Open for inspection: Australia's best luxury homes currently on the market

Whether you're in the market for a high-end home, or just like to dream, there are plenty of grand houses and exclusive estates currently on the market across Australia.

From a reimagined Edwardian in East Melbourne to a beachfront masterpiece in Wamberal, these are the best luxury homes on the market.

View Living Senior Reporter, January Jones gives her pick of the property listings.

Victoria: A reimagined Edwardian in East Melbourne

Located on Wellington St, East Melbourne, 'Redcourt' is a meticulously reimagined Edwardian in a blue chip area. Redesigned by Multiplicity, the grand home is set on a 527-square-metre site within the "exclusive 'Jolimont Square' gated community".

Surrounded by mature gardens, the three-bedroom home features three bathrooms, elegant period details, an open-plan kitchen, living and dining area, multiple retreats and a home study space.

For buyers keen on a two-for-one deal, the 153-square-metre vacant block next door is available for sale too. This has its own title and, as stated in the listing, comes "with plans for a new residence designed by boutique practice Wolveridge Architects."

New South Wales: A beachfront masterpiece in Wamberal

Architecturally-designed and positioned on the shores of Wamberal Beach, this home offers buyers a chance to have it all. Designed by architects White + Dickson, the grand six-bedroom property reimagines what modern coastal living looks like.

Wellness lovers out there will love what this home has to offer. There's a private gym with underfloor heating, a steam shower ensuite, heated spa, and a geothermal-heated pool with Olympic-grade swim jets.

As well as six bedrooms, the home features seven bathrooms, four-car garage, media room, wine cellar, Teppanyaki BBQ and custom surfboard storage.

Queensland: Canal living at its finest in Pelican Waters

Want to wake up every morning and gaze out at the water? Well this is the property for you. Set on a 1121-square-metre corner block in Pelican Waters, this home features 62.7 metres of canal frontage.

Spread over two floors, the property includes a master bedroom on the first floor with walk-in-robe with ensuite and balcony. Downstairs are an additional three bedrooms with built-in-robes, media room and open-plan kitchen, living and dining area.

Outside, the property offers an alfresco dining area, private pontoon for boating or fishing, swimming pool, and a three-car garage.

Tasmania: A landmark estate in East Launceston

Built circa 1830, 'Hatherley House' is a Tuscan-Italianate property located in the heart of East Launceston. The elegant facade is somewhat of an icon in the Tasmanian city and represents a piece of historical significance.

The eight-bedroom mansion has been lovingly restored and modernised with careful attention paid to restoring original period details. The property features seven bathrooms, formal and informal spaces, gallery and thoroughly modernised kitchen.

Set on 2,000-square-metres of landscaped gardens, the grounds include multiple areas for alfresco entertaining, a secure garage and a private studio with a gym, office, and bathroom.

South Australia: A grand entertainer in Toorak Gardens

Offering "country estate vibes", this Toorak Gardens home is the ultimate entertainer. Built circa 1925, the California Bungalow is set on a sweeping 1596-square-metres of landscaped grounds with a tennis court and swimming pool.

The five-bedroom home features four bathrooms, modern extension, open-plan living and fully-equipped kitchen. Also on the property is a self-contained granny flat for buyers keen on hosting guests or multigenerational living.

Western Australia: Luxury and location in Dalkeith

Built in 2018, this luxury home in Dalkeith offers grand European style in a prime location. Set behind wrought iron gates, the five-bedroom home features four bathrooms, formal and informal living rooms, central kitchen, ground floor guest suite and wine room.

Step outside and enjoy the Western Australian weather by taking a dip in the swimming pool, entertaining in the alfresco area, or enjoying a morning coffee in the courtyard.