Melbourne’s most powerful streets home to rich listers and celebrities — and their multimillion-dollar mansions — have been unveiled.
Buyers really know they’ve made it when they secure a piece of Toorak’s Albany and St Georges Roads, where properties carry eye-watering price tags of up to $80m.
Billionaire trucking magnate Lindsay Fox owns a sprawling mansion valued at more than $40m on Albany Road, which Abercromby’s director Jock Langley dubbed one of Melbourne’s “finest streets”.
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Chadstone Shopping Centre part owner John Gandel’s estate is rumoured to be worth up to $70m on the stretch, where business tycoon Solomon Lew and Australia’s Honorary Consul to Monaco, Andrew Cannon, are also former homeowners.
Andrew Baines & Co director Andrew Baines said only deep-pocketed buyers would be in the running for St Georges Road real estate, where he has listed an unfinished mansion on a huge 7200sq m block worth about $80m, on behalf of developer David Yu.
The exclusive street was previously home to late Prime Minister Harold Holt.
It also contains Melbourne’s second priciest house at No. 18, which fetched $38m in 2017, and a vacant 4000sq m block at No. 16, which was listed for $40m last year.
Property developer Harry Stamoulis also famously spent an estimated $70m building his palace at 39 St Georges Road.
Hawthorn’s Shakespeare Grove is also stacked with elaborate mansions, including the nine-bedroom, seven-kitchen Avon Court that’s on the market asking $40m.
High-profile sport and entertainment manager Ralph Carr sold his spectacular home on the street for $9.6m last year, CoreLogic records show. The wealthy Laidlaw family and Peter Gordon — Western Bulldogs Football Club president and Gordon Legal founder — are other notable residents.
The U-shaped road flows into equally renowned Coppin Grove, where ex-Australia Post chief executive Ahmed Fahour owns Invergowrie, which he bought for $22m in 2013 and attempted to sell for $40-$44m in 2018.
Many mansions along Brighton’s Seacombe Grove offer direct beach access, which may have convinced late Crazy John founder John Ilhan to buy two waterfront blocks worth $20m-plus there. The prime real estate is still owned by his wife, Patricia.
Late 7-Eleven co-founder Beverley Barlow broke the Bayside residential sales record by buying 39 Seacombe Grove from former St Kilda Football Club president Rod Butterss for $22m in 2015. The benchmark still stands.
Nick Johnstone director Nick Johnstone said the strip’s large landholdings rarely came up for sale, as they were often passed down through families.
He said star power from younger high-flyers had flung St Kilda West’s Mary Street into the spotlight.
The stretch is the site of Nadia and Jimmy Bartel’s former family home at No. 44, which they listed last month for $3.7-$4m, and fashion designer Alannah Hill’s “mini Versailles” at No. 16, which she sold for $2.475m in 2017.
The leafy east is epitomised by Canterbury’s Monomeath Avenue, where former opposition leader Andrew Peacock, ex-NAB managing director Frank Cicutto and businessman Anthony Podesta have all lived.
Pop princess Kylie Minogue bought her parents a home there for $2.43m in 2002.
Other historic havens include Fitzroy North’s Edinburgh Gardens-adjacent Alfred Crescent, where Red Symons’ former house achieved a record $5m in 2018, and Albert Park’s St Vincent Place, which encircles a private park.
The inner west’s priciest street, Williamstown’s The Strand, rivalled Brighton’s Golden Mile by offering spectacular city views, Hocking Stuart Yarraville’s Leo Dardha said.
Geelong’s glitzy Western Beach Road is home to one-time mayor Darren Lyons, Cotton On chief executive Peter Johnson, and former Geelong Football Club president and businessman Frank Costa.
Barry Plant Highton director Kieron Hunter said its “irreplaceable” historic properties often sold in the vicinity of $3m.
Ballarat’s lakeside mansions on Wendouree Parade and Webster Street have also attracted high-flying chief executives and hometown hero, marathon champion Steve Monaghetti, according to Biggin & Scott Ballarat director Francesca Nichol.
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