We are going to buy a house in Sydney in the near future to pay attention to the small friends! We may be in the middle of a 30-year-old (the worst in 30 years housing slump.
Not only are house prices in Sydney falling across the board, but the more expensive the district is, the worse it is! Experts at Morgan Stanley (Morgan Stanley) predict this "cliff-breaking" decline will last at least a year!
With the same money, you can buy a bigger and better house in Sydney next year.
How miserable is the fall in house prices in Sydney this time? Even Melbourne`s former prime minister`s family has not been spared.
Malcolm Turnbull, the "eye-catching" former prime minister, chose to live in the affluent district of Point Piper. As a result, Point Piper`s house prices fell by $1.2 million this year, or $23000 a week.
Tan Bao do you want to invite the Master to the house to calculate feng shui? Did he lose the prime minister`s throne because he lived in such a falling house?
Unlike those rich areas, which fall 8% a year, prices in ordinary areas such as Schofields, in western Sydney, are falling, but at about half the pace of the rich, at about 4% a year.
Morgan Stanley experts say the main reasons for the decline in Sydney`s house prices are higher interest rates, stagnant per capita income and political uncertainty about Labour reform.
In addition to Point Piper and Schofields, which parts of Sydney have been affected by falling house prices?
It is worth mentioning that of the rich Top 9, only Longueville belongs to the Lower North District of Sydney, and the other eight areas belong to the East side of Sydney.
Among them, the number one Point Piper is the world`s top ranking rich areas. According to statistics, Point Piper`s Olseley Road is the ninth-most expensive block in the world. As far as infrastructure is concerned, there are not many business districts within the, Point Piper. Fortunately, however, it is close to the commercial districts of Rose Bay and Double Bay. At present, the average price of house prices in, Point Piper is 15.5 million Australian dollars.
Darling Point, the second-best-known coastal area on the Upper East side of Sydney, is home to a prestigious yacht club, Cruising Yacht Club of Australia.Darling Point, only 2.8km from Sydney`s CBD, adjacent to the railway station and conveniently accessible by public transport to CBD. At present, the average price of house prices in, Darling Point is 6.2 million Australian dollars.
Bellevue Hill is a very long-standing district in Sydney, where there are so many places of interest. For example, the famous residence of Queen Anne "Caerleon", the Rona building and the Rovello building and so on. , Bellevue Hill is also rich in educational resources, with many top public and private schools, such as the prestigious The Scots College and Cranbrook School. At present, the average price of house prices in, Bellevue Hill is 5.4 million Australian dollars.
Vaucluse is located on the South Head Peninsula in the East side of Sydney, so the beach resources are unique in the East side and the natural scenery is very beautiful. The main beaches in the area include: Nielsen Beach and Parsely Bay.. At present, the average price of house prices in Vaucluse is 4.5 million Australian dollars.
Tamarama is a district away from Sydney`s most famous beach, Bondi Beach, and its own beautiful beach Tamarama Beach, is a small windy beach rarely seen in Australia and is ideal for sunbathing. Walking one kilometer from Tamarama Beach to Bondi Beach, is one of the most classic tours. At present, the average price of house prices in Tamarama is 4.4 million Australian dollars.
Longueville area because there is no transit public transport, is a very quiet, safe zone. And the infrastructure is complete. The famous Kingsford Smith Oval is a favorite gathering place for adults and children, where there are tennis clubs, fun facilities for children and a dog walking area without a belt. At present, the average price of house prices in Longueville is 4.3 million Australian dollars.
Rose Bay is the venue for a wide variety of exhibitions, performances and celebrations in Sydney. The bay is full of palms, greenery, playgrounds for children, open-air cafes, pools and fountains, large-scale video game facilities, and large-screen cinemas. At present, the average price of house prices in, Rose Bay is 4.1 million Australian dollars.
Dover Heights is one of the most populous districts in East Sydney, where buildings are very distinctive. Holman House was awarded the Wilkinson Award by the Royal Architecture Agency in 2005. Landmark buildings are Butterfly Villa Butterfly House, an octagonal property designed by famous architect Ed Lippmann. At present, the average price of house prices in, Dover Heights is 4.1 million Australian dollars.
Double Bay is one of Sydney`s most famous shopping districts, with the largest shopping district in Sydney. The building is full of southern France, beautiful scenery, good cafes and a high rate of public schools. At present, the average price of house prices in, Double Bay is 3.8 million Australian dollars.
