Posts tagged with: Australia

Sydney rises from tenth to third in global luxury listings

The leap is due to several sales in the “double-digit” millions over the last 12 months including six properties which sold in the $30 million in the last half of 2014 and two Point Piper residences fetching more than $40...
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Thornleigh’s third record residential sale in 2015

For the third time this year Thornleigh has secured another suburb price record in Sydney. This time, the Daily Telegraph reports, it was the sale of a renovated four-bedroom house on Beresford Road which bettered the $1,715,000 set last month when the...
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Chinese Property Buyers Are Warping The Australian Market

    Recently in Sydney’s trendy Darling Harbor district, a new high-end housing project of 581 apartments sold out in just five hours. One third of these flats — costing from 800,000 Australian dollars ($611,000) for a one-bedroom unit to more than 10 million ($7.6...
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Chinese Wealth in Australia and Villa Del Mare

      Villa del Mare is a mansion on Australia’s most expensive street, Wolseley Road, Point Piper. Chinese billionaire Xu Jiayin was forced to sell the mansion in March this year by Treasurer Joe Hockey. Xu is one of...
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Sydney trophy property sells for $40 million

  Point Piper mansion, Mandalay, has been sold for more than $40 million. The five-bedroom mansion on the suburb’s prestigious Wolseley Rd, was bought by a Chinese buyer with Australian residency on Wednesday night. Listed with Monika Tu and Martin...
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Australia Tightens Rules on Real Estate

    Foreign investors are driving up prices in Australia and the Aussie government wants to do something about it. Good idea, or just plain foolish?  You make the call..   Read the whole story at the New York Times....
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A waterfront trophy home has sold for $38 million without even being advertised

    Look what word of mouth can do.  In Sydney, a big ticket house was sold under the radar for $38 million.  Look at the pretty pictures!   Read the entire article here....
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