Sydney's most expensive auction shows 23% annual price appreciation

Sydney's most expensive auction shows 23% annual price appreciation
Sydney's most expensive auction shows 23% annual price appreciation

A $3.615 million converted warehouse in Redfern was the weekend's most expensive Sydney sale. 

The warehouse home has three bedrooms, however has approval for four bedrooms plus a studio.

The original industrial detail has been maintained, with exposed brickwork, wooden flooring and timber beams.

The property has more than doubled since it's $1.43 million sale in 2012, an impressive annual appreciation of 23.86 per cent.

William Phillips of Bresic Whitney Darlinghurst sold 73-75 George Street

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Auctions Residential Sales

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