Jun 3, 2026 – 4.28pmProminent Melbourne property developer David Deague and his wife Kristene, have listed their Toorak home with a price guide of $30 million to $33 million, as the pair wind down their Melbourne commitments to split their time between a newly acquired penthouse in the same suburb and their Sorrento compound.David Deague, chairman of the family’s building and development business, Deague Group, purchased the 1600-square-metre site as a block of land on blue-chip St Georges Road in 1996 for $1.59 million.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Deague family to sell $33m Toorak estate after buying $21m penthouse
The prominent Melbourne property developers have listed their family estate after 30 years and plan to split their time between the city and the beach.













