Mega mansions sold for record prices over 2016

  • THOSE on the top rungs of Australia’s property ladder climbed even higher this year, upsizing into bigger mansions and smashing price records along the way.

A waterfront mansion a few houses down the street from Prime Minister Malcolm Turnbull’s home in Point Piper was Australia’s most expensive sale of the year at more than $60 million.

Known as ‘Altona’, the nine-bedroom home sold in November to a billionaire family from China based in Hunters Hill.

READ MORE VIA REALESATE.COM.AU

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A strip of four neighbouring houses on Coolong Rd in Vaucluse sold for a combined sum of nearly $80 million. Picture: John Feder

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