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Top 10 Sales of 2016; No suprises here
Topic Started: 14 Dec 2016, 10:32 AM (534 Views)
Bardon
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Sorry Jon, your utopian dream has not started.

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Sydney's local trophy home shoppers have dominated the top sales of 2016, marking a turnaround on last year when most high-end deals were funded by overseas business interests. The shift in favour of Australian buyers comes as China's well-heeled face increasing difficulties moving their funds out of the country and Australian banks clamp down on loans to foreign buyers. While blue-ribbon suburbs in the east have dominated the highest sales results, this year's big winner in the ultra-prestige market is the lower north shore where records have been set in Neutral Bay, Cremorne, Northbridge and Longueville.

Of the top 10 sales results of 2016 only three were to buyers whose main business interests are overseas.


Top 10 sales of 2016

1. $60 million+ - Wunulla Road, Point Piper

2. $60 million - Coolong Road, Vaucluse

3. $47 million* - Carrara Road, Vaucluse

4. $27 million* - Opera Residences, Macquarie Street

5. $26 million* - Opera Residences, Macquarie Street

6. $21 million - Wolseley Road, Point Piper

7. $20.3 million - The Crescent, Vaucluse

8. $20 million - New South Head Road, Vaucluse

9. c$17 million - Plunkett Road, Mosman

10. $16.85 million - Tivoli Avenue, Rose Bay



Read more: http://www.afr.com/real-estate/residential/locals-lead-the-way-with-top-trophy-sales-of-2016-20161213-gtaeb2#ixzz4SlQQEkM2
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Edited by Bardon, 14 Dec 2016, 10:49 AM.
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Jon Snow
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Bardon
14 Dec 2016, 10:32 AM
Sorry Jon, your utopian dream has not started.
Sure it has. By the time muppets like you realise it you will be broke and bankrupt. We should probably throw your kids into debtors prison as well to stop them breeding and passing on your stupidity.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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