Landmark White House in Bright boasts some of the best views in Victoria


A landmark hilltop home that hides a secret wine cellar, an in-ground trampoline and a sparkling swimming pool captures some of the best views in Victoria.

Known as the ‘White House’, the sprawling five-bedroom mansion was built over the course of two years on a alpine slope overlooking the resort town of Bright, 323km north of Melbourne.

Split over two levels, the house on a 2,600sqm block was designed to make the most of its 200-degree panorama across the surrounding mountains – and its unrivalled vistas could soon reset the region’s house price record if it fetches its $3.45 million asking price.

With Australian property prices soaring at the fastest pace since the late 1980s, the owner has decided to cash in as demand surges for lavish homes in tourist hotspots a short drive from a capital city. 

This landmark hilltop home that hides a secret wine cellar, an in-ground trampoline and a sparkling swimming pool captures some of the best views in Victoria

Known as the 'White House', the sprawling five-bedroom mansion was built over the course of two years on a alpine slope overlooking the resort town of Bright, 323km north of Melbourne

Known as the ‘White House’, the sprawling five-bedroom mansion was built over the course of two years on a alpine slope overlooking the resort town of Bright, 323km north of Melbourne

Dickens Real Estate director Gerard Gray believes the house is certain to cement itself in local history. 

‘It will smash that record, which we only set this year,’ Mr Gray told Daily Mail Australia.

The current benchmark is the $2.25m paid for a five-bedroom on Lowen Drive in June, paving the way for the hillside pad to top it by more than $1m. 

‘It’s the best house in the best spot,’ Mr Gray added.

As if the views aren’t enough, the house boasts every imaginable luxury including two open-plan living spaces and a dining area beneath ornamental lighting and a soaring truss ceiling. 

The house boasts every imaginable luxury including two open-plan living spaces and a dining area beneath ornamental lighting and a soaring truss ceiling

The house boasts every imaginable luxury including two open-plan living spaces and a dining area beneath ornamental lighting and a soaring truss ceiling

Split over two levels, the house on a 2,600sqm block was designed to make the most of its 200-degree panorama across the surrounding mountains

Split over two levels, the house on a 2,600sqm block was designed to make the most of its 200-degree panorama across the surrounding mountains

One of the standout features is a walk-in wardrobe with a chandelier (pictured)

One of the standout features is a walk-in wardrobe with a chandelier (pictured)

The house contains five bedrooms (one pictured) and two resort-style bathrooms

Real estate agent Gerard Gray describes it as the 'best house in the best spot'

The house contains five bedrooms (one pictured) and two resort-style bathrooms

The kitchen is kitted out with premium stone benchtops, as well as a butler’s pantry and a ‘secret’ wine room hidden under the stairs.

Other standout features include a library nook with a window seat, two resort-style bathrooms, and a master suite complete with a mirrored walk-in wardrobe, a chandelier and a private balcony. 

There’s also a four-car garage, a drying cupboard for skiwear, ducted heating and cooling, a sewing room and a mud room.

The realtor said the past year has been the ‘busiest’ of his 20-year career, with agents inundated with offers and requests for one-off homes.

‘Essentially it’s been 12 months of craziness,’ he said.

‘It’s been the busiest year I’ve experienced and I’ve been at this 20 years.’

The kitchen is kitted out with premium stone benchtops, as well as a butler's pantry and a wine room hidden under the stairs

The kitchen is kitted out with premium stone benchtops, as well as a butler’s pantry and a wine room hidden under the stairs

The houunrivalled vistas could soon reset the regis house price record if it fetches its $3.45 million asking price.

The unrivalled vistas could soon reset the region’s house price record if the house fetches its $3.45 million asking price

The current benchmark is the $2.25m paid for a five-bedroom on Lowen Drive in June

That paves the way for the hillside pad to top it by more than $1m

The current benchmark is the $2.25m paid for a five-bedroom on Lowen Drive in June, paving the way for the hillside pad to top it by more than $1m

The terrace looks directly out over the alpine resort town of Bright

The terrace looks directly out over the alpine resort town of Bright

Mr Gray believes the unprecedented demand is being driven by remote working arrangements which obviate the need for professionals to live in major cities.

‘Bright has always been popular for holiday homes and the like, but these days it’s just mental,’ he said.

‘Holiday homes have become almost pseudo homes because people have more flexibility with work. They can come for four or five days at a time rather than a weekend.’

Australia-wide there has been a 20.3 per cent annual increase in property prices, the sharpest since July 1989 when interest rates were at a now-unimaginable 17 per cent.

Sydney’s Northern Beaches had a 37.2 per cent annual increase with the Richmond-Tweed area of northern New South Wales – including Byron Bay – climbing by 30.8 per cent, outdoing Greater Sydney’s 26 per cent rise.

Realtor Gerard Gray believes the unprecedented demand for houses like this is being driven by remote working arrangements which obviate the need for professionals to live in major cities

Realtor Gerard Gray believes the unprecedented demand for houses like this is being driven by remote working arrangements which obviate the need for professionals to live in major cities

The spectacular pad (pictured) is on the market for $3.45million

The spectacular pad (pictured) is on the market for $3.45million

Record-low interest rates saw house price records set in 88 per cent of Australia’s real estate markets, with regional areas by the coast doing even better than capital cities as more professionals began to work from home, obviating the need to live in major cities.

In August, house prices hit new peaks in 69 of Australia’s 78 property sub-markets based on a grouping of suburbs and towns.

Detached homes with gardens are in particularly high demand, which means the number of them on the market has plummeted.

But finance experts warn prices in suburban areas could crash by 20 per cent while apartment values may plunge by up to a third when the boom inevitably ends.

Aussie Home Loans founder John Symond said he fears prices have moved ‘too far, too fast’, calling them ‘insane’.

A 20 per cent drop in some suburbs would see Sydney’s median house price plunge by $258,690, from a record high $1.293million, while a similar catastrophe in Melbourne would see prices fall by $190,900, from $954,496. 

Read more at DailyMail.co.uk