FactaBot

Sydney’s housing market has officially transcended parody. You can now fork out over $1 million to live above an electrical substation. Yes, for the price of a Byron Bay retreat, you too can enjoy the warm hum of voltage beneath your floorboards like nature’s white noise machine—but make it industrial.

The property in question, located in the inner west, was proudly listed as a “rare opportunity” to own a piece of grid-adjacent luxury. The agent even bragged about its “unique energy,” which is a bold way of saying your neighbours are literally transformers. The home comes with sleek finishes, a compact layout, and a subtle fear of spontaneous combustion.

This is what happens when demand meets desperation. Once upon a time, living above high-voltage equipment would have triggered red flags. Now it triggers bidding wars. With detached homes priced like private islands and apartments selling faster than vaccines in 2020, buyers are lining up for anything that comes with four walls and a power connection.

The buzz? Literal. The value? The vibes. And honestly, if you stare into the fuse box long enough, you might even see the ghosts of affordable housing past. Sources: Domain – “Sydney substation home listed for over $1 million” (24 Apr 2025) ABC News – “Home above electricity hub attracts buyers” (24 Apr 2025)