Sorry, Sydney's Northern Beaches, apologies to Victoria's Mornington Peninsula, bad luck Noosa and Port Douglas. On the scale of global playgrounds for the super-rich and famous, you're just not on the radar.
France's Côte d'Azur, or the French Riviera, was named the most popular “leisure enclave” for the world's super-rich in a new report from British real estate consultant Savills.
A typical five-bedroom home on the Côte d'Azur now costs more than $US28.5 million ($29.8 million), Savills found.
It ranked the exclusive enclaves, where the world's wealthiest people are likely to buy additional homes, by looking at four factors: the average price of prime residential property, the highest prices for luxury hotel suites, global appeal, and exclusivity among the elite.
The list of the top 20 residential enclaves for ultra-high-net-worth individuals (defined as those with $US30 million or more in assets) was co-produced with Candy & Candy and Deutche Asset Wealth & Management.
The French Riviera's neighbour, Monaco, was the second-most expensive to live a life of luxury in, although it only finished fifth on the Savill's list when the other criteria were factored in. Italy's little-known Costa Smeralda finished second ahead of the tiny Caribbean island of St Barts and US skiing haven Aspen.
For A-listers planning to rent something glamorous in Sydney this Christmas, time and appropriate digs have almost run out.
As the party decorations are hung at the Vaucluse mansion Villa Igiea in preparation for Brad Pitt's 50th birthday party, local stars and expats are descending on Sydney to celebrate a summer Christmas, putting the demand for waterfront rentals at their highest levels in years.
''In the eastern suburbs, from Paddington to Vaucluse, it's a very hard market to find accommodation because there's not a lot available,'' said buyer's agent Janne Sutcliffe, of Change of Address. ''I'm having to do a lot of off-market negotiations to see if people are interesting in leasing.''
Although the Bellevue Hill estate Barford, owned by businessman Ian Joye, is still available for $25,000 a week, it is the slightly more affordable waterfront homes in prime Point Piper and Vaucluse that are in strong demand.
Expect to pay about $15,000 for a waterfront house in Vaucluse or Point Piper, if you can still find one, and prices are known to go as high as $40,000 for the night for a prime spot at the Toaster on New Year's Eve, said buyer's agent Stu Jones, of Rose and Jones.
Palm Beach is also gearing up for a busy summer this year, according to Peter Robinson, of LJ Hooker Palm Beach. ''It's looking like the whole of the eastern suburbs and north shore are heading up .''
Brad Pitt and Angelina Jolie, with their children, are rumoured to be heading up the peninsula.
''That has been the word around the place,'' Mr Robinson said. ''It might have been sparked by a location agent who was scouting properties for a high-profile couple from the United States with six kids.''
No word on what property that booking agent finally secured, but suggestions included Surfside on Northview Road, or something on the lower side of Sunrise Road, where prime houses with ocean views and a swimming pool rent for $25,000 a week. The usual Palm Beach prize, Kalua, which in previous years has topped the Christmas rental list at $40,000 for a week, is not available.
Retired car dealer Laurie Sutton bought it last year for $22 million and the Suttons plan to keep the trophy residence for private use.
''There are some very interesting names coming down this year,'' said John Bryant, of Northern Beaches Holidays. ''It is one of the best years on record, both in terms of rental demand and the calibre of the visitors. I can't comment on who they are, though.
The northern beaches is pretty boring. If you wanted lots of girls and coke, then you'd want Monaco or something. They don't call it the insular peninsula for nothing.
It's also about a light year from the city.
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