Australia's rich splashed $336 million on the ten priciest homes of 2024
When money is no object, this is what you can afford in Australia’s property market.
Australia’s richest home hunters splashed a total of $336 million on the ten most-expensive homes sold this year.
Domain’s research team reveal the highest sale of 2024 was a $51.5 million estate overlooking the harbour at Point Piper.
Named Notrella, the landmark estate covers more than 950 square metres, crowned by a Queen Anne-style manor.
It was described on the Forbes Global Properties’ listing as having “romantic storybook appeal” and was owned by a member of Sydney racing society.
Former politician Clive Palmer also hopped into the top ten with an historic Gold Coast deal.
Number 1: Point Piper, $51.5 million
By far and away the most paid for a property in 2024, Notrella’s deal was inked in March.
The elegant mansion has eight bedrooms, vast verandahs, several living zones and French country flair.
Domain reported the vendor was fourth-generation horseman Tom Magnier, the stud manager of Coolmore, who bought it in 2006.
Number 2: Toorak, $40 million
Former yoghurt mogul David Prior was the vendor of the elegant estate – the only Victorian transaction in the national ten top.
The home was itself is an icon of the suburb, but Melburnians outside of Toorak knew it as being next door to a significant mansion that was bulldozed several years ago, which caused much ire.
Prior’s property achieved a price to rank it as the finest home sold in Victoria in 2024. It has five bedrooms, a swimming pool, tennis court and Paul Bangay-crafted gardens.
3. Rose Bay, $38.5 million
The contemporary mansion overlooking Sydney Harbour was designed by Studio Johnston.
With a lift to whiz between the three levels, the new owner can choose from deep balconies and entertaining terraces to watch the sun set over the famous bridge.
The kitchen was is next level, with the rarity of walk-in cool room.
4. Vaucluse, $31.75 million
The mansion, elevated and set in Italian-style gardens, came with approval for a new dwelling, should the buyer have more contemporary tastes.
5. Vaucluse, $30,388,000
Named Rockpool, the four-bedroom home has entertaining at the forefront with multiple outdoor zones that take in unobstructed views of Sydney Harbour.
The waves seem to touch the edge of the terraces.
6. Mosman, $30 million
The price for the sparkling home on the Balmoral Slopes was just $3 million shy of the elite Sydney suburb’s record, and inked after just two weeks on the market.
The multi-level stunner is so finessed it has been featured in design magazines.
7. Rose Bay, $30 million
There is no photo available of this harbourside gem, such is the private nature of deals in the top tier of the market.
8. Noosa Heads, $30 million
Dubbed the “residence of a lifetime”, the open-air home faces the privacy of the peaceful Noosa waterway, and is designed to look as though it is floating above its natural environment, barely touching the soft sand of the riverbank.
9. Mermaid Beach, $28 million
Businessman and former member of parliament Clive Palmer dropped the eight-figure sum on this beachfront beauty.
He set a Gold Coast price record with the deal for the house on a triple block with 30-metres of sandy frontage.
10. Palm Beach, $26.25 million
The handsome property with a view, named Karala, has pavilions edged in breezy curtains, a pool that seems to touch the horizon and warm interiors to speak to its location.
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