A Paddington terrace sold for $9m on a weekend when auction clearance rates were weaker amid a surge in listings, indicating more properties on offer than buyers.
House prices in some of the most desirable suburbs have slumped by up to $207,000 in three months, dragged down by weakness in the upper end of the market.
Energy expert Olivia Kember has emerged as the record-setting $13.5 million buyer of former Star Casino boss Matt Bekier’s converted warehouse in Sydney’s inner west.