$5.425 million Manly apartment tops weekly apartment sales

The apartment is located on North Steyne

$5.425 million Manly apartment tops weekly apartment sales
$5.425 million Manly apartment tops weekly apartment sales

Sydney's Manly had the nation's top recorded apartment sale last week when $5,425,000 was paid for an apartment on North Steyne.

The 6/93-95 North Steyne is positioned on Manly’s coveted beachfront strip with a north east aspect.

It sits in the Manly Oasis complex.

The 210 sqm apartment had been recently renovated before its sale through Clarke & Humel.

It is three bedrooms, three bathrooms plus study area.

It last sold in 2007 at $1.963 million. It first sold in 1991 at $540,000.

There was a national 63 percent auction success rate for apartments and townhouses over the past week, according to CoreLogic.

Sydney saw a slightly higher 67 percent success rate.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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