Live Next to Venus Williams in South Florida for $30 Million
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Live Next to Venus Williams in South Florida for $30 Million

The beachfront home that neighbours the tennis star’s is also down the street from Tiger Woods’s sprawling estate

By CASEY FARMER
Sun, Nov 17, 2024 7:00amGrey Clock 2 min

A beachfront home on Jupiter Island, Florida, that’s right next door to the home of tennis great Venus Williams has hit the market for $29.95 million.

Built in 1960, the house—which is about 20 miles north of Palm Beach—sits on more than 2.5 acres that’s heavily landscaped for privacy and has about 212 feet of beachfront.

“It’s nearly 3 acres on the ocean, which is very, very difficult to get,” said listing agent Shawn Elliott of Nest Seekers International, who brought the property to the market on Monday. He shares the listing with Stephanie Schwed.

Williams isn’t the only sports phenom in the neighbourhood—down the street, on the Intracoastal side, is Tiger Woods’s sprawling estate that features a golf practice area with three greens and has an estimated market value of more than $60 million, according to PropertyShark.

The seller of the newly listed home bought the property in early 2022 for $16.5 million using a limited liability company, records show. Mansion Global couldn’t identify the seller.

The yellow-painted, Bermuda-style home was designed by architect John Volk, who worked in and around Palm Beach from the 1920s until his death in 1984.

Across its more than 6,300 square feet, the property has six bedrooms and six and a half bathrooms, including an upstairs primary suite with front-to-back views and a ground-floor primary suite, which also has ocean views, Elliott said.

The home surrounds a courtyard pool, which is heated, and there’s a two-bedroom guest house that doubles as a pool house. The property also has a separate apartment for more guest or staff accommodations.

The seller installed new storm shutters, and there are also hurricane windows and a generator that serves the entire house.

From the backyard, the beach is accessible down a private path.

“The beach is beautiful—it’s white sand,” Elliott said. “You’re right on the ocean, it’s pretty special.”



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AUSTRALIA’S HOUSING CRUNCH: MCGRATH REPORT CALLS FOR SUPPLY-LED SOLUTIONS

The 2026 McGrath Report warns that without urgent reforms to planning, infrastructure and construction, housing affordability will continue to slip beyond reach for most Australians.

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Australia’s housing market has reached a critical juncture, with home ownership and rental affordability deteriorating to their worst levels in decades, according to the McGrath Report 2026.

The annual analysis from real estate entrepreneur John McGrath paints a sobering picture of a nation where even the “lucky country” has run out of luck — or at least, out of homes.

New borrowers are now spending half their household income servicing loans, while renters are devoting one-third of their earnings to rent.

The time needed to save a 20 per cent deposit has stretched beyond ten years, and the home price-to-income ratio has climbed to eight times. “These aren’t just statistics,” McGrath writes. “They represent real people and real pain.”

McGrath argues that the root cause of Australia’s housing crisis is not a shortage of land, but a shortage of accessibility and deliverable stock.

“Over half our population has squeezed into just three cities, creating price pressure and rising density in Sydney, Melbourne and Brisbane while vast developable land sits disconnected from essential infrastructure,” he says.

The report identifies three faltering pillars — supply, affordability and construction viability — as the drivers of instability in the current market.

Developers across the country, McGrath notes, are “unable to make the numbers work” due to labour shortages and soaring construction costs.

In many trades, shortages have doubled or tripled, and build costs have surged by more than 30 per cent, stalling thousands of projects.

Need for systemic reform

McGrath’s prescription is clear: the only real solution lies in increasing supply through systemic reform. “We need to streamline development processes, reduce approval timeframes and provide better infrastructure to free up the options and provide more choice for everyone on where they live,” he says.

The 2026 edition of the report also points to promising trends in policy and innovation. Across several states, governments are prioritising higher-density development near transport hubs and repurposing government-owned land with existing infrastructure.

Build-to-rent models are expanding, and planning reforms are gaining traction. McGrath notes that while these steps are encouraging, they must be accelerated and supported by new construction methods if Australia is to meet demand.

One of the report’s key opportunities lies in prefabrication and modular design. “Prefabricated homes can be completed in 10–12 weeks compared to 18 months for a traditional house, saving time and money for everyone involved,” McGrath says.

The report suggests that modular and 3D-printed housing could play a significant role in addressing shortages while setting a new global benchmark for speed, cost and quality in residential construction.

Intelligent homes

In a section titled Weathering the Future: The Power of Smart Design, the report emphasises that sustainable and intelligent home design is no longer aspirational but essential.

It highlights new technologies that reduce energy use, improve thermal efficiency, and make homes more resilient to climate risks.

“There’s no reason why Australia shouldn’t be a world leader in innovative design and construction — and many reasons why we should be,” McGrath writes.

Despite the challenges, the tone of the 2026 McGrath Report is one of cautious optimism. Demand is expected to stabilise at around 175,000 households per year from 2026, and construction cost growth is finally slowing. Governments are also showing a greater willingness to reform outdated planning frameworks.

McGrath concludes that the path forward requires bold decisions and collaboration between all levels of government and industry.

“Australia has the land, demand and capability,” he says. “What we need now is the will to implement supply-focused solutions that address root causes rather than symptoms.”

“Only then,” he adds, “can we turn the dream of home ownership back into something more than a dream.”

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