LUXURY HOMES
JULY 2025 EDITION
Welcome to the first edition of Luxury Homes, a publication from Ray White. In this magazine, we’ll showcase the finest homes in Australia and New Zealand, where architectural brilliance and lifestyle aspirations intersect
These properties define luxury not only by their price tag, but through their design, craftsmanship and location From harbourside masterpieces to opulent homesteads, each listing is a glimpse into a world where every detail has been carefully considered
More than just a showcase of prestige property, it’s a celebration of excellence in real estate and the art of living well
Ray White sells 2 4x more luxury properties over $5 million than any other group across Australia and New Zealand. So whether you ’ re searching for your next grand residence, seeking inspiration, or simply curious about the upper echelons of property, this magazine offers a curated journey through the finest addresses Australia and New Zealand have to offer
Source:BasedonpubliconlinepropertyportallistingsmarkedasSOLDbyagentsduring2024CY Houseandunitonly Published14/05/25
We’re proud to list 2.4x more luxury properties over $5M than any other group across Australia and New Zealand.
Source: Based on public online property portal listings marked as SOLD by agents during 2024 CY House and unit only Published 14/05/25
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ustralia’s ultra-luxury ggering $663 million just 20 transactions, re Australia’s wealthiest o who they are and how ed
ues to be the place to be, Bellevue Hill and Rose Bayy enclaves accounting for p transactions Bellevue Hill es on the list, while pots Beyond Sydney’s urne ’ s old-money suburbs of ach secured positions, while ke Noosa Heads, Byron Bay, red prominently
ese transactions stands as Mission-style residence n Victoria Road in Bellevue masterpiece commanded an on; a figure that towers ompetitor by $30 million an food blogger and anie Conley-Buhre whose oved spectacular, having y just three years prior for gly, Conley-Buhre appears s a buyer, after securing the roperty for $43 5 million
Perhaps most revealing is the dramatic shift in buyer demographics Corporate executives, once the mainstay of premium property purchases, now represent the minority Today’s ultra-luxury buyers emerge from a diverse entrepreneurial spectrum including e-commerce founders, property developers, financial services entrepreneurs, aged care provider founders, fashion label designers, retail business owners, mining technology magnates, and restaurateurs Of the twenty buyers, only four held traditional employment positions; two from healthcare (including pharmaceuticals and medical devices), one from finance and investment, and one from food and beverage
While buyers aged in their late 40s to 50s dominate the market, millennials are making notable inroads The story of Shadi Kord, founder of fashion boutique MESHKI, and her husband Bayan Fanaeyan, of men ’ s fashion label LÈ BAUS, exemplifies this trend The couple upgraded from a $2 55 million Double Bay apartment to a designer Bellevue Hill residence for $22 75 million This pattern repeats with other online fashion entrepreneurs like Daniel and Georgia Contos of White Fox, who have similarly leveraged social media influence into substantial property portfolios
The international dimension adds another layer of complexity to this exclusive market Five of the twenty transactions involved expat buyers based primarily in Singapore and China, signaling Australia’s enduring appeal as both an investment destination and potential future home for the globally-mobile wealthy The most intriguing figure remains the purchaser of “Alcooringa” itself, described in records only as an “ overseasbased expat,” highlighting the sometimes opaque nature of transactions at this level
Expensive homes are changing hands in new ways Today’s ultra-luxury property buyers are primarily selfmade business owners, especially those who built digital and tech companies, rather than corporate executives who once dominated this market The wealth behind these purchases now comes from a much wider range of industries, with online businesses and technology ventures leading the way Perhaps most notably, there’s been a significant drop in buyers using inherited or family money, as first-generation entrepreneurs who built their fortunes from scratch are now the ones acquiring these multi-million dollar properties This shift toward self-made wealth marks a fundamental change in who can afford Australia’s most exclusive neighbourhoods
