logo
Billionaire's heiress buys $3.1m pad with family help, lists it for $19m

Billionaire's heiress buys $3.1m pad with family help, lists it for $19m

Meanwhile, in the east, the home of legal couple Matthew Darke, SC, and his wife, Felicity McMahon, an Allens partner, has hit the market with a $19 million guide in Bellevue Hill.
Title Deeds has reported on power duos selling every other week in recent months and this is the latest couple in the legal fraternity to make a move from a beloved family home.
The six-bedroom, five-bathroom house has been redesigned with a classic 'Nantucket' feel by Amy Spargo of Maine House Interiors since the couple bought the property for $8.6 million in 2018.
Set on 800 square metres, it is minutes away from Plumer Road Village, Rose Bay Wharf and nearby local schools.
Darke, a barrister at Tenth Floor Chambers, has represented clients including Westpac, NAB, AMP and Qantas. McMahon is a partner at Allens in the competition, consumer and regulatory team. She has represented clients such as Westpac, NAB, Pfizer and Salesforce.
Their home is scheduled to go under the hammer on September 9 and is selling through Ashley Bierman of Ray White Double Bay, who could not be reached when contacted.
Aussie metal core band member sells
Up in Byron Bay, Parkway Drive drummer Ben Gordon has sold his house for about $10 million, local sources say.
The born-and-bred local purchased the Mediterranean-inspired property for $2.45 million in 2019 at the band's peak, when they headlined at Bloodstock Festival in Britain.
The four-bedroom, three-bathroom house is set on a ridgeline that captures stunning 180-degree views over Arakwal National Park to the Pacific Ocean and Broken Head.
Set on 660 square metres, the home features a seamless indoor-outdoor floor plan with double height ceilings.
It also has a Sonos sound system throughout, a basement level gym and a separate home office.
The property sold through Will Phillips of Sotheby's International Realty Byron Bay, who declined to comment when contacted.
A sabbatical and a sale
Back on Sydney's beaches, the Bronte home of Macquarie Group's former treasurer Mark Johnston and his actuary wife, Noeline Woof, has sold for circa $11 million, local sources report.
Known as Mt Eden, the five-bedroom, four-bathroom home is perched atop the suburb, providing a jaw-dropping vantage point to see the beach.
The circa 1910-built home was redesigned by Weir Phillips Architects and features a cocktail bar, a wine cellar and an outdoor kitchen.
Loading
Johnston, who is on sabbatical according to his LinkedIn profile, worked at Macquarie Group (also known as the Millionaires Factory) for almost two decades. Before that, he worked at PriceWaterhouseCoopers, where Noeline was a partner for more than a decade, according to her LinkedIn page. She is now a director at Hollard Insurance.
Johnston and Woof purchased the home in 2016 from Monument Building Group's Miles Brujic and his wife, Georgina, for $9.55 million.
It most recently sold through James Ball of Sydney Sotheby's International Realty, who could not be reached for comment.
Long-time locals sell
Nearby, in Bronte, the home of former senior NSW public servant Richard Persson AM and his wife, the former head of NSW TAFE Marie Persson, has sold for $10 million.
The pair purchased the 483-square-metre block for $2.8 million in 2008 and went on to build the four-bedroom, two-bathroom house that sits on it today.
Spanning three levels, the property has an ocean view garden and solar-heated pool.
Richard served in various government roles under different leaders including Bob Carr and John Howard. Marie spent more than three decades providing advice to governments on vocational education and training, receiving a lifetime achievement award for her work.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘Boycott': Aussies fume over Netflix's latest price hikes
‘Boycott': Aussies fume over Netflix's latest price hikes

Perth Now

time2 hours ago

  • Perth Now

‘Boycott': Aussies fume over Netflix's latest price hikes

Aussie Netflix users have been quick to call out the streaming giant following its sixth price increase since entering the Australian market in 2015. On Wednesday, the platform announced all subscription tiers would be impacted as early as September this year. Understandably, it's not been met with open arms by users already impacted by the cost-of-living pinch. Taking to social media, users even threatened to 'cancel' their subscriptions as they vented their frustrations. 'Greedy company. Raising prices multiple times per year will only push more ships into the sea,' one person said. 'Boycott Netflix. Raising prices again...,' another added. Aussies react to Netflix price rises. Credit: Supplied In response to the promotion of the Netflix original film My Oxford Year, other Netflix subscribers argued the quality of content available for streaming didn't warrant the uptick in price. 'Worst content on your platform in history losing so many shows and you think you need a price increase 😂,' one user said. 'Another price increase? Cancel time,' another chimed in. Subscribers on Netflix's two standard plans will be forced to part with an extra $2 every month, with the 'standard with ads' option shifting from $7.99 to $9.99, and the ad-free Standard plan now set at $20.99 monthly. Prince Harry and Meghan Markle have become regular features on Netflix. Credit: Netflix / Netflix Premium subscribers are looking at the steepest leap, with a $3 rise, taking the plan from $25.99 to $28.99. According to tech site Tom's Guide, Netflix's initial prices for Australian users were $8.99 monthly for a basic ad-free plan and $14.99 for premium access, making today's Premium option nearly double the cost. Netflix said the higher prices would allow them 'to bring you even more exciting, new entertainment', promising 'fresh, can't-miss shows and movies every week'. Netflix (inclusive of price updates) $9.99/month - inclusive of ads $20.99/month - Standard ad-free $28.99/month - Premium ad-free Amazon Prime $9.99/month — inclusive of ads $12.98/month — ad-free Stan $12/month — Basic ad-free $17/month — Standard ad-free $22/month — Premium ad-free Apple TV+ $12.99/month — ad-free Disney+ $15.99/month — Standard inclusive of ads $20.99/month — Premium ad-free Binge $10/month — Basic inclusive of ads $19/month — Standard ad-free $22/month — Premium ad-free Paramount+ $6.99/month — Basic inclusive of ads $10.99/month — Standard ad-free $13.99/month — Premium ad-free Australian streaming platform prices compared. Credit: Supplied

ASX jumps as Westpac hits decade high
ASX jumps as Westpac hits decade high

Perth Now

time4 hours ago

  • Perth Now

ASX jumps as Westpac hits decade high

Shareholders have shrugged off the potential for fewer interest rate cuts, as strong earnings particularly out of Westpac drive the ASX 200 higher. The benchmark ASX 200 closed 46.70 points, or 0.53 per cent, higher to finish the day at 8,873.80, while the broader All Ordinaries finished 46 points or 0.51 per cent higher to 9,149.10. The Aussie dollar slipped 0.14 per cent and is now buying 65.41 US cents. Overall eight of the 11 sectors finished higher, led by utilities and financials stocks. The bounce in financials comes just a day after the Commonwealth Bank announced its results which dragged the sector lower. Westpac shares soared 6.31 per cent to $36.04 after the banking giant announced its unaudited statutory net profits for the last quarter jumped 14 per cent to $1.9bn. Its all important core net interest margin was up 0.05 per cent to 1.85 per cent, while revenue jumped 4 per cent. Shares reached a decade high on the result. Westpac's stronger than expected results helped drag the ASX 200 higher. Photo: Gaye Gerard / NewsWire Credit: News Corp Australia NAB jumped 1.89 per cent to $38.88 and ANZ gained 1.98 per cent to $32.50 on the back on Westpac's results. CBA continued its slide, down 1.13 per cent to $167.21. Kodari Securities founder and chief executive Michael Kodari said big banks would likely drive the market higher. 'The big four continue to offer attractive value, particularly when compared to global peers,' he said. 'Following strong profit and fresh all-time high for Westpac, there could be more gains from the big banks over the next six months, likely taking the S&P/ASX 200 to a fresh record by the year's end.' Investors also shrugged off figures released by the Australian Bureau of Statistics showing the unemployment rate fell to 4.2 per cent in July, from 4.3 per cent, despite it impacting future rate cuts. VanEck head of investment and capital markets Russel Chesler said the data-driven Reserve Bank could pause further interest rate cuts. 'To nip inflation in the bud – an outcome that should help ease cost of living as well as interest rates – we think labour conditions need to loosen more than they have to date,' he wrote in an economic note. 'The unemployment rate is still at historically low levels.' On a jammed pack day of reporting, Telstra shares slumped 2.61 per cent to $4.85 after the telco announced statutory net profit for the last financial year came in at a substantial $2.17bn, up nearly 34 per cent on this time last year. Eight of the 11 sectors finished in the green. NewsWire / Damian Shaw Credit: News Corp Australia Healthcare imaging software group Pro Medicus posted a 40 cent increase in net profits to $115.2m on the back of new contracts in American hospital and radiology clinics. Shares jumped 6.24 per cent to $315.69 on the back of the announcement. Suncorp Group shares rose 3.64 per cent to $20.77 after it announced its net profits after tax came in at $1.8bn after the business benefited from a favourable natural hazard experience and positive net investment income of $766m. Redbubble parent company Articore announced it had its first profitable fourth quarter in five years, albeit on an EBIT basis. Overall net profit after tax improved 77 per cent to negative $1.4m. Articore Group shares were up 5.77 per cent to $0.275. Furniture retailer Temple and Webster shares soared 8.75 per cent to $28.35 after announcing record revenues of $601m for financial year 2025, up 21 per cent compared to this time last year.

‘Customers know they can rely on us': Aldi crowned ‘supermarket of the year' for the eighth year in a row
‘Customers know they can rely on us': Aldi crowned ‘supermarket of the year' for the eighth year in a row

Sky News AU

time4 hours ago

  • Sky News AU

‘Customers know they can rely on us': Aldi crowned ‘supermarket of the year' for the eighth year in a row

German discount supermarket Aldi has been crowned the '2025 Australian Supermarket of the Year' for the eighth year in a row. On Thursday, Canstar Blue unveiled the results of their annual Supermarket Satisfaction Ratings. Aldi earned top marks across the board, including a maximum five stars for 'value for money', 'store layout' and the 'quality' of its own brand products. As of June, Aldi has expanded to 599 stores nationwide and is now the country's third largest supermarket chain behind giants Coles and Woolworths. Coles scored four stars overall, with the supermarket giant earning a modest three stars for 'customer service' and 'checkout experience' but scoring four stars for 'product range'. Woolworths largely mirrored Coles in every category except 'product range', with Woolies receiving the full five stars where its chief rival scored four. IGA supermarkets also scored four stars, largely thanks to the strength of IGA's 'customer service' and 'checkout experience', which both got full marks. Notably, IGA is the only major chain which has not widely rolled out self-service checkouts in its stores. Notoriously, Australia's supermarket 'duopoly' of Coles and Woolworths means Aussie consumers pay some of the highest grocery prices in the OECD. According to Canstar, the average weekly grocery bill for an Australian household of four people has ballooned to $240, a $24 increase from the previous year. The survey, which gathered insights from 2,869 shoppers, highlights the ongoing hip pocket pain facing consumers at the checkout. In a statement, Eden Radford of Canstar Blue told Yahoo Finance that this year's results reflect the power of 'own-brand items' in a tough economic climate. 'The quality of (Aldi's) own-brand items reliably earn the highest rating from customers,' she said. 'Consistently priced, good quality products on offer is why shoppers are choosing Aldi to do their grocery shopping.' Meanwhile, Aldi Australia group director Simon Padovani-Ginies told Yahoo Finance the supermarket was 'over the moon' to once again be crowned the country's favourite supermarket. 'This really shows our Price Promise in action - we won't be beaten on the cost of your weekly shop,' he said. 'Customers know they can rely on us to deliver the best prices without ever compromising on quality.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store