Prominent Melbourne developer David Deague and his wife Kristene have sold their Toorak compound for just shy of $25 million, in one of the blue-chip Melbourne suburb’s highest sales so far in a subdued year for top-end real estate.
The $24.8 million sale of the Deague family home to an unidentified young Melbourne family was Toorak’s second-highest transaction of the year, behind another $41.2 million sale on the same street, St Georges Road, according to Cotality.
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