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What else could $2m have got you in and around Albert Park?

albert park

The successful sale of all the properties above their reserve on The Block – and the sale at auction of all the Albert Park apartments above $2million – is a sign that the luxury market in Melbourne is doing well, even if the glitz of the show may well have helped. So what else is available in and around the Albert Park area, where Fans V Faves was based, for over $2million? You could try this four-bedroom Edwardian-style home in nearby St Kilda, this delightful three-bedroom Art Nouveau-esque abode in even nearer Middle Park, or this luxury family townhouse with bay views in Albert Park itself. Take a look at your other options here.

Who won The Block Fans v Faves?

The Block

With The Block Fans V Faves auctions happening this week, the first series of at least two for 2014 came to a conclusion this week – and broke many previous records for the show. Each of the properties, it was disclosed, had a reserve price between $1,759,000 and $1,872,750 – yet every one sold for over $2million. The total prize money handed out to the contestants totalled over $2.4million, as each team sold over their reserve by at least half a million. And Channel Nine was also the winner on the evening, beating all other channels ratings-wise, including their Channel Seven rivals My Kitchen Rules. The final ratings meant that the auction were viewed by over 2.1million, which is a better result than the All … Continue reading

Celine Dion’s Florida home takes dramatic price drop…of $10m

Celine

Of all the celebrity homes yet to find a buyer that are still lingering on the market from last year, the most extravagant example with the heftiest asking price may well be the Floridian waterfront estate owned by Canadian warbler Celine Dion. And it’s got so desperate that Dion has had to lower the asking price a little bit – it’s recently been reduced by $10million. Her five-bedroom mansion, sitting on nearly six acres of land in Jupiter Island, was put on the market in September of last year for $72.5million – the price that, apparently, just about covered the cost of both the original purchase of the property by Dion and her astounding renovations and additions commissioned while living there. However, the lack of … Continue reading

Check out the majesty and magnificence of Mount Eliza mansion, asking $4.5m+

Mount Eliza

View the video to this sensational mansion in Mount Eliza, spectacular and elegant both inside and out. Agency Aqua Real Estate have done a classy job of showcasing the home in their video, which opens with an aerial shot approaching the two-acre property, set on the beautiful coast overlooking Port Phillip Bay. The four-bedroom European-style villa comes with some impressive features both inside and out, including home theatre room, 1900-bottle wine cellar, 70-tree olive grove, library, ‘travertine terraces’ with pizza oven and triple garage. Take a look for yourself here.

Renowned Romberg home is a Modernist delight

Romberg

Take a look at this home by celebrated mid-century architect Frederick Romberg, whose design nous and Swiss training may have helped create both the Modernist form and spectacular mountain views notable in the Eaglemont property. Having migrated to Australia in 1938, Romberg took an ‘empiricist’ angle of reinventing modernism while in Melbourne, using local materials and taking no small inspiration from this nation’s rural building traditions. This presumably accounts for the striking stonework in the home, including the large fireplaces, and the gardens (including secluded kitchen garden and “entertainment grotto”) that provide a palpable tranquility and charm. Being sold by current owner Mark Douglass (a renowned local glass designer) through Miles Real Estate, the next open for inspection date is this weekend. View the property … Continue reading

Australian real estate agency to accept Bitcoins – see their luxury properties here

Forsyth property

It may be a first for Australia – a real estate agency that’s willing to accept digital currency Bitcoin as payment. The 115-year-old Sydney office Forsyth Real Estate announced this week that it would start accepting BTC due to the currency’s rising popularity, especially amongst international buyers. Many offices in the USA and Canada already accept Bitcoin, and it is growing in use amongst the US and Asian property markets. This follows on from the news earlier in the year that a $7.85million Las Vegas mansion could potentially cause the largest transaction in the crypto-currency’s history, as the seller was willing to accept the entire payment in Bitcoin. To guard against BTC’s notorious volatility, Forsyth are looking to minimise vast value fluctuations by using a … Continue reading

What will happen to Chris & Gwyneth’s new $14m Malibu beach-house after their ‘conscious uncoupling’?

Chris & Gwyn's Malibu beach house

It was confirmed this week that celebrity power couple Gwyneth Paltrow and Chris Martin were now separated, but that leaves the question as to what will happen to the $14million Malibu estate they supposedly purchased together mere weeks ago. Paltrow announced on her own online lifestyle and cookery publication Goop that herself and Martin were undergoing a ‘conscious uncoupling’ after ten years of marriage – and after a rocky year of attempting to patch things back together, too. Which begs the question of why they bought the acre-plus John Lautner-designed beach house together earlier in the month, having reportedly almost entirely relocated their family to Los Angeles. The home, called ‘The Garwood Residence’, is a four-bedroom estate in the Point Dume area, a place that … Continue reading

Posh & Becks sell iconic country house ‘Beckingham Palace’ for £11.5m

Posh and Becks

Celebrity power couple David & Victoria Beckham have sold their well-known English country estate – dubbed ‘Beckingham Palace’ by the UK tabloid press – to a prominent insurance tycoon…who, for a whopping £11.5million, got a few tidy motors thrown into the bargain. The Beckhams decided to sell their country home of fifteen years to move to a lavish townhouse in central London – and made quite a profit on it too, considering they purchased it for ‘only’ £2.5million after their wedding back in 1999. It’s thought that the sale to multi-millionaire Neil Utley, chairman of insurance company Hastings Direct, also included quite the bonus; namely an Aston Martin and two Jaguars from the Beckhams’ classic car collection. This sale follows on from the previous sale of the … Continue reading

‘Fairview’ homestead and cattle farm is Berry nice

Fairview

Why not watch the video for the homestead ‘Fairview’, which is very modestly named – this property, set on just under 78 acres of rolling land, has more than its fair share of view. It was established as a dairy farm in the late 1800s by the Sharpe family, and now it could be yours when it goes to auction on May 4th. The fully-restored property, which has been upgraded to also be an operational cattle farm running 100 Angus cattle, features a 1920s-built three-bedroom homestead that has 360 degree views over the Toolijooa valley. There are also cattle yards with three farm sheds and the original dairy building. The estate is also close to nearby Berry and local beaches. View the video here.

Boutique real estate group owners sell sumptuous beach shack

13 ozone avenue

Take a look at this beachfront ‘palatial shack’ in the lavish video for 13 Ozone Avenue, being sold by the owners of McDonald Real Estate Group. The couple, Le Hoa and John Wysham, are entrusting the sale to Scott Banks, known for doing something a bit more creative with their property videos – and this one really highlights the luxurious lifestyle this so-called ‘shack’ would be perfectly suited to. After 8 years living on the Aspendale coast, the Wyshams are about to head to the city, leaving the absolute beachfront behind. With the home sat on flat grassland and with no obstacles between it and the ocean, you get stunning waterviews from every level of the house – a feature that Le Hoa apparently searched … Continue reading