18 January, 2026
nicole-kidman-sells-sydney-apartment-for-record-8-5-million

Nicole Kidman has sold her apartment in Sydney’s Milsons Point for a record-breaking $8.5 million. The sale comes in the wake of her recent divorce from fellow musician Keith Urban. The three-bedroom apartment is located on the 15th floor of the Latitude complex, which boasts stunning views of the Sydney Harbour Bridge and the Opera House.

Kidman acquired the apartment for $7.725 million in 2023. The sale marks the latest in a series of transactions for the actress, who has owned six apartments in the Latitude complex since her first purchase in 2009. The buyer, David Madson, is a noted winemaker, and the sale took place in mid-September 2025 as Kidman and Urban were finalizing their divorce.

Details of the Sale and Property Holdings

The sale, which was previously unreported, highlights Kidman’s discreet handling of her real estate, as the properties are held under various shelf companies directed by her long-time friend Annette Rechner. Rechner grew up near Kidman’s family in Lane Cove, adding a personal touch to the transactions.

After purchasing her first unit in the complex for $6 million, Kidman has steadily expanded her holdings, acquiring additional properties over the years. The recently sold apartment is the sixth in the building, setting a new record for the complex.

Despite the recent sale, there have been no further reports of property transactions since Kidman and Urban finalized their divorce. Court records indicate that each party will retain ownership of their individual properties, which were acquired through trusts or limited liability companies.

Life After Divorce and Future Prospects

Following their separation, Kidman has chosen to remain in their Nashville residence to ensure stability for their two daughters, for whom she has primary custody. Urban maintains a visitation schedule, which was established in late August. The couple’s divorce became public in September 2025, with speculation suggesting they had begun living apart earlier that summer, although they acknowledged their 19th wedding anniversary on social media in late June.

As for Urban, reports indicate that he has moved in with his new girlfriend, country singer Karley Scott Collins, 26, shortly after the divorce was finalized. According to the New York Post, the relationship is serious, although there is no indication of any infidelity during his marriage to Kidman.

This recent sale not only highlights Kidman’s continued success in the real estate market but also reflects the personal changes she has navigated in recent months. With her record sale, she has secured a significant financial windfall that will likely play a role in her future endeavors.