NewsBite

The properties that ultra-rich buyers splurged on

Ingrid Fuary-Wagner

It was another record year for property, but not as we know it. In some markets, the prestige market suffered during the 18-month downturn that ended mid-year as buyers and sellers kept plans on ice in the lead up to a federal election.

Nevertheless, we witnessed record-breaking sales, and not just for established houses like in 2019 but with off-the-charts demand for off-the-plan apartments, setting the bar in both Sydney and Melbourne.

Loading...
Ingrid Fuary-Wagner was The Australian Financial Review’s explainer editor.

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/the-properties-that-ultra-rich-buyers-splurged-on-20191209-p53i5r