Luxury property market hot spots revealed

According to John McGrath’s recently released Market Review for Winter 2009, while the median price for the luxury market had dropped by more than 20 per cent, the $1 million to $1.5 million was “exceeding expectations”, The Australian Financial Review reported today.

Following Breakfast Point, North Avoca, Palm Beach, Bellevue Hill, Pearl Beach, Northwood and Wombarra also presented good luxury market buys.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 10 June 2009