Chris Hemsworth and Elsa Pataky’s mega mansion is complete – and the luxurious, opulent home has skyrocketed in price since the family moved in.
Originally estimated at $20 million, experts now say the LA-style compound, located in Broken Head near Bryon Bay, is now worth $30 million.
Lloyd Edge, founder and Director of Aus Property Professionals and author of best-selling book Positively Geared, says that the market value has gone up since the couple bought and renovated the home four years ago. He tells Daily Mail Australia: ‘I estimate that in the current market the property could sell for up to $30 million’.
Mr Edge based his price on ‘a number of ‘comparables’, adding that it is, ‘how we try and estimate market value, along with current market sentiment.’
He listed similar properties in the area, including a five-bedroom home at 35 Marine Parade, with private stairs that lead down to Wategos Beach and a heated infinity pool overlooking the ocean, which is worth $22 million. Woah! Originally estimated at $20 million, experts now say the LA-style compound, located in Broken Head near Bryon Bay, is now worth $30 million Pricey! Lloyd Edge, founder and Director of Aus Property Professionals and author of best-selling book Positively Geared, says that the market value has gone up since the couple bought and renovated the home four years ago
A smaller property in the area on Lighthouse Rd is valued at $9 million, while a yet-to-be-built home overlooking Main Beach in Byron Bay is worth $60 million.
He added: ‘Byron Bay and surrounding areas is now one of the hottest property markets in the country.
‘Hemsworth bought the property for $9 million but spent around $18 million building the mansion.’ Hard work: Chris and his family began construction on the Byron Bay mansion, named Kooeloah, in late 2017. It was previously an eight-bedroom resort-style home Oops! Critics and locals were quick to say that the rebuild reminds them of a suburban shopping centre, a refurbished RSL club or a regional airport terminal
Chris and his family began construction on the Byron Bay mansion, named Kooeloah, in late 2017. It was previously an eight-bedroom resort-style home.
Critics and locals were quick to say that the rebuild reminds them of a suburban shopping centre, a refurbished RSL club or a regional airport terminal.
The 50-metre rooftop infinity pool alone is estimated to have cost at least $400,000, an enormous indoor mural could be worth as much as $100,000 and the landscaping bill would reach $500,000. Sydney builder Jason Natoli said: ‘It’s been built like resort-style accommodation. You’ve got an infinity pool with a spa, five bedrooms with five en suites, a large indoor-outdoor kitchen, a four-car garage’ He added: ‘There’s a cinema room, massage room, sauna room, steam room, games room with a bar. There’s also a mud room – I’ve never heard of that before’ Lush: There is also a gymnasium, butler’s pantry, fire pit, change rooms, outdoor play area for the three Hemsworth children and walk-in wardrobes attached to four of the […]
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