A historic Toorak mansion, Coonac, has sold for over $130 million, potentially breaking Australia’s real estate record. The buyer remains unknown, despite speculation. The sale highlights Melbourne’s booming luxury property market.
Tag: Dennis Bastas
The affluent in Australia are witnessing a surge in wealth, with the top earners growing richer at an accelerated pace, as per a report by the Australian Financial Review (AFR). Over the past 12 months, the assets of the wealthiest individuals in the country have soared by 11 percent, collectively amassing a staggering $625 billion among the top 200.