The property market is something Aussies spend more time thinking about than theyโd like to admit to, but everyone knows not all homes are created equal. Here at On The Market, we scour countless property listings to share the best of the best, from palatially proportioned waterfront palaces to meticulously designed studio apartments.
Palm Beach is home to more than its fair share of spectacular properties, and while many stray from tastefulness into being ostentatious, a few homes are hard to forget once youโve laid eyes on them. Alaia Palm Beach is one such abode, boasting spectacular ocean views, seamlessly connected indoor and outdoor spaces, as well as just the right amount of contemporary minimalism.
Spanning three levels, itโs rich in sandstone surfaces, French plaster, and Italian marble, while the architectural details include skylights and curved walls to create soft, light-filled internal spaces. From travertine terraces and a heated wet-edge pool, to a wellness area with sauna and cold plunge, itโs a home that has it all.
Address: 28 Pacific Road, Palm Beach NSW 2108
Bedrooms: 6
Bathrooms: 5
Car spaces: 5
Price Guide: Contact Agent
We all love a home thatโs relatively unassuming from the street, but reveals itself as you walk through it, and this five-bedroom sanctuary in Elwood does exactly that. Situated on an unremarkably sized block of land with a modest front garden, its window-filled facade offers a hint of what lies beyond โ curves of marble, limestone, and cabinetry made from European Oak that matches the ceiling beams.
The backyard isnโt massive, though what it lacks in size it makes up for in a circular heated pool and a secure two-car garage, which is topped by a studio space thatโd work equally well as a home office or gym. Just moments from the bay and Elwoodโs cafes, itโs a masterful use of space created by renowned local builders Liefting Merlo Homes.
Address: 40 Goldsmith Street, Elwood VIC 3184
Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Price Guide: $4,800,000 to $5,000,000
An hour from Sydneyโs CBD and 30 minutes from the tip of Palm Beach, this home has to be one of the most thoughtfully designed properties in the greater Sydney area. Originally a brick and weatherboard beach house from the 1970s, it was reimagined by architects Matt Elkan and Daina Cunningham and deservingly won the Award for Residential Architecture โ Houses (Alterations and Additions) at the 2024 NSW Architecture Awards.
Surrounded by lush vegetation, its connection to the natural environment is immediately evident thanks to the generous use of birch ply interiors and blackbutt floors, while the blacked-out kitchen and Cheminees Philippe fireplace offer some visual contrast to the living spaces.
Outside, the gardens cascade down the hillside and feature veggie beds and a four-person Finnish sauna, cementing it as a home to enjoy all year round. At an asking price of $4 million, itโs unlikely to be for a first-home buyer. Considering the state of Sydneyโs property market at the moment, however, it still represents solid value.
Address: 17 Barkala Road, Bayview NSW 2104
Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Price Guide: $4,000,000
