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From the shared rooftop of 5 Campbell Parade Bondi there is a multi-million dollar view of the world famous beach. At this prime vantage point you are also able to look down on billionaire James Packer’s beachside pad and see construction work on The Pacific both also on Campbell Pde, which has seen sales of up to $20 million for its best penthouses.
But for the lucky owners of a studio apartment, with parking and access to the large rooftop, who bought in the building last month the cost has been much lower — $505,000.
Thursday 16th October, 2014
Darwin motors on yet Raine & Horne calls for caution
The latest statistics from RPData show that Darwin real estate values grew by more than 7% in the last 12 months.
The result left the Northern Territory capital behind Sydney and Melbourne only in terms of capital growth since September 2013, and in front of Brisbane, Perth, Hobart and Adelaide.[i]
Australian property buyers have until next June to find a competitive home loan ahead of a predicted rise in the cash rate by June 2015, which may continue for a further three years.
A survey of 28 experts, due to be released tomorrow, found 46 per cent believed an increased in interest rates would be handed down by the Reserve Bank in quarter three of 2015, a 21 per cent chance rates would rise in the first quarter of 2015, and an 18 per cent chance rates would rise in the second quarter of 2015.
Whale Beach cliff-top retreat
Dentist and medical innovator David Penn and his wife, Linda, are selling their tastefully designed Whale Beach oceanfront retreat following their purchase of next door and plans to relive another major renovation.
SYDNEYSIDERS may be reeling from a devastating loss on the football field over the weekend, but for those who sold their homes, there was plenty of celebrating.
Across the inner west, fierce competition pushed many desperate buyers beyond their limits to snap up a property.
The region finished with a solid result of 94.51 per cent.
Among the highlights was in Lewisham where a buyer from regional NSW flew down to Sydney on Saturday to snare a home at 5 Hunter St.