Melanesian children

Luxury living

How to buy your own island

You don't have to be as rich as Larry Ellison or Richard Branson to own your very own piece of paradise.

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Andrew Hornery dinkus

Private Sydney

Doing a reno - Murdochs plan $11.6m facelift

THEY are yet to spend a night in their splendid $26 million Bellevue Hill compound, but Lachlan and Sarah Murdoch have already upset the neighbours with their $11.6 million renovation plans.

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Potash king

The potash king, divorce and his girl's $85m pad

It is billed as the world's most lavish student crash pad - a stunning penthouse with panoramic views of Central Park that smashed records as New York's priciest property when it sold for $US88 million ($85 million) in February.

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Prices falling

House prices

Million-dollar suburbs decline

There are 31 fewer million-dollar suburbs in Australia after a year of falling prestige house prices - 194 compared with 225.

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