Latest news with #Telenet
Courier-Mail
13 hours ago
- Business
- Courier-Mail
Price shock: Luxe Aussie mansions now start at $2.52m
AustAsia's luxury property sales are booming with the price tag for a bougie home now starting at $2.52m – up 72 per cent from 10 years ago, new data shows. According to Ray White's second Australia's Luxury Report, Sydney remains Australia's most expensive market with buyers needing to find a cool $4m to afford a home with all the trimmings. The Gold Coast ranked second at $2.6m, pushing ahead of Melbourne's $2.49 million entry point. The Sunshine Coast in Queensland also ranked in the top five at $2.4m, followed by Brisbane and Perth, where the average luxury home now costs $2.1m. Meanwhile, the starting point for a bougie home in Adelaide and Canberra has climbed to $1.9m, with Darwin the only capital remaining to offer luxury living under $1m. RELATED Mansion that hosted Rolling Stones, Frank Sinatra sells for mega price Telenet CEO pays $12.1m 'record price' for house with no parking Record warehouse seller emerges as $15m buyer of rare penthouse Luxury homes are generally defined by their use of premium materials and exceptional finishes, including finest marble countertops, rare hardwood floors, and custom cabinetry. 'More than just a price point, luxury represents the pinnacle of craftsmanship, attention to detail, and scarcity within a market,' Ray White senior data analyst Atom Go Tian said. 'It varies dramatically by location; what's considered standard in Sydney might be exceptional elsewhere in Australia. 'From a national perspective, luxury properties in Australia now command prices exceeding $2.52 million, representing a 72 per cent increase from $1.49 million a decade ago.' RELATED: Rose Bay mansion with James Packer link has $90m hopes Mr Go Tian said a staggering $663 million changed hands across just 20 transactions over the past year, revealing not only where Australia's wealthiest choose to live, but also who they are and how their wealth was created. 'Eastern Sydney continues to be the place to be, with the Double Bay-Bellevue Hill and Rose Bay-Vaucluse-Watsons Bay enclaves accounting for more than half of all top transactions,' he said. 'Bellevue Hill alone appears five times on the list, while Vaucluse claims four spots. Beyond Sydney's harbour views, Melbourne's old-money suburbs of Toorak and Brighton each secured positions, while lifestyle destinations like Noosa Heads, Byron Bay, and Portsea also featured prominently.' MORE NEWS: Bulldozed Toorak block asks $40m+ for dirt The crown jewel of these transactions stands as 'Alcooringa,' a Spanish Mission-style residence perched majestically at 27 Victoria Road, Bellevue Hill. Top agent Ashley Bierman of Ray White Double Bay negotiated this off-market sale. The architectural masterpiece commanded an eye-watering $80 million; a figure that towers over even its closest competitor by $30 million. Mr Go Tian said expensive homes are changing hands in new ways. 'Today's ultra-luxury property buyers are primarily self-made business owners, especially those who built digital and tech companies, rather than corporate executives who once dominated this market,' he said. 'The wealth behind these purchases now comes from a much wider range of industries, with online businesses and technology ventures leading the way.' MORE NEWS: Musician snaps up one of nation's most popular homes An analysis of this year's top 20 sales reveals today's luxury purchasers are predominantly self-made entrepreneurs from diverse sectors including e-commerce, property development, financial services, fashion, and technology. The report shows the architectural and landscape features of Australia's most expensive homes reveal sophisticated investment priorities, with wellness facilities, sustainable elements, and indoor-outdoor integration now considered essential rather than optional. Properties with comprehensive wellness features command price premiums of 10-25 per cent, reflecting a fundamental shift in what constitutes luxury in today's market.
News.com.au
08-05-2025
- Business
- News.com.au
Telenet CEO pays $12.1m ‘record price' for house with no parking
The boss of a Belgium-based telco who once ran Austar has paid a $12.1m record price for a house with no parking in Woollahra. John Porter, CEO of Antwerp-based Telenet, and his wife Susan Mougey appear on settlement records for 155 Queen St, Woollahra, which achieved the mega result off-market recently via Maclay Longhurst of Sotheby's. Prior to joining Telenet, Porter was the CEO of Australian digital satellite subscription TV provider Austar, which was bought by Foxtel in 2012. His Linked In profile says he is a 'global citizen with American-Australian dual nationality' who has four children, presumably some of them based in Sydney. Longhurst didn't want to discuss the purchasers, saying only that the owners were based overseas. 'It was only on the market for a week, but these buyers loved the location because it's walking distance from Woollahra village,' he said. 'It's definitely the highest price ever for a house without parking in Paddington/Woollahra and probably Australia.' There's no doubting the charm and beauty of the incredible home, which records show was owned by hedge fund manager David Curtis and his wife Joan, who bought it for $5.65m in 2017. Woollahra Council approved their $450k reno in 2020, which merges the classical Victorian front of the four-bedroom, three-bathroom home with a contemporary addition. There was no possibility for off-street parking at the 291sqm block — it backs onto a public park. Longhurst's had a string of big sales recently, including the $12.4m deal for Dr Andrew Goy's Bourke St, Surry Hills warehouse (the old Labor club) which was a new suburb record for Surry Hills. He's also recently broken a range of street records — nine this year he advises — including 49 Glenview St, Paddington which records show is owned by Joseph McGlennon, creative director at Doctor V Energy Drinks, and his wife Janet for $9.3m; and 302 Moore Park Rd, for $9.75m owned by Mirvac CEO and managing director Campbell Hanan. The purchaser was Declan Boylan, founder of Seven Consulting.
Daily Telegraph
08-05-2025
- Business
- Daily Telegraph
Telenet CEO pays $12.1m ‘record price' for house with no parking
The boss of a Belgium-based telco who once ran Austar has paid a $12.1m record price for a house with no parking in Woollahra. John Porter, CEO of Antwerp-based Telenet, and his wife Susan Mougey appear on settlement records for 155 Queen St, Woollahra, which achieved the mega result off-market recently via Maclay Longhurst of Sotheby's. Prior to joining Telenet, Porter was the CEO of Australian digital satellite subscription TV provider Austar, which was bought by Foxtel in 2012. His Linked In profile says he is a 'global citizen with American-Australian dual nationality' who has four children, presumably some of them based in Sydney. MORE: Beloved city pub's future up in the air Longhurst didn't want to discuss the purchasers, saying only that the owners were based overseas. 'It was only on the market for a week, but these buyers loved the location because it's walking distance from Woollahra village,' he said. 'It's definitely the highest price ever for a house without parking in Paddington/Woollahra and probably Australia.' There's no doubting the charm and beauty of the incredible home, which records show was owned by hedge fund manager David Curtis and his wife Joan, who bought it for $5.65m in 2017. Woollahra Council approved their $450k reno in 2020, which merges the classical Victorian front of the four-bedroom, three-bathroom home with a contemporary addition. There was no possibility for off-street parking at the 291sqm block — it backs onto a public park. Longhurst's had a string of big sales recently, including the $12.4m deal for Dr Andrew Goy's Bourke St, Surry Hills warehouse (the old Labor club) which was a new suburb record for Surry Hills. He's also recently broken a range of street records — nine this year he advises — including 49 Glenview St, Paddington which records show is owned by Joseph McGlennon, creative director at Doctor V Energy Drinks, and his wife Janet for $9.3m; and 302 Moore Park Rd, for $9.75m owned by Mirvac CEO and managing director Campbell Hanan. The purchaser was Declan Boylan, founder of Seven Consulting.
Yahoo
08-04-2025
- Business
- Yahoo
Telenet launches cutting-edge entertainment marketplace, powered by the Digital Vending Machine(R) from Bango
Telenet customers enjoy effortless access to the best entertainment subscription bundles - all in one place CAMBRIDGE, United Kingdom, April 08, 2025 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), the global leader in subscription bundling, announces that it is providing the technology behind Telenet's next-generation entertainment marketplace. Through this collaboration, all Telenet customers - across TV, broadband, and mobile channels - can effortlessly access and manage their favorite entertainment subscriptions. Available via Telenet TV, online through My Telenet and in call centre and retail stores, this marketplace delivers the best entertainment subscription overview and bundles in one convenient location using the Digital Vending Machine® (DVM™) from Bango. With a customer base of nearly 2 million, Telenet's innovative entertainment marketplace is designed to provide users with unparalleled control and flexibility over their subscriptions. Initially only launched to Telenet TV customers, this Super Bundling service is now available to all Telenet customers via 'My Telenet' allowing any broadband and mobile customers to take full advantage of an ever-expanding array of entertainment subscriptions. 'Our goal is to provide customers with the most seamless and engaging entertainment subscription experiences,' said Ivor Micallef, Director Product Entertainment at Telenet group. 'In a highly competitive industry, the Bango DVM™ sets us apart, allowing us to deliver a sophisticated variety of bundled entertainment subscription offers. Customers can easily activate, deactivate, and access the best deals, putting them in complete control of their subscriptions via a single Telenet bill.' The Bango DVM™ simplifies subscription bundling, transforming a complex technical and operational process into a seamless business opportunity. With a single integration, Telenet gains access to a rapidly growing network of global subscription providers. This allows for the swift deployment of new subscriptions, ensuring customers always have access to the latest entertainment options. Additionally, valuable insights from the Bango DVM™ enable Telenet to tailor subscription offerings to suit different customer preferences. 'We're excited to be partners with Telenet in bringing their visionary entertainment marketplace to life. With so many subscription services enabled through the Bango DVM™ including leading streaming services such as Netflix and Disney+, telcos can quickly bring to market sophisticated bundling offers. Telcos like Telenet group are leading the way by providing a simple, centralized platform that enhances the customer experience and makes access to and management of subscription services effortless,' said Anil Malhotra, CMO at Bango. About Bango Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers. The world's largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere. Bango, where people subscribe. For more information, visit About Telenet group As a provider of entertainment and telecommunication services in Belgium, Telenet group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels. Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant. Telenet group is part of Telenet Group Holding NV and is a 100% owned subsidiary of Liberty Global. Liberty Global is one of the world's leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution. For more information, we refer to Media contact: Anil Malhotra, CMO, Bango anil@ Tel: +44 7710 480 377
