Ray Martin has purchased a new $4.25million pad on Sydney’s north shore after selling his old family home of 35 years last month.
Located in sought after Cammeray, 5km from the CBD, the new ultra-modern two-storey spread features four bedrooms and two bathrooms.
According to the sales listing, Martin bought the property at auction last August.
The 80-year-old, who won five Gold Logies, sold his old five-bedroom, three-bathroom mansion in nearby Waverton for a reported $8million.
Martin and his wife Dianne purchased the luxurious 1930s-era house in 1990 for $900,000.
The former 60 Minutes star’s new home is a ‘downsize’ for the famed journalist, reports The Daily Telegraph.
![Ray Martin ‘downsizes’ after selling his mansion for million and snaps up a .25million new pad on Sydney’s north shore Ray Martin ‘downsizes’ after selling his mansion for million and snaps up a .25million new pad on Sydney’s north shore](https://i.dailymail.co.uk/1s/2025/02/11/04/95078393-14383221-Ray_Martin_has_splurged_4_25million_on_a_chic_pad_on_Sydney_s_no-a-6_1739248337339.jpg)
Ray Martin has purchased a new $4.25million pad on Sydney ‘s north shore after selling his old family home of 35 years last month
![Ray Martin 'downsizes' after selling his mansion for $8million and snaps up a $4.25million new pad on Sydney's north shore 2 Located in sought after Cammeray, 5km from the CBD, the new ultra-modern two-storey spread features four bedrooms and two bathrooms](https://i.dailymail.co.uk/1s/2025/02/11/04/95078403-14383221-image-a-48_1739247596216.jpg)
Located in sought after Cammeray, 5km from the CBD, the new ultra-modern two-storey spread features four bedrooms and two bathrooms
![Ray Martin 'downsizes' after selling his mansion for $8million and snaps up a $4.25million new pad on Sydney's north shore 3 The layout offers an open-plan design, including a combined living and dining area which features a fireplace and entertainment zone](https://i.dailymail.co.uk/1s/2025/02/11/04/95078395-14383221-image-a-50_1739247620660.jpg)
The layout offers an open-plan design, including a combined living and dining area which features a fireplace and entertainment zone
Situated in leafy surrounds, the Cammeray pad boasts an al fresco ‘dining deck’ and a spa pool.
The layout offers an open-plan design, including a combined living and dining area which features a fireplace and entertainment zone.
Highlights include a spacious Calacatta stone kitchen with butler’s pantry.
There’s also a private purpose-built study and a ‘family’ room which is ready to be converted into a fifth bedroom.
Meanwhile, the enormous main bedroom occupies an entire corner of the first storey and features a skylight, lavish en suite and walk-in wardrobe.
Martin made a huge profit after selling the family home he owned on Sydney’s north shore for 35 years.
The beautiful property, known as Finisterre, sold for between $8million and $8.5million after being listed on January 1, reports The Daily Telegraph.
Agents withheld the price of the sale, which went to a buyer who made the offer ahead of a scheduled auction on January 15.
![Ray Martin 'downsizes' after selling his mansion for $8million and snaps up a $4.25million new pad on Sydney's north shore 4 It also boasts an al fresco 'dining deck' and a spa pool](https://i.dailymail.co.uk/1s/2025/02/11/04/95078397-14383221-Situated_in_leafy_surrounds_the_Cammeray_pad_boasts_an_al_fresco-a-5_1739248337274.jpg)
It also boasts an al fresco ‘dining deck’ and a spa pool
![Ray Martin 'downsizes' after selling his mansion for $8million and snaps up a $4.25million new pad on Sydney's north shore 5 Pictured: One of four bedrooms](https://i.dailymail.co.uk/1s/2025/02/11/04/95078399-14383221-image-a-51_1739247629057.jpg)
Pictured: One of four bedrooms
Located in an upscale neighbourhood, a mere 5km from the CBD, the gorgeous two-storey house features classic period stylings and luxurious interiors.
It has grand scale living areas, a beautiful patio for entertaining and a glass-framed mosaic-tiled pool.
A chef’s kitchen boasts the latest appliances and a breakfast island.
Other highlights include a ‘formal’ living room, a separate family room, a home office and an open-plan dining area that opens out to the backyard and patio.
The upper level offers a large open terrace which features views of Sydney Harbour and the city skyline.
Also included in the main dwelling is a loft which can be used as a fifth bedroom.
Other luxury features on the estate also include a wine cellar, a second-floor study and landscaped gardens.
Martin, who began his career in journalism at the ABC in 1965, shot to fame in the 1970s as one of the original team of reporters for Channel Nine’s 60 Minutes.
![Ray Martin 'downsizes' after selling his mansion for $8million and snaps up a $4.25million new pad on Sydney's north shore 6 Martin made a huge profit after selling the family home he owned on Sydney's north shore for 35 years. The beautiful property, known as Finisterre, sold for between $8million and $8.5million after being listed on January 1, reports The Daily Telegraph](https://i.dailymail.co.uk/1s/2025/02/11/04/94414033-14383221-The_80_year_old_who_won_five_Gold_Logies_at_the_peak_of_his_star-a-52_1739247697339.jpg)
Martin made a huge profit after selling the family home he owned on Sydney’s north shore for 35 years. The beautiful property, known as Finisterre, sold for between $8million and $8.5million after being listed on January 1, reports The Daily Telegraph
He then hosted the popular Midday Show on Nine between 1985 and 1993.
Martin, who was known for his warm on-air style, won his first Gold Logie in 1987.
He took home the coveted prize four years in a row between 1993 and 1996.
The much-loved star made headlines after dramatically quitting his long-time ‘TV home’ at Nine in 2008 after budget cuts for the Sunday program.
In 2024, he hosted Ray Martin: The Last Goodbye, which explored various taboos surrounding death.
Martin, who has been married to wife Dianne for fifty years, said in a statement that statistically, he is only four years away from his own death.
The series investigated various funeral trends and rituals and will address some deep questions, including why people choose certain ceremonies, songs and resting places.
Last year, Martin insisted that he still has a lot of life left in him, as he grows older gracefully.
‘I’m never going to retire. David Attenborough is in his 90s and he’s my role model. He says you’ve got to keep doing what you love,’ he told Woman’s Day magazine.
However, he has admitted his former workaholic lifestyle prevented him from enjoying the important things in life and he was now correcting that mistake.
‘I lived in New York for 10 years as the ABC correspondent and I worked eight days a week. Yet I think of all the things I didn’t do and should have done,’ he said.
‘You’ve got forever to sleep, you’ve got to have a go.’
The esteemed TV host added that as he gets older he is more committed than ever to spending time with his children Jenna and Luke and two grandchildren.