Month: December 2022

What the experts say: Where to buy a home in Brisbane in 2023

It has been a rollercoaster ride for Queensland buyers and sellers over the past few years, with soaring sales highs during the pandemic property boom to daunting lows as interest rates were swiftly ratcheted up and borrowing powers crashed.

But while the red hot heat has come out of the market, buyers now have an opportunity to find a home without the FOMO and stiff competition.

Sellers are also meeting the changing market.

So we asked some of Queensland’s property titans to reveal their suburb picks for 2023, for first home buyers, families and those with deeper pockets.

Here, Ray White Qld CEO Jason Andrew (JA), Belle Property Qld boss Jon Iceton (JI), LJ Hooker Qld general manager Stephen Mutton (SM), McGrath National Manager (Sales) Troy Malcolm, Harcourts CEO Mitch Peereboom and Place managing director Sarah Hackett (SM) share their insider knowledge on the suburbs to watch.

Sarah Hackett, Place

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Frank Lloyd Wright: Striking California farm of famed architect up for sale

Picture credit: Crosby Doe/TopTenRealEstateDeals

Fawcett farm of Frank Lloyd Wright. Picture credit: Crosby Doe/TopTenRealEstateDeals

The final property of one of the world’s most-celebrated architects, Frank Lloyd Wright, has come up for sale.

A stately home on a 38.8ha ranch in Los Banos, California — known as The Fawcett Farm — was known to be one of Wright’s final projects.

Considered a “Usonian” home, a word coined by the architect to describe the New World character of America’s architectural landscape, it belongs to a group of 60 single-family homes designed in the latter part of Wright’s career.

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Melding elements of the mid-century-modern style with Wright’s Prairie School, the house was completed two years after Wright’s death in 1959.

The house’s original owners, Stanford football-star Buck Fawcett and his

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Ex Wallabies captain selling Camp Hill home as he cuts ties with QLD

News Corp Australia

News Corp Australia Network

This property at 8 Henderson St, Camp Hill, is on the market.

FORMER Wallabies captain Ben Mowen is preparing to say goodbye to Brisbane, with his Camp Hill Queenslander now on the market.

Mowen and his wife Lauren purchased the two-storey home back in 2015, but with opportunities now beckoning in southern New South Wales, the couple is selling the family home and preparing to move to Gundaroo, just outside of Canberra.

Former Wallabies captain Ben Mowen has put this house at 8 Henderson St, Camp Hill, on the market.

The double-block Queenslander at 8 Henderson Street dates back to 1917 and has been owned by only four families in its 105-year history.

“We’ve inherited lots of photos from previous owners including the original deeds and pictures of each renovation that’s happened along the way,” Mr Mowen

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Cairns real estate: Prestige and luxury homes attract southern buyers

Luxury homes in capital cities routinely command stratospheric prices, but the Far North has its share of dream homes attracting plenty of interest.

Whether it’s a sprawling beachfront residence oozing Hollywood glamour, a private retreat amid woodland on the Cassowary Coast or an imposing new home with stellar views, there are eye-catching homes for an elite echelon of buyers.

While for most of us, it’s a case of Darryl Kerrigan from iconic movie The Castle scoffing ‘tell ‘em they’re dreaming’ as we drool over pictures of vast swimming pools and idyllic bathtubs, for southern buyers, the hefty price tags aren’t so daunting.

Property tycoon Alex Sekler has just relisted his landmark mansion with a swimming pool on the first floor as well as a resort-style pool facing the ocean – it was briefly listed with Sotheby’s before it underwent a makeover from a buttery yellow to crisp white.

Alex Sekler’s

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Victorian homes where sellers took a loss in 2022 after buying in 2021

The agent of 11 Viola Ave, Brooklyn, would not comment on the sale.

Sellers who strike it rich — especially in a short amount of time — are often celebrated in real estate. But there is, of course, a sadder side to the market.

Victorian vendors who copped significant losses on the property market after buying homes in 2021 and then selling in 2022 have been revealed in new PropTrack data.

But, unsurprisingly, real estate agents involved with the sales were not keen to comment when called by the Herald Sun, with sensitive situations including health crises behind the scenes.

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No. 34 Merrin Cres, Wonthaggi, sold for about $120,000 less in the space of a year.

Real Estate Institute of Victoria president Andrew Meehan said

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Dial-a-Dump founder Ian Malouf breaks Palm Beach record with $40m purchase

Ian Malouf and Superyachts

Rich lister Ian Malouf and his daughter Ellie aboard their superyacht Mischief. Ian Malouf has broken Palm Beach’s property record. Picture: John Feder/The Australian

The cashed-up garbo turned yacht broker Ian Malouf has smashed the residential price record at Sydney’s pricey summer playground, Palm Beach.

He has spent around $40m on the luxury beachfront home, Anakela overlooking Pittwater, which will be a getaway for Malouf, his wife, Larissa and their five children, Jack, Max, Ed, Lara and Ellie.

The double fronted 1948 sqm property was bought last week off market from the Uncle Toby’s breakfast cereal company founder Doug Shears.

It bettered the existing $27m beachfront record set three doors away when the hospitality entrepreneur John Szangolies bought last year from Virginia Nelson, widow of the tobacco wholesaler tycoon, Arthur Nelson.

It’s a who’s who of Sydney along Iluka Rd including publican Arthur Laundy, retailer Nick Scali, Laser Clinics Australia

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Slick Aberfeldie ‘party house’ with rooftop bar hits the market

No. 102 Fawkner St, Aberfeldie, is striking from the front.

A four-level Aberfeldie “party house” with a rooftop bar, indoor pool and spa, sauna and home office will have its buyers never wanting to leave home.

The five-bedroom, five-bathroom pad beside the Maribyrnong River at 102 Fawkner St is on the private sale market for $3.4m-$3.6m.

Barry Plant Essendon agent Walter Mahch said the five-month-old property was constructed by the builder who was now selling it.

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“It’s two doors away from Maribyrnong River and it’s got a city view as well,” he said.

“You can swim in the pool 12 months a year because it’s an indoor

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Australia’s most expensive home sales 2022: more than $1b spent on 25 properties around the country

Art work for Top sales of 2022

The top end of the real estate market saw some huge sales in 2022.

Wealthy home buyers went on a spending spree around Australia this year that saw some eye-popping sales, despite an ongoing real estate downturn.

More than $1.05 billion was spent on Australia’s top 30 residential property sales in 2022 alone. See the highest reported 25 sales of the year below.

The staggering spending spree resulted in one of the biggest years of top-end property sales on record, flying in the face of the rest of the market, after the Reserve Bank began the biggest succession of interest rate hikes in 30 years.

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$1b splurged on top 30 homes across NSW

Mind-blowing new benchmarks have left homeowners in some of Australia’s most affluent postcodes with inflated and unrealistic expectations, with other properties

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Gold Coast mansion that hosted Amber Heard, Elon Musk, Baz Luhrmann, Tom Hanks up for auction

A Gold Coast mansion that hosted a string of celebrities has hit the market.

A GOLD Coast mansion that hosted a string of Hollywood celebrities has hit the market.

The celebrity digs in Ashmore, completed in 2009 and once a family home, has most recently been used as a holiday retreat with its elegance, grandeur and prime location making it a magnet for celebrity guests.

The property has hosted director Baz Luhrmann, actress Amber Heard and business magnate Elon Musk.

3 Kootingal Street, Ashmore has hosted a raft of celebrities over the years.

ELVIS Australian Premiere - Arrivals

Tom Hanks attends the Australian premiere of Elvis at Event Cinemas Pacific Fair on June 04, 2022 in Gold Coast, Australia.

ELVIS Sydney Premiere - Arrivals

Baz Luhrmann attends the Sydney premiere of Elvis on June 05, 2022 in Sydney, Australia.

The house was also used to host events for actor Tom Hanks when he stayed on the Gold Coast earlier this

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Brisbane’s 20 biggest home sales of 2022 and the agents who sold them

Arcos by Graya sold for $8.2m in 2022 in one of the biggest home sales of the year in Brisbane.

NEARLY $200m was splashed on 20 homes across Brisbane in 2022, with half of the properties selling for more than $10m each.

So far in 2022, Brisbane has recorded 36 home sales worth more than $5m each, according to Herron Todd White valuers.

That’s not as strong as 2021 when a record 52 sales were recorded over $5m, but the decrease is more about a lack of listings at the top end.

We’ve compiled a list of the top 20 reported home sales of the year in the Queensland capital:


1. 673 Musgrave Rd, Robertson

Sale price: $17.25m

Sale date: March 2022

Seller: Albert Long and Teresa Ting

Buyer: Undisclosed

This property at 637 Musgrave Rd, Robertson, sold for $17.25m in 2022. Pic

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