Surge in demand for $10m-plus homes

PHOTO: Luxury homes | Point Piper – Sydney

Wealthy buyers are buying second and third luxury homes as COVID-19 restrictions prevent overseas travel and state restrictions ease.

Demand for homes worth $10 million-plus is surging as buyer confidence returns, supply increases and restraints on overseas travel caused by COVID-19 encourage luxury upgrades.

READ MOTRE VIA AFR

Previous Post: Here’s how former Vice President Joe Biden went from ‘Middle-Class Joe’ to millionaire

Next Post: Australian Property News Update | Friday 6 November, 2020