- Gold coast
A Younger Demographic Buying Prestige Properly In Sydney
Back to blog homepageAugust 2nd, 2013 | Meriton Apartments
A lot of young big spenders have been making purchases in Sydney’s prestige property market this month.
The largest sale went to Mike Cannon-Brookes, a software entrepreneur, who bought a weekend home in Palm Beach for AU$8.7 million. Cannon-Brookes and his partner Scott Farquhar started a company shortly after leaving university ten years ago. They used a credit card to start the company, for about AU$10,000. In 2011 the company brought in AU$100 million.
Also sold recently was the home formerly belonging to property developer Denis O’Neil, who listed the house on Iluka Road for AU$7 million in October. The house was designed by Walter Barda and is just a few doors up the beach from the Snapperman Beach home bought by Cannon-Brookes.
Other buyers and sellers of note are opera singer Amelia Farrugia and her husband Paul Chesher, Lois Harris, Guy Sebastian, Daisy Turnbull Brown, Tim Sims, Malcolm Halstead, and Victor Gan.
- Getting Sporty in Sydney
- How to Make the Most of a Winter’s Day in Sydney
- Where to Find Your next Feast on the Gold Coast
- Here’s Where to Watch The Wallabies vs. England
- Win Samsonite Luggage – Our Instagram Competition Starts TODAY!
- In Sydney During Vivid? Here’s How to Make the Most of Every Second
- The Secret to Finding the Best Brunch in Sydney
- Your Guide to the Best Coffee in Brisbane
- The Perfect Events for You at Vivid Sydney 2016
- Five Ideas for a Great Night out on the Gold Coast
- Baggage Allowance Guide for EVERY International Airline
- Most Unusual Restaurants in Sydney
- What Americans Really Think of Australia
- 14 Things for Travellers to Do in Brisbane on Christmas Day
- 11 Picturesque Beaches Just a Stone’s Throw From Brisbane
- Spoil Someone Special
- A Guide to Road Tripping from Sydney to Byron Bay
- The Top 5 Most Exclusive Places to Get A Drink in Sydney
- Sydney’s Gay and Lesbian Scene: Where’s Best and When Should You Go?
- Meriton Buys Prime Dee Why Site
- Advantages of Serviced Apartments
- Aussie Culinary Scene
- Brisbane Special Events
- Business Travel Tips
- Corporate Travel in Australia
- Gold Coast Special Events
- Holiday Accommodation Ideas
- Press Releases
- Queensland Travel Tips
- Romantic Getaways
- Serviced Apartments
- Short Stays
- Special Events
- Sydney Special Events
- Travel Tips