PHOTO: The three-level residence was completed in 2016 to a design by X.Pace Design Group. Photo: Domain
Sydney’s trophy-home market shrank by one on Friday when the Palm Beach-style residence of former Goldman Sachs director Karl Mayer and his wife Tanya sold in Vaucluse.
The ultra-contemporary residence was one of a handful of homes on offer in Vaucluse in the $20 million-plus range, in what has been one of the tightest high-end housing markets of recent years.
A shortage of listings has resulted in a dearth of top-end sales in the east this year, where only four sales have been completed.
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