Market speaks

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Last updated on August 6th, 2017 at 06:30 am

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.

Posted by Tim B. on 04/01/2007 at 11:32 AM
    1. It’s an invasion of gill-people.

      The warming is already causing mutations.

      Posted by rhhardin on 2007 04 01 at 01:49 PM • permalink


    1. It’s all becoming clear now.  Global warming is a scam by development people looking to buy beachfront property on the cheap.  The truth will out when Al Gore buys up Malibu.

      Posted by RebeccaH on 2007 04 01 at 02:27 PM • permalink


    1. But if Algor tries to live there it will frozen!

      Posted by Rob Read on 2007 04 01 at 03:33 PM • permalink


    1. #3 But if Algor tries to live there it will frozen!

      It already did frozen, didn’t it?

      Posted by triticale on 2007 04 01 at 03:45 PM • permalink


    1. Yes, on the weekend I was chatting to my brother who had just had a BBQ with an ex work colleague.  This chap took a stress package to leave work, and happens to live on the beach at Lennox Head.  Apparently his wife has been getting worked up abut this rising sea level story, and is wanting to move.  This ex-collegue was going on about how man’s shortsightedness was going to kill us all when the earth rose up and shook us off like the irritating fleas we are.
      My brother, who lives on top of a ridge with panoramic views to Nimbin, offered a swap.  This was summarily rejected.  The conversation then started turing frosty when my brother suggested the ex-colleague was not prepared to act on his convictions.

      Posted by entropy on 2007 04 01 at 05:08 PM • permalink


    1. 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.

      caveat emptor

      Entropy, I reckon the swap is a very fair thing. I can’t understand why he didn’t accept.

      Posted by kae on 2007 04 01 at 06:18 PM • permalink


    1. I’m gonna buy a couple of acres in Katoomba and wait for that sweet, sweet waterfront to roll on in.

      Maybe open a surf shop too.

      Posted by fidens on 2007 04 01 at 06:46 PM • permalink


    1. fidens

      Sorry but youve allready been beaten to Kalgoorlie.

      Yes they sell surfboards.

      Posted by thefrollickingmole on 2007 04 01 at 08:06 PM • permalink


    1. House boat would be nice!

      Posted by 1.618 on 2007 04 01 at 10:45 PM • permalink


    1. Ann is obviously a front woman for Captain Obadiah Marsh and the rest of Dunwich…

      Posted by richard mcenroe on 2007 04 01 at 11:24 PM • permalink


    1. Sorry, Dunwich = Innsmouth.  I’m not drinking enough to make sense of my Lovecraft…

      Posted by richard mcenroe on 2007 04 01 at 11:25 PM • permalink


    1. Sydney beaches were cleared this morning in anticipation of a tsunami which was supposed to be bearing down on the coast from somewhere out beyond the Solomon Islands.Sceptical surfers generally ignored warnings broadcast over loud speaker systems and had to be forced from the water and the beaches by lifeguards.This catastrophe,according to the State Emergency Service,was supposed to sweep the coast clean of those beachfront properties between 11am and noon.It’s now 1.30pm and I’m still sitting here at Lakemba waiting patiently for my new waterfront to arrive.I’m not holding my breath.

      Posted by Lew on 2007 04 01 at 11:32 PM • permalink


    1. #12 Lew

      No, no, no, you should’t hold your breath, at least not until the tsunami arrives.

      Posted by kae on 2007 04 01 at 11:39 PM • permalink


    1. last i heard most of the rise in water level is due to the fact that warm water expands. Floating ice don’t add all that much, and while the ice on Greenland and Antarctica is melting faster, by the same token (and for the same reason) its also growing faster (bitter cold is not precipitation friendly).

      Posted by mythusmage on 2007 04 03 at 08:14 AM • permalink


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