- Home
- Home Loans
- News
- How much would it cost to live in a celebrity home?
How much would it cost to live in a celebrity home?
When it comes to the lifestyles of the rich and famous, we can’t help but wonder just how they spend on their enviable homes, or how much the mortgage repayments would be on those massive price tags.
Most Aussie celebs tend to split their time between Hollywood and back home, with property across the US and here. A-listers will often keep a home base in Sydney and Melbourne for work, while being able to retreat to spacious country and beachside estates – generally in New South Wales.
From Byron Bay mega-mansions to Palm Beach bungalows, let’s take a look inside some of Australia’s most expensive celebrity homes.
Chris Hemsworth - $50 million
In the past, Chris Hemsworth and wife Elsa Pataky spent a mammoth $20-30 million building their Byron Bay mansion, colloquially dubbed a “Westfield’s” by locals for its shopping centre-esque appearance.
The A-list pair’s Byron Bay “Westfield” mega-mansion. Source: ManofMany.com
Now, after having relocated to Sydney after several years in the coastal NSW town, it is rumoured the celebrity couple may be selling their Byron Bay mega-mansion, and looking to purchase in the Sutherland Shire.
A recent realestate.com.au article hinted that the pair may be considering forking out a massive $50 million for a palatial Burraneer build. The home boasts an epic 3,965sqm of internal space throughout six floors, and is currently owned by entrepreneur, Steve Shelley.
Could this be Thor’s new home? Source: RealEstate.com.au
Nicole Kidman and Keith Urban - $6.5 million
Actress, Nicole Kidman, and her country music star husband, Keith Urban, are another famous duo that have purchased outside of the capital cities.
The celebrity couple are said to own properties in Sydney, New York, Los Angeles, and Nashville. But they also own a mansion in the Southern Highlands suburb of Sutton Forrest, estimated to have been purchased for $6.5 million in 2018.
The ‘Big Little Lies’ star and her rocker husband’s Georgian-style country retreat. Source: DailyMail.Co.UK.
The home was one of many that was under threat of damage from the severe bushfires that swept across New South Wales in 2019. In response to this, the couple generously donated $500,000 to rural services fighting the fires.
Hugh Jackman - $5.9 million
Actor Hugh Jackman and his partner Deborra-Lee Furness have been able to rack up a number of diverse and stunning properties over the years.
Despite boasting a global real-estate portfolio that includes a $21 million West Village apartment in New York, as well as a Hamptons retreat they’ve been renovating for the last four years, the ‘X-Men’ star is said to have bought this three-bedroom Bondi Beach apartment overlooking the ocean for $5.9 million.
Hugh and Deb enjoy world-class ocean views from this enviable Bondi Beach pad. Source: OverSixty.com.
The dynamic duo also caused a stir for Sydney residents when it was reported that Deb was spotted viewing this Dover Heights property worth $4.5 million, which went on to sell $1.5 million over reserve.
Could another Eastern Suburbs gem be on the cards for the couple? Source: OverSixty.com.
Jennifer Hawkins - $24.5 million
Speaking of Sydney real estate, model Jennifer Hawkins and her property developer husband, Jake Wall, were recently given approval to build their $3 million dream home in Whale Beach.
The news comes after demolishing the existing home, known as ‘Rocca Bella’, that they purchased for $6.95 million, which was previously owned by Dame Joan Sutherland. The Whale Beach property is said to boast the largest oceanfront estate in the Northern Beaches.
Plans approved to rebuild on the former Dame Joan Sutherland’s Whale Beach Home. Source: DailyMail.Co.Uk.
In June this year, the former Miss Universe and her husband sold their breathtaking Newport mansion for a whopping $24.5 million - six months after being listed. The home was purchased by billionaire and CEO of Atlassian, Mike Cannon-Brookes, and his wife Annie.
Breathtaking views from the $24.5 million Northern Beaches home. Source: DailyMail.Co.UK
Mike Cannon-Brookes - $240 million
Speaking of the tech leader, Mike Cannon-Brookes has quickly amassed a property portfolio said to be worth more than $240 million, including Jennifer Hawkins and Jake Wall’s $24.5 million Newport mansion.
Mike Cannon-Brookes and his wife Annie are also behind the purchase of a $6.8 million house on the Newport waterfront, as well as the Bangalla estate on Scotland Island for $8 million.
Cannon-Brookes’ $8 million waterfront stunner on Scotland Island. Source: RealEstate.com.au
The Atlassian CEO is also said to own property throughout the Southern Highlands, including:
- The $14.5 million Kangaloon farm ‘Widgee waa’,
- A $3.9 million Cooliata mansion in Burradoo in the Southern Highlands,
- An adjoining Cooliata farm worth $7 million,
- A $5.35 million weekender ‘Rosehill Farm’, and
- The $3.3 million hobby farm ‘Joadja Creek Farm’.
Breathtaking scenes from the $14.5 million, 155 hectare ‘Widgee Waa’. Source: Domain.com.au.
How much would mortgage repayments cost for a celebrity home?
It’s reasonable to suggest that the A-listers mentioned above would have the funds to purchase these impressive properties outright.
However, everyday Australians may still be curious as to just how much mortgage repayments would be for these million-dollar listings.
While the actual figures would depend on the borrowers own financial situation and highly dependent on the lender themselves, for hypothetical sake, this may be what repayments would cost you on these homes:
Celebrity | Property value | Monthly Mortgage Repayments |
Chris Hemsworth and Elsa Pataky | $50 million | $215,141 |
Nicole Kidman and Keith Urban | $6.5 million | $27,968 |
Hugh Jackman | $5.9 million | $25,387 |
Jennifer Hawkins | $24.5 million (Sold to Mike Cannon-Brookes) | $105,419 |
Mike Cannon-Brookes | $14.5 million (Widgee Waa) | $62,391 |
Note: Hypothetical figures based on a 30-year loan term with average variable owner-occupier interest rate (paying principal and interest) of 3.16% (data accurate as of 12.11.21). Assumes rates do not fluctuate and does not factor in fees. All figures are for demonstrative purposes only and are not reflective of real-life costs.
Disclaimer
This article is over two years old, last updated on November 15, 2021. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent home loans articles.
Calculate your dream home loan repayments today
Compare home loans in Australia
Product database updated 17 Nov, 2024
Share this page
Get updates on the latest financial news and products
By continuing, you agree to the RateCity Privacy Policy, Terms of Use and Disclaimer.