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Prestige property going gangbusters but clearance rates glum elsewhere

Potential buyers expecting higher borrowing costs are sitting on their hands. There are no such constraints at the top end, however.

Influential real estate agents sell the million-dollar dream

    At just 25, Joseph Lordi is often branded a young gun in the real estate game. Lordi cut his teeth with Ray White, Raine & Horne, Sotheby s and McGrath. And while he might drive a $110,000 BMW M2 Competition coupe - which car reviewers have described as a boy toy of unsurpassed excellence - Lordi owns it outright through a seven-year slog to become his own boss. He recently launched his own agency and the bold move comes after a string of successes, including the sale of a mansion at Raby Bay last August for $8.5 million, and two record-breaking $4 million-plus sales at Chandler in 2019.

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