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 QLD 4007
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.
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.
Everyone living in Perth may well be trapped at the moment, but if you were the individual lucky enough to call this palatial mansion in the sky home, would you ever want to leave?
Called “Perth’s finest penthouse” by real estate agency William Porteous Properties International, this multilevel residence in the revered Mardalup Building in East Perth more than lives up to its lofty title.
Six bedrooms, eight bathrooms and eight parking spaces only tell half the story of this high rise home.
The total living space nudges 1900-square-metres in totality, split between 898-square-metres of internal living space and 774-square-metres of outdoor living space.
Private rooftops pool, wine cellar, private elevator, home theatre, sweeping views – this penthouse is the residential equivalent of a lobster thermidor with the lot.
Set smack-bang in the dress circle of the coveted neighbourhood of Hope Island, this architecturally designed home boasts elegance and a huge foothold in the primest of prime Gold Coast locations.
Encompassing five blocks worth of real estate, the property has no less than 5371-square-metres of land, which has the potential for future subdivision/development.
The mansion itself is spread over three levels of boasts seven bedrooms, seven bathrooms and eight-car spaces.
Opulent features include Romanesque columns, Swarovski crystal chandeliers, golden Versace swan tapware and marble lion sentinels.
According to the listing, there’s also a 10-person home theatre, billiard room with wet bar, pool with spa and cabana, and even room for a helipad.