Tech billionaire sets Palm Beach record at $27.5 million - Sydney Morning Herald

A chain of high-end house sales totalling $80 million with links to Victoria and NSW’s playgrounds of the super-rich reveals a new Palm Beach house price record of more than $27 million.

Palm Beach trophy home Karala has been sold for $26.5 million to Frank and Amber Elsworth. And to think Rees Thomas shocked locals when she paid all of $15.475 million for it 18 months ago. Followi… [+1691 chars]

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