February 26, 2026
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World News

Perth’s most expensive house sales in 2022 revealed, with Applecross property topping the list

A riverfront property from exterior Perth’s “golden triangle” was the town’s costliest residential sale in 2022.

The house on Majestic Shut at Applecross, in Perth’s southern suburbs, was snapped up by eye surgeons Tze Foon Lai and Johnny Wu in February.

The value tag on this lavish property? A monster $19.5 million.

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So what does that massive price ticket purchase the brand new house owners?

Itemizing notes pitched the property to potential buyers as a “timelessly-designed palatial masterpiece” combining the “finest river and metropolis views Perth has to supply”.

Majestic Shut, Applecross gives unimaginable views of the Swan River and the town. Credit score: realestate.com.au
The house offered for greater than $19 million in early 2022. Credit score: realestate.com.au

The three-level dwelling on 2,508sqm of land contains 38m of river frontage, taking advantage of the town views.

Designed with inspiration from famed US architect Addison Mizner, gothic framed home windows and vintage chandeliers trace at Floridian and Mediterranean influences.

Star points of interest of the house embrace a grand lounge with coffered ceilings and a glass wall, a separate formal eating room and open-plan kitchen.

The main bedroom options its personal library, dressing room and an opulent ensuite with unimaginable views.

The house’s first flooring options three bedrooms filled with their very own walk-in robes, ensuites and personal balconies.

The house’s beneath croft degree additionally packs a punch, delivering a one-bedroom condo, maid’s quarters, theater room, further toilet, a fitness center room that opens as much as the outside pool space, wine cellar and a storage for 9 vehicles.

The three-level house is on 2,508sqm of land Credit score: realestate.com.au
The ensuite comes with unimaginable views. Credit score: realestate.com.au
The property options 38m of river frontage. Credit score: realestate.com.au

REIWA chief govt Cath Hart mentioned Perth’s luxurious waterfront housing sector is performing extraordinarily effectively.

“Whereas there was some softening throughout all the premium suburbs, the top-end value brackets for 2022 nonetheless stay very robust,” Hart mentioned.

“This can be a reflection of continued demand and restricted provide.”

A excessive “fee of enquiry” is being generated from inside Perth, whereas there’s additionally curiosity from expats from Sydney and Melbourne seeking to head west for the primary time.

“Even within the high finish of our market, Perth costs are seen as providing excellent worth for patrons from Sydney, Melbourne, and from abroad facilities equivalent to Hong Kong and Singapore,” Hart mentioned.

Prime 10 costliest home gross sales in Higher Perth in 2022

1. Majestic Shut, Applecross. $19.5 million. Bought in February.

2. The Esplanade, Peppermint Grove. $17 million. Bought in June.

3. Jutland Pde, Dalkeith. $16.5 million. Bought in April.

4. Salvado St, Cottesloe. $15.6 million. Bought in July.

5. Marine Pde, Swanbourne. $12.1 million. Bought in September.

6. Truro Place, Metropolis Seaside. $9.75 million. Bought in March.

7. Baldwin Ave, Mount Nice. $9.35 million. Bought in January.

8. Irvine St, Peppermint Grove. $7.77 million. Bought in January.

9. Johnston St, Peppermint Grove. $7.75 million. Bought in August.

10. Clarendon St, Cottesloe. $7.35 million. Bought in January.

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