Stephen Nicholls, Property Journalist
First published 12 Nov 2026, 11:51am
Price expectations for 51 Olola Ave, Vaucluse have dropped to $15m for a December 5 auction.
Aussie cricket great Michael Clarke’s Vaucluse mansion, for sale for almost a year, now has a new agent, fresh imagery and an attractive new price guide for a December auction.
There were hopes of more than $20m when the former Test captain first listed the Mediterranean five-bedroom residence in Olola Ave , soon after he purchased a six-bedroom home with a tennis court in nearby Hopetoun Ave for $19.85m.
But now his former home has appeared on realestate.com.au with Biller Property principal Paul Biller and his sidekick, Ben Torban, with a December 5 auction date.
Inside Hugh Jackman’s $15m lovenest
Former Australian cricketer Michael Clarke. Photo by Mark Kolbe/Getty Images.
The new imagery shows off the impressive home.
Neither agents could be reached to confirm it, but reliable sources advise the guide is $15m.
The drop of more than $5m is substantial — 25 per cent — but it’s not as much as some others have had to cop. Celebrity gardener Jamie Durie, for instance, has lowered expectations on his Avalon Beach property by $15m — from $33m to $18m for a forthcoming auction, a drop of more than 45 per cent.
Clarkey had done a reno on the Olola Ave ranch, which he’d bought for $13.01m in 2021, having sold the home he’d owned with his ex-wife Kyly Clarke for $12m earlier that year.
Frustratingly for him, it’s understood that the property was very close to selling earlier in the year for about $20m.
The home is designed for an indoor-outdoor lifestyle.
And the new imagery shows a very impressive three-level home, with
beautifully appointed formal and informal living spaces and a gourmet kitchen with premium ILVE and Miele appliances.
On a 784sqm block, the residence is designed for an indoor-outdoor lifestyle, with a resort-style heated swimming pool and alfresco entertainment spaces.
There’s a dedicated home cinema, study and a luxurious master suite with ensuite, walk-in robe and private terrace.
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