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GROWTH OF SYDNEY

SECOND WHITE CITY IN EMPIRE. UNIMPROVED VALUE £141,000,000. Sydney, May 1. Sydney claims to be the second white city in the British Empire. The city assessor has compiled statistics showing the development in recent years. The unimproved value of Sydney in 1895, when the first valuation of the city was made, was approximately £10,000,000. This to January 1, 1924, increased to £44,500,000. The value increased in that time from £53,000,000 to £141,000,000. The assessor claims further considerable development will be shown next year when the re-valuation again takes place. New buildings at present being constructed in the city represent an outlay of £2,750,000.—A. & N.Z.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19260503.2.49

Bibliographic details

Southland Times, Issue 19859, 3 May 1926, Page 7

Word Count
107

GROWTH OF SYDNEY Southland Times, Issue 19859, 3 May 1926, Page 7

GROWTH OF SYDNEY Southland Times, Issue 19859, 3 May 1926, Page 7