It's done! Karl Stefanovic and Cassandra Thorburn finalise divorce settlement as journalist keeps the former couple's $8 million waterfront Sydney property By Daily Mail Australia Reporter Published: 11:33 GMT, 23 March 2019 | Updated: 12:16 GMT, 23 March 2019 Viewcomments Former Today show host Karl Stefanovic, 44, and ex-wife Cassandra Thorburn, 47, have finalised their divorce settlement. On Saturday, two-and-a-half years after the couple announced the end of their marriage in September 2016, the Telegraph reported the outcome of their split. According to the publication, the mother-of-three walked away with the former couple's $8 million waterfront Cremorne property on Sydney's North Shore. It's finally done! Karl Stefanovic and Cassandra Thorburn finalise divorce settlement as journalist keeps the former couple's $8 million waterfront Sydney property It is understood the ex-Today show host, who married Jasmine Yarbrough in a lavish Mexican ceremony in December - never lived in the palatial mansion. The Telegraph claims Cassandra 'moved in with the couple's three children in mid-2017 following the sale of the family home in Lindfield for $3.8 million'. The settlement regarding additional joint assets including 'three parcels of shares' in luxury Bali bar and resort Mrs Sippy, are said to be unknown. How the other half live: It is understood the ex-Today show host never lived in the palatial mansion on Sydney's North Shore It comes after reports Karl Stefanovic is 'paying $35,000 a month' to Cassandra. In June, The Herald Sun made the claim in an article about the Nine star paying his former wife $420,000 a year, equating to payments of $35,000 a month. Meanwhile, the Dancing With The Stars contestant announced earlier this month she would be joining Studio 10 as a regular guest. The settlement regarding additional joint assets including 'three parcels of shares' in luxury Bali bar and resort Mrs Sippy (pictured), are said to be unknown 'I'll be working with Studio 10 on a more regular guest basis so that will be great,' the journalist told Yahoo Lifestyle. 'It's great and opens the opinions of more experienced women, I guess, that are around my ilk,' she added. Cass and Karl share three children - Jackson, 19, River 12, and Ava, 13. Lavish: Karl married Jasmine Yarbrough in a Mexican ceremony in December Read more: Share or comment on this article: All rights reserved for this news site dailymail and under his responsibility