Billionaire mining heir Tyson Flannery unloads $9m ‘Hill House’ in landmark deal

The luxurious acreage in Brisbane’s west complete with helicopter access and state-of-the-art equestrian facilities has sold for a record sum.

The Pullenvale sale has set a new suburb record

Billionaire mining heir Tyson Flannery has sold his spectacular acreage mansion in a landmark deal.

The contemporary home, known as ‘Hill House’, smashed the previous highest sale record by more than $2m is the suburb of Pullenvale west of Brisbane.

While the sale price was cloaked by a non-disclosure agreement, marketing agent Simon Caulfield, of Place Estate Agents, said it was “very close” to the $9m list price.

Mr Caulfield said the five-bedroom, five-bathroom property had attracted interest through a lengthy campaign from a range of high-net-worth “captains of industry”, including athletes and tech entrepreneurs.

Rural living meets luxury contemporary style

The house sits amid rolling lawns

The buyers were a high-profile local family drawn by the estate’s privacy and state-of-the-art equestrian facilities.

“They had looked for a very long time, and being a family with adolescents this was a home where they could continue to co-exist but also have separation with respect to the scale of the home,” Mr Caulfield said.

“They weren’t looking specifically in Pullenvale, but rather were chasing a larger property which could be considered an acreage home but was also a highly modern and low-maintenance house.

“That home is iconic in its design. It very much has a Bel Air feel to it, having that commanding presence and beautiful architecture, but also it is the type of home they can evolve with.”

Commanding presence

The property was first listed in 2023, after Mr Flannery splashed $12m on a six-storey Ascot trophy home with a Batman tunnel and hidden ‘bear cave’.

Mr Flannery, the son of Brisbane mining engineer Brian Flannery and wis wife Peggy, had paid $3.3m for the 4.05ha Pullenvale site in 2013.

He engaged architects Myers Ellyett and Hutchinson Builders to realise a “modern farmhouse in minimalist style”. It was completed in 2019 and earned a Master Builders Brisbane Housing and Construction Award for its quality finish of concrete and steel.

“We felt we could capitalise on the green space around the property and then open up those incredible views which extend from Mt Coot-tha to the city and south as well,” Mr Flannery said when the home hit the market.

Sprawling living spaces over two levels

Views to Mt Coot-tha

A marble ensuite

The home gym

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Each element of design was focused on capturing views across a double-storey, five-bedroom home set amid rolling green lawns.

Vast interior spaces were set over two levels, while expanses of glass provided seamless connection between indoors and outdoors with features including helicopter access, a tennis court and infinity-edge pool, plus horse stables and paddocks.

“It’s just a beautiful home to live in and the type of place where the kids can spill out onto 4ha with everything you need at your fingertips,” Mr Flannery said

“We’ve enjoyed everything from bonfire nights with the kids to the clear open spaces and endless views, while Pullenvale has this wonderful old-word sense of country living and community.”

Peggy and Brian Flannery

Records show the previous high sale in Pullenvale was $6.7m in 2007 for a mansion on 1.05ha.

PropTrack data shows house prices in the suburb were up 3.4 per cent over the past year to a median of $1.9m.

Richlister Brian Flannery had a reported estimated worth of $1.2b in 2023.

The managing director of White Energy made his fortune from the sale of coal miner Felix Resources to Yanzhou in 2010, which netted him more than $500m.

The philanthropic couple presides over a diversified investment portfolio, including the $100m Elements of Byron Bay spa and resort and property arm, KTQ Developments.