AUSTRALIA: Sydney’s top 20 trophy homes sales in 2017

PHOTO: Cranbrook sold this Bellevue Hill residence, Sundorne, to property developer Eduard Litver.

Sydney’s trophy home market has recorded its biggest year to date with more than half a billion dollars changing hands from the top 20 sales alone.

The $552 million worth of deals comes despite a lack of foreign buyers among the top sales. This year’s high turnout of local identities behind the biggest deals marks a dramatic turnaround on just two years ago when eight of the top 10 sales were funded by overseas business interests.

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