwater. Photo: Sydneyimages.com

3. Elaine, Point Piper, NSW
Sold: April 2017
Vendor: Fairfax family
Buyer: Tech billionaire Scott Farquhar
Price: $71 million

Point Piper estate Elaine.

4. La Mer, Vaucluse, NSW
Sold: August 2015
Vendor: James and Erica Packer
Buyer: Businessman Chau Chak Wing
Price: $70 million

The Vaucluse mansion La Mer.

5. Phoenix Acres, Vaucluse, NSW
Sold: December 2017
Vendor: Singaporean tycoon Chio Kiat Ow
Buyer: Hotel mogul Dr Jerry Schwartz
Price: $65.25 million

The Phoenix Acres mansion in Vaucluse Photo: undefined

6. Altona, Point Piper, NSW
Sold: November 2016
Vendor: Businessman Wang Zhijun
Buyer: Businessman Jiaer Huang and family
Price: $61.8 million

The Altona mansion in Point Piper Photo: Michele Mossop

7. Portofino, Point Piper, NSW
Sold: November 2016
Vendor: Car importer Neville Crichton
Buyer: Stock trader Andy Wenlei Song
Price: $60.66 million

Point Piper's Portofino mansion Photo: Robert Pearce

8. Two-level apartment in Barangaroo One, NSW
Vendor: Crown Resorts
Buyer: James Packer
Price:  $60 million+

Barangaroo One is the tower at far left. It is under construction.

9. Shein family home, Vaucluse, NSW
Sold: April 2016
Vendor: Technology entrepreneur David Shein
Buyer: Menulog co-founder Leon Kamenev
Price: $60 million

The double waterfront property bought by Leon Kamanev for $60m as part of a package of four properties. Photo: James Brickwood

10. Rona, Bellevue Hill, NSW
Sold: 
October 2018
Vendor: 
Property tycoon Terry Agnew
Buyer: 
Cattle and property investors Jacqui and Richard Scheinberg
Price: 
$58 million

The Victorian rustic Gothic mansion Rona, built in 1883. Photo: undefined
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