Original condition Potts Point penthouse sells for $1.1 million over reserve
Samuel and Jane Schumann of Di Jones Real Estate sold the original-condition Potts Point penthouse for $4.4 million. There were 17 registered bidders at the auction.
With an inviting coastal location, easy proximity to the CBD and access to fantastic schools, shopping, restaurants and wineries, demand for properties in Mt Martha is destined to rise, and rise quickly.
Australia home to more $1 million-plus houses than ever before: CoreLogic
The share of properties worth more than $1 million was at a record high in Australia in 2017. But with prices falling, could this psychologically important price tag be less common in 2018?
ABS data shows Australia’s population grew by 1.6 per cent over the year to September 2017, the equivalent of 395,600 additional residents. While there is a strong link between population growth and economic performance, population growth does require top city planning.