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.
Set upon 85 generous acres, Tallagandra has been masterfully transformed by well-known Melbourne locals Rodney & Ann Smorgon, who took what was once a blank slate and reshaped it into a spectacular estate.
Part working farm, part living art gallery, the property boasts more than 30 large-scale artworks rising from the pastures, shifting from quiet forms by day to dramatic silhouettes at night. The original home was significantly updated by the team over at SBJ, bringing mid-century lines to the rolling Peninsula hills and framed by landscaping completed by Tract.
Additionally, as alluded to earlier, the property is home to a herd of working cattle, a 900-tree olive grove, a chicken coop, 110,000 litres of filtered water storage, three dams, plus a spring-fed stream that irrigates over 600 native trees. A true Peninsula gem.
Address: 84 Meakins Road, Flinders VIC 3929
Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Price Guide: $12,800,000 to $13,800,000
Not all Collingwood apartments are created equal, and while weโve featured a few excellent warehouse conversions here at On The Market, this feels like it sits in a league of its own.
Formerly a working factory just moments from Gertrude and Smith Streets, the space has been reimagined with articulate architectural restraint to create a residence defined by light, volume, and versatility.
Soaring double-height ceilings and classic sawtooth windows flood the space with soft light, while the two balconies extend the living zones outdoors. Thereโs also private garaging and an additional car space, making this apartment a rare inner-Melbourne haven that tastefully blends industrial heritage with a quietly sophisticated design.
Address: 8 Brown Street, Collingwood VIC 3066
Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Price Guide: $1,350,000 to $1,450,000
For most of its history, Melbourne CBD was something of a ghost town outside of business hours. In 1992, for instance, there were only around 600 city apartments in the city (currently itโs close to 30,000), while the rest were commercial space eventually converted into something residential โ like this apartment.
In a past life, this remarkable historical property was the boardroom and chairmanโs offices in the Port Authority Building, originally constructed in the extravagant Beaux Arts style by Sydneyโs Smith Ogg & Serpell circa 1929, and serving as a commercial hub for the city. Now, itโs been reimagined by the team at SBJ โ boasting ornate ceilings, blackwood panelling, and bronze-framed windows to introduce a measure of contemporary refinement.
With three bedrooms, bespoke marble accents, and secure parking, itโs an architecturally significant home. If I had a spare $4 million in my pocket, this would be at the top of my buy list.
Address: 101/29-31 Market Street, Melbourne VIC 3000
Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Price Guide: $3,800,000 to $4,100,000
Finally, we have one of the most coveted New South Wales properties for all the motoring enthusiasts out there: Pheasant Wood Circuit.
Set across 150 acres in the Southern Highlands โ one and a half hours from Sydney and an hour from Canberra โ this fully realised motorsport estate has been carved into rolling countryside.
It features a 1.6-kilometre race track officially licenced by Motorsport Australia, a race control tower, garages, and plenty of other purpose-built facilities to create the ultimate drive-day location. And sure, itโs not specifically focused on being lived in full-timeโฆ though there is a four-bedroom residence, guest cabin, and extraordinary expansion potential with an option to also acquire five adjoining parcels totalling nearly 350 acres.
Address: 8 Prairie Oak Road, Marulan NSW 2579
Bedrooms: 4
Bathrooms: Unspecified
Car spaces: Unspecified
Price Guide: Contact Agent
