The $70 million sale of James Packer’s pad in Sydney has comfortably cleared the previous $57.5 million real estate record set by a palatial Perth home in 2009 – but how does Victoria stack up in the mansion stakes?
1. Portsea palace ‘Ilyuka’
Our top sale stands significantly shy of Packer’s boon and was set in 2010 when BRW rich-lister John Higgins scooped up the grand Portsea cliff-top estate Ilyuka for $26 million.
2.
Australia 108’s prestige penthouse
But Melbourne is on par with the country’s most expensive apartment sale, with the penthouse of the city’s tallest skyscraper, Australia 108, selling for $25 million in April this year.
3. Baillieu family home
This sale leapfrogged the previous metropolitan Melbourne residential record set by soft-drink magnate Harry Stamoulis, who paid $24 million in 2010 for the former Baillieu family home in St Georges Road, Toorak.
The house has since been knocked down to pave way for a mega mansion that is rumoured to have cost up to $70 million.
4.Skater’s mansion
Former champion skateboarder and founder of skate brand Globe International Peter Hill enjoyed a $22 million pay day with his wife Angela when they sold their Hawthorn home at 21 Coppin Grove in 2013.
5. Toorak tudor
After more than a year on the market, the Smorgon family’s Toorak mansion at 750 Orrong Road also found a buyer with $20 million in 2014.