DEMAND from downsizing empty-nesters is pushing up prices for quality apartments in Sydney’s exclusive eastern suburbs, agents say.

A stylish Art Deco unit in ­Double Bay sold for $2.375,000 on Saturday— $475,000 above its ­reserve price — through Sothebys agent Chris Helich.

The auction was one of 532 held around Sydney. With 341 of the results in, CoreLogic put the clearance rate at 70.9 per cent, almost identical to last week’s 70.8 per cent.

At the Double Bay auction, leading buyer’s agent Stuart Jones, of Rose & Jones, who was one of the underbidders, was stunned at the price, but added that the shortage of such apartments in Woollahra, Potts Point and Double Bay was to blame.

“I am surprised it got so high when there’s no lift,” he said.

“But Double Bay is an empty-nester, downsizer market — it’s a level walk to shops, ferries and transport.

“People might say, ‘oh, that’s a ridiculous price’, but if you’ve just sold your $4 million home and you’ve got a budget of $2.8 million, if you buy something like that for $2.5 million it still puts $300,000 in the bank.”

After all, it’s probably the last stop. Who cares how much it costs if you can afford it?

The 119 sqm two-bedroom third-floor unit in The Pierre at 5/21 William St is reminiscent of one of the grand old apartments of New York or ­Europe.

Sotheby’s agent Chris Helich said the final result was “phenomenal. They don’t make them like this any more — it’s one of a kind.”

There had been 300 inquiries and downsizers were super keen. But while the beautiful old stairs added to the charm, for many the climb to the third floor was too much.

You can always

For that reason, it is vital to pick a service provider that can supply you with these capabilities together with

If you’re

They make it a point to meet

The

The company must then get in

You want somebody who not only knows how to write good research papers but also writes them

They need to

However, a good essay

There are

This will let you get your copy at a very reasonable cost that is cost effective for your budget that

As universities and colleges become more and more reliant on outside resources for completing class requirements, more students are discovering themselves required to compose a lot of

Each one of those parts of the paper is every bit as important,

You ought to

Most writers will probably be happy to assist you find

A student can locate all of the gear needed

A review of the articles of the paper can be required in most

This is essential for you to consider since in the event you find that your study paper is disappointing, you can go back

* Before you enroll with cheap essay writing solutions, you need to read the contract research paper writing service carefully.

and receive your money back.

research papers.

for an online essay support in their property.

a suitable paper author for your requirements.

be able to show your reader that you have an opinion about a specific issue or topic.

though the introduction is most likely the most important.

content on a regular basis.

you have.

a few things that have to be addressed to be able to make sure that the article is filed correctly.

should not only be well written, but it also needs to be formatted correctly for optimum readability on a monitor screen.

always be willing to help you with solutions to your problems and provide you advice.

nicely.

touch with you in order to get your essay back in a timely way.

majority of these providers provide editing and proofreading too.

with the deadline and deliver superior work and result-oriented projects.

fighting to write your papers then you might want to look into this service so that you are able to ensure that you are doing what you have to do so as to get through this tough time.

other individuals.

hire expert essay helpers who can help you finish each and every assignment in a timely manner, in full of all necessary details.

“If there’d been a lift and an outdoor area we might have got even more,” Mr Helich said.

As auctioneer Mark Morrison called for bids, Mr Jones offered $1.85 million, with the man acting for the eventual buyer, a woman who looked to be in her 60s, offering $1.9 million. The $50,000 bids flew between four of the six registered parties.

The buyer’s intentions are unclear — she declined a request for a chat.

But apart from the grandeur and size of the apartment — which had been stylishly refurbished and restored 20 years ago — I loved the views across the rooftops.

From the main bedroom, my favourite outlook was the white Juliet balconies of the nearby Intercontinental, where INXS frontman Michael Hutchence was found dead in 1997 and the late Princess Diana stayed a year earlier.

 

Click here to view the article written by Stephen Nicholls of The Wentworth Courier

“$2.5m is nothing you’ve just sold your $4m mansion” says agent