Former JB-Hi-Fi owner Richard Bouris and his wife Alison have sold their waterfront Brighton home for $25 million in an off-market sale by JP Dixon Real Estate.
Sales records show that Bouris had purchased the property in 2005 for $4.65 million. The property consists of a three-bedroom floorplan and looks out to Port Phillip Bay.
Bouris has been known for his high-price property sales in the past, collecting $11 million from neighbouring Portsea homes at 16 and 17 Paringa Rd in 2020, and selling a Rye beach box for $380,000.
Bouris co-purchased JB-Hi-Fi in 1983 from founder John Barbuto and helped grow it from a local store into a national chain, later selling a majority stake in 2000 after playing a key role in its expansion. The retailer has since become one of Australia’s most successful, reporting $10.55 billion in sales in 2025.
Source: Real Estate
