As the year comes to an end, you’d be used to the various reviews of the past year in property and forecasts of what’s ahead.
News.com.au ran an interesting review of some of the best of the best in property:
Property in 2013 by the numbers:
Highest median value
House: Point Piper, Sydney, $6,312,475
Units: Dawes Point, Sydney, $2,452,651
Lowest median value
House: Ungarie, Central West NSW, $62,200
Unit: McCracken, Outer Adelaide, $109,609
Highest gross rental yields
House: Johnston, Darwin, 14.7%
Units: Ultimo, Sydney, 11.2%
Highest gross rental yields within 10km of capital city
House: Larrakeyah, Darwin, 8.3 per cent
Unit: Ultimo, Sydney, 11.2 per cent
Greatest 12-month change in median values
House: Kirribilli, Sydney, 42.5 per cent
Unit: Enmore, Sydney, 46.9 per cent
Highest median weekly rent
House: Newman, Pilbara, $2,165
Unit: Port Hedland, Pilbara, $1,300
Highest gross value of sales
House: Mosman, Sydney, $805,977,253
Unit: Surfers Paradise, Gold Coast, $571,568,317
Source RP Data
The most expensive home sold in 2013
[sam id=36 codes=’true’]
The most expensive home sold in Australia this year had a $52 million price tag, just shy of the $57.5 paid for the nation’s priciest home – in Mossman Park, Perth – which changed hands in 2009.
Altona in Sydney’s Point Piper has arguably the most spectacular backyard of any home in the country with stunning views of the Opera House and Harbour Bridge.
Owned by Deke Miskin, a former publishing mogul, and his bikini-designer wife, Eve, the Point Piper property was on the market since 2007 without asking price.
The buyer was an investment company whose sole director is Xiuzhen Ding, a Chinese-born resident of Elwood, a beachside suburb in Melbourne.
Boasting a series of terraces overlooking lawns and the harbour, Altona also has a heated pool, private jetty and sauna, along with a rooftop deck and a fully kitted out boathouse which would put most Sydney homes to shame.
There are also eight bedrooms and seven bathrooms.
Foreign buyers purchase 1 in 8 new properties
Asian buyers also shaped the sector, fuelled by a low Aussie dollar and Beijing’s ban on buying more than one property, with some developers marketing new units exclusively to offshore buyers.
Meanwhile, foreign buyers snapped up one in every eight new properties built this year – up from one in 20 properties in 2011, National Australia Bank research revealed.
At $17 million, this stunning three-bedroom penthouse in Sydney’s CBD must have seemed like a bargain to a Chinese investor who bought it for his children attending university in the city.
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