House price drops in Sydney and Melbourne not as "dramatic" as we are led to believe
While house prices in Sydney and Melbourne led the way in value declines across the nation according to CoreLogic's June Home Value Index, the price drops aren't as dramatic as what is being reported, experts say.
Chinese national Qi Yang confirmed as buyer of Melbourne's $40m Toorak mansion
The agent for the deal, Jeremy Fox of RT Edgar, told SCHWARTZWILLIAMS, the sale is a positive for everyone - the vendors, the tax office, builders, and architects - and helps to keep the whole market moving.
'Serendipity' has an elevated position in a private street with the home designed by owner and architect Leigh Ratcliffe and for sale by Ada Taylor and Jeremy Fox of RT Edgar.
