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Five luxury Australian homes remain unsold as high-end market cools due to rising taxes and weak demand.
Five luxury mansions across Australia remain unsold amid a cooling high-end property market, including a Melbourne estate listed at $96m–$105m since October 2024, a Sydney waterfront home priced at $90m, and a Gold Coast mansion reduced to $33m after five years on the market.
Experts cite rising land taxes and weakening demand as key factors, particularly in Melbourne, where buyer’s market conditions are emerging.
Despite record sales in some regions, premium listings are struggling to attract buyers, signaling a shift in the luxury real estate landscape.
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Cinco casas australianas de lujo siguen sin venderse mientras el mercado de alta gama se enfría debido al aumento de los impuestos y la débil demanda.