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Luxury market defying economic gravity
4 min read
Luxury properties are holding value in prestige suburbs such as Manly in Sydney. Photo: Shutterstock

Luxury market defying economic gravity

With prestige property markets breaking records from Perth to Sydney, those affected by the COVID-19 crisis could be excused for wondering if they are part of the same economy. 

In posh Surry Hills in Sydney’s east, self-storage businessman Marco Camuglia sold his historic residence Italianate Hous…

In posh Surry Hills in Sydney’s east, self-storage businessman Marco Camuglia sold his historic residence Italianate Hous…

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