The 7 must-know numbers of the week, starting with the record-setting price paid for Sydney's Shangri-La Hotel

The 7 must-know numbers of the week, starting with the record-setting price paid for Sydney's Shangri-La Hotel
Cassidy KnowltonDecember 8, 2020

The record-setting price Hong Kong-listed Shangri-La Asia has paid for Sydney’s Shangri-La Hotel in The Rocks. Asian buyers have accounted for 93% of all hotel sales this year.

 


 

The amount of money being invested in the Square Kilometre Array in Geraldton, WA. The multibillion-dollar telescope project is "an international project involving 20 nations, and a site just outside Geraldton in Western Australia will provide the core of the development. This makes Geraldton a city of international importance and adds to its appeal as a place worthy of consideration by property investors," says hotspotting.com.au's Terry Ryder.

 


 

 

The approximate price Jackie O, the top-rating 2Day FM breakfast announcer, and her farmer husband, Lee Henderson, paid for their family home in Vaucluse, in Sydney's posh eastern suburbs last month. It’s a cosy five-bedroom 1920s abode. 

 


The year that Elders Real Estate, which claims the title of the oldest real estate agency in Australia, was founded.


The percentage of Melbourne dwellings that are apartments, according to the results of the 2011 census. This is down from 16.1% in 2006, discounting the perception that Melbourne is turning into a mini-Manhattan given the high-rise apartment projects in Docklands.

 


 

 

 

The percentage of family farms that don't make enough money to support the family. More than one-third of all family farms relied on adults living on the farm to earn wages elsewhere, reinforcing the stereotype that many farm wives have to work as local doctors, hairdressers and teachers for their families to survive.

 


The asking rent for the winner of the 2003 inaugural series of The Block, in Bondi. This is adjusted slightly downwards from its initial $750 asking rental. It's seemingly been rented.

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