Sydney suburbs that set the most impressive house price records in 2017

Point Piper's suburb high was smashed by 14 per cent on last year when the Elaine estate sold for $71 million. Despite prices stagnating across Sydney’s broader market in the second half of 2017, there was no stopping dozens of Sydney suburbs scoring record high results thanks to a shortage of top-end homes for sale. At least 40 suburbs set a suburb record in 2017, down from last year’s more than 52 suburbs that reset their market highs. It was blue-chip suburbs like Point Piper, Northbridge, Centennial Park and Warrawee on the upper north shore that were some of the standout sales winners of this year. The beachfront estate Elaine set not just a suburb record for Point Piper at $71 million

Point Cook tops Melbourne’s most popular suburbs list for house sales in 2017

Point Cook topped the list for the most houses sold in 2017. Photo: Isamu Sawa Melbourne’s outer suburbs have been the most popular for house sales this year and it’s all down to new homes and affordability, experts say. Point Cook topped the list with 1325 house sales in the 12 months to December, while Pakenham came in second with 1116 house sales, according to Domain Group data. The two suburbs also had the highest number of house sales in the country. For unit sales, Melbourne CBD topped the list in Victoria with 1697 and had the second largest in Australia, with Surfers Paradise in Queensland taking the top spot, with 1796. More development and infrastructure in Craigieburn has contribu

Old World Australian Real Estate Born Anew

An exterior view of the Castle Residences, a residential development on the fringe of Sydney’s central business district Everything old is new again for the Australian property market, where the beauty and benefits of restoring historic inner-city buildings into luxury residential abodes has become big business. The trend, gathering momentum for the past five years across the country, has been embraced for its romance, preservation of history and conversion of valuable inner city space. Architects such as Melbourne’s award-winning Rothelowman have worked on heritage restoration projects across the country, transforming Federation and Victorian mansions, 1920s factories and Art Deco shop fron

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