Woolloomooloo 14 Wharf


Trees 19


CloCkwIsefromtop rIght


The viewfromthe Wharf


Theoriginal conveyer equipment canstill be seen inside this historic building


Visitors to theWharf area areoftenonthe lookout for famous residentRussell Crowewhohas a homethere


conveyor belt equipment usedwhen the complexwasawharf.The thirdstrataplanisat theNorth of thepierand isanewconstruction. At the timeitwas completed, thiswas themost expensive apartment address in Sydney.” As well as thethree residentialstrata


schemesthere is acar park,acommercial development, a berthing facility for the sailing fraternity and a retail scheme– occupied by someof Sydney’smost famous restaurants including Otto’s and Kingsleys. Thehotel –The Blue–isaboutiquehotel that


has exclusiveuse of sometheconcourse area, whichhas beenbeautifully transformed into a gorgeous bar. TheWharf is oftenusedtohostmany high


profile events with the residents happily supportingmajorfundraising efforts such as theannualSonyFoundation“WharfforWard” event,whichraisedhalfamillion dollarsto support teenagers with cancer last year.


Flat Living Autumn2012 HoWdo cosTs compare?


InAustraliatheaverage incomeis higher than that in theUK. The current average salary is $54,750 AUDper annumor £35,189 (source:www.expedia. co.uk)whereasUKaverage incomestands at £26,000 per annum. Incomesmay be higher but so arehouse


prices. Accordingtothe LandRegistry,the average UKhousewillset youback around £160,400-equivalent to about$250,000AUD at thecurrent exchange rate. With the average Australian housecosting around$470,000AUD, this means homes downunder


are88%more expensive. To give youanideaofwhat youwould get for your money,$460,000AUD (around£295,000)would buyyou atwo-bedroomflat inaPerth suburb (source: www.aussiemove.com)or aone-bedroomriverside apartment inMelbourne.


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