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Online bookie buys Tamarama home for $16m+

Online bookie buys Tamarama home for $16m+

Nick Fahey has had a big year. His PointsBet shares left him $156.4 million richer and he’s just made this move in Sydney’s eastern suburbs.

Lucy Macken

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Melbourne-based online bookmaker Nick Fahey has had a big year by all accounts. He and his partner, Ten’s Melbourne weather presenter Kate Freebairn, are expecting. Plus his PointsBet shares came out of escrow, leaving him $156.4 million richer on paper.

To cap it all off, the 34-year-old is set to make his debut on Sydney’s high-end market, thanks to the contemporary hillside residence in Tamarama he has bought for more than $16 million.

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Original URL: https://www.afr.com/property/residential/online-bookie-buys-tamarama-home-for-16m-20211222-p59jg8