Just a question on Sydney lower north shore suburbs (Neutral Bay, Artarmon, Chatswood,Mosman, Cremorne, Cammeray, North Sydney etc.). Since 2011, Sydney dwelling prices have gone up by good 70-80% in growth suburbs (innerwest, blacktown, liverpool, lakemba & surrounds). However, the growth for the premium suburbs has been a lot modest in comparison. For example, units in lower north shore have gone up by just 40% and houses aren't much better either. Leaving the waterfront & water views properties aside, a typical 3 bed room unit/townhouse in small block in lower north shore isn't that much more expensive compared to same area unit/town house in some of the inner west suburbs like Summer Hill or even Concord West, Strathfield etc.. Why is that?