The designer waterfront home of celebrity landscaper Jamie Durie on Sydney’s northern beaches is heading to auction with an $18 million price guide, a sizeable haircut on expectations more than a year after the seven-storey mansion hit the market with an $33 million asking price.
Durie is one of a growing number of vendors prepared to meet the market and get a deal done, as softening buyer sentiment seeped into the top tier of the housing market with interest rates at an 18-year-high and Labor’s property tax changes reshaping demand against a backdrop of global uncertainty.
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