Friday, November 8, 2024

Real estate is the official religion in Australia

 

405/1 Herarde Street, Batemans Bay, NSW 2536

 

Its god wears a pin-striped suit and goes by the name of Cash, Mr More-and-More Cash. And what do you get for more and more cash? A lot of glitz and a lot of glass but not much land and even less privacy - but who wants privacy if you want to show off your wealth?

 

 

"Looking for something special? This exquisite 4-bedroom, 3-bathroom penthouse offers a luxurious lifestyle with breathtaking water views and modern amenities, all within a prime coastal location. Priced at $3,250,000, this property is a rare gem that combines comfort, style, and convenience." Pity they don't also chuck in a free supply of Windex®.

And it's for sale right here in little Batemans Bay which was holding its collective breath when its first half-a-million-dollar unit went on sale just after I had come down here thirty years ago. Now even the shabbiest "renovator's special" sells for more than a million dollars. God is great!