Oscar-nominated actress Margot Robbie has purchased "Redwood," a $28 million ranch located in the Currumbin Valley of Queensland. The acquisition marks the most expensive residential sale in the state's history.
A $28 million record for Queensland residential sales
The purchase of the Redwood estate sets a new benchmark for the Queensland property market. As reported by the source, this $28 million transaction represents the most expensive residential sale ever recorded in the state. This level of investment highlights the significant impact that global entertainment wealth can have on local Australian luxury real estate markets.
High-value transactions of this magnitude often signal a shift in how ultra-high-net-worth individuals view regional Australian assets. While the Gold Coast is a known destination for luxury, a single residential sale of this scale elevates the profile of the Currumbin Valley as a premier location for international investment.
Seven acres and a ten-car garage at Redwood
The Redwood ranch offers an expansive lifestyle footprint on the Gold Coast. The six-bedroom, six-bathroom estate sits on seven acres of land and includes high-end amenities such as a swimming pool, a tennis court, and stables. The architecture emphasizes a modern aesthetic, utilizing extensive glass and balconies to integrate the home with its natural surroundings.
Beyond the primary living quarters, the estate features a garage capable of housing ten vehicles. For Robbie, the property represents a significant return to the landscape of her childhood. The actress has fondly recalled her upbringing in the area, even noting how she used to do her homework in a tree as a child.
The $1.4 billion Barbie effect on Robbie's wealth
Margot Robbie's ability to secure such a massive estate is directly linked to the unprecedented financial success of the Barbie movie. The 2023 film grossed $1.4 billion worldwide, and the report says Robbie earned an estimated $50 million from her starring role. This windfall has solidified her position as one of Hollywood's most powerful commercial forces.
Robbie's career trajectory has seen her move from the Australian television series Neighbours to major Hollywood productions like Mary Queen of Scots and Once Upon a Time in Hollywood. Her recent work also includes producing and starring in Wuthering Heights in 2024, further demonstrating her ability to translate creative success into significant capital.
Balancing a global lifestyle between LA, London, and the Gold Coast
Despite this major Australian investment, Robbie's lifestyle remains intensely international. she currently divides her time between Los Angeles, her London home in Notting Hill, and this new Queensland estate. She shares her life with her husband, Tom Ackerley, whom she met while filming Suite Francaise in 2013.
While the purchase is a homecoming, several questions remain regarding the actress's long-term residency. it is unclear how much time Robbie will actually spend at Redwood given her professional commmitments in the US and UK. furthermore, it remains to be seen if the estate will serve as a permanent family base for Robbie, Ackerley, and their son, or if it will function primarily as a seasonal retreat.
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