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Jono Deague’s $17m Toorak splash

Jono Deague, the Deague property development family scion, and wife Ella have emerged as $17m buyers of a Toorak home.

This time the Hope Island, Gold Coast home is really for sale.
This time the Hope Island, Gold Coast home is really for sale.

Jono Deague, the Deague property development family scion, and his photographer wife Ella, have emerged as $17m buyers of a grand Toorak home. It’s the biggest known sale in the suburb this year. The 1710sq m property on Albany Road last traded for $473,000 in 1983 when sold by the McAlister family to the Reisner family. Jono joined the family business in 1999. He is the managing director of the family company that began in the 1860s after WH Deague’s arrival from England. The Deague family has recently secured two major tenants for its $175m speculative office development in South Melbourne, the first in the precinct for two decades. The Deague Group’s family office will be moving into the building.

Lilley’s Lunatics luxury

A home that featured prominently on the hit Netflix mockumentary series Lunatics, created by Australian comedian Chris Lilley, has hit the market. The incompetent real estate agent Quentin Cook, played by Lilley, was attempting to sell the luxury home. Now the Hope Island, Gold Coast home is really for sale. The four-bedroom home on the Queen Guineveres Place dress circle features a riverside pool and jetty. Alex Phillis and father Brian at Alex Phillis Real Estate Paradise Point are asking $3.6m. It has undergone a $500,000 renovation since it was sold for $2.125m in 2016. The centrepiece is the $15,000 chandelier, which took a professional cleaner nine hours to polish before the show.

Heritage-listed Bankside sells

Bankside, the 19th century heritage-listed Hawthorn home, has quickly sold, having been listed by the Pattison family. The Yarra Street home, built in 1872, had a guide of $4.5m-$4.9m through Kay & Burton agents Sam Wilkinson and Geoff Hall. The four-bedroom home with marble fireplaces and granite kitchen features a swimming pool in the 980sq m gardens. Last traded for $1,761,000 in 2005, Bankside was designed by architect William J. Ellis, who at the time was putting the finishing touches to the Fitzroy Town Hall tower. Ellis designed the home at the same time as next door, known as Zetland, an original-condition Ellis home that sold earlier this year for $3.515m.

Rare sale for historic homestead

Woodvale, the luxury Woodend property in the foothills of Mount Macedon, has been listed for just the third time. The land was chosen in the 1840s by the Barker family, with the earliest building dating back to the 1860s. The single-level grand Victorian homestead was built in 1884 and has recently been transformed by heritage architect Bruce Trethowan for the McLaren family. It has five bedrooms and four bathrooms. At the heart of the grand central living room is a Cheminees Phillippe fireplace. Jellis Craig Macedon Ranges agents Tom May and Paul Keane have a $3.6m-$3.9m guide. The 51ha property is set up as a cattle operation, with cattle yards, 14 paddocks, a manager’s residence and an original stone barn.

Jonathan Chancellor
Jonathan ChancellorProperty Writer

Jonathan Chancellor is a senior property writer for The Australian's Business Review section. He has been a journalist since the early 1980s in Melbourne and Sydney, and specialises in reporting on the residential property market. Jonathan also writes for the Daily and Sunday Telegraph.

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Original URL: https://www.theaustralian.com.au/business/property/jono-deagues-17m-toorak-splash/news-story/645c095b2c9801e59d655cd076d7eaa9