AFR Rich List 2020

Surge in demand for $10m-plus homes

PHOTO: Luxury homes | Point Piper – Sydney

Wealthy buyers are buying second and third luxury homes as COVID-19 restrictions prevent overseas travel and state restrictions ease.

Demand for homes worth $10 million-plus is surging as buyer confidence returns, supply increases and restraints on overseas travel caused by COVID-19 encourage luxury upgrades.

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