Golden soil | Quality earth and running water were the defining factors in Australian real estate evaluation 100 years ago

Golden soil | Quality earth and running water were the defining factors in Australian real estate evaluation 100 years ago

While today suburb prices are dependent on quality cafes and dining establishments, a century ago it was just good soil and running water that was all the rage.

Real estate in Sydney has changed drastically since; back then, Bronte was considered a new suburb, and the now affluent Vaucluse was considered a moderate-income suburb – a block of land could be purchased with a £5 deposit, the equivalent of around $430 today.

Western Sydney was dubbed as a country region with the best soil in the district, perfect for farming poultry and vegetables, with realtors choosing to focus on the pros of being further away from the city centre such as perceived health benefits.

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