As the rest of us tighten our belts, billionaire Scott Farquahar bought a $130m mansion, rich garbo Ian Malouf blew $40m and Gina Rinehart’s set for a big property pay day.
Interiors of Uig Lodge in Wentworth St, Point Piper.The $130m price was the highest for a house in the country, beating the previous $100m record paid for Point Piper’s Fairwater by the other Atlassian founder, Mike Cannon-Brookes, in 2018.It follows council’s rejection of Farquahar and Jackson’s plans for Elaine, the mansion next door to Fairwater, that held the previous national record when bought for $71m via top agent Ken Jacobs in 2017.
The garbo turned yacht broker Malouf, who has a net worth of $600m having sold his waste company Dial a Dump, spent about $40m on the beachfront home, Anakela, on a 1948sqm block overlooking Pittwater.Gina Rinehart. Photo: Brendon Thorne/Getty ImagesIt’s set to be another getaway for Malouf and his family. He now owns three houses on Iluka Rd, having paid $20m and $18.6m over the past 20 months. He also owns a string of homes in the east.
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