Luxury and refinement at the country estate with everything
It’s the perfect weekender for Sydneysiders with a wide social circle – and deep pockets
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The term estate tends to get overused in real estate circles these days – but not in this case.
Set among 12.1ha of park-like grounds, this gracious home at 1620 Kangaloon Road, Kangaloon in the Southern Highlands has everything country living is known for, all within easy reach of Sydney.
The main residence is a single level, architect-designed home with seven bedrooms and four bathrooms spread across the floorplan. Entry is via a tree-lined walkway leading to a spacious reception area. A north-facing open plan living area leads to multiple spaces for dining, entertaining or just relaxing to take in the view of the lake from the veranda.
The kitchen, including a 3m long Italiana stone island benchtop, is ideal for servicing small groups or a crowd, with a butler’s pantry and ample storage.
Thermal comfort is maintained year round, thanks to heated floors, reverse cycle aircon and fireplaces, ideal for creating a little atmosphere on cold winter evenings.
Beyond the main house, a self-contained cottage with two bedrooms on the upper floor is ideal for guests.
But this is just the start of what is on offer at this address, which includes seven fenced paddocks and a competition-sized equestrian arena, as well as orange, mandarin and lime orchards and espaliered lemon trees.
Positioned 16km south of Bowral, it is just 6km from the historic village of Robertson.
Address: 1620 Kangaloon Road, Kangaloon
Auction: 11am March 12
Open for inspection: Saturday March 4, 2.30pm-3.30pm
Price guide: $13 million
Agent: Ben Olofsen, The Agency 0419 019 423 theagency.com.au
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Strong population growth, major infrastructure spending and comparatively affordable property are expected to cement Melbourne’s position as Australia’s most attractive long-term real estate market.
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Melbourne is poised to become Australia’s largest city within the next decade, with strong population growth, infrastructure investment and relative affordability driving long-term property demand.
A new research report from Knight Frank argues the Victorian capital remains one of the country’s most compelling markets for investors, businesses and residents.
The report highlights the city’s rapidly expanding population, diverse economy and major infrastructure pipeline as key factors underpinning future property growth.
Knight Frank Managing Director Victoria, Dominic Long, said Melbourne’s fundamentals continue to position the city strongly for long-term investment.
“Melbourne continues to stand out as one of Australia’s most compelling real estate markets,” he said.
“It is Australia’s strongest long-term growth city with the fastest growing population, the most diversified economy, world-class liveability and the most affordable major market for office, industrial and residential property.”
Population growth driving demand
Melbourne’s population has grown at an average rate of 1.8 per cent per year since 2000, faster than any advanced global economy, according to the research.
In the year to June 2025 alone, the city added about 123,500 residents, the largest annual increase of any Australian capital.
Population growth is expected to remain one of the key drivers of demand across residential and commercial property markets, including housing, offices and logistics space.
The report forecasts Melbourne’s population will overtake Sydney’s by the 2030s, reinforcing its position as the country’s fastest-growing major city.
Office market offering value
Melbourne’s CBD office market is also attracting renewed attention from investors.
Prime office rents remain significantly lower than in competing cities, with CBD office space about 46 per cent cheaper than Sydney and around 13 per cent cheaper than Brisbane.
That relative affordability is expected to drive long-term demand from occupiers and investors seeking value in Australia’s largest office markets.
The city’s office sector is also showing signs of recovery, with effective rents rising in 2025 and demand increasing for high-quality buildings in premium locations.
Industrial market benefiting from scale
Melbourne’s industrial sector continues to expand, supported by strong population growth, e-commerce demand and the scale of the city’s logistics network.
The city already hosts the country’s largest industrial market, with about 34 million square metres of warehousing stock and significant land available for future development.
Industrial rents remain competitive compared with other capitals, while Melbourne’s port handles the largest container volumes in Australia, further supporting demand for logistics space.
Infrastructure pipeline supporting growth
More than $200 billion in transport infrastructure investment between 2014 and 2036 is also expected to reshape the city and support future property values.
Major projects include the Metro Tunnel, the West Gate Tunnel, the North-East Link and the Suburban Rail Loop, which together will improve connectivity across Melbourne and its growth corridors.
Knight Frank’s Head of Research & Consulting, Victoria, Dr Tony McGough, said these investments would play a key role in supporting the city’s economic expansion.
“Melbourne is Australia’s most economically diverse city and has delivered stable growth for more than two decades,” he said.
“With strong population growth, a highly educated workforce and unprecedented infrastructure investment, Melbourne is well placed to remain one of Australia’s most attractive long-term property markets.”
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