What kind of property will $4 million buy you?

Funny you should ask – last weekend's auction results provide a handy guide.

Melbourne or Sydney – take your pick, there's a $4 million-plus mansion to fit the bill in either city. 

A three-bedroom, ocean-side house in the south Sydney suburb of Blakehurst took the title for most expensive auction result of the weekend – with the hammer dropping on a final bid of $4.8 million. 

The property, with views across Kogarah Bay, was touted as having the "unique opportunity to capitalise on a sprawling 1,365 square metres", according to listing agency McGrath St George. 

Other features include a backyard running directly up to the water's edge, guest accommodation above the garage and a kitchen with a walk-in pantry and original fireplace. 

Down in Melbourne, a five-bedroom house on Barkers Road in Hawthorn East fetched the state's highest auction result: $4.36 million. 

The 4.5 bathroom Victorian-style home combines "graceful period style, contemporary modern flair", according to listing agency VICPROP. 

The property also features a parquetry floor entry, chandelier lighting and manicured gardens. 

It's a tough choice – which one would you buy if you had a spare $4 million or so?

424 Princes Highway, Blakehurst, NSW, 2221




520 Barkers Road, Hawthorn East, Vic, 3123 





Read more: 

'How my outgoing tenant changed my investment strategy' 

6 cool snapshots of Australia's biggest developments 

$500 for a family home?


What kind of property will $4 million buy you?
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