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Point Piper
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Trophy homes in locations such as Sydney's Point Piper have helped push up the Harbour City's waterfront premium. Photo: Shutterstock

Price premium grows for waterfront homes

The price gap between prime waterfront properties and inland prestige homes is growing, with Australia’s major cities all recording an uptick in their waterfront premium in 2020.

Knight Frank’s Australian Prime Waterfront Index showed luxury property with a waterfront location was worth 69 per cent…

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