Sydney trumped for highest deal in $5 million auction twist

By
Emily Power
October 7, 2024

It is not common that Sydney is trumped in the battle for the week’s highest auction deal.

But on the weekend, a landmark Brisbane estate captured the nation’s top spot with a mega transaction.

The most expensive sale at auction in Australia on October 5 was 122 Abbotsleigh Street, Holland Park, which went for $5 million.

Auction
122 Abbotsleigh Street, Holland Park QLD 4121
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The handsome home, named Mathers’ House, was built in 1937 for a prominent retailer, and was sold by Place Estate Agents New Farm.

The estate spreads 1650 square metres and includes a Spanish Mission-style mansion overlooking vast, manicured grounds.

From its bougainvillea-draped terraces, to the city views, romantic timber staircase and modern flourishes, the property marries the old world with the new and doesn’t scrimp on high-end detail.

The Holland Park stunner is a landmark Brisbane home and traded in for $5 million. Photo: Place Estate Agents New Farm

“Upon entry you are greeted by wisteria framed arches, the original solid mahogany door, art deco wallpaper and a vintage 1930’s glass display cabinet,” the listing explains. “The interior of the home is a harmonious blend of classic and contemporary design.”

The agents behind the campaign were Sarah Hackett and Lauren Marmotta.

The country’s second-highest sale on the weekend belonged to Sydney.

The Wahroonga home, which transacted for $4.55 million, is eco-smart and reuse rain water. It is also fitted with solar panels.

SOLD - $4,550,000
62 Westbrook Avenue, Wahroonga NSW 2076
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The glass encased pool has a leafy outlook, in a suburb on the coveted upper north shore.

Pello Upper North Shore agents Caitlin Hardy and Alex Mintorn handled the deal.

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