BYRON HINTERLAND TROPHY HOME WITH STAR POWER RETURNS TO MARKET
Award-winning Byron hinterland estate Amileka returns to market, blending architectural pedigree, celebrity history and lucrative luxury retreat appeal.
2 min
A Byron Bay hinterland trophy home that once starred on Love Island Australia has resurfaced for sale after making a brief appearance on the market last year.
Amileka in Federal, 24kms from the famous shores of Byron Bay, was listed for a short time in July with a guide of more than $8m, but is now asking $7m to $7.7m with Sotheby’s agent Will Phillips via an expressions of interest campaign, closing on March 12, at 5pm.
The contemporary homestead on 10ha last sold for $9.5 million during the regional post-pandemic boom in 2022. Since then, the iconic house has been earning its owners thousands of dollars a night as a glamorous short term rental.
Built in 2008, Amileka took home the Australian Institute of Architects (NSW country division) Architecture Award in the same year. The minimalist design on secluded Blackbean Lane was crafted by architect owner Sharon Fraser and her husband, Steve Esson.
Tom Lane, of the Oroton fashion family empire and his stylist wife Emma, then bought Amileka for $4 million in 2011. They sold up in 2015 for $3.5 million to the Johnson family, who offered up the compound to feature as the Love Island home for the Channel 9 dating show’s third season in 2017.
Later, in 2022, the remote residence was snapped up by Mikaela Lancaster, Spotify Australia managing director, and her husband Mark Britt, founder of video-streaming platform Iflix. Lancaster and Britt are now seeking Amileka’s next custodians.
The main home has a large sunken lounge room and a spacious dining zone seamlessly connected to the gourmet kitchen and multiple outdoor terraces. In the designer gas kitchen there are stone surfaces including a big island bench, and a discreet but large butler’s pantry.
Created for grand scale outdoor entertaining, Amileka’s alfresco options include a central courtyard, level lawns with rolling district views punctuated by ancient Black Bean, fig and pandanus trees, plus an 18m by 5m pool and a fire pit.
Internally, the house features a stately formal entry, honed concrete floors with solar hydronic heating, bespoke cabinetry, walls of windows to capture the leafy outlook, a dedicated media room, and five bedrooms.
Off the primary suite there is a large walk-in wardrobe, an ensuite with bidet and a private hot tub, plus the house has two more family-friendly bathrooms.
Additionally, the estate also has a three-bedroom caretaker’s cottage with its own swimming pool.
Famous for its legendary lush vistas, untouched rainforest and waterfalls, the Byron Hinterland is also known for picturesque sleepy villages such as Bangalow and eclectic fine dining options.
Federal is home to a small general store, the popular Doma Cafe, and is approximately a 25-minute drive from Byron Bay, 35 minutes to Ballina Airport and 50 minutes to Coolangatta International Airport.
Amileka in the Byron Bay hinterland is for sale with Sotheby’s International Realty via an expressions of interest campaign, closing on March 12, 5pm.
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Office rents in Sydney, Melbourne and Brisbane are climbing at their fastest pace since the pandemic as tenants compete for premium CBD space amid tightening supply.
2 min
Australia’s major CBD office markets are recording some of their strongest rental growth since the pandemic, with businesses increasingly prioritising premium office space despite elevated geopolitical and economic uncertainty.
Knight Frank’s Australian Office Indicators Q1 2026 report found net effective rents in Sydney and Melbourne CBDs rose at their fastest annual pace since COVID-19, increasing 10.2 per cent and 6.8 per cent respectively over the 12 months to March.
Brisbane posted the strongest growth nationally, with net effective rents climbing 11.7 per cent over the same period.
The report points to a widening divide between prime CBD office towers and secondary office stock, as occupiers increasingly focus on quality, location and workplace amenity when making leasing decisions.
Knight Frank Senior Economist, Research & Consulting Alistair Read said demand remained heavily concentrated in premium assets within core CBD precincts, helping drive stronger rental growth in top-tier buildings.
“Occupier demand continues to be heavily concentrated in the most desirable CBD precincts and the highest-quality buildings, accelerating a sharp divergence between core and non-core markets,” Mr Read said.
According to the report, Sydney’s Core precinct and Melbourne’s Eastern Core significantly outperformed broader CBD markets over the past year.
“In Sydney’s Core precinct and Melbourne’s Eastern Core, net effective rents surged 14.3% and 16.1% over the past year, significantly outperforming the rest-of-CBD precincts,” Mr Read said.
The rental gap between prime and non-prime office locations has also continued to widen sharply.
“As a result, core CBD rents are now 54% higher than non-core locations in Sydney and 93% higher in Melbourne, highlighting the growing premium placed on amenity, accessibility and workplace quality,” he said.
Knight Frank said the strong rental growth across the major CBDs was being underpinned by a limited supply pipeline, with few new office developments expected to be delivered in the near term.
Mr Read said subdued construction activity was likely to support ongoing rental growth and tighter vacancy rates over the medium term, particularly for premium office towers.
“The combination of sustained demand and declining levels of new development will aid ongoing prime rental growth and lower vacancy rates over the medium term, particularly for best-in-class assets,” he said.
The report noted that current economic conditions were making new office developments increasingly difficult to justify financially.
“Economic rents remain well above expected market rents, making the construction of new office towers largely unviable, and concentrating tenant demand into existing buildings,” Mr Read said.
While suburban office markets generally remained subdued compared with CBDs, Melbourne’s Southbank precinct was identified as a relative outperformer, recording annual net effective rental growth of 2.7 per cent.
The report comes as broader Asia-Pacific office markets continue to stabilise following several years of disruption linked to hybrid work trends, inflation and rising interest rates.
Knight Frank’s separate Asia-Pacific Q1 2026 Office Highlights report found Sydney and Brisbane were among the strongest-performing office rental markets in the region, behind only Bengaluru and Tokyo for annual prime net face rental growth.
The Asia-Pacific report also found 18 of the 24 cities monitored across the region recorded stable or increasing rents in the first quarter of 2026, even as geopolitical uncertainty intensified following escalating conflict in the Middle East.
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