- Gold coast
Penthouse Sales Continue To Rise, Breaking Records
Back to blog homepageJuly 30th, 2013 | Meriton Apartments
Penthouse apartments offer amazing views, luxurious living and fantastic locations in the inner-city. Demand for these luxurious apartments is clearly on the rise, particularly in Australia where the prestige property market is booming.
Real estate agency CBRE holds the record for the highest sale: two penthouses sold as one apartment in Bondi for $21 million. The $21 million purchase was made by fund manager Will Vicars.
According to reports, the high demand from Asian buyers has helped push the prices of the Australian prestige property market higher and higher.
Managing Director of CBRE David Milton said that the company has several clients looking to buy in the $15 million range.
Developers are reacting to demand by adding more penthouses in their new apartment blocks. In Central Park, for example, the Sky apartment has thirty eight penthouses instead of the usual one or two.
- The 24-Hour Gold Coast Christmas Shopping Guide
- Top Restaurants Near Meriton Serviced Apartments Parramatta
- Top 5 Things to Do During Your Sydney Layover
- Fresh Ideas for your Brisbane Stay
- What to do in Sydney During The October Long Weekend
- Launch Promotion! 4 Brand New Properties On Sale in September!
- Find Your Style in Sydney
- Finding the Gold Coast’s Best Live Music
- Getting Sporty in Sydney
- How to Make the Most of a Winter’s Day in Sydney
- Baggage Allowance Guide for EVERY International Airline
- 14 Things for Travellers to Do in Brisbane on Christmas Day
- 11 Picturesque Beaches Just a Stone’s Throw From Brisbane
- What Americans Really Think of Australia
- A Guide to Road Tripping from Sydney to Byron Bay
- Most Unusual Restaurants in Sydney
- The Top 15 Beaches on the Gold Coast
- Sydney’s Gay and Lesbian Scene: Where’s Best and When Should You Go?
- Spoil Someone Special
- The Top 5 Most Exclusive Places to Get A Drink in Sydney
- Advantages of Serviced Apartments
- Aussie Culinary Scene
- Brisbane Special Events
- Business Travel Tips
- Corporate Travel in Australia
- Gold Coast Special Events
- Holiday Accommodation Ideas
- Press Releases
- Queensland Travel Tips
- Romantic Getaways
- Serviced Apartments
- Short Stays
- Special Events
- Sydney Special Events
- Travel Tips