Tuesday, September 20, 2016

Crazy housing prices still, down under


Successful bidder, Robert, and his family celebrate after the auction.
Turning off even the most willing first home buyers was the $1.510 million sale of the 40-year-old unrenovated one-bedroom apartment at 6/166 Queen Street, Woollahra, in Sydney's eastern suburbs on Saturday morning.
The 70 sq m apartment broke the suburb record at $21,571 a square metre and its auction attracted the who's who of the eastern suburbs.