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Jodhi Meares cashes in on Sydney property boom, sells terrace for up to $2.5m

James Packer’s ex-wife, businesswoman Jodhi Meares, has sold her inner-city Sydney terrace for up to $2.5m.

Celebrity designer Jodhi Meares
Celebrity designer Jodhi Meares

James Packer’s former wife, businesswoman and designer Jodhi Meares, has cashed in on Sydney’s strong pre-Easter real estate market, selling her inner city terrace for up to $2.5 million last Friday.

Ms Meares has co-owned the Underwood Street, Paddington terrace since mid-2004 when she purchased it for $900,000, two years after her divorce from Mr James Packer.

The former model owned the two-bedroom terrace with her mother Denise Macpherson, according to public records. She is believed to have sold it for between $2m and $2.5m.

The double-storey terrace is understood to have sold last Friday through Ray White Woollahra agent Augusto Gerocarni. Mr Gerocarni refused to comment to The Australian.

The Victorian-style terrace sits on a 113 sq/m site and is understood to have sold to an expatriate buyer in an off-market deal.

Paddington’s average median house price is $2.16m, according to realestate.com.

Lisa Allen
Lisa AllenAssociate Editor & Editor, Mansion Australia

Lisa Allen is an Associate Editor of The Australian, and is Editor of The Weekend Australian's property magazine, Mansion Australia. Lisa has been a senior reporter in business and property with the paper since 2012. She was previously Queensland Bureau Chief for The Australian Financial Review and has written for the BRW Rich List.

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Original URL: https://www.theaustralian.com.au/business/property/jodhi-meares-cashes-in-on-sydney-property-boom-sells-terrace-for-up-to-25m/news-story/50a65c55c3aed0609ea4d53015ae0005