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Bank of Mum and Dad buys 28-year-old daughter Bondi Beach apartment for $4.5m

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34/178 Campbell Pde, Bondi Beach sold for $4.5m. The guide was $4.2m.

The Bank of Mum and Dad is still well and truly alive in 2023, with expats snapping up a $4.5m Bondi Beach apartment for their 28-year-daughter after just one ­viewing.

The couple, who had been living in the UK, had just flown in when they decided to take their daughter to an open home.

“They looked at it on the Thursday and it was sold on the Friday, said Ray White Double Bay’s No.1 agent, Warren Ginsberg.


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One of the attractions of the three-bedder is the stylish kitchen.

But it also has ocean views.

He shared the listing of the three-bedder at 34/178 Campbell Pde, Bondi Beach with his colleague, Jordan L’Estrange.

The guide had been $4.2m, but the couple paid more to secure the property, which had ocean views.

Meanwhile in Tamarama, the beach market there is also hot, with a two-bedder attracting big crowds.

This spacious two-bedder at 1/8 Ashley St, Tamarama is attracting big crowds.

Part of the appeal is the large balcony overlooking the ocean.

Owned by photographer Gary Steer and his artist partner Ruth Law, 1/8 Ashley St, which has a spacious balcony and ocean views, ­attracted 62 groups to its ­Saturday open.

The apartment is in a well-maintained block of four with a sunny common courtyard. Tamarama, Bondi and Bronte beaches are close by.

Ray White Eastern Beaches agents Angus Gorrie and Samuel O’Reilly have a $1.8m price guide for a February 18 auction.

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