Living among the trees in the hippest part of the city
There’s more to this suburb than brick pits and freeways
< 1 min
It’s a part of Sydney that is often overlooked but the unassuming suburb of St Peters in the inner west has a lot to offer the discerning buyer.
Once better known for its brick chimneys than its beautiful locale, it is now coming into its own as people looking for a little creative culture get priced out of nearby neighbourhoods such as Marrickville and Newtown.
So in an area where land and green space is scarce, it’s hard to pass up a property like 2 Crown Street. Offering four bedrooms and two bathrooms over two levels, the home backs onto the best park in the suburb, Sydney Park.
Surrounded by tree canopies, there’s a sense of living in the treetops, which is further enhanced by the easy flow between indoor and outdoor spaces.
While the integrated stone kitchen overlooks the open plan living area bathed in north easterly natural light, it’s the master bedroom on the upper floor that’s the showstopper, with bifold doors that retract entirely to lead onto an enclosed terrace amongst the trees.
Surrounded by primary and secondary schools, this is an ideal family home located within easy walking distance of St Peters Station and the burgeoning restaurant district of south King Street. A spacious double garage with ample storage is fittingly embellished with landscaping.
Address: 2 Crown Street, St Peters
Auction: 10.30am, March 25, 2023
Price Guide: $2.1 million
Agent: Brad Gillespie, Property Partner, The Agency, bradg@theagency.com.au 0418 448 295
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
Villa prices saw particularly strong growth, with capital values increasing by 33.4 percent year-on-year
< 1 min
Dubai’s real estate market showed strong performance in the second quarter of 2024, with notable increases across the residential, office, and retail sectors, according to a new ValuStrat real estate report for Q2 2024.
Villa prices experienced particularly strong growth, with capital values rising by 33.4 percent year-on-year.
Haider Tuaima, Director and Head of Real Estate Research at ValuStrat said: “The Dubai real estate market has shown impressive growth and resilience in recent months. The ValuStrat Price Index for Residential Capital Values increased by 6.4 percent quarterly and 28.2 percent annually, reaching 178.2 points.
“Despite severe flooding caused by record rainfalls in April, the quick and effective response from developers and authorities helped to control the damage, ensuring that market activity and property valuations remained robust in the subsequent months.”
The office sector also performed well, with the VPI for office capital values surging by 31.7 percent annually and 9.4 percent quarterly, reaching 212.5 points—the highest quarterly increase in a decade.
In the retail sector, Emaar Properties reported 98 percent occupancy in their prime mall assets, while overall mall occupancy stood at 96 percent during the first quarter of 2024. The hospitality sector also saw growth, with total international guests reaching 8.12 million as of May 2024, a 9.9 percent increase compared to the same period last year. Hotel occupancy reached 81 percent, rising by 1.4 percent year-on-year.
Despite these positive indicators, Tuaima added, “The decline in transaction volumes calls for a closer examination of market dynamics as stakeholders navigate this evolving landscape.”
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
