Gold Coast’s Trophy Market Fires Up for Summer. But It’s Not The Beach.
Prestige demand is shifting inland, where riverfront estates and acreage compounds are setting new records.
2 min
The Gold Coast prestige property market has ignited ahead of summer, but this time the heat isn’t coming from the beachfront. Instead, high-end buyers — both local and interstate — are turning their attention inland, where sprawling acreages and riverfront estates are redefining luxury living.
The latest headline-grabbing sale is Rivers Bend in Carrara (pictured), which has changed hands for a record $26 million — the highest price achieved along Main River this year and the second-largest riverfront sale in Gold Coast history.
Set on 6,300 sqm, the estate offers a masterclass in design and amenities. The primary residence features five bedrooms, including a master suite with a Nero Marquina marble ensuite and a 1.2-tonne freestanding bath. A gym, theatre room, 700-bottle temperature-controlled wine cellar, and garaging for 12 vehicles add to the home’s appeal.
Outdoors, the riverside entertaining terrace features a commercial-grade bar and kitchen. In contrast, the 18m saltwater pool — complete with spa, swim-up bar, firepit and TV — overlooks a championship-sized tennis court and rooftop pavilion. A self-contained two-bedroom guesthouse, complete with its own pool and spa, rounds out the estate.
The sale of Rivers Bend follows that of Redwood, the Currumbin Valley acreage that was quietly sold for $28 million earlier this year. The 2.88-hectare estate, last purchased for $2.55 million in 2017, was transformed by vendor Bridget Deer, wife of Ignite Travel founder Randall Deer.
The only other sale this year to break through the $20 million threshold was a Hamptons-style riverfront home in Southport, selling for $22 million.
Designed by Bayden Goddard, the four-level, 1,805sqm residence on Macmillan Court showcases century-old red ironbark flooring, Carrara marble, and chandeliers sourced from New York and Paris.
Among its highlights are five ensuite bedrooms, a chef’s kitchen with a cold room and three ovens, a 3,000-bottle wine cellar, an Aspen-inspired games den, and a six-bar basement.
The top floor is dedicated to leisure, featuring a gym, steam room, and a rooftop bar that accommodates up to 50 guests, complemented by open-plan living spaces that flow seamlessly into a north-facing saltwater pool and spa.
The newest addition to the trophy market is The Estate in Tallai, listed by former AFL player turned tech entrepreneur Brad Moran and marketed by Kollosche. Carved into the mountainside of its 8,888 sqm site, the ultra-luxury residence makes a statement from arrival, with a circular driveway of 75,000 hand-laid cobblestones and a five-element fountain finished in 24-carat gold mosaics.
The 2,240sqm home spans three levels and features 10 bedrooms, 11 bathrooms, a whisky bar, poker room, 16-seat cinema, and a wellness centre complete with gym, yoga studio, sauna, steam room, and hydrotherapy pools.
Outside, a “private fun park” includes a 160m go-kart track, putting green, basketball court, and 20m gold-tiled infinity pool.
Three self-contained “Sky Residences” cater for guests. At the same time, a glass-fronted garage gallery with space for nine cars — plus a race simulator and executive office — cements The Estate as one of the Gold Coast’s most spectacular offerings.
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3 min
Listing of the Day
Location: Downtown Brooklyn, New York
Price: $16.75 million
Boasting 360-degree panoramic views across New York City, this new 92nd-floor penthouse is the highest residence in Brooklyn.
The full-floor apartment stands atop the new Brooklyn Tower, which encompasses 143 condos and 398 rentals in the heart of downtown Brooklyn, said Katie Sachsenmaier, senior sales director, Corcoran Sunshine Marketing Group.
The condos begin on the 53rd floor, and the penthouses begin on the 88th floor. This one, Penthouse 92, is the only full-floor penthouse.
“The building is coming into its own now,” she said. “It feels very busy when you step into the lobby.”
Developed by Silverstein Properties, the building at 85 Fleet Street rises from the historic Dime Savings Bank building, according to a news release.
It was designed by SHoP Architects with interiors curated by Gachot Studios, and it is the borough’s only super tall skyscraper.
Penthouse 92 features custom interiors by Brooklyn-based Susan Clark of design firm Radnor, Sachsenmaier said. “Her selections have made it really beautiful. It feels very warm and inviting.”
Architectural details include 12-foot ceilings, European white oak floors in a custom honey stain, mahogany millwork, bronze detailing and floor-to-ceiling windows.
The eat-in kitchen features Absolute Black stone countertops, an island with seating, oil-rubbed bronze Waterworks fixtures and integrated Miele appliances, according to the listing.
The primary en suite bathroom showcases large-format Honed Breccia Capraia marble. There is also a separate laundry room as well as a wet bar and a butler’s pantry.
The views are spectacular, Sachsenmaier said. “If you’re standing in the living room, you take in the Statue of Liberty and all the way up through Midtown. On a clear day, you can see the planes take off at LaGuardia (Airport).”
Photo: Sean Hemmerle
Moving around the apartment, you see south over the harbor and then north and east over the whole city, she said.
From the front door, “you’re immediately greeted with the expansive living room and the view,” she said. “It’s really the first thing you see.”
The primary suite features a dressing room, multiple walk-in closets, two bathrooms (one with a cedar sauna) and southwest-facing windows, Sachsenmaier said. “You get those really beautiful harbour views.
The amenities will be ready by the end of summer, she said. A Life Time club will occupy the entire sixth and seventh floors, and an outdoor pool deck wraps around the dome of the bank building.
Stats
The 5,891-square-foot home has four bedrooms, five full bathrooms and one partial bathroom.
Amenities
Residents will have access to over 100,000 square feet of exclusive indoor and outdoor leisure spaces.
Fitness company Life Time will manage an array of amenities that include a 75-foot indoor lap pool, outdoor pools, a poolside lounge and atrium, a billiards room, a library lounge, a conference room, a theatre with a wet bar, a children’s playground and playroom and limited off-site parking.
The Sky Park offers an open-air loggia with a basketball court, foosball, a playground and a dog run.
Photo: Gabriel Saunders
Neighbourhood Notes
Downtown Brooklyn is at the centre of a number of neighbourhoods, including Fort Greene, Cobble Hill, Boerum Hill and Brooklyn Heights. The tower has access to 13 subway lines, 11 commuter trains, the city’s ferry network and 22 Citi Bike stations.
“You can walk to Fort Greene Park in less than 10 minutes,” and Dekalb Market Hall, which has a Trader Joe’s, a Target and a food hall, is “right next door,” Sachsenmaier said.
Agent: Katie Sachsenmaier, senior sales director, Corcoran Sunshine Marketing Group
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