Sunday, April 01, 2007
MARKET SPEAKS
Massive prices paid for Sydney beachside properties:
When Ann Arkins made the $3,725,000 bid needed to buy a block of Bondi Beach units yesterday she was more than happy.
She’d expected to pay a lot more ...
In neighbouring suburb Tamarama, a four-bedroom, four-bathroom 1940s house overlooking the beach sold for $5.9 million - $1.5 million above reserve.
March is traditionally strong, it always has been, but the beachside suburbs have shown enormous strength in recent weeks ...
Haven’t these people heard about the 100 metre floods that will wash away coastal properties worldwide? Why, it’s as though they want to drown.