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Writer's pictureMichael Confos

Bought for £2,100 sold for $130 Million


off market listings

Sitting on 6,859 sqm Elaine is one of the eastern suburbs largest landholdings. In 2017 The Fairfax Family sold the property to technology billionaire Scott Farquhar for $70 million. In 2024 Farquhar has sold it for $130 million. It was bought in 1891 by the Fairfax's for £2,100.


off market properties

The land can be subdivided and is zoned R3 medium density residential which means apartments could be approved to be constructed on the land.


The sale would be accompanied with $9 million in stamp duty....


Off Market Listings is an online portal for off market properties in Sydney and Australia. Australia's leading website for house for sale off market and off market real estate.

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