November 2011
8 posts
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Will Parramatta be the New Paris?
Elizabeth Farrelly wrote a pretty epic (albeit nothing revolutionary) article in the SMH on Parramatta’s potential to be a more activated urban centre. Long story short, I couldn’t agree more. Sydney’s least favourite (well, maybe Penrith takes the cake on that one) satellite city has strong bones, an interconnectivity to quality rail and river transport, beautiful...
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Rich People Buying and Selling Things (Houses)
First off, we have Craig-y-Mor gossip. Oh, Craig-y-Mor. The key thing to come outof this articleis the estimated $5m cost for building the new structure. Which, really, means that the Chinese owners effectively just purchased a plot of land for $32.4m on non-waterfront Point Piper. Not surprisingly, the house rendering looks thoroughly awful.
Now, a few houses down on Wolseley Road, we have...
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Super Saturday Not So Super
52A Wunulla Road scored about $15m. A far cry from their $20m+ hopes; yet still overvalued.
Yesterday was the so-called “Super Saturday” of House Auctions, but, as it turns out, 2011’s Summer Sales Kick-Off was pretty sluggish. Not the best sign for the summer to come. Even some big-ticket sales in Point Piper were, at best, ordinary. The waterfront and garden apartment in the...
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