Revealed: The top 10 most expensive properties in Australia

Avatar of Anastasia Santoreneos By

Australia’s trophy homes are the endgame for the country’s elite, and these extraordinary properties transcend generations. As prices continue to tick up in this property market segment, Forbes Australia finds the gap between prestige and trophy is becoming more consistent with the rest of the world.

When Ken Jacobs, one of the country’s leading figures in real estate, sold the heritage-listed home, Boomerang, in Sydney’s Elizabeth Bay in 2002 to art collector John Schaeffer during his time at Christie’s International Real Estate, he set a new Australian residential record at $20.7

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