$3 million for a block of land

The chance to buy in one of Australia's most iconic seaside suburbs was just too good an opportunity to pass up for one weekend buyer. 

A vacant block of land close to the Brighton seafront in Melbourne fetched a staggering $3,160,000 on the weekend. 

Listing agent Nick Johnstone advised prospective buyers to "ring your builder and put your mark on Brighton's best development opportunity". 

Sydney also produced some big numbers and secured yet another $5 million sale to take the title of most expensive auction result last weekend. The property in question? A six-bedroom, four-bathroom federation home in harbourside Mosman. 

Described as "a generous family home of rare distinction" by listing agency Simeon Manners, the home has been restored to preserve its "original beauty, history and architectural integrity".

The 901-square-metre grounds feature a swimming pool and children's play equipment. 

The home sold for $5,375,000. 

The most expensive homes in each of Australia's busiest auction markets from the last weekend are listed below. 

Sydney: 1 Elfrida Street, Mosman, NSW 2088 

Sale price: $5.38 million 

Mosman's median house price: $2.85 million 

Listing agent: Simeon Manners


Melbourne: 22 North Road, Brighton, VIC 3186

Sale price: $3.16 million 

Brighton's median house price: $2.02 million 

Listing agent: Nick Johnstone Real Estate 


Canberra: 3 Newman Street, Yarralumla, ACT 2600

Sale price: $2.21 million 

Yarralumla's median house price: $1.14 million 

Listing agent: Peter Blackshaw Real Estate Manuka


Brisbane: 40 Nelson Place, Carindale, Qld 4152

Sale price: $1.18 million 

Carindale's median house price: $751,444

Listing agent: Belle Property Bulimba


Adelaide: 78 Alexandra Avenue, Rose Park, SA 5067

Sale price:  $1.57 million

Rose Park's median house price: $1.22 million 

Listing agent: Belle Property Unley

$3 million for a block of land
accountantsdaily logo

Something exciting is coming soon