Buyers charged $2000 fee to see Sydney blocks of land as prices soar
Sydney's property market is so overheated prospective buyers are paying $2,000 fees just to view blocks of land that are 84km from the city centre. Developers Lendlease and Mirvac are both selling house and land packages, from $800,000, on the city's south-western outskirts. And competition is fierce. While expensive, basic houses in new, master-planned suburbs are marginally more affordable than Sydney's record $1.147million median house price, which increased by 11.2 per cent during the first four months of 2021, CoreLogic data showed. But many of these outer Sydney house and land package...