SMH · general

Vaucluse mansion owned by Smorgon dynasty members gets a $10m discount

3 hours ago

Barry Smorgon and his wife Sandra reduced the price of their Vaucluse mansion by $10 million to $50 million in a bid to attract buyers. The five-bedroom property was originally listed in April 2022 with a guide of over $60 million. Real estate experts note a cautious market shift amid rising interest rates and price sensitivity among buyers.

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Summary by Glance · Original reporting by SMH

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