Former casino executive John Alexander relists a home in Australia’s Southern Highlands for $26 million, after initially listing it for more than $40 million, according to multiple outlets. The property is being marketed again as the owners plan to sell their current residence and move to another home they own overseas.

All reports say the sellers intend to relocate to a residence they own in Italy. The relisting follows an earlier attempt to place the property at a substantially higher price, suggesting a change in pricing as the campaign continues. The articles describe the move as part of the owners’ broader plans rather than as a response to any specific incident at the property.

While the outlets share the same core details—Alexander’s name, the Southern Highlands location, and the new $26 million asking price—coverage differs mainly in emphasis and framing. Each source independently reports the earlier listing price was above $40 million and that the owners’ next home is in Italy.