5 CBD Apartments Under $750K
Kanebridge News
Share Button

5 CBD Apartments Under $750K

Stylish city pads across Australia
on a budget.

By Terry Christodoulou
Fri, Mar 26, 2021 10:09amGrey Clock 3 min

140 Alice Street Brisbane City QLD 4000

Located in the luxurious Abian building – which offers first-class amenities, 24/7 concierge, lounge, pool, spa, gym, steam room sauna and treatment rooms – this apartment captures extensive views of Brisbane City. The 2-bedroom, 1-bathroom, 2-car pad arrives with a clean contemporary interior with travertine flooring and neutral tones throughout and is fitted with mirrored built-in robes and full-length glass windows.

Contact agent; Raywhiteeastbrisbane.com.au

 

 

195 Pier Street, Perth WA 6000

Set in the historical heart of Perth City’s north-east precinct this 3-bedroom, 2-bedroom, 2-car apartment comes in at a whopping 221sqm of living space, boasting a huge 118sqm courtyard. Designed for easy living, residents can embrace unique amenities and modern technology with the ability to choose a colour scheme on purchase. Further, the building offers rooftop amenities including a gym, residents’ dining and kitchen, entertainment room, bbq facilities, theatre and private study.

$690.000; Peet.com.au

 

1902/141 La Trobe Street, Melbourne, Vic 3000

Melbourne La Trobe

This north-east facing 19th-floor apartment offers a garden view in the heart of Melbourne CBD. The 2-bedroom, 2-bathroom apartment is situated in the Peak Apartment building which is a low-density offering with only five residences on each floor. Minutes from RMIT University, the State Library and Chinatown, it’s a chance to be in the midst of all Melbourne has to offer.

Contact agent; aus-pac.net/

 

211/130 Esplanade Darwin City NT 0800

This is expansive 3-bedroom, 3-bathroom, 2-car apartment gives stunning views over the harbour and Bicentennial Park of Darwin from its sixth-floor outlook. The apartment features a large galley style kitchen that overlooks the spacious lounge and dining room. The complex has two lifts, two resort-style pools, full-size tennis court, gym, a conference room and secure entry.

$702,000; ofndarwin.com.au/

 

1204/355 Kent Street Sydney NSW 2000


Located in the “Rex Apartment” is this light-filled 58sqm one-bedroom studio in the heart of Sydney’s CBD. Onsite facilities include an outdoor heated swimming pool and a well-equipped gym. Sleek contemporary interiors include an open plan bedroom, plus living and dining flowing to a balcony while the modern abode is within walking distance of Darling Harbour, Barangaroo, world-class shopping, dining and entertainment.

$675,000;  cityquarter.century21.com.au/

 

MOST POPULAR

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

Related Stories
Property
Another rate rise forecast, it’s just a question of how big
By KANEBRIDGE NEWS 06/02/2023
Property
THE SEASIDE APARTMENT THAT THINKS IT’S A HOUSE
By KANEBRIDGE NEWS 03/02/2023
Property
APARTMENT BUILDING APPROVALS ON THE RISE AS SECTOR POWERS INTO 2023
By KANEBRIDGE NEWS 02/02/2023
Another rate rise forecast, it’s just a question of how big

Amid looming rate rises, there are reasons to be cheerful as mortgage holders head into 2023

By KANEBRIDGE NEWS
Mon, Feb 6, 2023 2 min

Mortgage holders should brace themselves for more pain as the Reserve Bank of Australia board prepares to meet tomorrow for the first time this year.

Most economists and the major banks are predicting a rise of 25 basis points will be announced, although the Commonwealth Bank suggests that the RBA may take the unusual step of a 40 basis point rise to bring the interest rate up to a more conventional 3.5 percent. This would allow the RBA to step back from further rate rises for the next few months as it assesses the impact of tightening monetary policy on the economy.

The decision by the RBA board to make consecutive rate rises since April last year is an attempt to wrestle inflation down to a more manageable 3 or 4 percent. The Australian Bureau of Statistics reports that the inflation rate rose to 7.8 percent over the December quarter, the highest it has been since 1990, reflected in higher prices for food, fuel and construction.

Higher interest rates have coincided with falling home values, which Ray White chief economist Nerida Conisbee says are down 6.1 percent in capital cities since peaking in March 2022. The pain has been greatest in Sydney, where prices have dropped 10.8 percent since February last year. Melbourne and Canberra recorded similar, albeit smaller falls, while capitals like Adelaide, which saw property prices fall 1.8 percent, are less affected.

Although prices may continue to decline, Ms Conisbee (below) said there are signs the pace is slowing and that inflation has peaked.

“December inflation came in at 7.8 per cent with construction, travel and electricity costs being the biggest drivers. It is likely that we are now at peak,” Ms Conisbee said. 

“Many of the drivers of high prices are starting to be resolved. Shipping costs are now down almost 90 per cent from their October 2021 peak (as measured by the Baltic Dry Index), while crude oil prices have almost halved from March 2022. China is back open and international migration has started up again. 

“Even construction costs look like they are close to plateau. Importantly, US inflation has pulled back from its peak of 9.1 per cent in June to 6.5 per cent in December, with many of the drivers of inflation in this country similar to Australia.”

MOST POPULAR
5 MOST EXPENSIVE PROPERTIES OF 2021

The largest single-dwelling sales of the calendar year.

The iconic bootmaker is now solely in local hands.

0
    Your Cart
    Your cart is emptyReturn to Shop