2007 Winter

Milsons Point/Lavender Bay, now and then
Rents have also kept a good pace, as with modern
secure buildings close to major transport facilities,
Milsons Point has been sought after by professional
people and corporate tenants for their executive
staff. Since the early 1990s the demand
has been consistently high.
Some of the properties are exposed to unreasonable
noise levels from Luna Park, have had their
rents devalued since the most recent opening of
Luna Park, also the tenants tend to stay for shorter
periods as the noise gets to them after a while.
This of course has a direct relationship to the values
of property. Properties that are affected by the
noise will have lower value than those that are not.
That is until when and if Luna Park shuts down, for
the last time with a little luck and common sense.
Bradfield Park, nearly became a parking station
for Luna Park. Thankfully it has been
preserved. New children's play ground; and
down below, boys during lunch enjoy a game
of football.
Milsons Point/Lavender Bay is nearly surrounded
by parks. Starting from the west with Watt Park
around Lavender Crescent down to Railway Avenue,
then at the Lavender Bay Wharf is the small
Quiberie Park connected to the bay side walk way
around Lavender Bay past Luna Park and all the
way to Kirribilli passing under the Harbour Bridge.
A beautiful walk
around Lavender
Bay.
Then there is the newly landscaped Bradfield Park,
considered one of Sydney’s most important public
spaces, stretching from the corner of Lavender
and Alfred Streets hugging the railway line past
Milsons Point station and continuing all the way
down to the harbour under the Bridge, the recent
children's playground on the corner of Alfred and
Fitzroy streets is a splendid addition by North Sydney
Council.
The beauty of Sydney Harbour is the main attraction
of wanting to be residents of Milsons Point; but
that is not the complete picture: the accessibility to
good private schools in Kirribilli and North Sydney,
the recently re-established parks and children’s
playgrounds, the trains, buses and ferries, the
beautiful walks along the Harbour and the Olympic
swimming pool are all contributing factors for the
demand to live in Milsons Point & Lavender Bay.
Views from Aquarelle, one of
the new medium rise buildings
near Luna Park
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