The top 10 most expensive homes sold in Australia in the past year were all located in Sydney, according to Domain and the Australian Financial Review. The 10 houses made nearly a quarter of a billion dollars in real estate. Sydney's luxury eastern suburb Vaucluse was the most popular among the wealthy, followed by Bellevue Hill, also in city's the east.
Click through to see the most expensive homes sold in the last year. This nine-bedroom, six-bathroom house on New South Head Road in Vaucluse sits on a 1397 sqm block. It sold for an eye-watering $31.
2 million in December 2023. This luxurious home in Vaucluse offers 360-degree harbour views, a triple garage, a rooftop entertainment area, a pool, gym and home cinema. It sold in December 2023 for $32 million, raking in a whopping profit of $11.
2 million for the previous owners, who bought the home in 2018, according to the AFR. This jaw-dropping home on Vaucluse Road in Vaucluse was sold for a huge $32.5 million in September 2023.
The house offers sweeping views of Sydney Harbour from Rose Bay to Middle Head, as well as six bedrooms, four bathrooms and several entertaining spaces. The home was previously purchased in April 2016 for $12.5 million, pulling in a gross profit of $20 million in the most recent sale, according to the AFR.
80 New Beach Road is surrounded by blue water and sailboats in the luxurious Darling Point in Sydney's east. The three-bedroom home sits on an 1149 sqm block, which is likely to be redeveloped, according to the AFR. The home was sold in September 2023 for $32.
5 million. This $33 million home sits on 384 sqm of land in Sydney's Watsons Bay, in the city's east, with unobstructed harbour views and private beach access. The home pulled in a whopping $23.
8 million in profit in the most recent sale, previously bought by vendors for $9.2 million in October 2014. This stunning five-bedroom home in Bellevue Hill was sold in December 2023 for $34.
75 million. Owners Steve and Carmen Davidson only purchased it two years prior for $28.5 million, making a $6.
25 million profit, according to the AFR. Renovations of the home cost the couple $3 million, the AFR reported. The view from this house in Vauclause is so iconic it's known as "Panorama.
" The $36.2 million home offers the best view in Sydney. Aside from the view, the home boasts a pool, lift, five car spaces, four bedrooms and five bathrooms.
The Balagiannis family, who own a number of Sydney pubs, owned the home for 29 years before selling it in September last year, according to the AFR. This home on Queens Avenue, in Vaucluse, made the owners $1.21 million every year.
Hong Kong telco tycoon Canning Fok and his wife, Eliza, first bought the home for $23.5 million in December 2010, according to the AFR. The three-level masterpiece with harbour views was sold for $39 million in October 2023, making the couple a profit of $15.
5 million (or $1.2 million a year). This charming home in Bellevue Hill sold for a massive $39.
35 million in September 2023. The four-bedroom, five-bathroom home is located on one of the most expensive streets in Bellevue Hill. The home sits on an 88 sqm block.
First bought in November 2014 for $5.64 million, this home pulled in $33.71 million in capital gains when it was sold, according to Domain.
The most expensive home in Sydney was located in the most exclusive, luxurious suburb in the country - the infamous Point Piper. The house at 142 Wolseley Road, dubbed "Notrella," was sold in March for an earth-shattering, eye-watering $51.5 million.
The house sits on an elevated 958 sqm of land, with dual frontages and never-ending views of Sydney Harbour. The home was reportedly sold to the co-founder of e-commerce firm Rokt, Ben Voltz, and his wife Briana, according to the AFR..
