The Aporia · Rich Lister sells Sydney home for about $75m as Reserve Bank hikes rates

Kristy Johnson

11 article(s) here · 1 carrying a prediction

🔮 “It’s not been an easy decision because I love Manly, and the unit is amazing and will never be replicated,” he said.

2026-10-24 · assertive framing · Philanthropic couple re-list $40m beachside unit with $5m discount

🔮 “We purchased Werrington House almost 15 years ago this week, determined to restore it to its former glory and take it to an entirely new level, sparing no expense in the process,” she said on Thursday. “We often reflect on what its previous occupants might have thought had they been able to see what the house would ultimately become.

2026-10-17 · assertive framing · Former NSW Opposition Leader lists renovated convict-built home for $13m

🔮 Chen said the prized waterfront “will be highly sought after as the home itself is substantial and further enhanced by uninterrupted harbour views, a boat house and its own rare private jetty”.

2026-10-16 · assertive framing · Point Piper mansion Akuna hits the market for more than $55 million

🔮 Michael Pallier of Sydney Sotheby’s International Realty, who sold the residence alongside Pillinger’s Brad Pillinger, confirmed it sold for a figure around the $75 million guide, but would not divulge the exact sales price nor the buyer’s identity. However, a caveat on the title was lodged last week by Steven and Carol Moss.

2026-10-10 · assertive framing · Son of Blackmores founder lists one of two homes on same street for $13m

🔮 William Brush of Manor Real Estate, who holds the Dural listing, declined to comment on the listing, vendors’ identities and decision to sell when contacted by this masthead. Inner-city living Angela Fleming, wife of the late Jim Fleming, who launched the Jewel supermarket chain, has bought into the new residential development at Castlereagh Street in the CBD, the former site of the David Jones menswear store. Settlement documents that emerged last month reveal Angela bought two four-bedroom, five-bathroom units, one for $15,215,000, and the other for $4.2 million.

2026-10-03 · assertive framing · Former rugby league star once banned by corporate regulator lists $12m estate

🔮 One sold for $20.5 million and the other for $19.5 million, both to retirees. Jason Boon and Geoff Cox of Richardson & Wrench Elizabeth Bay and Potts Point sold both residences but could not divulge the buyers’ identities when contacted by this masthead.

2026-10-02 · assertive framing · Downsizing retirees splash $40m in one day on Elizabeth Bay units

🔮 Michael Pallier of Sydney Sotheby’s International Realty, who sold the residence alongside Pillinger’s Brad Pillinger, confirmed it sold for a figure around the latest guide but would not divulge the exact sales price nor the buyer’s identity. However, he did say the sale puts “confidence in the market” and that when there are price adjustments and vendors willing to meet the market, properties sell.

2026-09-29 · assertive framing · Rich Lister sells Sydney home for about $75m as Reserve Bank hikes rates

🔮 The sale comes after the Duncans in May last year paid $29.5 million for a Point Piper penthouse previously owned by Sue Ingham, widow of poultry business millionaire Jack Ingham.

2026-09-26 · assertive framing · Former luxury car dealer sells renovated Bellevue Hill home for about $31m

🔮 It was briefly listed with another agency in May and is now on offer with the original agency with a guide of $19 million.

2026-09-25 · assertive framing · The Sydney house that Pandora jewellery built gets an $8m discount

🔮 Will Phillips and Denzil Lloyd of Byron Bay Sotheby’s International Realty are accepting expressions of interest for the Hammonds’ residence.

2026-09-19 · assertive framing · Moguls behind Kylie Jenner-endorsed sunglasses brand list Byron Shire mansion

Also by Kristy Johnson

Philanthropic couple re-list $40m beachside unit with $5m discount

2026-10-24 · The Sydney Morning Herald

Former NSW Opposition Leader lists renovated convict-built home for $13m

2026-10-17 · The Sydney Morning Herald

Point Piper mansion Akuna hits the market for more than $55 million

2026-10-16 · The Sydney Morning Herald

Son of Blackmores founder lists one of two homes on same street for $13m

2026-10-10 · The Sydney Morning Herald

Nothing else under this byline is closely related to this article, so these are simply their most recent.

All 11 articles by Kristy Johnson →

Topics

Pallier Sydney Sydney Sotheby’s International Realty the Reserve Bank

Subjects

the Reserve Bank ORG · 2× Brad Pillinger PERSON · 1× Magid PERSON · 1× Michael Pallier PERSON · 1× Pallier ORG · 1× Pillinger ORG · 1× Rich Lister PERSON · 1× Robert Magid PERSON · 1× Ruth PERSON · 1× Sydney Sotheby’s International Realty ORG · 1×

Narrative

Michael Pallier of Sydney Sotheby’s International Realty, who sold the residence alongside Pillinger’s Brad Pillinger, confirmed it sold for a figure around the latest guide but would not divulge the exact sales price nor the buyer’s identity. However, he did say the sale puts “confidence in the market” and that when there are price adjustments and vendors willing to meet the market, properties sell.

framing: assertive · carried by 1 article(s) · first seen 2026-09-29

2026-09-29 · The Sydney Morning Herald

Rich Lister sells Sydney home for about $75m as Reserve Bank hikes rates · assertive framing

Claims (8 extracted, 1 hedged)

Property tycoon and Rich Lister Robert Magid and his wife Ruth have sold their Point Piper mansion for a figure believed to be around $75 million on the same day the Reserve Bank hiked the cash rate to a 15-year high. asserted

Bank → sell → high

The sale on Tuesday comes as the Reserve Bank lifted the cash rate for the fourth time this year, from 4.35 per cent to 4.6 per cent. asserted

Bank → come → cent

The Magid family’s home first hit the market in August with a price guide of $85 million and was later reduced to $75 million, as previously reported by this masthead. asserted

home → hit → masthead

properties → sell → market

Pallier said they received multiple offers for the home after the reduced price guide. asserted

they → say → guide

The five-bedroom, five-bathroom house was bought by the Magids for $7.35 million in 1998 after they reportedly managed to top the interest shown by Star Wars director George Lucas. uncertain

they → buy → Lucas

It has since been refurbished. asserted

It → refurbish → ?

The property is also on the site of one of Sydney’s best-known landmarks, Paradis sur Mer, where the late socialite Lady Susan Renouf once lived. asserted

socialite → know → landmarks

Rich Lister sells Sydney home for about $75m as Reserve Bank hikes rates

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Claims (8 extracted, 1 hedged)