In Sydney’s eastern suburbs yet another hefty trophy deal has taken place with logistics boss Arthur Tzaneros and wife Maude selling their Vaucluse home for about $45 million. The property found a buyer after almost two years on the market and a $10 million price cut.

It is the latest in a string of pricey sales having been inked across Sydney’s blue-chip east over the past five weeks. The flurry of top-end activity bucks the subdued markets trend that traditionally prevails during the countdown to a federal election.