The Lanes,who bought a Byron hinterland project for $3.8m and sold it for $33.6m,have had success further south. But not everyone is having such a good time.
Australian investment legend David Paradice showed form when he bought into North Bondi’s oceanfront in 2007. Values have come a long way since.
The landmark,once best known for visiting rock legends including Bowie and Bono,is making a new impression after the hotelier Green family’s sale.
As investment strategies go,you could do a lot worse than to buy next door to the tech entrepreneur.
It seems not even Sydney’s leading venture capitalists like Blackbird’s Rick Baker are immune to the lure of Sydney’s high-end housing market.
It was a big week for high-end sellers,from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
The last time the Aussie Home Loans founder listed the waterfront mega-mansion,he knocked back an offer of $110 million because he didn’t want to part with it.
A scion of the newspaper media dynasty sure got the attention of his Manly neighbours recently,care of a few jackhammers and a great big hole in the ground.
The head of the developer behind Sirius,Jean-Dominique Huynh,isn’t just hatching plans for The Rocks building,but also for his Vaucluse house.
The inner west used to be a first-timers’ haven,but not when a homewares queen paid $4.65m and a fixer-upper fetched double-digit millions.
Paris Neilson,daughter of Judith and Kerr Neilson,sold her estate. Now there could be a consolidation in the works with the home next door.