Is Sydney's Luxury Market Reshaping Amid Rising RBA Rate Hikes?
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Is Sydney's Luxury Market Reshaping Amid Rising RBA Rate Hikes?
Sydney's high-end real estate market is experiencing a significant surge, drawing global attention and reaffirming the city's status as a magnet for affluent investors. Despite economic headwinds—including three consecutive cash rate hikes by the Reserve Bank of Australia in 2024—demand for luxury properties has remained remarkably strong. According to Knight Frank's Global Super-Prime Intelligence report, Sydney recorded 100 super-prime residen…
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