Now in Sydney, as more and more owners subdivide and sell pools to developers, fewer and fewer homes have pools. (real estate website Realestate Pictures)
Swimming pools used to be one of the most coveted configurations of Australian homes, but now in Sydney, as more and more owners subdivide and sell pools to developers, fewer homes have pools, according to real estate website Realestate.
It is reported that a number of residential subdivided areas with swimming pools are being sold for between A $1 million and A $3 million. Brokers say such real estate is most likely to be transformed into a connected house, grandmother`s room, or other medium-density real estate.
A piece of land of 775 square meters in Morse (Mosman) is for sale. (real estate website Realestate Pictures)
For example, there is currently a 980 square meter piece of land sold in (Turramurra), Taramara, asking for A $2.25 million. There is only one pool on the land, which is subdivided from one of the houses next door.
In addition, a 775 square meter piece of land is sold in (Mosman), Morse, including a swimming pool and the surrounding area already laid. Similar plots sell for between A $2.8 million and A $3.2 million.
Sales agent Pressie (Max Pracy) says many owners no longer want swimming pools or tennis courts. They prefer to unleash the potential value of the land. In the past 20 years, a lot of change. Buyers are more interested in connected house and grandmother rooms., (real estate) `s proximity to train is also more important than owning a pool or something like that.
He also pointed out that there is a similar trend in residential tennis courts. Hunter Mountain (Hunters Hill), for example, has a tennis court broken down from the house next door for A $3.55 million.
The plot with swimming pool was sold for A $2.25 million. (real estate website Realestate Pictures)
Auctioneer Paul (David Scholes) says fewer and fewer people are interested in big space. Buyers are more likely to be attracted to opportunities to build homes from scratch.
It is reported that the price of Sydney land per square meter is higher than that of New York, Amsterdam and other cities around the world, and only slightly lower than Tokyo, which is famous for its lack of land space, according to a report by (Mori Memorial Foundation), a Japanese private organization, which is known for its lack of land space.
