Hi Guys,
Well we all know that Sydney is now the backwater and the resource states is where all the action is. Noone thinks Sydney is relevant any more and its just dying of dereliction and disrepair under massively incompetent government. Noone in their right mind would consider buying in this has-been backwater. Well, that's the story you'll get if you listen to the nouveau riche miners with their 10 gallon hats and big plots of red dirt. But there's always another angle to the story...
Murdoch forks out $23m to head for the hills
Sydney, frankly, is magnificent. In all its neglected, congested glory it still ranks as one of the worlds most desirable cities. The harbour IMHO is unparalleled. The climate is spectacular and it is spoilt for beaches. The city has energy and exuberance and the people are friendly, well travelled and stimulating.
It may be irrelevant today, but tomorrow when the world wakes up again, and awakes to the brilliance of the premier city in the premier state, then the patience of those that appreciate its appeal will be rewarded...
$23M? Peanuts. That'll be worth double that amount in 5 years time.
Cheers,
Michael
Well we all know that Sydney is now the backwater and the resource states is where all the action is. Noone thinks Sydney is relevant any more and its just dying of dereliction and disrepair under massively incompetent government. Noone in their right mind would consider buying in this has-been backwater. Well, that's the story you'll get if you listen to the nouveau riche miners with their 10 gallon hats and big plots of red dirt. But there's always another angle to the story...
Murdoch forks out $23m to head for the hills
SMH said:OOH LA LA! Le Manoir, a grand Georgian house in Bellevue Hill, was sold to media scion Lachlan Murdoch at auction last night for $23 million, setting the Sydney house price record of the year.
The previous record price for Sydney this year was $18 million, which James Packer and his wife, Erica, paid for a 2374-square-metre Vaucluse property sold by executors of the estate of the oil shale pioneer Sir Ian McFarlane.
Sydney, frankly, is magnificent. In all its neglected, congested glory it still ranks as one of the worlds most desirable cities. The harbour IMHO is unparalleled. The climate is spectacular and it is spoilt for beaches. The city has energy and exuberance and the people are friendly, well travelled and stimulating.
It may be irrelevant today, but tomorrow when the world wakes up again, and awakes to the brilliance of the premier city in the premier state, then the patience of those that appreciate its appeal will be rewarded...
$23M? Peanuts. That'll be worth double that amount in 5 years time.
Cheers,
Michael