Lucy Macken

A billionaire telco magnate has expanded his Australian property interests, and his latest purchase had no need for a mortgage.

A billionaire telco magnate has expanded his Australian property interests, and his latest purchase had no need for a mortgage.

Kaftan queen Camilla Franks, worn by the A-list, has bought one of the largest blocks in the coastal haven.

Not all real estate in Sydney is scoring runaway prices. Melissa Caddick’s eastern suburbs penthouse has sold after six months on the market and a discount off initial price hopes.

She opted out of corporate life and focused on her love of cooking, in a city where success so often translates to high-end real estate.

Interested buyers have to sign gag orders before they can even be shown the Sydney home of Alan Jones.

When seller Nathan Tinkler bought the estate north of Coffs Harbour he was ranked Australia’s youngest billionaire, just as Ed is now.

The head of the developer behind Sirius, Jean-Dominique Huynh, isn’t just hatching plans for The Rocks building, but also for his Vaucluse house.

It seems not even Sydney’s leading venture capitalists like Blackbird’s Rick Baker are immune to the lure of Sydney’s high-end housing market.

Australian investment legend David Paradice showed form when he bought into North Bondi’s oceanfront in 2007. Values have come a long way since.