Tania Buckley: Toorak mansion sells after nearly one year on the market

Tania Buckley has ended an almost year-long effort to sell the Toorak mansion she bought with former husband, AFL great Nathan Buckley. But it was much less than she’d been hoping for.

The Toorak home of Tania Buckley has finally sold after nearly a year on the market.

Tania Buckley has ended an almost year-long effort to sell the Toorak mansion she bought with former husband and AFL great Nathan Buckley with a close to $10m windfall. 

The pair announced their separation in 2020 after 18 years married and have two kids together, Jett and Ayce.

Tania Buckley (nee Minnici) became known for her red carpet appearances during the 2000s, and has subsequently put much of her time into helping her sons pursue motorsport careers. 

She has also trained as a hairdresser, and helped to manage her family’s petrol station portfolio.

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Nathan Buckley is a former Collingwood Football Club captain who played 260 games with the side before going on to coach the Magpies for 218 games, and also claimed the Brownlow and Norm Smith medals. 

The five-bedroom Tudor-style residence they bought from the Swiss government in 2007 was first listed for sale by Tania Buckley in March last year.

Tania Buckley pictured with Marco Kelly. Source: Supplied

It initially had hopes of a $16.8m-$18m price via Kay & Burton’s Ross Savas and Jamie Mi. 

It was withdrawn from the market for a few months around the winter school holidays and returned for sale in spring with a reduced price tag of $15m-$16.5m. 

Neither agent could speak to the sale, however industry insiders and Toorak locals have been speculating on a deal being under negotiation between the Kay & Burton agents and a local Melbourne family over a number of weeks.

The listing was yesterday taken down from online listing sites.

Industry sources put the price at $13.1m, far above the $3.92m the Buckley’s paid.

The dining rooom looks out on the back yard.

The large living area with fireplace.

The exterior has a open fireplace and space for outdoor lounge.

Last year Ms Mi said international buyers had shown interest in the property, but ultimately did not commit to the purchase.

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Earlier this week Ms Mi could not discuss the Buckley property, but said the luxury market had been strong in 2024 and her firm was expecting it to “build momentum” with interest rates expected to trend downward in 2025.

A weak Australian dollar against the US could also be a boon for Melbourne’s top end.

“This currency dynamic is likely to encourage increased investment from expatriates and overseas buyers, who will be further incentivised to secure trophy properties in key markets like Melbourne and Sydney,” Ms Mi said.

The spacious kitchen and wine storage.

Another fireplace and TV in the bar area.

“As we move into 2025, the luxury market is poised to thrive, attracting both local and international buyers keen to capitalise on the opportunities that lie ahead.”

However, top-end buyer’s agent David Morrell said those selling homes in the first half of this year might be better off than those who waited.

Mr Morell said while there had been a “Trump bump” for the city’s ritziest addresses after the US election, this had since faded and a weak summer for Portsea sales could be a warning of a soft year ahead for Melbourne’s elite suburbs.

“Anything you buy now could be looking expensive by Easter,” Mr Morrell said.

Prospects of ongoing conflict overseas, and the Aussie dollar trading at one of its lowest levels since the start of the Covid-19 pandemic were likely to impact the appetites of locals with budgets for $10m-plus homes, he said.

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Originally published as Tania Buckley: Toorak mansion sells after nearly one year on the market