Overseas buyer quick to snap up Gold Coast mega-mansion
We’ve all seen Sydney property prices climb over the years. It’s at the point now that you can’t find too many homes for less than $800,000 within Sydney’s inner-city and coastal suburbs.
In 1961, the sale of Vaucluse mansion ‘Werribree’ set the Sydney price record when it sold for £41,000. The solidly built, World War I era home was then bought by Peter Aldred, a decorated airman who founded the concrete company Cementaid International.
Over the last 5 years North Shore suburb, Artarmon, has experienced phenomenal growth in the suburb’s median house price.
Six suburbs in Sydney’s East have come in in the Top 10 of Australia’s most expensive suburbs for 2015.
Sydney’s North Shore suburbs, McMahons Point and Longueville, bagged Number 9 and 10 respectively in Australia’s Top 10 Most Expensive Suburbs in 2015.
A Milson’s Point apartment has crushed the previous price record for the suburb by more than double.
If you thought pests were tricky to get rid of then just think about the removal of a Heritage Listing on a house with one of the best views in Sydney.
Balmoral Beach is set to become home to a new luxury residential unit development going up two streets back from the foreshore.
Palm Beach isn’t the traditional stamping ground of Chinese buyers, though LJ Hooker Palm Beach principal David Edwards believes they might make an exception for the estate of the Australian opera legend Dame Joan Sutherland at 24 Rayner Road.