In Sydney’s Luxury Market, Demand Continues To Outpace Supply
In the early months of 2017, real estate agent Ken Jacobs was driving through the streets of Sydney, Australia’s prestigious Eastern Suburbs, showing jaw-dropping homes to an American client. The itinerary included a lavish penthouse in Elizabeth Bay, the historic Elaine home in Point Piper, which sold a few months later for a record-breaking $71 million (about $45 million U.S.
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