In only five sales last year, $240 million worth of Australia’s mansions changed hands. That’s nearly a quarter of a billion dollars tied up in five houses; albeit five of the most fabulous piles the country has to offer.
All those homes were in a pocket handkerchief of Sydney’s affluent eastern suburbs — Vaucluse, Point Piper and Double Bay, with the list topped by the $70 million sale of James Packer’s ultra-mansion, La Mer.
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