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The modest and affluent harbourside neighborhood of Point Piper is located in the Woollahra municipality, six kilometres to the east of Sydney’s central business district. It is located in Sydney’s eastern region.
In the past, Point Piper was considered to be Australia’s most expensive district. Wolseley Road was ranked as the ninth-most expensive street in the world in 2011 with a price of $38,900 per square metre.
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