Gold Coast property Dahlia Estate sells for record $11.2m

A trophy home in the Gold Coast hinterland has fetched $11.2m under the hammer, smashing the suburb record by $5.9m.

Dahlia Estate includes a house built into the side of a hill with a long list of luxury features from a helipad and outdoor gym to a resort-style pool and tennis court.

The Tallebudgera Valley property first hit the market in March via an expressions of interest campaign and it didn’t take long for the sprawling estate to appear among the country’s most popular properties on real estate portal

Vendors Ross and Ashley Hankin last month decided to auction the property with a fresh new marketing push with Kollosche’s Troy Dowker and James Roberts.

The dining and lounge area opens to a curved balcony.

The auction, called by Justin Nickerson of Apollo Auctions on Friday, attracted three registered bidders.

Bidding started at $7 million with two parties battling it out to the end.

After 22 bids, the hammer came down at $11.2 million and a Gold Coast buyer ending up triumphant.

“It’s a testament to what the sellers have created and delivered,” Mr Dowker said.

“It’s an exceptional product in a beautiful tranquil environment.”

The previous suburb record was $5.3m paid in August, 2021 for a house at 113 Monday Drive.

Mr Dowker said the decision to take Dahlia Estate to auction paid off.

“We just believed in the process and got people emotionally invested and let them bid for the keys,” Mr Dowker.

“The auction process can be very beneficial for the seller and buyer.“Often the seller can get a price above market value and because the buyer is buying in a public forum, they know exactly where the level is at and where the competition is.”

Welcome to paradise.

Mr and Mrs Hankin paid $1.725 million for the 2.19ha block which settled in February, 2021.

“Our initial concept for Dahlia was simple — to do justice to this incredible property,” Ms Hankin said.

“It is the most unique site we have ever come across, so we knew whatever we were going to build had to take advantage of the uninterrupted views and natural landscape of the land.”

With the help of designer Jayson Pate the pair got to work.

Mr Hankin, a builder who owns boutique residential and commercial construction company HNKN, started the build in 2021.

The end result is a jaw-dropping mix of exposed concrete, wood and stone paired perfectly with louvres, glass and skylights to create a warm and inviting space.

The name Dahlia Estate came from an aerial view of the property – it looked like a dahlia flower.

The curve of the house sets the scene while the standout feature is without a doubt the mountain views.

The tennis court.

Mr Dowker said Tallebudgera Valley offered a unique lifestyle that was sought-after by many.

“You have the ability to go from the beach to the tranquillity and trees in 15 minutes and you’re still in a major city,” he said.

“The beauty of it is you’ve got great access to infrastructure and schools.

“Buyers have been resonating with these lifestyle choices.”

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