Australia’s luxury real estate market just realised its best quarter yet
By Fergus Halliday
02 July 2021
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1 minute read
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With borders remaining closed, activity in the priciest corners of Australia’s property market only intensified.
Despite the lockdowns, Australia’s prime real estate has reported its highest quarter of sales volume on record.
According to a new report by Knight Frank, 1,429 properties in Australia’s prime residential real estate market changed hands over the first quarter of 2021.
This fixture represents a 17 per cent increase over the final quarter of 2020, which was the previous record holder, with sales volume of 1,224 properties.
Australian s richest have done very well through the pandemic, and the boom in the luxury property market proves it
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