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Prestige suburbs near Sydney Harbour
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COVID-19 has had little impact on the rising value of properties in Sydney's prestige suburbs. Photo: Shutterstock

Sydney’s elite breathing easy during COVID’s prestige property boom

While millions of Australians are suffering the ignominy of sliding into negative equity or selling property at a loss, the champagne corks are popping as Sydney’s elite enjoy their financial freedom.

Record prices, glitzy new developments and surging demand are driving eastern Sydney’s prestige pr…

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