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The median house price in Sydney peaked at $780,000 in 2016. [4] However, with stricter credit policy and reduced interest from foreign investors in residential property, prices have started falling in all the major cities. [5] When compared with the soaring prices of 2017, the housing prices fell by 11.1% in Sydney and 7.2% in Melbourne in ...
Property and Development NSW is a statutory body of the Government of New South Wales that manages the State's significant property portfolio and its places. Formed on 1 July 2016, Property NSW encompasses the entities of the former Government Property NSW (GPNSW), the former Sydney Harbour Foreshore Authority (SHFA), Teacher Housing Authority of NSW (THA) and Waste Assets Management ...
A real-estate bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property until they reach unsustainable levels relative to incomes and rents, and then decline. Australian house prices rose strongly relative to incomes and rents during the late 1990s and early 2000s; however, from 2003 to ...
Woolloomooloo (/ ˌ w ʊ l ə m ə ˈ l uː / wuul-ə-mə-LOO) is a harbourside, inner-city eastern suburb of Sydney, New South Wales, Australia, 1.5 kilometres east of the central business district, in the local government area of the City of Sydney. It is in a low-lying, former docklands area at the head of Woolloomooloo Bay, on Sydney Harbour.
The price per square metre of real estate in Point Piper is one of the most expensive in the world. [8] Notable sales. Uig Lodge $130m (2022) - Purchased by Scott Farquhar and Kim Jackson. [9] Elaine $130m (2024) [10] Fairwater $100m (2018) - Purchased by Mike and Annie Cannon-Brookes [11] Edgewater $95m (2020) - Purchased by John Li [12]
Westleigh is a suburb in the Upper North Shore region of Sydney in the state of New South Wales, Australia, 22 kilometres north-west of the Sydney central business district in the local government area of Hornsby Shire.
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Five Dock is a suburb in the Inner West [2] of Sydney, in the state of New South Wales, Australia. Five Dock is located 10 kilometres west of the Sydney central business district , in the local government area of the City of Canada Bay .