• THOSE on the top rungs of Australia’s property ladder climbed even higher this year, upsizing into bigger mansions and smashing price records along the way.

A waterfront mansion a few houses down the street from Prime Minister Malcolm Turnbull’s home in Point Piper was Australia’s most expensive sale of the year at more than $60 million.

Known as ‘Altona’, the nine-bedroom home sold in November to a billionaire family from China based in Hunters Hill.



A strip of four neighbouring houses on Coolong Rd in Vaucluse sold for a combined sum of nearly $80 million. Picture: John Feder

Don't be shy! Have your say....