Famous big screen, television and radio personalities decided to cash in on the market boom in 2015 and list their lavish estates for sale. From Hugh Jackman and Deborah-Lee Furness to Cate Blanchett – stunning penthouses and family-friendly mansions are attracting wealthy buyers to invest in real estate in Australia.
$70 million: James and Erica Packer
The La Mer estate holds a record-selling price not only for its prime location, but also for its opulent style, which boasts plenty of space and beautifully-designed Mediterranean rooms with direct views of the harbour. There is also an underground parking for 20 vehicles, entertainment spaces and two separate staff quarters. All in all – it’s the ultimate holiday getaway that allows for large and unforgettable parties.
$20 million: Cate Blanchett and Andrew Upton
Rich people are known to move often and the family of Hollywood star Cate Blanchett is no exception. At the end of their stay in sunny Sydney, the married couple are looking to unload the Hunters Hill residence, which occupies a total of 3642 square metres. The quiet waterfront estate sold for more than the original asking price after $8 million worth of renovations that doubled the floor space and added an apartment under the swimming pool. Other features worth mentioning are the riverside tennis court and designer gardens.
$6.8 million: Rick McCallum
The modern apartment features 305sqm of living space with dramatic floor-to-ceiling glass doors and a large loggia for year-round guest entertainment. The whole-floor residence offers stunning views of Harbour Bridge and comprises three bedrooms, an open-plan kitchen, three bathrooms, a living room and generous closets throughout.
$4.5 million: Michelle Bridges
The Birchgrove home underwent complete renovation before hitting the market for 2 million more than its original worth. It exhibits a wonderful bohemian feel throughout the interior. Three bedrooms, three bathrooms, an open-plan kitchen and a living room that opens up into the manicured garden make for a cosy family nest.