Seek co-founder to find new owner for $11 million Sydney residence
Paul Bassat, co-founder of Seek, and his wife, Sharon, are selling their Sydney residence for $11 million. They purchased the property in 2022 for $10.25 million and have used it as a summer holiday house. The home features luxurious interiors and is located near the surf, with an auction scheduled for June 16.
- ▪The Bassats bought the two-storey designer residence for $10.25 million in 2022.
- ▪The property includes a mosaic-tiled pool, terrace, and lawn for relaxation.
- ▪An auction for the home is set for June 16, with agents from PPD Real Estate handling the sale.
Sydney Morning Herald publishes from Australia and files mainly under world. We currently carry 3,596 of its stories.
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Record
| Original publisher | The Sydney Morning Herald |
| Canonical URL | https://www.smh.com.au/property/news/seek-co-founder-to-find-new-owner-for-11-million-sydney-residence-20260518-p5zy8w.html?ref=rss&utm_medium=rss&utm_source=rss_feed |
| Publication time | Sun, 24 May 2026 05:00:00 +1000 |
| Retrieval time | 2026-05-23T19:02:27.583Z |
| Last seen | 2026-05-23T19:02:27.583Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | uSKp6-1oYWM0 |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-05-23T19:00:00Z","datePublished":"2026-05-23T19:00:00Z","description":"Paul Bassat, the co-founder of Seek, and his wife, Sharon, are primarily based in Melbourne and are offloading their Sydney residence.","headline":"Seek co-founder to find new owner for $11 million Sydney residence","keywords":"Title Deeds, For subscribers, Property market, Sales, NSW residential property, Just in SMH, Luxury property","author":[{"@type":"Person","name":"Kristy Johnson","jobTitle":"Sydney Prestige Property…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.