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Sydney takes top spot in luxury real estate market

Sydney takes top spot in luxury real estate market

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Sydney has been ranked the world’s number one city for luxury homes, in a Knight Frank 2021 forecast report.

With prices expected to rise by 10% in the coming year, the city of Sydney, Australia has just been voted the world’s top city for luxury home sales.

 

The Knight Frank report shows that wealthy Australians have continued to invest in luxury real estate, despite the global pandemic that has slowed many other sectors.

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