'It's the opposite': Top-end property market still surging
Demand for housing in Sydney and Melbourne’s blue-chip enclaves remains as strong as ever, according to buyers’ agents, estate agents and valuers.
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Demand for housing in Sydney and Melbourne’s blue-chip enclaves remains as strong as ever, according to buyers’ agents, estate agents and valuers.
A Chinese student who bought a Sydney mansion as a teenager has sold the seven-bedroom home for close to $11million because she wants to downsize. Shuxin Zhou, 17, daughter of Chinese businessman Jianming Zhou, bought the Springfields Estate when she was just 14 years old for $12 million in June 2017. The house was sold on Wednesday morning, ending a near 18-month campaign to sell the North Shore property by Chadwick's Lynette Malcolm and William Zhang, and Jing Peng of LJ Hooker Gordon. The grand North Shore residence has a salt-water pool (pictured) and full-sized tennis court Ch...