Sydney’s $100m mansion market surge

2 weeks ago 25

At least four Sydney trophy homes carrying price expectations up to $100m have hit the market in time where one of the world’s most tightly held prestige markets is even seeing a price drop.While the top end isn’t immune to broader market pressure and price adjustments, these prestige properties often operate in a league of their own, driven by a range of local and international buyer interest.Among the four ultra-luxe homes carrying price expectations from $75m to $100m, is Boomerang in Elizabeth Bay, a heritage-listed Spanish Mission mansion understood to be back on the market with $100m price expectations.The 25-bedroom waterfront estate, which also featured in the movie Mission Impossible II, last sold for $80m in 2023.Another home with a $100m price tag is 2A Bayview Hill Road, Rose Bay, a five-level home affording sweeping harbour views, infinity pool and private cinema.The Elizabeth Bay mansion, known as Boomerang, is understood to be back on the market with $100m price expectations2A Bayview Hill Road, Rose Bay is currently on the market with a $100m price tagIn Point Piper, the French Riviera-inspired Deauville has returned to the market with a price guide of $85m to $90m....

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