Peak Sydney: House bought in 1978 for $325,000 resold for more than $80m

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Peak Sydney: House bought in 1978 for $325,000 resold for more than $80m
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The off-market sale of the Rockleigh mansion makes it Sydney’s highest house sale this year, to date, and ranks in the city’s top five house deals of all time.

An off-market bid to sell the Point Piper mansion Rockleigh in recent years has finally landed a buyer willing to pay between $80 million and $85 million, ranking it in the top five house sales in Sydney.

The family have owned the property for 46 years, purchasing it for $325,000 in 1978. Census data from that time shows Sydney’s median house price was then $43,200.

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