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2007 Winter

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Milsons Point/Lavender Bay, now and then<br />

Further growth occurred from the 1890s, following<br />

the establishment of a tram service and the opening<br />

of the North Shore railway line. Then continued<br />

in the early 1900s, although some houses and public<br />

buildings were demolished in the mid 1920s to<br />

make way for the approaches to the Sydney Harbour<br />

Bridge. Some growth occurred from the<br />

1930s, following the construction of the Sydney<br />

Harbour Bridge. The most significant development<br />

occurred in the post-war years.<br />

Development has continued in more recent years,<br />

with the dwelling stock nearly doubling between<br />

1991 and 2001. Milsons Point/Lavender Bay has<br />

experienced a massive increase in population between<br />

1996 and 2001, a result of new dwellings<br />

being added to the area, especially medium and<br />

high density housing.<br />

110 Alfred Street, one of the<br />

first buildings in Milsons Point<br />

to be converted to residential<br />

apartments by Walker developments.<br />

Many of the commercial buildings constructed during<br />

the 1970s and 1980s have been converted to<br />

high density residential apartments with a small<br />

portion of commercial and retail component. New<br />

high rise towers were also constructed up to 21<br />

floors and many of the apartments enjoy spectacular<br />

views of the Harbour, the bridge and Opera<br />

House.<br />

The Colonnades,<br />

Distinctively different.<br />

This trend that began in the boom time of the late<br />

1980s has continued in Milsons Point almost unabated<br />

as one building was completed another<br />

commenced construction. Refurbishment of office<br />

buildings and construction of brand new building<br />

has been very popular with most of the large residential<br />

development companies such as Mirvac,<br />

Walker development and more recently Platino<br />

Properties converting the old Yellow pages building<br />

in Glen Street. Mirvac has just completed an<br />

amazing conversion of 55 Lavender Street, Milsons<br />

Point and achieving prices per square meter never<br />

seen before in Milsons Point . The increase in the<br />

supply of property has not reflected on the prices<br />

as many predicted, in fact, on the contrary: values<br />

have continued to increase throughout the 1990s<br />

55 Lavender Road. The latest<br />

conversion by Mirvac. Most<br />

apartments look out onto Lavender<br />

Bay.<br />

Page 4

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