What real estate does $1 million buy in Sydney?
Property prices in Sydney have taken a bit of a tumble from their heady heights, so what can a lazy million dollars buy you in the Harbour City these days?
After rising 27.7 per cent Sydney home values are now down 13.5 per cent since peaking in January 2022. (Image source: Shutterstock.com)
Forty-four square metres.
Quirky website themeasureofthings.com says it’s roughly equivalent to 11 king size beds, 40 times as big as your average bath towel, or one-one hundredth the size of Bill Gates’ home.
Forty-four square metres is also the luxury residential property space $1 million can buy you today in central Sydney
, putting the NSW capital neck and neck with Paris ($1 million for 43sq m) and making prime properties in the Sydney mark…
