Australia's ultra-rich put money into trophy homes - The Australian Financial Review

Byron Bay is forecast to rack up the strongest growth in luxury home prices over the next five years, with prices predicted to rise between 30 per cent and 35 per cent.

All Australian cities included in the Knight Frank Prime International Residential Index 100 outperformed the average global price growth last year. The index tracks movements in luxury prices across… [+1920 chars]

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