Author: Eliza

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

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

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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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.

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

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:

BRISBANE’S 20 BIGGEST HOME SALES OF 2022

1. 673 Musgrave Rd, Robertson

Sale price: $17.25m

Sale date: March 2022

Seller: Albert Long and Teresa Ting

Buyer: Undisclosed