Cue the smallest violin. It seems the higher the asking price, the more that prestige sellers are being asked to cut from their expectations.
Environmentalist Geoff Cousins listed in Point Piper with $30 million hopes, and sold for $23 million.As the halfway mark of 2024 nears, the year has already clocked up an impressive roll call of house sales making our already rich citizenry even richer, but records also show there have been plenty of hefty discounts to get many of these deals done.
copped a 46 per cent discount from his initial $30 million hopes on his Sapphire Beach estate north of Coffs Harbour. Ian Malouf’s $65 million hopes for two Palm Beach houses is likely to come in at closer to $48 million.for what the agent’s advice said was $25 million but settled on title records at $18 million. The Palm Springs-style house next door, Gidget, is still for sale with a $23 million guide, despite recent reports in the News Corp press that it sold.given the vendor finance that helped facilitate the deal.
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