$30m Canterbury home could break suburb’s lofty residential price record

A five-bedroom, eight-bathroom mansion in one of Melbourne’s most prestigious streets is poised to set a new benchmark, if it sells for the top of its asking range. SEE INSIDE.

38 Monomeath Ave, Canterbury is listed for sale with $27.5m-$30m price hopes.

A $30m Canterbury mansion could soon break the suburb’s residential price record, featuring everything from a 16-car garage to its own day spa.

Property records show the five-bedroom residence ‘Alchemy House’ at 38 Monomeath Ave was purchased in 2015 for $7.75m with a new home being built on the block in 2019.

Now, the opulent house is on the market with a $27.5m-$30m price guide and could shatter the area’s house price record if it sells at the top of its range.

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Canterbury’s current record-holder is 16 Balwyn Rd, which sold for $29m in February 2021.

Marshall White Bayside director and listing agent Andy Nasr declined to comment on the property listing.

The lavish study.

The wine cellar and tasting room.

Spanning three levels, the French-Provincial abode has number of lavish features; including a day spa with a sauna, a gym, a cinema and a study.

The main ensuite was awarded ‘Best Residential Bathroom Design’ in Australia’s 2020 Belle Fanili Interior Design Awards, adorned in marble, polished brass and antique mirroring.

The heavenly main ensuite.

One of many lavish living areas.

Other luxurious inclusions are a wine cellar, cobblestone 16-vehicle showroom, and two kitchens with one fitted with a walk-in cool room.

Polished plaster and hand-finished stucco covers every wall with the flooring made up of timber, marble or carpet.

The 16-car garage with gallery lighting and glass walls.

The mosaic-tiled pool and spa.

The last home to sell on Monomeath Ave — one of Melbourne’s most expensive streets — was the three-bedroom house at number 24 for $7.7m in October 2024.

Expressions of Interest close on the Monomeath address on Tuesday 11 March at 2pm.

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Originally published as $30m Canterbury home could break suburb’s lofty residential price record