2.75m in Darlinghurst

Keep in mind $145k to $2.75m is only 12% return pa.

I think the problem in Australia is people dont understand how inflation works (also would be interesting to know what capital improvements have been done over the last 30+ years).


https://www.domain.com.au/news/historic-darlinghurst-cottage-sells-for-450000-over-reserve-in-hot-auction-20170218-gufx0u/