Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Australian Mansion Sets Record as Country’s Most Expensive Home Sale

Share this Post!

A historic Sydney mansion that belonged to the family that founded a monumental Australian publishing company, just sold for a record-breaking $70 million Australian dollars (US $52.7 million), according to a press release by Christie’s International Realty.

most expensive

Located on the harbor in Point Piper, the Victorian-style estate, “Elaine,” was the most expensive home sale in the country.

most expensive

The Fairfax family, who owned the residence for 126 years, are the founders and former owners of Fairfax Media, one of the largest media companies in the country, with The Sydney Morning Herald and The Canberra Times, among its publications.

most expensive

Scott Farquhar, 37-year-old co-founder of tech company, Atlassian, was the buyer.

most expensive

Built in 1863, the estate is situated on 1.72 acres, with over 142 feet of water frontage on Seven Shillings Beach.

most expensive

With a magnificent ballroom, balconies, expansive gardens, and a tennis court, the three-story residence has hosted numerous prominent guests over the years.

most expensive

The listing was held by Ken Jacobs of Christie’s International Real Estate.

most expensive

Images courtesy of Christie’s International Real Estate

author avatar
Haley Willard

Related post