Connect with us

Local News

Maroubra suburb record smashed with $14m sale amid post-COVID FOMO, and now TINA



16 Mermaid Avenue, Maroubra, sold for $14m last week, setting a new suburb record.

Not only was the Tamarama suburb record smashed with a $16.5m sale last week, so was Maroubra’s with a $14m sale as buyers passion for trophy homes by the coast soars.

“There’s an unquenchable thirst for housing, FOMO [Fear of Missing Out] and TINA — There is No Alternative,” says leading prestige residential valuer Simon Feilich, director of Dyson Austen.

The five-bedroom, five-bathroom Smyth & Smyth-designed home with six-car garage at 16 Mermaid Avenue, Maroubra — which records show was owned by Buildquip director Connie Stojic — sold last Tuesday via Sotheby’s managing director Michael Pallier.

The previous house price record for…

Click here to view the original article.

Continue Reading

You might also like ...

FROM WARIALDA TO THE QUEENSLAND OUTBACK Meet Warialda’s Rosie Mayne, who is ab…
Twelve Golden Globe-Winning Films and TV Shows to Add to Your 2021 Must-Watch List – Concrete Playground