Sydney Prestige Property: Market Trends & Long-Term Value | Lulu Sun

Sydney’s prestige property market is shaped by scarcity, changing buyer preferences and the long-term relationship between wealth, lifestyle and place.

In this episode of the GloryHouse Podcast, GloryHouse Founder and CEO Garth Hu speaks with Lulu Sun, Chair of Sydney Sotheby’s International Realty, about the evolution of Sydney’s high-end residential market and what gives an exceptional property enduring appeal.

Drawing on years of experience in prestige real estate, Lulu discusses how buyer expectations and design preferences have changed, why truly scarce homes can behave differently across market cycles, and how high-net-worth families weigh financial value alongside lifestyle and future family needs.

The conversation also explores the role of trust in high-value property transactions and the experience Lulu and her husband, Michael Pallier, have built in Sydney’s top residential markets.

For families considering prestige property, the episode offers a practical reminder: a home can be both a significant balance-sheet asset and a long-term decision about city, community, education and quality of life.

About the Guest

Lulu Sun is Chair of Sydney Sotheby’s International Realty and has extensive experience serving buyers and sellers in Sydney’s prestige residential market.

About the GloryHouse Podcast

GloryHouse Wealth Management produces the GloryHouse Podcast for high-net-worth families, business owners and globally connected families, exploring wealth management, property, family succession and long-term investment.