PANORAMA HOUSE: MELBOURNE’S $16M BAYSIDE MASTERPIECE ON THE MARKET
Panorama House is where contemporary art meets bayside luxury. This award-winning five-bedroom Middle Park home boasts panoramic Port Phillip Bay views.
2 min
Part contemporary art gallery, part bayside mansion, Panorama House is a landmark Melbourne home without parallel.
The award-winning Middle Park house is the dream home of self-tan mogul, Kirstie Kirkham, who founded MineTan Body Skin a decade ago.
Now the beauty empire boss has listed her unrivalled residence for $15.9 million to $16.3 million with Kay & Burton director Andrew Sahhar and Danielle Horne alongside co-agent Hugh Jones of Agency Outcomes.
Kirkham is apparently moving on after reportedly paying more than $30 million for the Toorak home of hospitality industry couple Robert and Elizabeth Zagame.
On the corner of bustling Beaconsfield Pde and tree-lined Harold St, the five-bedroom Middle Park property took home two accolades in the 2025 Australian Interior Design Awards; Residential Decoration and Residential Design Best of State (Victoria).
Panorama House, so named thanks to its expansive 270-degree Port Phillip Bay and city views, has appeared in Vogue Living magazine, Yellowtrace, Est and Living Etc.
Melbourne-based interior designer Sally Knibbs of Sally Caroline studio was commissioned to transform the 2018 home built by Visioneer, which Kirkham bought in 2022 from Computershare co-founder Penelope Maclagan for $11.5 million.
Behind its unique raw brick and steel facade, luxury materials are abundant including Travertine Pewter, Green Onyx, and Calacatta marbles including, Romano, Verde, Corchia, Tanotti Green, and Menta.
Surrounded by a sea of traditional yet classically renovated Federation bungalows, the 21st century building is a statement piece in a coveted waterfront location. The home’s own website declares it is a “design that does’t shout. It simply belongs.”
From the ground up, the three-level floor plan makes use of every square centimetre on the 423sq m corner block.
The spacious basement car park offers the homeowner a four-car garage, made possible thanks to a sleek turntable. Underground amenities also include a cellar with wine fridge and a meat dry ager, plus a home gym.
One level up and the ground floor is home to a vast open plan entertaining zone combining a lounge area and wet bar that spills out to an internal landscaped courtyard with retractable roof.
Two bedrooms and two bathrooms, plus a large family-friendly laundry, also sit on the same entry level.
A private lift connects all three layouts with the first floor featuring more everyday entertaining spaces.
A large lounge room is warmed by an Oblica fireplace and frames beach views, while the sophisticated chef’s kitchen has Gaggenau and Sub-Zero appliances, a statement island bench, and a walk-in pantry. The formal dining room has its own dramatic sweeping CBD backdrop.
In the palatial main bedroom suite there is a walk-in wardrobe, a double shower ensuite, as well as access to the private barbecue terrace. A neighbouring glass-walled office has an inspiring panorama of the bay.
Added extras at Panorama House include a Tesla home battery, solar energy integration, and provisions for a pool.
While the bay is on the doorstep, the Beaconsfield Pde home is also close to St Kilda, Armstrong St and Victoria Ave eateries, Albert Park, and loads of city-bound transport.
Co-agents Kay & Burton Bayside and Agency Outcomes are marketing Panorama House via in expressions of interest campaign, closing on September 15, at 5pm
Victorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price. Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to …
Continue reading “Victoria’s New Auction Rules Will Force Reserve Prices Into the Open”
Four decks, 34.5 metres and a made-to-measure interior: step aboard the new Custom Line Navetta 35, unveiled at Cannes.
2 minVictorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price.
Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to auctions and fixed-date sales held from 16 October.
The reserve must be presented as a single dollar amount. Advertising and the new Property Price Statement must be updated to match it, without qualifiers such as “from”, “over” or “starting at”. If the reserve has not been published seven days before the scheduled sale, the auction or fixed-date sale cannot proceed and penalties may apply.
For buyers, the immediate benefit is clearer budget discipline. A purchaser should be less likely to pay for inspections, strata reviews, contract advice and loan preparation on a property whose seller will not accept a price within the advertised range.
That does not mean the published reserve predicts the result. Competitive bidding may still carry a property far beyond it. Nor does it remove the need to value the property independently. The reserve is the seller’s minimum at that stage of the campaign, not an expert statement of market value.
The Statement of Information will be replaced by a more prominent Property Price Statement. Agents must disclose key features of the property and of the comparable sales used to support the quoted price. Where three appropriate comparables cannot be identified, one or two must be supplied if they exist.
Sold-price transparency will also increase. Agents must add the unconditional sale price to the Property Price Statement within seven days and keep that statement available publicly for at least 18 months, subject to limited exemptions including personal or family-violence concerns.
Later changes will require Section 32 vendor statements to be made available earlier, including at least 14 days before an auction or fixed-date sale from June 2027. From July 2027, agents will be prevented from taking commission from deposits released before settlement.
Vendors and agents will need to adjust campaign strategy. Setting a reserve earlier may reduce last-minute flexibility and make price expectations more visible to competing buyers. Some vendors may prefer private treaty campaigns, although those sales remain subject to broader pricing and disclosure laws.
For buyers, the practical response is not simply to bid up to the disclosed reserve. Use it as one data point alongside comparable sales, building and pest reports, owners-corporation records, planning constraints and finance approval. Decide on a maximum before the auction and do not confuse the seller’s minimum with your own valuation.
Key dates
– 1 October 2026: Most new rules commence
– 9 October 2026: First reserve disclosures may be required for sales on 16 October
– 16 October 2026: New reserve rules apply to auctions/fixed-date sales from this date
– 1 June 2027: Earlier Section 32 availability begins
– 1 July 2027: Restrictions on commission from released deposits begin
– 1 December 2027: Broader sold-price reporting to Consumer Affairs begins
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