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Overview

Queensland Building Boost Grant Extended!

Positive Outlook for Australian Residential Property.

Suburb of the Month, CLIFTON HILL, 3068

Tax Implications on Property

Do swimming pools add more value to your property?

Regional Areas Continue to Make Great Investment Locations.

Suburb of the Month, SHEIDOW PARK, 5158

Save energy at home this Summer

Things to consider when buying a block of land

Investing in Commercial Property

Suburb of the Month, BURRADOO, NSW 2576

Property Market Wrap

What is Lenders Mortgage Insurance (LMI)?

Interest rate cut welcomed

Which is best - Positive or Negative Gearing?

"What Stock Shortage?"

Suburb of the Month, AIRLIE BEACH, 4802

Garage Sale Tips

Finding the right tenants for your rental property

Apartment Living

Mortgage Rates: On Hold!

Spring has Sprung!

What is a Buyer Advocate/Buyer Agent?

NSW Stamp Duty for existing homes.

Suburb of the Month, WANTIRNA, VIC 3152

Do all Home Improvements add value?

Suburb of the Month, KALGOORLIE, WA

A Perfect Storm

Refinancing Your Mortgage

Buy new in Queensland and reap the benefits

Suburb of the Month, WYNNUM, QLD

Carbox Tax on Housing

Every dark cloud has a silver lining

Property Subdivision

Organic Gardening

Sea change or Tree change? That is the question.

Do Granny Flats add extra value to your property?

homesales.com.au exhibits at AREC

What is really happening in the property market?

Suburb of the Month, FORSTER, NSW.

Solar Rebate to drop by 20%

Property Investment.

How to Child Proof your home.

Petrol Prices vs Cash Rate.

Suburb of the Month HERVEY BAY, QLD.

Home Insurance - Are you fully covered?

Carbon energy regions of Australia predicted to boom

Be green. Save the planet and your wallet.

What will your future suburb say about you?

Suburb of the Month MILDURA, VIC

Housing Affordability

homesales.com.au and Selling Houses Australia Extreme

Can landscaping add extra value to your home?

The Home Loan Rate Debate

Suburb of the Month ROBINA, QLD

Selling Houses Australia is back, and with homesales on board too!

Floods and Cyclone to boost Queensland Market

The hidden costs of building a new home

Suburb of the Month BACCHUS MARSH, VIC

Tell ‘em they’re dreaming, $195,000!

Rising sea levels threaten coastal properties

Rafters Star Set To Sell Up

Renovating for Profit

Suburb of the Month MAROOCHYDORE, QLD

Property woes as White House real estate value drops

Give Inflation a Chance

Trump’s Californian Estate for sale at $12.5 million

Keep your home safe this holiday season

Suburb of the Month BONDI BEACH, NSW

Australia’s property prices lead the way

Prepare your Property for Bushfire Season

Six Essential Tips to Help you Save for your First Home

Crocodile Dundee’s Walkabout Creek pub up for sale

Another Rate Rise Past the Post

Suburb of the Month FRANKSTON, VIC

How to create the perfect outdoor entertaining area

Monaco Penthouse Sells for a Whopping £199 million

Buying or Selling Your Home, You need an Independent Property Inspection

Suburb of the Month PORT DOUGLAS, QLD

What does the Election Result mean for the Housing Market

Let's Get the Garden Ready for Summer

Attract the Right Buyer to your Property - 2

Australia’s New Housing Market still going Strong

Suburb of the Month LATROBE, TAS

Sydney Housing Market Ready to Boom

How to Renovate your Home and Save

Attract the Right Buyer to Your Property

Home Loans for the Self Employed

Suburb of the Month DALYELLUP, WA

Consider Buying Off The Plan

This property is ideal…except for the bad neighbours

Creating Wealth Out Of Property

Preparing for the Big Move

Back in the High Life Again

Suburb of the Month JINDABYNE, NSW

There are other options than just banks

Solar Energy is heating up

Selling your home in the 21st Century

Suburb of the Month: DARWIN, CBD

Interest Rates to go down!

homesales.com.au debuts at the HIA Home Show!

All Is Not As It Appears. Market Update from John Edwards, CEO Residex

Meet ‘Antilla’: the most expensive home in the world valued at $1 Billion

Suburb of the Month: MELBOURNE, VIC

Upside Down House built in German Zoo

Are we about to experience another property boom?

Negotiating a better home loan rate

Celebrity News: Is the long wait over for Mel Gibson?

Top tips for an easy-as-possible home loan approval

Suburb of the Month: NEW FARM, QLD

Top Tips for Coping with Rising Interest Rates

Is buying off the plan a good idea?

Celebrity News: Twilight Family Home Up For Sale

Buyers Captivated by Pauline's Million Dollar Paradise

Suburb of the Month: MAWSON LAKES, SA

Investing in homes: Safe as Houses?

New law for Queenslanders selling their home

Celebrity News: Simon Baker buys $1.5 million Byron Bay Holiday Home

Suburb of the month, PERTH, CBD

New Yorks 'Skinniest House' Sold

Know what your home is worth before you sell

Is there a best season to sell your home?

Did A Buyer Walk Past Your House Today?

Desperate times: Nicolas Cage sells properties at a loss

Suburb of the Month BULLEEN, VIC

The fine balancing act

Why Do We Invest in Housing?

Perth 'house' sells for $57.5m

Get some serious street appeal

Suburb of the Month SOUTHPORT, QLD

A special end of year housing market wrap up

Consumer confidence down modestly: Westpac

GOING ... going ... gone! Save thousands of dollars by selling your house yourself

What does the interest rate rise means for both owner occupiers and investors.

Interest rate rise signals recovery

Is it better to invest in houses or units?

Suburb of the month - ASHFIELD, NSW

Latest statistics confirm growth

Newsletter Subscription

White boss says 2009 most unsettled

More about homesales

Saunders St, Mosman Park home has been sold for $57.5m



Perth
'house' sells for $57.5m

 

The world's remotest capital city, Perth, is abuzz with news that one of its homes has sold for an Australian record price.

 

 

WA media sources are reporting that a Saunders St, Mosman Park home has been sold for $57.5m. Located on the banks of the Swan River, the 7500sqm-plus property beat the previous home sales record of around $45m set by a Sydney harbourside property last year. It also smashes the existing Perth record, believed to be around $23m.

 

The price puts into perspective the recent media interest in the record prices paid for Hawthorn (Vic) and Toorak homes which sold last month, both in excess of $20m. What a difference a resource boom (the Perth house was sold and bought by families with mining interests) and a water view makes...

 

The stratospheric price paid for the Mosman park house shouldn't be a complete surprise. Perth has for many years boasted some of Australia's most expensive postcodes.

 

In a recent internet survey of Australia's most expensive suburbs, Perth locales comprised four of the top 15 spots, while Victoria had only one suburb in the list. The remaining ten spots were split 9:1 to NSW and the ACT.

 

Perth's record breaker had an original asking price that was rumoured to be north of $70m... Perhaps if the owners had advertised the house on homesales.com.au they might have broken the record by an even larger margin...

 


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