In Sydney in full swing Olympic price racing

Australian real estate agents are joking that the market of luxury residential premises in Sydney is now as hot as the Olympic fire, which should highlight the sky above this city in 2000. Thanks to the advertisement, which the coming summer Olympiad, and low loan rates, the most expensive apartments are currently higher than the previous years.

Most of the indigenous sedalets live in the southern and western parts of the city – cheap and moderately expensive objects are mostly concentrated here. More expensive accommodation, which basically buy foreigners, is located along the coast north of the center. This category can also be taken out of the outskirts around Double Bay, where the most expensive objects are sold in all Australia.

Only for the last 12 months prices "Exclusive" The living space in the largest city of the Green continent jumped by 14.9 percent, especially in areas surrounding the Sydney Bay (Sydney Harbor). Echo of the price explosion in this epicenter of demand in a somewhat weakened version and to urban urban.

From the latter, the greatest activity of buyers is now observed in Cremorn, Kirribilli, Mosman and Neutral Bay. In Homebush – the locality where the future Olympic Village of 2000 will spread – the rise in real estate prices from the moment the place of the Extra-Class Games has compiled as many as 90 percent. With a huge number of those who want to buy a house by the sea or a high-class apartment in a place where a couple of years will be made a lot of money, the offer is very limited.

In Sydney in full swing Olympic price racing

Sydney and in calm times took more than three and a half million tourists a year, and on the eve of the Olympiad, the flow of visitor will increase repeatedly. Stripping promotes the lowest interest rates for loans in the last 20 years. Only this can be explained by the fact that 9 penthouses were sold in Sydney for the last four years |.000.000 and above. And last summer, a record was established for this kind of premises – in August one of the penthouses "gone" For $ 5.500.000.

A luxurious four-room apartment in a prestigious residential killer in Neutral Bay with two bathrooms and a water view of the bay now can be removed for $ 1.500 per week. Such an apartment is ideal for businessmen staying in Sydney – the house is just 3 kilometers from the metropolitan business center. Third cheaper will cost Rent a four-room penthouse in Kirribilli, from the windows of which the world-famous Sydney opera building is visible – $ 1.000 per week. Experts believe that "Premonimpic" The market is now at the peak of demand. Property prices in Sydney grow in a big pace than inflation – the gap is 4-7 percent. In the future, the price of housing class "High End", maybe in some way and lower, but expecting a general stabilization before 2000 is clearly not worth.

In Sydney in full swing Olympic price racing

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