Binalong Bay's $6m coastal estate back on market as owners tire of holiday home
Binalong Bay's $5.5m-plus estate returns to market as owners prioritise travel.
The Bay of Fires Estate at Binalong Bay sold within three weeks in December 2021 for $5.5 million-plus, shattering the local record. The owners, who bought it as a weekend and holiday retreat, have now put it back on the market at mid-year 2026, asking at least $6 million.
The agent says they're downsizing and want to travel, the property turned out to be surplus to needs. The four-bedroom home sits on nearly 22 hectares with beachfront access, neighbours Grants Lagoon, and possesses impressive views over the coastline's famous white sand, and was built around 2008.
Conservation zoning limits future development but protects owners from land tax. The agent notes interest has come from both local and interstate buyers, though the super-premium market has fewer purchasers overall.
- 21.6 hectares
- Land size
- $6 million
- Asking price
- $2.5 million
- Previous local record
- Around 2008
- Built
Why it mattersProperty values on Tasmania's coveted coastline are holding strong years after purchase, signalling confidence in premium beachfront assets despite slower sales in this ultra-high end.
AustraliaBuyers seeking Tasmanian coastal property get a rare look at one of the state's most expensive homes, but few Australians can afford the ultra-premium market this property represents.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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