Real Estate

Red Hill in Victoria, Australia, lays claim to rich earth, luxurious properties, and, now, a new record in residential sales prices.

A family estate on the Mornington Peninsula sold after 17 days on the market for within the quoted price range of AUD 25 million to 27 million (about US $18 million to $19.5 million), confirms Michael Gibson, a director at Private Property Global. The previous record for the suburb was set last year for a reported AUD 20 million or US $14.4 million.

“It is a home that simply met and exceeded every requirement in terms of a genuine luxury lifestyle estate,” Gibson said, “and the market responded to that strongly.”

The rambling 6.5-hectare, or 16-acre, property centers on a grand-scale home updated to have international appeal by London-based Sabrina Caisson of Helen Green Design.

The treed grounds feature a synthetic soccer field, a tennis court, a paddock, a spring-fed dam, a rose garden and a children’s play yard. There’s even a herd of pedigree goats.

Gibson describes the estate as “a genuine place to breathe.”

Gates open to the stately home, topped by steep gabled roofs and adorned with black shutters. A swimming pool with a surrounding deck and sunning area sits at one end of the residence. Wide steps beyond the infinity pool lead down to an expanse of lawn.

Interior highlights of the five-bedroom, six-bathroom residence include extensive millwork, vaulted ceilings and designer finishes. An east-facing balcony takes in views across the estate.

The original stables were converted to a wellness retreat with a cocktail lounge, a golf simulator room and a rec room. The garages can accommodate six cars.

Gibson and Ken Jacobs of Private Property Global were the listing agents for 29 Callanans Road, Melbourne, Victoria, Australia. The sellers were international businessman Mark Healey and his wife Kelly.

Red Hill is about an hour to the south of Melbourne.

Private Property Global is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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