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Mosman leads top end's record run of $5m-plus house sales
Jul 31, 2026
Australian Financial Review

Mosman leads top end's record run of $5m-plus house sales

Pharma billionaire Dennis Bastas paid over $136 million for Melbourne’s historic Coonac estate last year. This deal joined other massive sales, including an $83.5 million Rose Bay mansion. A new Westpac Private Wealth report showed that 2023 saw an unparalleled run of property transactions worth $5 million or more across Australia.