A six-bedroom luxury mansion in Point Cook is set to shatter the suburb's $4.75 million house price record, listing at $5 million to $5.5 million. The property illustrates a key real estate market dynamic: completed luxury homes command premium value relative to construction costs, which would require $7 million to $8 million for comparable new builds. The expected interest from interstate and overseas buyers signals growing demand for turn-key luxury properties in established communities, highlighting a market segment for real estate platforms targeting high-net-worth purchasers.
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