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Prospective buyers have been locked in a frantic scramble for properties in Western Sydney as a new report confirmed that most of the country’s fastest selling properties are in the region.
Statistics from RP Data revealed that five out of the country’s 10 most popular housing markets are concentrated in Western Sydney, with a further two Sydney suburbs in other city regions making the list. The only other state to register a mention was WA with Coolbellup and Lynwood making the list.
The southern Gold Coast apartment market is about to get a boost with the limited release of luxury apartments in the $85 million Sanbano residential tower.
The Chinese-backed Marine Parade Holdings Pty Ltd is set to release to the 10 fully furnished, whole floor apartments.
The Sanbano apartments, at the corner of Marine Parade and Dutton Street in Coolangatta, are priced in excess of $2.7 million each.
