Sprawling Lifestyle Estate In Southern Highlands For Sale
A rare 41-hectare Southern Highlands farm is on the market with a $10 million guide, as demand for prestige lifestyle estates continues to surge.
2 min
A rolling 41ha parcel of farmland in the Southern Highlands, which last sold back in 2012 for $3.05 million, has come to market with a price guide of $10 million.
The sprawling rural estate, once featured in Highlife Magazine showcasing its colourful gardens, is listed with Anne Stone of McGrath Bowral through a private treaty sale.
Beyond the stately front gates and meandering driveway, the working farm consists of a five-bedroom main residence coupled with a three-bedroom guest cottage, as well as a private self-contained studio space.
Also known as Dragon Farm, the picturesque pocket sits 10kms west of Robertson and 47kms from the shores of Kiama.
Near the sleepy hamlet of Wildes Meadow, the provincial property houses 17 fenced paddocks, a championship-sized tennis court with a pavilion, plus a wellness area including a gym and steam room.
Just in time for the Australian Open, McGrath recently highlighted the value of a home grown tennis court in its 2026 Prestige Residential report.
The demand for lifestyle properties with sporting amenities has surged since the early days of the pandemic in 2020, with tennis courts proving to be a big hit.
Along Australia’s east coast, the study showed there were 71 prestige properties with tennis courts sold in the 12-months to October 2025.
New South Wales accounted for 46 per cent of those transactions, and the McGrath paper reported a price premium of 42 per cent achieved for listings with a tennis court during that period.
“Super-prestige properties equipped with tennis courts remain tightly held. Rather than being transacted for a premium they’re being land banked, as the increasing rarity of estates on large parcels will likely drive value over the longterm,” said McGrath research analyst, Michelle Ciesielski.
The main homestead at the Southern Highlands property makes the most of its panoramic setting with district views from three separate living areas and covered wraparound verandas.
Within the 323sq m footprint of the primary residence there is a modern country style kitchen, a central courtyard and main bedroom with a study nook and ensuite.
Ideal for visitors or live-in staff, the rustic cottage measures approximately 140sq m and has an open plan living zone with kitchen flowing through to a traditional veranda, plus three bedrooms with built-in wardrobes and one ensuite.
Beside the cottage an original dairy shed has been transformed into an entertainer’s space with an outdoor kitchen and the separate studio retreat dishes up more accommodation with an alfresco area and fireplace.
Additionally, the tennis court cabana is also set up with a kitchenette and wellness area.
Within the property there are established internal roads, cattle yards and multiple sheds to support livestock or equestrian pursuits.
Currently, the land is home to 35 cows, two bulls and 25 calves grazing across the lush fertile pastures.
The grounds features a potager vegetable garden, a woodland walk and a sculptural Celtic-inspired garden with a maze and two dams.
Listed with Anne Stone of McGrath Bowral, 100 Blencowes Lane, Wildes Meadow is on the market via a private treaty campaign with a price guide of $10 million.
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As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.
3 min
Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.
Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.
Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.
“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.
“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”
Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.
Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.
“In the absence of stock, demand exceeds supply,” he said.
Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.
He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.
“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.
“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”
Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.
He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.
McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.
While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.
“People are looking for value for money,” she said.
She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.
“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.
The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.
“The viability of a development happens at the moment the site is bought,” he said.
He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.
While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.
“It is actually a business that requires a level of expertise,” he said.
Looking ahead, the panel agreed opportunities remained in the market despite current challenges.
Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.
McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.
Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.
“We can provide affordable housing in this country,” he said.
“But we’ve got to wrap that affordable housing with the things that people want.”
As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.
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