Australian house prices

PHOTO: Sydney, Australia

Australia’s real estate market is rampant at the moment, following on from a year where property values increased 22.1 per cent.

While almost all homes across the nation have seen values swell, though, it’s the blue-chip, top-end of the market where prices have really been kicked into overdrive.

Just last week, we brought you news of a very weathered fisherman’s shack in the coastal Victorian locale of Portsea that had been listed with a price guide of $27.5 million to $30 million.

However, the remarkable asking price of the humble beach house is just the tip of a particularly exxy iceberg.

And, while most of us sadly can’t fork out the requisite coin needed to call these mega-mansions home, it is undeniably a guilty pleasure to have a sticky beak at what eight figures will buy in today’s market.

So, here are four properties that will break the bank and your concept of what a home can be:

23 Killara Avenue, Hamilton, Queensland – $15 million-plus

Queensland Victoria Western Australia property real estate mansion penthouse millions
23 Killara Avenue, Hamilton, Queensland, is listed for$15 million-plus (Domain)

Spread over 4258-square-metres of pristine, serene grounds in the perennially upmarket suburb of Hamilton in inner-city Brisbane, this six-bedroom, seven-bathroom home typifies what the postcode exudes — pure class.

Built in 1910 and named ‘Ruhamah’, this stunning home boasts every modern convenience and luxury you could think of while also providing a level of grace and sophistication that modern McMansions simply can’t match.

The gorgeous two-level residence offers a massive indoor pool house, championship tennis court, chef’s kitchen with butler’s pantry, lower level seven-car garage and an alfresco dining area with a unique Tepanyaki terrace.

 

4701A/625 Chapel Street, South Yarra, Victoria – $20.4 million

Queensland Victoria Western Australia property real estate mansion penthouse millions
4701A/625 Chapel Street, South Yarra, Victoria, is listed for $20.4 million. (Domain)

With sweeping 360-degree views that enable occupants to gaze out to Melbourne’s arresting CBD silhouette and Port Phillip Bay, this penthouse is what sky-high living for the ultra well-heeled looks like.

With a devastating, wince-inducing asking price of $20.4 million, it’s easily one of the most expensive apartments ever listed in Melbourne.

And, for that coin, buyers could easily opt for an equally staggering mansion just about anywhere in the state.

But, by ditching terra firma for the dizzying heights above the clouds, this home offers buyers something truly unique in the South Yarra property market… the new owners would probably have to unfriend anyone who suffers from acrophobia, though.

 

5/11 Brown Street, East Perth, WA – $20 million

Queensland Victoria Western Australia property real estate mansion penthouse millions
5/11 Brown Street, East Perth, Western Australia, is listed for $20 million. (Domain)

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