INSIDE AUSTRALIA’S MOST EXCLUSIVE REAL ESTATE CLUB
Off-market real estate is the gold standard in luxury, where privacy, prestige and exclusivity come first.
Off-market real estate is the gold standard in luxury, where privacy, prestige and exclusivity come first.
In a world saturated with luxury listings, glossy marketing campaigns and high-profile property sales, there remains a quietly powerful corner of the real estate market—one that thrives on trust, privacy, and exclusivity.
At the centre of this discreet world is Monika Tu, Founder and Director of the Black Diamondz Group, widely recognised for leading the revolution of global buyers into Australia’s ultra-prestige property market.
Tu, whose clients include billionaires, celebrities, and political leaders, operates in a rarefied space where the most desirable homes are never advertised, and deals are often done before the broader market even knows a property is for sale.
Off-market real estate isn’t a niche for her—it’s the gold standard.
“In the ultra-high-net-worth space, discretion is not a luxury — it’s a necessity,” Tu explains. “My clients are often celebrities, global business leaders, and influential investors who value privacy above all else. Off-market deals provide that veil of exclusivity.”
But for Tu, the allure of off-market transactions isn’t just about secrecy — it’s about substance.
A growing appetite for luxury
These clients, she says, aren’t merely buying houses. “They are acquiring legacies, generational wealth, and status symbols — and that level of prestige is rarely found on public portals,” she says,
As Australia’s luxury market tightens amid limited premium stock and global volatility, the appetite for private, bespoke deals is rising.
“In 2025, especially with ongoing market volatility and limited premium stock, off-market opportunities have become even more appealing,” she says. “They offer a sense of control in an otherwise competitive market.”
So how do these deals begin?
“It always starts with trust,” says Tu. “I often say that luxury real estate isn’t just about property — it’s about people. The best off-market transactions begin through curated relationships: long-standing connections, private referrals, and personal introductions.”

Privacy, Exclusivity & Power
The advantages of transacting away from the public eye are threefold, Tu says: “privacy, exclusivity, and negotiating power.”
Privacy, of course, is paramount. “It ensures they can transact without media speculation or market noise — especially important for politically exposed persons or high-profile figures.”
Exclusivity, meanwhile, creates cachet. “They’re accessing real estate most will never know is available — these are trophy assets, often passed quietly between elite hands.”
And for sellers, it’s an elegant way to test the market — discreetly. “Avoiding public listings protects them from over exposure and allows them to test the market without commitment,” she says.
“It also creates a sense of prestige. Some of our most successful sales have been whisper listings — sold to the right buyer, at the right time, for the right price.”
Although identities remain confidential, one such sale involved a waterfront estate in Sydney’s Eastern suburbs valued at more than $60 million.
“The property had never been formally listed — it belonged to an ultra-private family who only wanted it shown to a ‘handpicked few.
“The buyer was an international billionaire relocating to Australia under the Significant Investor Visa program,” Tu says.
The deal, Tu recalls, was incredibly complex. “We negotiated over midnight calls, coordinated legal teams across three time zones, and even sourced a bespoke designer to help the buyer envision the home’s potential. We had it sold — quietly and cleanly — within three weeks.”
The Invisible Market
Tu says the off-market trend has only gained momentum in recent years. “In 2024 and 2025, we’ve seen record levels of wealth transfer, tighter stock levels at the top end of the market, and an increased appetite from overseas buyers — particularly from Asia and the Middle East — who want access to Australia’s safest, most prestigious homes.”
But there’s also a cultural shift driving this appetite for discretion. “The rise of social media, digital surveillance, and a 24/7 news cycle has made UHNWIs more protective of their privacy than ever,” Tu says. “Off-market is no longer niche — it’s the gold standard for how the elite transact.”
So what advice does she give those considering a step into this rarefied world?
“My number one piece of advice: choose your agent carefully,” Tu says. “Off-market success doesn’t come from slick marketing — it comes from relationships, insight, and discretion.”
“For buyers, be clear on what you want, be patient, and align yourself with someone truly embedded in the luxury space. This is not the world of open inspections and price reductions — it’s about timing and precision.”
And for sellers? “Understand that pricing power is maintained through exclusivity. Don’t feel pressured to go public unless it’s strategic. With the right network, your buyer is already out there — and they’ll pay a premium for privacy.”
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Weary of ‘smart’ everything, Americans are craving stylish ‘analog rooms’ free of digital distractions—and designers are making them a growing trend.
James and Ellen Patterson are hardly Luddites. But the couple, who both work in tech, made an unexpectedly old-timey decision during the renovation of their 1928 Washington, D.C., home last year.
The Pattersons had planned to use a spacious unfinished basement room to store James’s music equipment, but noticed that their children, all under age 21, kept disappearing down there to entertain themselves for hours without the aid of tablets or TVs.
Inspired, the duo brought a new directive to their design team.
The subterranean space would become an “analog room”: a studiously screen-free zone where the family could play board games together, practice instruments, listen to records or just lounge about lazily, undistracted by devices.
For decades, we’ve celebrated the rise of the “smart home”—knobless, switchless, effortless and entirely orchestrated via apps.
But evidence suggests that screen-free “dumb” spaces might be poised for a comeback.
Many smart-home features are losing their luster as they raise concerns about surveillance and, frankly, just don’t function.
New York designer Christine Gachot said she’d never have to work again “if I had a dollar for every time I had a client tell me ‘my smart music system keeps dropping off’ or ‘I can’t log in.’ ”
Google searches for “how to reduce screen time” reached an all-time high in 2025. In the past four years on TikTok, videos tagged #AnalogLife—cataloging users’ embrace of old technology, physical media and low-tech lifestyles—received over 76 million views.
And last month, Architectural Digest reported on nostalgia for old-school tech : “landline in hand, cord twirled around finger.”
Catherine Price, author of “ How to Break Up With Your Phone,” calls the trend heartening.
“People are waking up to the idea that screens are getting in the way of real life interactions and taking steps through design choices to create an alternative, places where people can be fully present,” said Price, whose new book “ The Amazing Generation ,” co-written with Jonathan Haidt, counsels tweens and kids on fun ways to escape screens.
From both a user and design perspective, the Pattersons consider their analog room a success.
Freed from the need to accommodate an oversize television or stuff walls with miles of wiring, their design team—BarnesVanze Architects and designer Colman Riddell—could get more creative, dividing the space into discrete music and game zones.
Ellen’s octogenarian parents, who live nearby, often swing by for a round or two of the Stock Market Game, an eBay-sourced relic from Ellen’s childhood that requires calculations with pen and paper.
In the music area, James’s collection of retro Fender and Gibson guitars adorn walls slicked with Farrow & Ball’s Card Room Green , while the ceiling is papered with a pattern that mimics the organic texture of vintage Fender tweed.
A trio of collectible amps cluster behind a standing mic—forming a de facto stage where family and friends perform on karaoke nights. Built-in cabinets display a Rega turntable and the couple’s vinyl record collection.
“Playing a game with family or doing your own little impromptu karaoke is just so much more joyful than getting on your phone and scrolling for 45 minutes,” said James.

“Dumb” design will likely continue to gather steam, said Hans Lorei, a designer in Nashville, Tenn., as people increasingly treat their homes “less as spaces to optimise and more as spaces to retreat.”
Case in point: The top-floor nook that designer Jeanne Hayes of Camden Grace Interiors carved out in her Connecticut home as an “offline-office” space.
Her desk? A periwinkle beanbag chair paired with an ottoman by Jaxx. “I hunker down here when I need to escape distractions from the outside world,” she explained.
“Sometimes I’m scheming designs for a project while listening to vinyl, other times I’m reading the newspaper in solitude. When I’m in here without screens, I feel more peaceful and more productive at the same time—two things that rarely go hand in hand.”
A subtle archway marks the transition into designer Zoë Feldman’s Washington, D.C., rosy sunroom—a serene space she conceived as a respite from the digital demands of everyday life.
Used for reading and quiet conversation, it “reinforces how restorative it can be to be physically present in a room without constant input,” the designer said.
Laura Lubin, owner of Nashville-based Ellerslie Interiors, transformed a tiny guest bedroom in her family’s cottage into her own “wellness room,” where she retreats for sound baths, massages and reflection.
“Without screens, the room immediately shifts your nervous system. You’re not multitasking or consuming, you’re just present,” said Lubin.
As a designer, she’s fielding requests from clients for similar spaces that support mental health and rest, she said.
“People are overstimulated and overscheduled,” she explained. “Homes are no longer just places to live—they’re expected to actively support well-being.”
Designer Molly Torres Portnof of New York’s DATE Interiors adopted the same brief when she designed a music room for her husband, owner of the labels Greenway Records and Levitation, in their Lido Beach, N.Y. home. He goes there nightly to listen to records or play his guitar.
The game closet from the townhouse in “The Royal Tenenbaums”? That idea is back too, says Gachot. Last year she designed an epic game room backed by a rock climbing wall for a young family in Montana.
When you’re watching a show or on your phone, “it’s a solo experience for the most part,” the designer said. “The family really wanted to encourage everybody to do things together.”

Don’t have the space—or the budget—to kit out an entire retro rec room?
“There are a lot of small tweaks you can make even if you don’t have the time, energy or budget to design a fully analog room from scratch,” said Price.
Gachot says “the small things in people’s lives are cues of what the bigger trends are.”
More of her clients, she’s noticed, have been requesting retrograde staples, such as analog clocks and magazine racks.
For her Los Angeles living room, chef Sara Kramer sourced a vintage piano from Craigslist to be the room’s centerpiece, rather than sacrifice its design to the dominant black box of a smart TV. Alabama designer Lauren Conner recently worked with a client who bought a home with a rotary phone.
Rather than rip it out, she decided to keep it up and running, adding a silver receiver cover embellished with her grandmother’s initials.
Some throwback accessories aren’t so subtle. Melia Marden was browsing listings from the Public Sale Auction House in Hudson, N.Y. when she spotted a phone booth from Bell Systems circa the late 1950s and successfully bid on it for a few hundred dollars.
“It was a pandemic impulse buy,” said Marden.
In 2023, she and her husband, Frank Sisti Jr., began working with designer Elliot Meier and contractor ReidBuild to integrate the booth into what had been a hallway linen closet in their Brooklyn townhouse.
Canadian supplier Old Phone Works refurbished the phone and sold them the pulse-to-tone converter that translates the rotary dial to a modern phone line.
The couple had collected a vintage whimsical animal-adorned wallpaper (featured in a different colourway in “Pee-wee’s Playhouse”) and had just enough to cover the phone booth’s interior.
Their children, ages 9 and 11, don’t have their own phones, so use the booth to communicate with family. It’s also become a favorite spot for hiding away with a stack of Archie comic books.
The booth has brought back memories of meandering calls from Marden’s own youth—along with some of that era’s simple joy. As Meier puts it: “It’s got this magical wardrobe kind of feeling.”
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