Melbourne’s most expensive homes: Victoria’s biggest residential property sales of 2021
Lavish Melbourne mansions and opulent Surf Coast and Bellarine Peninsula estates dominated the state’s biggest home sales this year. Step inside the biggest deals of 2021.
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Toorak mansions and lavish beachside estates on the Surf Coast and Bellarine Peninsula dominated Melbourne’s biggest property deals of 2021.
The mega prices shattered sale records in the best blue-chip postcodes.
Chemist Warehouse boss Sam Gance crushed the record for Melbourne’s priciest suburb, Toorak, when he picked up prominent businessman Mark Healey’s extravagant 47 Lansell Rd abode for $43.1m in October.
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Seven living areas, three kitchens, a teppanyaki grill and an on-site wellness retreat are among its features.
The historic Chiverton manor in the same suburb, once owned by TV personality Steve Vizard, sold within its eye-watering $31.8m-$34.8m guide after lingering on the market for almost a year.
It was one of at least five $30m-plus sales to take place in Toorak this year.
Former Australia Post boss Ahmed Fahour sold his spectacular Hawthorn abode, Invergowrie, off market for $40.5m.
The buyers, scientific research firm Trajan Group co-founders Stephen and Anjelica Tomisich, are now considering ways to open the historic mansion to the public.
Celebrity chef Shannon Bennett sold his family home at 43 Lansell Rd, Toorak, for $24m following his split from Madeleine West.
And online shopping magnate Ruslan Kogan, who founded kogan.com, splashed about $20m on a Toorak manor for his parents.
More than $115bn worth of real estate transacted across Victoria between January and November this year — $30.9bn more than last year, according to the Real Estate Institute of Victoria.
Digital entrepreneur Guy King’s extravagant residence at 61-63 Grange Rd, Toorak, sold for $31.25m in March. A few months later the wealthy Zagame hospitality family offloaded their 27-29 Kent Ave beachside pad within its $25m-$27.5m guide — setting a new Brighton record.
Just Jeans co-founders Christine and Roger Kimberley sold their clifftop manor at 5 Kildrummie Court, Sorrento, prior to Christmas last year for $25.5m, with the sale settled earlier this year.
And Boost Juice queen Janine Allis, who has appeared on TV shows Shark Tank and Survivor, parted ways with her Fairhaven coastal retreat.
The 310 Great Ocean Rd pad, which featured in the 1979 Mad Max movie, sold for $10m.
Wombat Park in Daylesford transacted for an undisclosed amount believed to exceed $7.7m.
And the magnificent Macedon Grange estate, with its double-storey bluestone abode set on a picturesque 47ha, changed hands for $7.1m.
This was joined by the six-bedroom abode at 58-60 Hodgson St, Ocean Grove, which sold for $6.65m and has uninterrupted panoramic water views among its long list of features.
Top-end buyer’s agent David Morrell said a slew of big money prestige deals made late this year were due to settle in early 2022.
Toorak was the prime suburb the wealthiest buyers flocked to, including the newly rich who had only recently made their fortunes.
“A lot more is spent in Toorak than in Brighton. Then it’s Portsea and Flinders and Red Hill. They’re the Meccas,” Mr Morrell said.
“A lot of the wealth is organically grown and it’s coming from directions we didn’t even know existed. Some of the people I’ve bought for didn’t even own a business six years ago.”
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TOP 20 SALES MELBOURNE
1. 47 Lansell Rd, Toorak – $43.1m
2. 21 Coppin Grove, Hawthorn – $40.5m
3. 39 Irving Rd, Toorak – undisclosed, between $31.8m-$34.8m
4. 61-63 Grange Rd, Toorak – $31.25m
5. 60 Hopetoun Rd, Toorak – $30m approx
6. 16 Balwyn Rd, Canterbury – $29m
7. 27-29 Kent Ave, Brighton – sold within $25m-$27.5m range
8. 5 Kildrummie Court, Sorrento (settled 2021) $25.2m
9. 43 Lansell Rd, Toorak – $24m
10. 90 King St, Flinders – $23.5m approx
11. 17 Chastleton Ave, Toorak – sold within $22m-$24m range
12. 9 Whernside Ave, Toorak – $22m
13. 22 Lascelles Ave, Toorak – $22m
14. 7 Towers Rd, Toorak – $20m
15. Ruslan Kogan buys Toorak mansion – $20m approx
16. 20 St Georges Rd, Toorak – $19m
17. Penthouse, 661 Chapel St, South Yarra – $17m
18. 255 New St, Brighton – $16.9m
19. 1 Franklin Rd, Portsea – $16.81m
20. 20 Linlithgow Rd, Toorak – $16.28m
TOP 10 SALES REGIONAL
1. 310 Great Ocean Rd, Fairhaven – $10m
2. Wombat Park, 4719 Midland Highway, Daylesford – undisclosed, more than $7.7m
3. 103 Chambers Rd, Ashbourne – $7.1m
4. 48 Melba Pde, Anglesea, $6.8m
5. 58-60 Hodgson St, Ocean Grove – $6.65m
6. 145 Point Lonsdale Rd, Point Lonsdale $6.6m
7. 2 Raith Tce, Newtown, $6.3m
8. Morrissy Park, Goulburn Weir – $6.26m
9. 25-27 Albert St, Point Lonsdale – $5.75m
10. 122 Syndicate Rd, Mt Macedon & 34 Mcmillan St, Anglesea – both sold for $5.3m
Sources: CoreLogic, REIV, realestate.com.au, industry sources.
Some off-market or undisclosed transactions may be missing. Only single residential dwellings included
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