Latest news with #LuxuryReport
7NEWS
13-06-2025
- Lifestyle
- 7NEWS
Open for inspection: The best luxury homes on the market right now
Luxury home prices have risen by 72 per cent in 10 years, according to a new report. Ray White's Luxury Report for 2025 revealed that luxury property sales across Australia start with a price tag of $2.52 million. To coincide with the new report, we've rounded up the six best luxury homes for sale around Australia. View Living Senior Reporter, January Jones gives her pick of the property listings. Victoria: A grand estate in Canterbury VIEW LISTING: 16 Balwyn Road, Canterbury, VIC According to the listing, ' Shrublands ' is one of the largest private holdings in the inner-city of Melbourne. Built in 1863, the sprawling mansion is located on a 6500 sqm block and has only been owned by three families. The property features 10 bedrooms, a heated piazza, home cinema, billiards room, wine cellar, gym, caretaker's residence, swimming pool and tennis court. "A prestigious property in a blue-chip location. The sale of Shrublands is a once-in-a-lifetime opportunity for a buyer to purchase one of Melbourne's most significant properties. January Jones - View Living Senior Reporter" January Jones - View Living Senior Reporter Located on Hamilton Island, this luxe residence is an entertainer's paradise. With sweeping views of the Coral Sea, the property features five large bedrooms (each with an ensuite), a terrace with swimming pool, landscaped gardens and alfresco dining area. "This impressive property includes a commanding 3055sqm of land on one of the Whitsundays most beautiful and popular islands. Already operating as holiday accommodation, this home provides buyers with the option of a holiday home or successful business venture. January Jones - View Living Senior Reporter" January Jones - View Living Senior Reporter New South Wales: A luxurious getaway in Kurrajong Offering privacy, serenity and architectural design, this property in Kurrajong is the ultimate luxurious getaway. With views of the Blue Mountains, the home features impeccable styling, an entertainer's kitchen with butler's pantry, six bedrooms, Italianate-styled gardens and swimming pool. "Beautiful inside and out, this home is perfect as a holiday getaway or for a buyer looking to get away from it all. January Jones - View Living Senior Reporter" January Jones - View Living Senior Reporter Tasmania: An award-winning winery in Cambridge ' Clemens Hill ' is an award-winning winery set on 22 hectares of land in Cambridge. Located on the property is a large three-bedroom family home and a vineyard of approximately 5.5 hectares. The residence features a fully-equipped kitchen with butler's pantry, two large balconies, formal living room, outdoor terrace and swimming pool. "A wonderful opportunity for buyers with experience or interest in entering the wine industry with a well-established property. January Jones - View Living Senior Reporter" January Jones - View Living Senior Reporter Western Australia: A luxe oceanfront home in City Beach VIEW LISTING: 80 Chipping Road, City Beach, WA A luxurious oceanfront property with stunning views from almost every window, this City Beach home offers buyers the best of beachside living. Featuring five bedrooms, three bathrooms, two indoor kitchens and one outdoor, bar, wine cellar, scullery and alfresco entertaining area with swimming pool. "This is a home with all the bells and whistles. Not only does it feature an incredible beachfront location, but it offers a lifestyle that is hard to beat. January Jones - View Living Senior Reporter" January Jones - View Living Senior Reporter South Australia: A sprawling manor in Upper Sturt Built circa 1897, ' Manoah House ' has a unique history including being home to Sir Josiah Symon: a distinguished barrister and former Attorney-General of South Australia. The stone manor comes complete with stables, two cottages used as Airbnbs and six tenanted homes. The property has also been used as an events space and includes conference facilities. "Not only does the purchase of Manoah House offer buyers multiple revenue streams and business opportunities, it also provides a chance to own a piece of South Australian history. January Jones - View Living Senior Reporter"
Canberra Times
12-06-2025
- Business
- Canberra Times
Why wellness features pay off in luxury homes, and by exactly how much
From infra-red saunas and cold plunge pools to biophilic architecture and sustainable design, high-end buyers now expect homes that support not just their lifestyle, but long-term wellbeing. Ray White's Luxury Report reveals homes with dedicated wellness features are commanding significant premiums. Pic: Shutterstock Ray White's Luxury Report 2025 reveals that homes with dedicated wellness features are commanding significant premiums - 10 to 25 per cent more than comparable properties without them. This trend marks a shift in how luxury is being defined and valued. "Nearly one third of Australia's wellness market expansion since 2019 has been driven by wellness real estate, reflecting a fundamental shift in how homebuyers view their living spaces and establishing Australia as the world's fourth-largest wellness real estate market as of 2023," said Ray White Head of Research, Vanessa Rader. And this isn't just a passing trend. It's part of a broader global shift. The Global Wellness Institute estimates the wellness real estate market was worth US$398 billion in 2022 and is expected to more than double to US$887.5 billion by 2027. That explosive growth reflects changing expectations among affluent buyers who are increasingly seeking homes that are restorative, sustainable, and personal sanctuaries. The shift also extends to the buyers - retirees or traditional high-net-worth individuals aren't the only ones fuelling the market. A long and healthy life is valued by high-end buyers and they are looking for facilities that help them maintain that in their homes. Pic: Supplied The report's analysis of this year's top 20 luxury sales reveals a buyer pool that's younger, more entrepreneurial, and increasingly self-made. Today's prestige buyers are often in their late 40s or early 50s, but a growing cohort of millennial entrepreneurs is entering the market. "Today's ultra-luxury property buyers are primarily self-made business owners, especially those who built digital and tech companies, rather than corporate executives who once dominated this market," said Ray White Senior Data Analyst Atom Go Tian. "The wealth behind these purchases now comes from a much wider range of industries, with online businesses and technology ventures leading the way." An analysis of this year's top 20 sales reveals today's luxury purchasers are predominantly self-made entrepreneurs from diverse sectors including e-commerce, property development, financial services, fashion, and technology. In blue-chip suburbs like Sydney's Bellevue Hill or Perth's Nedlands-Dalkeith-Crawley, homes boasting wellness infrastructure - think yoga studios, infrared saunas, organic gardens and smart air-filtration systems - are transacting faster and at higher prices than their more traditional peers. Wellness is now an essential element in Australia's high-end property market. But what exactly does that mean? What wellness looks like in high-end homes Dedicated health spaces Prestige homes are increasingly being designed with in-home wellness zones. Think infrared saunas; steam rooms; cold plunge; Pilates, yoga and meditation studios with sound insulation; massage and treatment rooms; and state-of-the-art gyms. These aren't tucked away in the garage, they're integrated into the architectural flow of the home, with aesthetics to match. Health-enhancing tech Luxury now means everything is optimised for peak health, from the air you breathe and water you drink, to how much radiation you're exposed to. Advanced air purification systems filter allergens, pollutants and pathogens, ditto water filtration systems. Circadian lighting systems help regulate the body's natural sleep cycles, and EMF-reducing technology lowers radiation, especially in rest spaces. The report notes that some luxury homes even have specialised equipment fitted, like hyperbaric oxygen chambers. Sustainable and biophilic design Sustainability features like solar arrays, rainwater harvesting, cross-ventilation, and non-toxic materials are environmentally sound and commercially savvy, as buyers are willing to pay a premium for homes with these features. Natural materials, abundant light, indoor greenery and seamless indoor-outdoor transitions are expected. Features like living walls and indoor gardens purify air and reduce stress, and water features create calming soundscapes and improve humidity levels. Of course, views also help with establishing a sense of serenity. It all points to the same conclusion: in today's prestige market, wellness doesn't just feel good - it's an essential that delivers a return. Properties for sale with wellness features and design principles This terrace in Sydney's Paddington incorporates a 10-metre internal green wall and internal pond, plus a six-person Sunlighten infrared sauna on the subterranean level. There are high-end natural materials, indoor-outdoor flow and much more. This luxe new Gold Coast build has a wellness-centric design, with a complete home water filtration system; low-tox natural materials like marble, limestone and New Zealand wool carpet; low VOC paint on all interior walls; and a low electromagnetic radiation (EMR) design in the bedrooms for restorative sleep. This luxury Cottesloe luxury property boasts 40 solar panels and double glazing, along with the likes of a salon-grade spa room comprising a massage area, bathroom, sauna and jacuzzi jet showers. In addition to lush natural materials, there's a solar-heated mineral pool and ocean views. This Northern Beaches property in Sydney is like living in your own resort, complete with natural materials, indoor-outdoor living, plus a medical-grade sauna, spa and gym. It's bathed in natural light and enjoys manicured gardens and a mineral pool.
Sydney Morning Herald
05-06-2025
- Business
- Sydney Morning Herald
The luxury suburbs where house prices are getting cheaper
Even upper-end home buyers are not immune from the pressure of high interest rates, as high mortgage costs have kept a lid on property price growth in expensive suburbs over the past year. Those fortunate enough to buy now, however, may see their purchase appreciate as interest rates start to fall. Australia's 'luxury suburbs' are areas where the median house price exceeds $4.09 million in Sydney and $2.52 million elsewhere, as defined by Ray White's Luxury Report for 2025. The fastest growing luxury neighbourhood in Sydney over the past year was the Coogee-Clovelly area, recording an increase of just 2.35 per cent but to a relatively high median house price of $4.45 million. There was similarly modest growth in the Castle Cove-Northbridge area, up 2.16 per cent to $4.19 million, and Bondi Beach-North Bondi, up 2.02 per cent to $4.19 million. In Melbourne, the nine luxury suburbs recorded annual change between a fall of 0.58 per cent and a rise of 0.59 per cent, the report found. Median house prices inched lower in Toorak, down 0.12 per cent, Brighton, down 0.24 per cent, and Malvern-Glen Iris, down 0.58 per cent. But it was a different story in the west, where house prices in Perth's Nedlands-Dalkeith-Crawley region and in City Beach rose more than 8 per cent each.
The Age
05-06-2025
- Business
- The Age
The luxury suburbs where house prices are getting cheaper
Even upper-end home buyers are not immune from the pressure of high interest rates, as high mortgage costs have kept a lid on property price growth in expensive suburbs over the past year. Those fortunate enough to buy now, however, may see their purchase appreciate as interest rates start to fall. Australia's 'luxury suburbs' are areas where the median house price exceeds $4.09 million in Sydney and $2.52 million elsewhere, as defined by Ray White's Luxury Report for 2025. The fastest growing luxury neighbourhood in Sydney over the past year was the Coogee-Clovelly area, recording an increase of just 2.35 per cent but to a relatively high median house price of $4.45 million. There was similarly modest growth in the Castle Cove-Northbridge area, up 2.16 per cent to $4.19 million, and Bondi Beach-North Bondi, up 2.02 per cent to $4.19 million. In Melbourne, the nine luxury suburbs recorded annual change between a fall of 0.58 per cent and a rise of 0.59 per cent, the report found. Median house prices inched lower in Toorak, down 0.12 per cent, Brighton, down 0.24 per cent, and Malvern-Glen Iris, down 0.58 per cent. But it was a different story in the west, where house prices in Perth's Nedlands-Dalkeith-Crawley region and in City Beach rose more than 8 per cent each.
