Scott Farquhar’s Real Estate Empire Of Record-Breaking Mansions And Billion-Dollar Skyscrapers

• Atlassian co-founder Scott Farquhar owns some of Australia’s most iconic properties, including the record-breaking $130 million Uig Lodge.
• Farquhar’s property portfolio includes a planned $1 billion hybrid timber Atlassian Tower in Sydney.
• Farquhar sold his historic Elaine Estate in October 2024 for $130 million.

While tech moguls like Jeff Bezos and Larry Ellison gravitate toward flashy estates and luxury superyachts, Australian billionaire and Atlassian co-founder Scott Farquhar has curated a property portfolio that is simple yet elegant. From his historic harbour-front mansion to the revolutionary tech headquarters reshaping Sydney’s skyline, Farquhar’s real estate footprint tells the story of a businessman who values heritage as much as innovation.

Uig Lodge, Sydney

• Price: $130 million (record-breaking purchase)
• Date of Purchase: 2022
• Size: 3,3000 Square meters
• Location: Sydney

At the heart of Farquhar’s portfolio is the acquisition of Uig Lodge, which he bought in 2022 for a record $130 million, making it Australia’s most expensive home at the time of its purchase. This Scottish baronial castle, amply perched in Sydney’s exclusive Point Piper suburb, illustrates Farquhar’s appreciation for architectural heritage.

The four-bedroom historic mansion at 29 Wentworth Street commands some of Sydney’s most prestigious views. From one of Point Piper’s highest vantage points, it overlooks the Harbor Bridge and Opera House. The early 1900s estate covers approximately 3,300 square meters with expansive gardens, multiple entertainment areas, a formal living room with marble floors, and meticulously preserved heritage-listed architectural details.

Bellevue Hill Residence

• Price: $16.25 million
• Date of Purchase: 2022
• Size: Unspecified
• Location: Sydney

The Bellevue Hill Residence, which Farquhar bought in 2018 for $16.25 million, is another aspect of his architectural preferences. This six-bedroom sanctuary is a blend of Mediterranean design and modern luxury, featuring lush landscaped gardens and a Peter Glass-designed pool that beautifully captures the soft curves and airy spaces of the property.

Farquhar and his wife, Kim Jackson, have carefully renovated the interiors to enhance the inherent charm of the home while introducing contemporary comforts.

Avoca Beach Property

• Price: $10.85 million
• Date of Purchase: 2022
• Size: 556 Square meters
• Location: Central Coast, New South Wales

Farquhar’s coastal retreat at Avoca Beach, purchased for $10.85 million in August 2022, showcases his eye for waterfront luxury. The 556-square-meter beachfront property features five bedrooms and presents a contemporary interpretation of the traditional Queenslander style.

Complete with manicured lawns, a swimming pool, and a stone firepit overlooking the ocean, this acquisition set a new record for Central Coast beachfront properties. The property, interestingly, mirrors the specifications of his first major real estate purchase as a 30-year-old in 2010 when he acquired another North Avoca property for $3.57 million.

Elaine Estate

• Price: Sold for $130 million
• Date of Purchase: 2017
• Size: 7,000 Square meters
• Location: Sydney

The story of Elaine, though no longer part of his portfolio, illustrates Farquhar’s smart investment in property. This historic Point Piper estate, purchased in 2017 for $75 million, was one of Sydney’s most significant residential sales. Originally built in 1863 and owned by the Fairfax family since 1891, the property featured seven bedrooms, five bathrooms, stables, and direct access to Seven Shillings Beach.

Although Farquhar’s planned $30 million renovation never materialized, he was able to sell the property in October 2024 for $130 million, another record sale. The Elaine estate notably neighbours a 1.12-hectare property owned by Mike Cannon-Brookes, Farquhar’s Atlassian co-founder.

Atlassian Central

Price: Estimated $1 billion (development project)
Size: 75,000 Square meter
Date of Completion: 2027 (Planned)

Perhaps most emblematic of Farquhar’s forward-thinking approach is the ambitious Atlassian Central project — a groundbreaking $1 billion venture, developed alongside Cannon-Brookes. Set to be completed in 2027, this 40-story structure is poised to become Sydney’s tallest hybrid timber tower.

The building will feature around 75,000 square meters of gross floor area, including retail spaces and 137 rooms of YHA accommodation. This building is more than an Atlassian Headquarters; it has pioneering biophilic design elements, low-carbon construction materials, and renewable energy systems that promote sustainable urban development.

Farquhar’s real estate portfolio tells a story of balancing history and innovation — from restoring century-old mansions to pioneering sustainable architecture that integrates nature into urban spaces. As co-founder of Atlassian, he has cemented his standing in the technology industry, but his passion for real estate establishes his commitment to leaving a mark way beyond business.