The Sydney family riding the property boom-time highs

The wealthy Salteri family have put their high-net-worth name to yet another Sydney record just months after they bought Australia’s most expensive apartment, this time selling their Northbridge home for more than $20 million.

The suburb record smashes by more than 30 per cent the previous high of $15.25 million, set last year when Justin Reizes, former head of equities giant Kohlberg Kravis Roberts, sold his waterfront home to Jianwen Huang, from China.

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From left, Robert Salteri, his late father Carlo Salteri, and his brother Paul Salteri. Photo: Jim Rice