The fears – and relief – of vendors in a weaker housing market
Home owners are fretting more than they should about missing out in a falling market, estate agents say.
Source: afr.com
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Sydney property: Rich Lister Ian Malouf buys $20 million getaway in Palm Beach
Share Rich List garbo-turned-yacht broker Ian Malouf has joined the crush of prominent eastern suburbs families on Palm Beach’s Snapperman Beach, buying a weekend getaway for about $20 million. The beachfront house in the exclusive Sydney suburb has long been owned by the McNiven family, bought in 1997 for $2.06 million and held by late businessman John McNiven until recently, when Malouf negotiated to buy it directly. Malouf declined to comment on the purchase, saying that he didn’t know that information was out yet, and settlement would reveal the price. Palm Beach’s Snapperman Beach ...
Source: afr.com