Trophy Homes

Secure Trophy Homes in the exclusive Eastern Suburbs, Sydney Australia with ELYSIUM HABITATS.

Sydney Australia

Trophy Homes

Elysium Habitats will locate, procure, design and build your new luxury trophy home in Sydney Australia.

Prices range from $8M to $120M.

Uber rich seek refuge in Sydney trophy homes

Nila Sweeney

The Crown Residences at Barangaroo are drawing a wealth of interest.

Ultra-wealthy buyers seeking safety from the pandemic piled into Sydney’s super-prime residential market during the past six months, snapping up 15 trophy homes worth at least $214.5 million, a Knight Frank report says.

Sydney was the only market to record a rise in ultra-luxury home sales, outperforming 11 key superprime markets around the world, which all suffered large declines in transactions.

Between March and June, buyers pounced on top-priced Sydney homes, pushing the average super-prime transaction to $24 million – a 33 per cent jump from a year ago.

Since the onset of the pandemic, Sydney has notched up one home sale worth more than $35.8 million and six super-prime sales, while Melbourne managed to close one super-prime transaction.

Super-prime homes are valued at least $US10 million ($14.3 million), while ultra-prime are worth at least $US25 million, Knight Frank said.

Continue reading . . . . Courtesy Australian Financial Review