- Australia’s richest person, Gina Rinehart, presides over a vast real estate empire.
- Ranging from riverfront mansions in Perth to sprawling cattle stations, her holdings cover millions of hectares across the country.
- The mining magnate has steadily amassed property that reflects both her personal tastes and strategic business investments.
Billionaires are renowned for turning heads with lavish purchases — Amazon founder Jeff Bezos famously built himself a billion-dollar, multi-state property collection, while Elon Musk went the other way, downsizing into a tiny prefab home in Texas.
Yet for Gina Rinehart — the mining magnate who made her name and fortune at Hanockck Prospecting — real estate seems just as integral to her legacy as iron ore. Whether buying riverfront blocks in Dalkeith, prime farmland in Queensland, or beach houses along the Sunshine Coast, her hallmark ambition is evident on every acre. Based on publicly reported transactions, Gina Rinehart’s real estate holdings likely total well over half a billion dollars.
Below is a closer look at Rinehart’s most notable real estate assets, so far as we can ascertain them from publically available records and reporting.
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Hawthorne Riverfront, Brisbane (Queensland)
Price: $18.5 million (initial purchase) + subsequent acquisitions
Size: 4545 sqm across house + adjoining block
Date of Purchase: 2014
Although best known for her Western Australian roots, Rinehart also has a strong foothold on the east coast. In 2014, a company linked to her — Wingfield Ave Pty Ltd — acquired a riverfront Queenslander in Hawthorne — one of Brisbane’s prestige suburbs — for $18.5 million. This purchase included the main house plus an empty block next door, collectively spanning 4545 square meters of prime land on the Brisbane River.
Property records show that after the initial sale, she later transferred beneficial ownership into her own name in May 2018. The estate itself — nestled away in an area where large-scale mansions are few and far between — was later earmarked for development. Plans were lodged shortly after purchase to add a glass-enclosed veranda, a lift, and an outdoor shower — amenities befitting Rinehart’s taste for comfort and privacy.
Dalkeith Estate, Swan River (Western Australia)
Price: Inherited/Various (one empty block of land on market for $9 million)
Size: Multiple houses + adjoining land holdings
Date of Acquisitions: 1950s through 1990s
Sat on Perth’s scenic Swan River, Dalkeith is the coveted enclave for Western Australia’s wealthiest families. Gina Rinehart’s father, Lang Hancock, originally purchased a 1930s mansion in the 1950s, setting the stage for a plump multigenerational estate. Eventually inherited by Gina — not without some controversy — the property features an expansive front yard, lush gardens, and a commanding position overlooking the river.
But Rinehart’s footprint in Dalkeith goes far beyond a single mansion. Over the years, she accumulated three houses on adjacent blocks, plus an additional strip of land purchased in the 1990s from prominent investor Ralph Sarich. One empty block, which sits next door, was reportedly on the market for $9 million, just to give you an idea of how much this sprawling estate is with when you tot it all up.
The main house fronts Victoria Avenue, while a second, more modern home closer to the water is believed to be Rinehart’s personal residence. The so-called “workman’s cottage” next door has previously been occupied by her estranged son, John Hancock. All in, this collection of properties — bordered on three sides by the river — forms what many consider to be the single biggest landholding in Dalkeith.
Rinehart has undertaken swathes of renovations on the historic mansion over the years. Real estate whispers speak of massive upgrades that have transformed it from what one visitor once called “cold, dark, and awful.” The Dalkeith cluster remains a deeply and sometimes darkly personal slice of real estate for Gina, reflecting a dynasty that is deeply entwined with Perth’s mining fortunes.
Sunshine Beach and Noosa Holdings (Queensland)
Price: Multiple acquisitions ranging from $9.75m to $34m
Size: Several oceanfront houses across Sunshine Beach/Noosa
Date of Purchases: 2022 onward
Apparently, it’s not just city riverfronts capturing Rinehart’s attention: she’s also been on a fairly recent shopping spree across Queensland’s Sunshine Coast, most notably in the elite enclaves of Noosa and Sunshine Beach. Within the space of a single year, Rinehart snapped up four properties in close proximity:
- Park Crescent House #1: Purchased off-market from Therese Rein (the wife of former Prime Minister Kevin Rudd) for $9.75 million in March 2022 — just six months after Rein had acquired it for $6.75m, representing a quick profit for the seller.
- Park Crescent House #2: Acquired in February 2022 for $11.2 million, located just a few doors down.
- Arakoon Crescent Mansion: Purchased for $21.5 million, among the priciest ever Sunshine Beach transactions in the 2021–2022 season.
- Webb House on Webb Road: Rumored to have changed hands for $34 million, making it one of Queensland’s highest-recorded residential sales in history.
Each of these homes offers direct beach access and/or sweeping ocean views. From modern mansions with DA approvals to expansive lots conducive to future redevelopment, these Noosa-area purchases highlight her strong inclination toward both luxury living and strategic land banking along Australia’s most in-demand coastal strips.
Agricultural Empire of Cattle Stations
Price: Up to $386.5 million (for S. Kidman & Co purchase)
Size: Millions of hectares across QLD, WA, NT, SA
Dates: 2016 onward
Property for Gina Rinehart is about a lot more than just luxury homes; her agricultural holdings represent a cornerstone of her $34 billion-plus fortune. Through Hancock Prospecting, she has quietly acquired or partnered in the purchase of numerous cattle stations across Australia, sometimes measuring in the hundreds of thousands of hectares each.
One of Rinehart’s most notable deals was buying back S. Kidman & Co — an iconic cattle pastoral empire with nearly 4 million hectares of land — in a $386.5 million joint transaction alongside Shanghai CRED. The purchase effectively doubled her number of stations from around 10 to 21 overnight. Since then, she sold off about 2.4 million hectares for around $200 million, showing a shrewd ability to buy and then offload portions as part of a wider real estate strategy.
Stations frequently cited include but are definitely not limited to:
- A 918,000-hectare property in Queensland’s Channel Country (baseline unimproved value soared from $14m to $54m in just 12 months).
- A 400,000-hectare station in Fitzroy Crossing, WA.
- A 384,451-hectare holding in the Pilbara — ground zero for her iron ore empire.
- About 1.5 million hectares of Queensland farmland under S. Kidman & Co, spread across a dozen properties.
Smaller (by Rinehart’s standards…) but still notable is Chrome Park in Victoria, a 511-hectare farm purchased for $8.6 million, known for commercial livestock, fodder production, and award-winning Australian stock horses.
For Rinehart, owning large tracts of farmland dovetails neatly with her background in resource extraction and her interest in agribusiness. Having direct access to ports, optimising animal welfare logistics, and diversifying her portfolio are all part of a very savvy long-term vision for her wealth.
Holdings in Transition
It’s worth noting that Rinehart’s approach to property is dynamic. Just as she routinely expands her farmland or city holdings, she also sells down parcels to recalibrate her investments. For instance, after the S. Kidman & Co. deal, she offloaded multiple cattle stations covering hundreds of thousands of hectares. In Queensland’s Sunshine Beach, she purchased multiple waterfront homes in the space of a few months, possibly with a view to reconfiguring or consolidating them later.
This means that her real estate holdings are ultimately very fluid. Nevertheless, the crown jewels remain intact: her Dalkeith riverfront compound, the Hawthorne estate, and her major farmland holdings across multiple states. They represent not just prime Australian land but also Rinehart and her family’s long legacy, bridging the century-long between mining riches and real estate ventures.
Final Word
Gina Rinehart’s real estate story is ultimately one of scale and strategy. Whether inheriting historic mansions, purchasing farmland by the millions of hectares, or snapping up the most exclusive beach houses in Queensland, she is evidently enacting a vision vast in scope.
Behind the headlines about skyrocketing cattle station valuations and high-end suburban expansions lies the broader narrative of a woman who turned her family’s mining legacy into a diversified powerhouse. While some billionaires focus on minimalism or making a splash in high-tech new industries, Gina Rinehart has chosen to entwine her fortunes with the land beneath her feet, and on a scale few can match.
Far from merely collecting luxury homes, she is building upon her family’s heritage and shaping her own in the process… one massive property at a time.
