Tech billionaire Scott Farquhar buys $10.85 million digs on Central Coast beachfront

Australia News News

Tech billionaire Scott Farquhar buys $10.85 million digs on Central Coast beachfront
Australia Latest News,Australia Headlines
  • 📰 smh
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Scott Farquhar and Kim Jackson have doubled down on their favourite Central Coast holiday ground, splashing more than $10 million for a beachfront getaway.

Nick Fordham has listed his penthouse consolidation of two apartments in Surry Hills.Tech billionaire Scott Farquhar and his wife, investment banker Kim Jackson are known for having a somewhat low-key approach to their discretionary property purchases – at least among Australia’s billionaire class.

But as Gina Rinehart stakes her claim to Noosa, Andrew “Twiggy” Forrest to the late Olivia Newton-John’s Gaia Retreat in Byron Bay, and Mike Cannon-Brookes claims a good part of Palm Beach, the Southern Highlands and now Dunk Island, the Farquhar-Jackson family are doubling down on the Central Coast.

Local values have come a long way since Farquhar first bought into the market in 2010. At the time the then 30-year-old, who was living in a two-bedroom apartment in Pyrmont, bought an architect-designed house with five bedrooms on 556 square metres for $3.57 million.Fast-forward to 2022 and the couple’s new digs – a kicked-football distance away – is another designer home with the same number of bedrooms and on the same land size, but for the marked-up price of 200 per cent more.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

smh /  🏆 6. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch out: high-tech traffic cameras net $100 million in just eight monthsWatch out: high-tech traffic cameras net $100 million in just eight monthsAt an average of $420,000 worth of fines issued per day, Queensland’s new mobile phone and seatbelt cameras are packing a road-safety punch.
Read more »

Trains, not cars, should run along proposed tunnel on Brisbane’s northsideTrains, not cars, should run along proposed tunnel on Brisbane’s northsideA rail lobby group says running trains along the North West Transport Corridor would provide flexibility on the North Coast Line to run fast trains to the Sunshine Coast.
Read more »

9yo girl hit by car while walking to school on the Gold Coast9yo girl hit by car while walking to school on the Gold CoastThe girl has been taken to the Gold Coast University Hospital.
Read more »

Twiggy’s plans for a new Rhodes scholarship – in PerthTwiggy’s plans for a new Rhodes scholarship – in PerthThe mining billionaire wants to bring the world’s best and brightest to the west. Good luck to him.
Read more »

Clive Palmer ordered to pay part of Mark McGowan’s legal costs after defamation battleClive Palmer ordered to pay part of Mark McGowan’s legal costs after defamation battleBillionaire’s costs will not similarly be paid by WA premier, as judge finds ‘asymmetry of responsibility’ for ‘long and costly’ case
Read more »

Clive Palmer ordered to pay portion of Mark McGowan's legal costs after defamation battleClive Palmer ordered to pay portion of Mark McGowan's legal costs after defamation battleClive Palmer will bear part of the costs from his defamation battle with Mark McGowan but Western Australia taxpayers remain on the hook for some expenses.
Read more »



Render Time: 2025-04-01 19:13:15