Chris Hemsworth and his wife, Elsa Pataky, currently own one of Byron Bay’s most expensive homes: a mega-mansion in Broken Head worth an estimated $20million.
But the Hollywood couple could soon be overshadowed by an even more expensive home when a luxury beachside pad worth $61million hits the market.
A three-storey off-the-plan property called The Beach House is set to be built next to the Byron Beach Hotel and opposite Main Beach, reports Realestate.com.au.
Move over, Thor! Chris Hemsworth (pictured with his wife, Elsa Pataky) is set to be overtaken as the owner of Byron Bay’s most expensive house as a beachside mansion prepares to hit the market with a $61million price tag
The property is set to feature a rooftop pool, 360-degree beach views, a Japanese hot tub, an elevator and even a self-contained residence for the owner to rent out.
The house was contracted by Cavvanbah Project’s Adam Hammond and is listed by high-end property agency Beauchamp Estates. Melbourne-based architect John Bornas is also working on the house.
Mr Hammond and Mr Bornas are believed to be submitting the development application to the council next month.
Ambitious project: A three-storey off-the-plan property called The Beach House is set to be built next to the Byron Beach Hotel and opposite Main Beach, reports Realestate.com.au
‘The sort of person who can spend just over $60 million Australian on a house, which realistically will be a holiday house, will likely have a net worth of at least half a billion dollars,’ Mr Hammond reportedly said, according to Realestate.com.au.
He suggested that the owner of the sprawling property may be a foreign billionaire as ‘billionaires are fairly thin on the ground here.’
He said the site has a potential for a retail space on the ground floor for extra income.
Lap of luxury! The luxury property is set to feature a stunning rooftop pool, 360 degree beach views, a Japanese hot tub, an elevator and even an option to have a self-contained residence for the owner to rent out
It comes after a Byron Bay real estate agent, who has sold homes to the Hemsworths and other celebrities, insists Hollywood stars aren’t the ones driving up property prices in the trendy coastal town.
While frustrated locals blame a few high-profile residents for the influx of wannabe models and social media ‘influencers’ to the area in recent years, Peter Yopp of LJ Hooker Byron Bay says it’s not A-listers who are spending the most money.
Mr Yopp told Realestate.com.au the soaring house and rent prices in Byron Bay were actually the result of the ‘secretly rich’ splashing the cash.
‘The sort of person who can spend just over $60 million Australian on a house, which realistically will be a holiday house, will likely have a net worth of at least half a billion dollars,’ Mr Hammond said. The house was contracted by Cavvanbah Project’s Adam Hammond
Celeb hot spot: It comes after a Byron Bay real estate agent, who has sold homes to the Hemsworths and other celebrities, insists Hollywood stars aren’t the ones driving up property prices in the trendy coastal town. Pictured is Zac Efron, who has rented in Byron while living in Australia
‘To be honest, the people with the real money look like they don’t have any money. You wouldn’t even know who they are,’ he said.
Mr Yopp also said sale prices were constantly rising, with new records being set whenever a luxury property changes hands.
‘The latest sale is the new bottom,’ he told the website. ‘As soon as something else comes along, it supersedes it [in price].’
According to Domain, the median house price in Byron Bay is now more than $1.44million, which is up 22.8 per cent from last year.
Meanwhile, rent has ‘jumped by a third in six months’, reports Realestate.com.au.
Notable Byron Bay residents include actor Chris Hemsworth and his wife, Elsa Pataky, who own a $20million ‘mega-mansion’ in Broken Head; model and The Block winner Elyse Knowles, who bought a $2.3million beach house last year; and The Project host Carrie Bickmore, who rents out her $3million holiday home to visitors.
In addition to the famous locals, many Hollywood stars have rented in Byron Bay while visiting Australia, including Zac Efron, Natalie Portman and Mark Wahlberg, who spent his 14-day quarantine at a luxury $2,500-a-night retreat in the area.
Famous residents: Notable Byron Bay residents include actor Chris Hemsworth and his wife, Elsa Pataky, who own a $20million ‘mega-mansion’ in Broken Head (pictured); model and The Block winner Elyse Knowles, who bought a $2.3million beach house last year; and The Project host Carrie Bickmore, who rents out her $3million holiday home to visitors