High-End Real Estate Market Heats Up With Record Sales

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Luxury Real Estate,Property Market,Billionaires

The latest Australian real estate market report showcases a surge in luxury property transactions, with prominent figures and companies making significant purchases. From the Weels' equestrian estate to billionaire Choy's Cammeray mansion and tech mogul David Snowdon's South Coogee acquisition, the high-end market continues to thrive.

The Weels are recent arrivals on Southern Highlands property records. They purchased Songline in 2021 for $7.2 million, complete with the full suite of equestrian facilities, including an Olympic-sized arena, four barns, stables with wash bays, and a tack room.The five-bedroom residence has since scored new interiors by designerDiJones’s Bradley Cocks has set a guide of $7.85 million.

The six-bedroom, six-bathroom residence was listed earlier this year with hopes in the mid-$30 million range but has been relisted recently with Atlas’s Adrian Bridges. The suburb high was set at $14 million earlier this year.The Lilyfield home of Paul Kent hit the market this week and goes to auction on September 28.was kicked off this week ahead of a September 28 auction and a $4.2 million guide.

Initially listed with a $4.2 million guide, it was dropped to $3.8 million on Friday by Raine & Horne’s Alex Lyons.have purchased Bayview’s landmark Chateau Narla for $13.85 million.

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