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Rich lister Heloise Pratt lists Toorak house for $58m to $63m

Elizabeth Redman

When rich lister Heloise Pratt bought a Toorak home in 2021, the $22 million price tag turned heads. Now, she is selling another with even loftier price hopes of $58 million to $63 million.

The wealthy philanthropist and Visy heiress has listed for sale the grand estate she once co-owned with her former husband Alex Waislitz. Records show the then-couple bought the home for $6 million in 2000.

Heloise Pratt’s Toorak home is for sale.Marshall White

It comes after a settlement deal between the separated parties last month that left Waislitz in control of the $1.3 billion Thorney Investment Group. The Toorak home was then transferred from both their names into Pratt’s name only, and has now hit listing portals.

The seven-bedroom compound is set on an oversized block of more than 3300 square metres, and comes with nine bathrooms and parking for eight cars.

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Buyers with deep pockets will find soaring ceilings, a Gaggenau-appointed Arabescato marble kitchen, formal and informal dining and living spaces, a games room, gym, lap pool, outdoor dining terraces, expansive Paul Bangay-designed gardens and a tennis court.

There’s a commercial kitchen, a guest house and home automation and security systems. Selling agents on the listing are Marshall White’s Marcus Chiminello, Nicole French and Mandy Zhu.

The home is ready to move in.Marshall White

Chiminello is fielding interest from buyers looking for a property they can move into without needing to renovate.

“It was so beautifully constructed when the family created [the home],” he said. “If further works were to be done, it would only be done by choice, for example, paint, carpet. Maybe a bathroom.”

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This week another Toorak home was listed for sale with a price guide of $45.5 million to $50 million, a level uncommon in the suburb until a few years ago.

When Pratt bought her $22 million home in 2021 from Boost Juice founders Janine and Jeff Allis, it made headlines for being one of three in Toorak that sold in three weeks for just above $20 million. Until then, there had been only a handful of sales in Melbourne above that price.

The price guide is $58 million to $63 million.Marshall White

In late 2016, Melbourne’s record was reset by the $26.25 million sale of the Besen family, then topped by the $38 million sale of a fire-damaged home on St Georges Road before being reset in 2018 by a $52.5 million Malvern mansion.

In 2022 cryptocurrency king Ed Craven paid $80 million for a Toorak knockdown-rebuild. This year logistics boss Paul Little and university chancellor Jane Hansen sold their Toorak home for a price variously pegged at $115 million, $135 million or even a reported $150 million.

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Chiminello thought the opportunities for buyers available now above $40 million were based on generational change, and specific homes becoming available.

He described Melbourne’s top-end market now as “active, although it has been perceived as fickle”.

“Most things that have been available in 2025 at the top end have required extensive works and they have fallen out of favour a little.”

Elizabeth RedmanElizabeth Redman is the national property editor at The Age and The Sydney Morning Herald.Connect via X or email.

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