Photo by John Appleyard

The priciest house in Australia has a $60 million price tag. This eye-watering mansion in Sydney that can be compared to a size of a hotel comes with three vast levels and measures internally for about 2000 square metres. It has a total of nine bedrooms and some 10 bathrooms.

Its shocking Australian house price will set the biggest house price record ever listed in the list of residential real estates of the country. The Vaucluse property found at 6 Carrara Road is owned by a consultant of a certain international bank by the name of Andrew Ipkendanz who studied in a school in Sydney but now resides in London.

Even if the property is still up for completion, its price record sits unbeatable as real estate agent Bill Bridges from Ballard Property attests that many potential buyers have already showed interest. The agent added that it is mostly the Asian buyers who are willing to take on the huge Australia house price tag.

After about three to four months of completion, Mr Bridges said the property will certainly look even better than the Altona property in Sydney which is included in the list of the most expensive homes in Australia. Its Australian house price is at $54 million. It has eight bedrooms and located on Wunulla Road, Point Piper. It stayed on and off the market for a span of three years until it was sold last May for its Australia house price tag.

Now the $60 million property of Mr Ipkendanz only started with being a pair of large blocks in 1997 which he bought for $6.1 million. It's believed to have cost him $20 million to construct.

For all possible new owners of this property, you will be in the same neighborhood with Aussie businessman James Packer and hotelier Justin Hemmes. It is close to Sydney's panoramic views of the harbor with other amazing parks that surround it.

However, other experts of the real estate industry do not believe it will be bought for its absurd asking Australia house price. Now just because it is not finished yet but because they believe it is not located in a prestigious street or suburb location.