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.
A record-breaking $11 million sale at The Centennial Collection has set a new benchmark for luxury apartment living in Bondi Junction.
As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
The imposing stone structures, with towers, turrets and a hot tub room, lord over the landscape near the mountain resort town of Sandpoint.
2 min
Idaho is not a place that’s often associated with Medieval castles, but a pair have just hit the market for $6.25 million.
The imposing stone structures have towers, turrets, ramparts, arrow-slit windows and even a drawbridge, and might just be the most authentic-looking castles this side of the Atlantic.
“Who expects to see a castle like this in Idaho?” said listing agent Brenda Burk of Coldwell Banker Schneidmiller Realty, who brought the property to the market last week. They are, she said, “extremely unusual.”
Schweitzer Castle and Château de Melusine, as they’re known, stand within Schweitzer Mountain Resort in the Selkirk Mountains and overlook the nearby mountain resort town of Sandpoint. They take in panoramic views of Lake Pend Oreille, Idaho’s largest lake.
The pair of ski-in/ski-out homes each have three bedrooms, two bathrooms and three stories, Burk explained. They are “so authentic,” she said. “Every single stone was handlaid.”
Schweitzer Castle, she said, wasn’t built for “functionality,” but has been modernized and adapted and now has everything a 21st-century residence requires, along with a dungeon, which for some buyers may also be a requisite.
The chateau, meanwhile, has a hot tub room with mountain views, as well as a garage.
The property is being sold furnished, and will come complete with the hand-carved statues, armor, mounted swords, stained-glass windows and a host of antiques dating to the 15th and 16th centuries.
The owner, an antique collector who couldn’t be reached for comment, “is always looking for that hidden jewel and he found that here,” Burk said.
The next custodian is likely to stem from a varied pool of buyers, Burk said, that would include “the trophy-home buyer, someone who can say ‘I own a castle.’”
The property could also appeal to someone looking for a vacation home, or a multi-generational estate, and beyond that “there’s the dreamers,” she said. “We definitely try to market to people who like Medieval history or maybe do Renaissance fairs.”
The seller “really wants it to go to someone with the same passion.”
From Italian vegetable-tanned leather to real-world training insight, Australian brand PK9 Gear is redefining what luxury means for discerning dog owners.
From farm-to-table Thai to fairy-lit mango trees and Coral Sea vistas, Port Douglas has award-winning dining and plenty of tropical charm on the side.
