How much extra would you pay for a home with water views in Sydney?

 Sydney’s cashed-up home buyers have long paid top dollar for properties on the waterfront, but the premium required has soared to new heights.

Waterfront properties in the harbour city now typically cost more than twice the price of their inland counterparts, but premiums can reach well above that in highly desirable pockets.

Sydney recorded an average waterfront premium of 121 per cent last quarter, topping the latest Knight Frank International Waterfront Index, which compares the prices of such homes with equivalent properties set back from the water. That is up from a 95 per cent premium in 2019.

Read More: https://www.smh.com.au/property/news/how-much-extra-would-you-pay-for-a-home-with-water-views-in-sydney-20220811-p5b8xg.html



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