{"id":17130,"date":"2019-02-24T11:10:23","date_gmt":"2019-02-23T22:10:23","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17130"},"modified":"2019-02-24T11:10:23","modified_gmt":"2019-02-23T22:10:23","slug":"performance-anxiety-grips-sydneys-well-heeled-as-cracks-appear-in-high-end-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/performance-anxiety-grips-sydneys-well-heeled-as-cracks-appear-in-high-end-market\/","title":{"rendered":"Performance anxiety grips Sydney\u2019s well-heeled as cracks appear in high-end market"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0The Hunters Hill waterfront property sold in December for $4.9 million, down from $5.15 million in 2016.<\/strong><\/p>\n<p class=\"first-para\">Performance anxiety has gripped Sydney\u2019s prestige market as it grapples with the comedown from last year\u2019s high-end bonanza and a stalemate develops between buyers and sellers.<\/p>\n<p>As cracks appear in parts of the top-end market, prestige agents fear that the broader market malaise which saw\u00a0<a href=\"https:\/\/www.domain.com.au\/product\/house-price-report-december-2018\/\">Sydney\u2019s median house fall 9.9 per cent last year<\/a>\u00a0has started to spread up the price chain, in particular to the bottom rung of the $5 million-plus prestige market.<\/p>\n<p>It\u2019s a turnaround on the previous 12 months in which Sydney recorded its best-performing ultra-prestige market, capped off by the\u00a0<a href=\"https:\/\/www.domain.com.au\/news\/fairwater-australias-most-expensive-house-finds-a-buyer-20180926-h15xbu-767371\/\">record $100 million sale of the Point Piper estate Fairwater<\/a>.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/performance-anxiety-grips-sydneys-well-heeled-home-owners-as-cracks-appear-in-market-803432\/\">DOMAIN<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>https:\/\/www.instagram.com\/p\/BtZjpEuFZ2c\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0The Hunters Hill waterfront property sold in December for<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/performance-anxiety-grips-sydneys-well-heeled-as-cracks-appear-in-high-end-market\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478103799,478098519,478098535,478098927,478098556,478103800,478102053,478098513,478099125,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-17130","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-high-end-market","tag-home-ownership","tag-house-prices","tag-hunters-hill","tag-nsw","tag-prestige-agents","tag-prestige-market","tag-property","tag-property-crash","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- 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