IT’S not
just the top-end harbor front homes
setting records across Sydney during the just-completed blockbuster spring
sales season, with stellar prices paid in suburbs as far from the water as Raby
and Mt Annan. Sydney’s annual price growth is now 13per cent higher than the
same time last year, according to the latest Core Logic data. While waterfront
homes still maintain a certain cache, they don’t necessarily need to be
overlooking Sydney Harbor to attract top dollar. A six-bedroom, four-level home
complete with boating facilities on Kogarah Bay smashed the Sans Souci record
by more than $3 million when it sold last month for $9.105 million. In nearby
Kyle Bay, a five-bedroom home set the non-waterfront record for that suburb at
$3.78 million. In Strathy field the sales record was equaled and then blown
out of the water in just two months. A four-bedroom Newton Rd home sold for
$6.8 million in August and then, just weeks later, an eight-bedroom Allandale
Ave manor sold for $7.3 million. Bellerose agents are expecting a record to be
broken with the listing of Kameraigal, which has a price guide of$8.75 million.
Mt Annan recorded its first $1 million-plus sale with a six-bedroom home plus
granny flat opposite the botanic gardens fetching $1.07 million last month. And
a grand residence in Raby fetched$1.36 million, after last selling in 1986 for
just $64,000.Of course Altona, one of Sydney’s most iconic trophy homes, beat
its own record of $52 million set in 2013 when it sold again recently for $60
million-plus.
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