1st. Oldfield and Costello families: 7.2 million hectares In early 2022, their joint venture Crown Point Pastoral Company purchased 3.26 million hectares from Gina Rinehart's portfolio. This purchase bumped up their landholding to 7.2 million hectares, making them Australia's official largest landowners.
Australia's biggest private landowners, pastoralists Donny and Colleen Costello and their equity partner, former racing horse trainer Viv Oldfield, have extended their vast cattle station empire to more than 9.2 million hectares, after acquiring Mount Doreen Station in the Northern Territory for around $70 million.
The largest landowner in the world currently is King Charles III of England. How much land does the Royal Family own? He and the British Royal Family own more than 6,600,000,000 acres of land around the world. They technically own many territories around the globe, amounting to 1/6 of the surface of the planet.
According to The Wealth Report, the US has the highest number of residents who own property in Australia than any other country bar one.
Using the ABS measure of total agricultural land area in Australia, the estimated proportion of agricultural land with a level of foreign ownership at 30 June 2020 is 13.8%.
Currently, 14.1 per cent of Australia's agricultural land is foreign owned, and China is the largest foreign owner (2.3 per cent). China is also the third-largest stakeholder of Australian water behind Canada and the US, owning 604 gigalitres or 1.5 per cent of the total Australian water entitlement.
Aboriginal and Torres Strait Islander peoples have occupied the lands and waters of Australia for millennia. Since the beginning of colonisation, Australia's First peoples have defended their lands and waters and asserted their rights to their homelands.
In contrast, the majority of commercial properties in Australia are freehold, which means buyers can sit on them forever if they have the financial capacity to do so. Because this is the opposite in China, Chinese investors find the Australian market very attractive to purchase land.
According to The Wealth Report 2023, the UK has the highest number of residents who own a multimillion dollar property in Australia, followed by the US.
The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.
#1 Queen Elizabeth II
With her 6.6 billion acres, Elizabeth II is far and away the world's largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen.
Atlassian's Scott Farquhar now owns the most expensive house in Australia and therefore the richest house as well.
Description. Anna Creek Station has an area of 23,677 km2 (9,142 sq mi; 5,851,000 acres) which is slightly larger than Israel. It is 8,000 km2 (2,000,000 acres; 3,100 sq mi) larger than its nearest rival, Alexandria Station in the country's Northern Territory.
But the reality is that foreign buyers only account for around 1 per cent of total transactions in the Aussie property market and 4.6 per cent of new development purchases, so their impact is limited.
Australia's property market is considered to be among the most expensive in the world, with Sydney and Melbourne regularly featuring among the list of least affordable housing markets, along with some US and Canadian cities. One measure of affordability is the household debt-to-income ratio.
Australia is China's sixth largest trading partner; it is China's fifth biggest supplier of imports and its tenth biggest customer for exports. Twenty-five per cent of Australia's manufactured imports come from China; 13% of its exports are thermal coal to China. A two-way investment relationship is also developing.
Proportion of all land that is Indigenous owned or controlled. Nationally as at June 2022, 16.1 per cent of Australia's land area was owned or controlled by Aboriginal and Torres Strait Islander people. This is unchanged from the same time in the previous two years (June 2020 and 2021) (figure SE15a. 1).
Generally, no. Only vacant Crown land may be subject to a native title claim. Freehold land, which is almost all private property, is not subject to native title claims even if Aboriginal places are present.
Despite their vast property holdings, the royal family no longer own properties outside the United Kingdom. The furthest the royal family's land holdings extend is 12 nautical miles off the UK coast.
China's Luye Medical bought hospital operator Healthe Care and now owns 34 hospitals across Australia, making it the third largest operator in the country.
Which economies invest in Australia? The United States and United Kingdom are the biggest investors in Australia, followed by Belgium, Japan and Singapore.
China's biggest airline presently owns half of Merredin Aerodrome and may soon own the entire airport, despite recently shutting down its pilot training school because of safety concerns. Anyone wishing to land at this airport must obtain permission from China Southern.