- Mining magnate Andrew “Twiggy” Forrest has built a diverse real estate empire that includes luxury mansions, pastoral stations and hospitality ventures.
- His portfolio features heritage properties in premium Western Australia suburbs and strategic farm acquisitions.
- Forest’s properties, valued at $22 billion, reflect passion and investment strategy.
For the world’s super-rich, collecting commemorative assets is not just a hobby – it is practically an obligation. Like the pioneering real estate empire of Australian mining magnate Gina Rinehart, Andrew “Twiggy” Forrestwhose fortune generates an astonishing amount $1.5 million per hourhas transformed the process of property acquisition from a mere display of wealth to an advanced category in strategic diversification and heritage preservation.
Forrest, founder of Fortescue Metals Group and one of Australia’s most prolific billionaires, earned the nickname “Twiggy” early in life as a playful reference to his then-thin build. While his mining interests laid the foundation for his estimates 22 billion dollars A fortune in US dollars, his real estate portfolio tells an equally compelling story of ambition, conservatism and strategic expansion. Many of these property prices are still unannounced. The ones we can find have a total value of $132 million, but we think it’s likely upwards of $250 million when you take into account those undisclosed properties.
Pine Lodge, Cottesloe
- price: Undeclared
- Purchase date: 2000
- location: 42 John Street, Cottesloe, Western Australia
Pine lodge It serves as the primary residence of the Forrest family, and embodies Western Australia’s rich architectural heritage. Although this heritage-listed home offers limited ocean views, except for its unique cupola, it embodies late 19th-century craftsmanship. This one-story brick home was built in 1896.
Reports indicate that Forrest has $2.5 million renovation plans for the property, which includes modern amenities like a garage with loft bedroom accommodations, a swimming pool, a media room, a wine cellar, and state-of-the-art athletic facilities — all designed to enhance historic integrity. To ownership, not to detract from it
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Tokoroa Mansion, Cottesloe
- price: 16 million dollars
- Purchase date: December 2015
- measuring: 5000 square meters
- location: Cottesloe, Western Australia
In December 2015, Forrest expanded his real estate portfolio by purchasing the iconic Tokoroa Mansion in Cottesloe for $16 million. This 19th-century limestone mansion has 21 rooms and sits on 5,000 square meters of beach front with clear ocean views all around.
Tokoroa underwent a restoration and development in 2019 to preserve its cultural essence while adding modern facilities. The billionaire is also planning some huge developments in the near future, such as interconnected suite-style buildings and an infinity pool overlooking the ocean.
Point Piper Waterfront, Sydney
- price: 16 million dollars
- measuring: 682 square meters
- Purchase date: 2018
- location: Sydney
Adding a fascinating dimension to Forrest’s portfolio, the agents describe this contemporary waterfront residence in Sydney’s ultra-exclusive Point Piper, which was purchased on the recommendation of his then wife, Nicola, and daughter, Sophia, as “very Beverly Hills – really cool and inviting.” coward.”
Boasting stunning views of Sydney Harbor and the iconic Harbor Bridge, this three-storey residence features a seamless integration of luxury and functionality. The main living area spans the full width of the property, opening onto a large, partially covered outdoor deck with stunning harbor views. A family room, master bedroom and two other rooms are located on the middle level, while the lower level has a three-car garage, a media room and a gym overlooking the pool.
The property’s sophisticated design is enhanced by luxurious materials throughout, featuring wide plank flooring and sandblasted limestone tiles in the stairs, bathrooms, exterior walls, decks and paving.
Le Fanu House, Cottesloe
- price: unknown
- Purchase date: 2022
- measuring: 1492 square meters
- location: Cottesloe, Western Australia
Le Fanu House represents perhaps Forrest’s most ambitious heritage preservation project to date. This 125-year-old residence, which embodies the architectural style of Queen Anne of the Union, carries a rich history that includes its acquisition by the Anglican Church in 1945 and its subsequent naming after Archbishop Henri Fruin-le-Fanu.
Set on a 1,492 square meter oceanside plot with impressive 36 meters of ocean frontage, Le Fanu was originally built as a single-storey, five-room holiday cottage for Henry Diggins Holmes, director of the Bank of Western Australia. The Forrest estate extends beyond the main property to include two adjacent parcels along Marine Parade, indicating potential future development.
Cape Lodge
- price: 10 million dollars
- measuring: 40 acres
- Purchase date: 2020
- location: Margaret River
Cape Lodge was purchased for $10 million in 2020. Along with the purchase came a 22-room hotel, which was part of the 40-acre estate and includes a private 8-acre winery, churning out Sauvignon Blanc and Shiraz. As an attractive tourist area, this property is located near one of the main wine producing areas near Margaret River.
Gaia Retreat & Spa
- price: 30 million dollars
- measuring: Not specified
- Purchase date: 2021
- location: Byron Bay
In 2021, Forest’s private investment group, Tattarang, purchased the iconic Gaia Retreat & Spa for approximately A$30 million. Partly owned by Olivia Newton-John, this luxurious health retreat is set amidst the lush outback near Byron Bay. With beautiful gardens set against pristine natural beauty, Gaia Retreat & Spa is one of the best known spas in Australia.
Mindero Station, Washington
- price:unknown (repurchase)
- measuring: 10,000 square kilometers
- Purchase date: 2009
- location: Pilbara region, Western Australia
Along with luxury homes, Forrest’s agricultural assets are one of the most important components of his real estate portfolio. At the heart of this agricultural vision lies Mindero Station In the Pilbara region of Western Australia – an estate deeply intertwined with the Forrest family heritage.
Mindero Station, a sprawling 10,000-square-kilometre estate and Forrest’s original family estate, became a story of loss and redemption when drought and mounting debts forced Forrest’s father to sell it in 1998. However, in 2009, Forrest made an emotional return to his roots and bought back real estate and start the ambitious agricultural expansion.
After the acquisition of Mindero, Forrest continued to ensure the gradual development of his pastoral empire. In 2014, he purchased the neighboring Nanotara and Oro stations, expanding his Pilbara region. In August 2015, his agricultural footprint expanded further as he purchased Brick House and Minilya Stations for $10 million.
Mora area, River Hill and New Norcia Farms
- price:> $50 million (combined)
- measuring: 17,500 hectares
- Purchase date: 2018-2021
- location: Western Australia
The farm continues to expand. Forrest purchased Mora District Farms in 2018 for approximately $10 million, a strategic purchase comprising four properties covering 4,500 hectares. Under his company Harvest Road, these farms are designated to be developed into a state-of-the-art livestock facility focusing on sheep grazing and cattle fattening operations.
In October 2020, Forrest acquired two premium grazing properties in the Hill River region, adding approximately 5,100 hectares to its portfolio. In late 2021, Forrest’s agricultural arm, Harvest Road, purchased the historic New Norcia Ranch for $40 million. This 7,975 hectare property is located 130 kilometers north of Perth.
Balfour Downs
- price: unknown
- measuring: 634,000 hectares
- Purchase date: February 2022
- location: Western Australia
The Forest empire reached new heights in February 2022, with the acquisition of… Balfour Downsa 634,000 hectare estate which expanded his agricultural holdings to nearly 2 million hectares and consolidated his position as one of Australia’s largest landowners.
Philanthropy through ownership
However, what sets Forrest’s real estate empire apart from others is not its size or diversity, but rather how it connects to his philanthropic mission through… Mindero Foundation. As signatories to Give the pledge Since 2013, Andrew Forrest has pledged to allocate the majority of their wealth – including the proceeds from their real estate investments to charitable causes ranging from education, indigenous welfare, medical research and environmental conservation.
From heritage mansions in Cottesloe to expansive pastoral stations in the Pilbara, Andrew Forrest’s property portfolio reflects a sophisticated approach to wealth management that goes beyond mere acquisitions.
