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PHOTO: Jane and Richard Freudenstein sold their Balmoral slopes mansion for more than $23 million on Wednesday. Photo: Supplied
Mosman’s ultra-prestige housing market is on track for its strongest performing year ever, with the first six months of 2018 recording almost as many high-end sales as the market’s peak of last year.
The bull run comes as local buyers dominate the high-end transactions, marking a distinct turnaround from the high number of foreign buyers of a few years ago.
In the first six months of this year there have been 13 sales in Mosman of more than $10 million – widely regarded as the ultra-prestige market – totalling more than $169 million in real estate.
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