Mr Kusher said capital city prestige property values fell 10 per cent during the GFC, while coastal and holiday homes in areas such as Sydney’s Palm Beach, Byron Bay on the NSW north coast, Port Douglas in North Queensland and Dunsborough/Eagle Bay in Western Australia’s Margaret River region recorded price falls of 20 per cent or more.
Wealthy buyers push prestige house prices up – NEWS.com.au
March 12, 2010 By
