The history of Real Estate in Potts Point, one of Sydney’s prestigious Suburbs with rich History
Potts Point is considered one of the most prestigious and luxurious locations in Sydney. Many of the residents in Sydney consider it to be the heart of the city, which is why the properties here are always in high demand and command a high price as well. There are many things to love about this location and some of them are mentioned below:
- Contains a large number of heritage buildings
There are several grand and beautifully preserved Georgian mansions in the Potts Point area, which gives the suburb a very vintage and historical feel. There are terraced homes in Victoria Street, beautiful mansions in Roslyn Street, and other such properties dating back to early 1800s.
- Lots of celebrities live in the area
This location is home to a number of celebrities and people of note. Famous individuals like Dinah Lee, Anne Summers, Paul Keating, Raelee Hills, etc, have lived or currently reside in Potts Point. The popularity with celebrities also has an impact on the value and demand of properties in this location.
- One of the most affluent areas in Australia
This is one of the most affluent areas in Australia, which ensures the properties here will always be in demand. In fact, Potts Point has enjoyed 100% sales rate and record high property prices for a while now. Any purchase here is a good investment and will lead to great potential profits down the line.
- World famous for nightlife and infamous history
As mentioned before, Potts Point is an affluent place, which means it has to have great entertainment and shopping options in its vicinity. This suburb has great nightlife with a number of excellent bars, clubs, and restaurants in and around it. There’s no lack of entertainment for visitors and residents alike.
If you want to know more about properties in Eastern Suburbs, contact us at Ron Danieli Real Estate or give us a call at 02 9358 8998.