The Most Expensive House in Perth - Soho Real Estate (2024)

Want to know where to find the most expensive house in Perth?

In 2009, a sprawling mansion at Saunders St, Mosman Park, was sold for a staggering $57.5 million to Mineral Resources founder Chris Ellison. It is, to date, the most expensive house in Perth.

This record-breaking property boasts numerous features, including expansive gardens, a private jetty, and luxurious interiors. The price reflects the growing demand for premium real estate in the region.

Background on the Most Expensive House in Perth

The property at Saunders St, Mosman Park, originally set records for the most expensive residential sale in Australia beating the previous record of $45 million set by a Sydney waterfront property.

This mansion stands on a 7,567 square metre plot and has been a symbol of luxury for many years. It was first listed in 2007 and eventually the property sold on for $57.5 million in 2009.

Original Owner: Angela Bennett, Iron Ore Heiress

Angela Bennett, an iron ore heiress, was the original owner of this prestigious property. Her fortune comes from her father’s successful mining business.

Angela’s inheritance allowed her to build and maintain this expensive home which reflects her high status and wealth within the industry.

Sold to Mining Magnate Chris Ellison

The property was eventually sold to Chris Ellison, a mining magnate and head of Mineral Resources. Chris Ellison purchased the property for $57.5 million, marking it the highest residential sale in Australia’s history at that time.

The Ellisons have since planned to demolish part of the existing structures to build a new seven-storey home, expanding their luxury estate to over 8,800 square metres​​​​​​​​.

Detailed Description of the Property

The Most Expensive House in Perth - Soho Real Estate (1)

Situated in Mosman Park, one of Perth’s most exclusive suburbs, this property benefits from its prime location. The neighbourhood is known for its upscale homes and proximity to the Swan River. Residents enjoy a serene environment with stunning river views and high-end amenities.

The mansion features three separate buildings along with its own cinema and tennis court. Inside, the house boasts numerous bedrooms, five bathrooms each, and living spaces all designed with elegance.

The estate also includes a private jetty which offers direct access to the Swan River. Its amenities like the wine cellar and spa add layers of luxury and comfort.

The mansion blends traditional and modern architectural styles, creating a unique and elegant look. The use of high-quality materials and expert craftsmanship is evident throughout.

The design incorporates large windows and verandahs, which offer panoramic views of the surrounding landscape and the Swan River.

The interior of this mansion includes a cinema, a dining room and a wine cellar complete with a tasting room. Each bedroom features spacious dressing rooms and luxurious bathrooms.

The living rooms are designed for comfort and opulence, with high ceilings and finely crafted details. The spa and other state-of-the-art amenities also contribute to the property’s allure.

Unique Selling Points

The Most Expensive House in Perth - Soho Real Estate (2)

This mansion in Mosman Park sets itself apart through its outstanding location, impressive history, and lavish features. It includes a private cinema and jetty, adding to its exclusivity.

Unique FeatureDescription
LocationPrime riverside location in Mosman Park
LandholdingExpansive 7,567 sqm providing privacy and tranquillity
Exclusive AmenitiesPrivate cinema, jetty, tennis court, spa, wine cellar
Historical SignificanceRecord-setting sale price and ownership history

7 Most Expensive Houses Sold in Perth

One might ask, are houses expensive in Perth? Well, some certainly can be.

While these sales might not compare to the most expensive houses in Australia (found in Sydney and sold for $130 million), they are still impressive when you consider the relatively affordable housing prices in this capital city.

#1: Saunders St, Mosman Park

  • Price: $57.5 million | 2009
  • Details: Chris Ellison bought Saunders St in Mosman Park in 2020 for $57.5 million. This property has three buildings, a cinema, a private jetty and 7,567 square metres.

#2: 89 Watkins Road, Dalkeith

The Most Expensive House in Perth - Soho Real Estate (3)
  • Price: $27.5 million | 2020
  • Details: Built by high-profile businessman Alan Bond and his wife Eileen, the property spans over 6,406 square metres and takes in 270-degree views of the Swan River.

#3: 3 Chine Place, Mosman Park

The Most Expensive House in Perth - Soho Real Estate (4)
  • Price: $15 million | 2018
  • Details: Sold in 2019 to the family of Malaysian billionaire Chiu Cui Wen. Four bedrooms, three bathrooms. Luxury in Mosman Park is expensive.

#4: 22 Duncraig Road, Applecross

The Most Expensive House in Perth - Soho Real Estate (5)
The Most Expensive House in Perth - Soho Real Estate (6)
  • Price: $10.5 million
  • Details: Sold in 2018 for $10.5 million. Five bedrooms, six bathrooms. 180 degree views of the city and river. Detached maid’s quarter. Below ground garage.

#5: 2 Chidley Way, Mosman Park

The Most Expensive House in Perth - Soho Real Estate (7)
  • Price: $21.5 million | 2017
  • Details: Three level, five bedroom manor. 4,045 square metres. Luxury in Mosman Park.

#6: 54 Jutland Parade, Dalkeith

The Most Expensive House in Perth - Soho Real Estate (8)
  • Price: $14.13 million | 2016
  • Details: Six bedrooms, seven bathrooms. Sold in 2016 for $14.13 million. River views. Prime location.

Most Expensive Property Sales in Australia

Want to see more top sales? Here are the most expensive houses in Australia ever sold.

29-31 St Georges Road, Toorak

  • Price: $80 million
  • Details: Sold in 2022. Victorian price record. 7,200 square metres. Ed Craven.

Elaine, Point Piper, NSW

  • Price: $71 million
  • Details: Scott Farquhar bought this in 2021. Historic estate with modern luxury. Seven bedrooms, five bathrooms.

One Sydney Harbour Penthouse, Barangaroo, NSW

  • Price: $140 million
  • Details: Two storey penthouse in Tower 1 of One Sydney Harbour. Australian apartment record. Rooftop pool, spa, gymnasium. Nine bedrooms.

Bellagio La Villa, Tallebudgera, QLD

  • Price: $42 million
  • Details: 10 bedroom estate on the Gold Coast sold in 2021. 17 hectares. Design by Michael Witty. Landscaping by Paul Bangay.

Perth’s top homes are behind Sydney and Melbourne’s at $140 million One Sydney Harbour Penthouse and $80 million Toorak mansion.

Nationally, Sydney and Melbourne often top the charts with luxury properties exceeding $70 million, yet Perth’s luxury property market remains competitive with its recent significant sale.

Most Expensive Houses for Sale in Perth Right Now

Here are some of the most luxurious properties currently on the market in Perth:

1. 207 Mill Point Road, South Perth, WA 6151

The Most Expensive House in Perth - Soho Real Estate (9)

Price: Offers above $6M

This stunning riverside home offers luxury and spectacular views of the Swan River and Perth skyline. Spanning four levels, this architecturally designed residence features four bedrooms, three bathrooms, and four indoor living spaces.

The home boasts a rooftop terrace, multiple balconies, and an expansive gourmet kitchen, all designed to capture breathtaking vistas.

Completely refurbished, the property combines luxury with minimal maintenance, making it an ideal choice for an elevated lifestyle.

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2. 40 Henry Lawson Walk, East Perth, WA 6004

The Most Expensive House in Perth - Soho Real Estate (10)

Price: Above $4,000,000

This luxurious waterfront residence in East Perth offers a sophisticated lifestyle with stunning views of the Swan River.

Featuring three levels, this elegantly designed home includes four bedrooms, three bathrooms, and spacious living areas. The property is perfect for both relaxation and entertainment, with multiple outdoor spaces and high-end finishes throughout.

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3. 30 Victoria Street, South Perth, WA 6151

The Most Expensive House in Perth - Soho Real Estate (11)

Price: $3,700,000

Located in South Perth, this exquisite property combines historic charm with modern updates. Featuring five bedrooms and five bathrooms, this home offers spacious living areas and a gourmet kitchen perfect for entertaining.

The property includes a beautiful outdoor space with a pool and is situated in a desirable neighbourhood close to the Swan River.

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Wrapping Up

These properties represent the pinnacle of luxury living in Perth, offering exquisite design, premium locations, and top-tier amenities.

Interested in exploring real estate for sale in Perth? These homes provide a glimpse into the high-end market.

FAQ Section on The Most Expensive House in Perth

What is the most expensive place in Perth?

Perth’s most expensive suburb is Dalkeith. This is followed closely by Cottesloe and Peppermint Grove. South Perth stands as the most affordable option among these high-end suburbs.

What is the richest street in Perth?

The wealthiest streets in Perth are primarily found in Cottesloe, including Kiln Lane, Nailsworth Street, Geraldine Street, and Hamersley Street. Additionally, View Street in Peppermint Grove is among the richest.

Where do millionaires live in Perth?

Millionaires in Perth predominantly reside in Dalkeith, known as the most affluent suburb within the city’s prestigious Golden Triangle.

What is the most expensive house in Australia?

The most expensive house sold in Australia is Uig Lodge in Sydney’s Point Piper, which fetched a price of $130 million in 2022.

The Most Expensive House in Perth - Soho Real Estate (2024)

FAQs

What is the most expensive house ever sold in Perth? ›

Perth's house price record still stands at $57.5 million, from when billionaire mining heiress Angela Bennett sold her Dalkeith mansion to Chris Ellison in 2009.

What is the most expensive rental in Perth? ›

City Beach is the most expensive place in Perth to rent at a cost of nearly $1300 a week compared to the cheapest suburb of Medina ($480 per week).

What is the most expensive street in Perth? ›

Kiln Lane. The most expensive street in Perth has a median house value of $4,783,500. Land size is fairly small at a median of 500 square metres, with building area median of 363 square metres. The stretch of road is only some 130 metres and only half a kilometre as the crow flies to the beach.

Who owns the richest house in Australia? ›

Value: $130m

Atlassian founders and CEOs Scott Farquhar and Mike Cannon-Brookes have become almost as well known for their real estate moves as their tech know-how. Both Farquhar and Cannon-Brookes have held the title of owner of Australia's most expensive house.

Where is Millionaires Row, Perth? ›

Riverview Place is a small cul-de-sac off well known Saunders Street, otherwise known as 'Millionaire's Row', in Perth's affluent western suburbs.

What is the 1 most expensive house in the world? ›

Buckingham Palace

Where do the rich live in Perth? ›

Bounded on three sides by the Swan River, Dalkeith is home to many of Perth's most notable and wealthy residents, ranging from mining tycoons to A-list celebrities – those who happily reside in some of the city's most impressive mansions, lapping up the luxury that befits its prestigious postcode.

What is the most expensive thing in Perth? ›

Crown Towers Perth is the most expensive hotel ever built in Australia, costing an eye-watering $650 million. It shows even before you step inside. Set back from the motionless Swan River, its glass entrance is held open by doormen dressed in red knee-length jackets and top hats, like something from Buckingham Palace.

Why is Perth real estate so expensive? ›

One economist says limited housing stock coupled with increased demand has contributed to the price hike. It comes after a 19 per cent increase in Perth property prices over the past year.

What is the richest postcode in Perth? ›

Perth's priciest postcode is 6011, occupied by waterfront suburbs Peppermint Grove and Cottesloe, where a typical home costs just under $3.5 million.

Which is the best suburb to live in Perth? ›

Discovering the best suburbs in Perth
  • Cottesloe. For beach lovers, Cottesloe is the jewel in Perth's crown. ...
  • Subiaco. Subiaco, affectionately known as Subi, combines historic charm with contemporary living. ...
  • East Perth. ...
  • Fremantle. ...
  • Applecross. ...
  • Joondalup. ...
  • Mt Lawley. ...
  • Other suburbs to consider.
Mar 22, 2024

Where is the richest place in WA? ›

Peppermint Grove, a suburb of Perth, has all the trappings you'd expect of one of the wealthiest postal codes in the country: sprawling riverside mansions, exclusive schools and a yacht club.

Where do most billionaires live in Australia? ›

Rich enclaves: Australia's top 10 suburbs for billionaires
  • Vaucluse (13) ...
  • Mosman (6) ...
  • Hunters Hill (6) ...
  • Longueville (4) ...
  • Bellevue Hill (4) ...
  • Mosman Park (4) ...
  • Woollahra (4) ...
  • St Kilda & St Kilda East (4) Melbourne's bohemian bayside suburb is another fashionable neighbourhood for the city's wealthy.
Mar 16, 2024

Who is the richest family in Australia? ›

10 Richest People In Australia 2024
RANKNAMENET WORTH
1Gina Rinehart30.2 B
2Andrew Forrest & family21.5 B
3Harry Triguboff16.2 B
4Mike Cannon-Brookes13.7 B
6 more rows
Feb 20, 2024

What is the most luxurious house in Australia? ›

Only five years ago, Australia's most expensive house cost $100 million. Now, the house price record is $130 million. The baronial-style trophy estate called Uig Lodge on Wentworth Place in Sydney's Point Piper transacted in 2022 for $130 million.

Perth's most expensive houses sold in 2020 and ...WAtodayhttps://www.watoday.com.au ›

There are more than 750,000 properties in Perth, but of those, it's estimated around 1000, or just 0.1 per cent would attract a price tag of more than $5 mi...
Mosmon Park $57.500,000!!!!! It set the record for the most expensive property in Australia in 2009 (and currently sits at third). The owners then wen…
Perth's Golden Triangle has dominated the top 10 list of the most expensive homes to sell in Perth this year.

What is the most expensive home in western Washington? ›

An island escape in Friday Harbor, WA, is back on the market for $58 million. Even after a recent discount, it's still this week's most expensive listing on Realtor.com®. The nearly 90-acre San Juan Island property originally landed on the market last year for a staggering $75 million.

What is the most expensive residential property sold in Australia? ›

Only five years ago, Australia's most expensive house cost $100 million. Now, the house price record is $130 million. The baronial-style trophy estate called Uig Lodge on Wentworth Place in Sydney's Point Piper transacted in 2022 for $130 million.

What is the most expensive suburb in Perth? ›

Perth's five most expensive suburbs
SuburbMedian annual house sale price
1Peppermint Grove$3,600,000
2Dalkeith$3,500,000
3Cottesloe$3,422,500
4City Beach$2,750,000
1 more row
May 21, 2024

Who owns the most expensive house ever? ›

Valued at an astronomical $2 billion, the 27-storey Antilia in Mumbai is considered the world's most expensive private residence. Custom-built by Indian billionaire Mukesh Ambani, chairman of Reliance Industries, the 400,000 square-foot skyscraper stands 570 feet tall with panoramic views over Mumbai.

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