Melbourne & Victoria
Trump win draws more foreign buyers
UPDATE: Trump winning the US Presidency will lift the number of foreign buyers interested in the Australian property market.
Sky-high price tag for Eureka penthouse
ONE of Melbourne’s most expensive apartments, atop the city’s tallest building, has hit the market with a whopping price tag attached.
Photo series campaigns for respect
A NEW photography series launched by Porter Davis homes aims to improve the communities the company builds houses in using #campaignforrespect.
Jollys sell Kew knockdown at auction
DARREN and Dea Jolly have pocketed a massive payday from the sale of their controversial Kew East knockdown.
Mulkearns estate on the market
A BEACHFRONT property left by a Catholic bishop blamed for moving around dozens of paedophile priests is up for grabs and it’s just two doors away from one of Victoria’s most iconic homes.
Melbourne nation’s fastest growing capital
MELBOURNE’S median house price has lifted more than $55,000 in the past 12 months, according to new figures from CoreLogic.
Past-its-prime Parkdale home tops $1.2 million
A RUNDOWN Parkdale home had all types of buyers competing for its prime potential, pushing it close to $1.3 million at auction.
How to renovate for a profit
THE women behind Three Birds Renovations are showing average Aussie homeowners how to turn dumps into dollars.
Olympic champion sailor sets new course
OLYMPIC sailing gold medallist Mark Turnbull will be hoping a buoyed auction market helps his home in Melbourne’s southeast sell for more than $2 million.
Holiday like a celebrity
THEY’RE the holiday rentals that dreams are made of. Some celebrities pay more than $20,000 a night in luxurious surrounds.
What landlords want
LANDLORDS might be characterised as money hungry investors, but when it comes to what they’re looking for in tenants they’d rather good renters than extra cash, according to a new report.
Cricket champ calls stumps on home
AUSTRALIAN fast bowler Peter Siddle and his fiancee Anna Weatherlake are selling their home in Melbourne’s inner south ahead of their wedding.
Faux French homes outprice real deal
FAUX French homes in Melbourne’s leafy east are selling for more than the real deal. But with Bastille Day on July 14, why not indulge in a little French luxury?
Northcote beauty a record breaker?
A RESTORED Federation-era house in Melbourne’s inner north has been tipped to potentially top $4 million at auction. Take a look inside.
Footy Show star’s former pad for sale
A SLEEK St Kilda apartment that was “designed for lounging” and once owned and updated by The Footy Show’s most controversial panellist is on the market.
Real estate ‘intern’ in $5000 rip-off
A HAWTHORN real estate agency will cough up $5000 in wages owed to an employee who was paid just $9-an-hour for four months as an “intern”.
Western suburbs star as clearance rate stalls
A NUMBER of homeowners looking to sell before the federal election have been left disappointed as the Melbourne clearance remains below 70 per cent. SEE ALL THE RESULTS HERE
Inner city unit blocks put on ice
PROPERTY developers put off by the glut of new apartment buildings and building costs are pulling the breaks on construction.
Unwanted unit from The Block
JUST one month after winning a $1.735 million apartment from The Block in a raffle, the mystery owner has put it back on the auction block.
How much house does $10m get you?
THIS landmark mansion has eight bedrooms and a $10 million price tag fit for any of Australia’s elite suburbs, but its Melbourne postcode might shock you.
Rare period gem hits the market in Sunbury
A PIECE of Sunbury’s architectural history will be up for grabs when a home built in 1913 from materials salvaged from an old school goes under the hammer.
Melbourne’s quirky homes for sale
THEY’RE nice, they’re different, they’re unusual, as Kath Day-Knight would say. Here are some of Melbourne’s best quirky grand homes on the market.
Whole neighbourhood for sale for $100m
TWENTY-five neighbours in one suburb are selling their homes together in a sale that could net $100 million.
Sale of the century
ALMOST 100 years ago Richard Aloysius bought his family a home in Melbourne’s north. Five generations later, his descendants are selling up.
AFL player’s St Kilda pad for sale
ST KILDA star Sam Fisher’s first foray into property is on the market — but buyers may have to win a contested possession as there’s plenty of interest.
Melbourne property a cash machine
HAVE these crude Photoshop skills summed up Melbourne’s booming property market?
Bulldogs boss fails to sell Fitzroy terrace
WESTERN Bulldogs chief operating officer Michael Quinn is still searching for a buyer after his striking Fitzroy terrace passed in at $2.2 million. AUCTION RESULTS HERE
Where are our next boom suburbs?
SEARCHING for a property that will deliver high capital growth? Three Melbourne regions are among Australia’s top 10 property hot spots.
Cashed up? This whole Tassie town is for sale
WHY buy a Melbourne mansion when an entire Tasmanian town could be yours? This one comes with 33 art deco homes, a cafe, church, caravan park, fishing dam and cattle, all for an estimated $13m.
House sells despite ‘bizarre’ dirty tactic
DIRTY tactics were in play at a Melbourne auction after someone tampered with a mailbox number, but the property still sold. SEE AUCTION RESULTS.
Crackdown on dodgy house quotes
UPDATE: REAL estate agents caught underquoting Victorian properties could be stripped of their commission and cop hefty fines of up to $30,000 in a bid to help frustrated house hunters.
Cat’s home sells in pre-season win
A GEELONG young gun has already kicked his first goal of the season, selling his four-bedroom home last week.
Charity auction a big win for kids
A MELBOURNE house built entirely by volunteers raised more than half a million dollars for a children’s charity.
Skinny home sells for fat price
MELBOURNE’S inner north continues to be a real estate hot spot, as buyers fought at auction for houses big and small.
CBD offices on the radar
SMALL to medium China-based companies seeking a business presence in Melbourne lead a surge in offshore buyers wanting to buy CBD office space.
Singles flock to Carlton
IF you’re in the market for love, then a move to Carlton might be just what you need. Check out which Melbourne suburbs are home to the biggest proportion of singles.
Offers flood in ahead of charity auction
THE highest bidder won’t be the only winner when this brand new Melbourne home built by volunteers goes under the hammer this month.
Millions of development dollars in limbo
CASHED up foreign buyers could be shut-out of the market for new luxury homes in Australia’s premier suburbs under a new guideline.
Melbourne leads sluggish rents growth
RESIDENTIAL rents are growing at their slowest rate on record, but Melbourne tenants have been dealt the nation’s biggest rises.
Mansion ‘placing lives at risk’
IT was once a beautiful seaside mansion, but now local residents fear its only a matter of time before someone is seriously injured there.
Your chance to live like the Flintstones
IT may look prehistoric on the outside, but this home locally known as the Flintstone house is something out of this world. Take a look inside.
Foreign investor reaps $900,000 windfall
A MALAYSIAN national has earned a massive pay-off from the forced sale of an illegally owned mansion in Melbourne’s east.
Renters want pet ban to end
HAVING a pet is the one thing that makes finding a rental even harder for thousands of Victorians. And the union wants the rules to change.
Secret sale price finally revealed
THIS luxurious eastern suburbs estate, with infinity pool, tennis court and wine cellar, sparked an internet frenzy when it was listed for sale. Exactly how much did it sell for?
Could you live in a tiny house?
COULD you give up your spare bedroom, media room and multiple living areas and move into a tiny house? These people have decided to do just that.
Life’s a beach for a cool $600k
ANY beach lover would want to bunker down in this Portsea boat shed, but it comes at a cost. Despite it’s diminutive size it will cost almost as much as a home in Melbourne.
When buying is cheaper than renting
SMALL apartments in Carlton and Melbourne’s CBD could be rent-making machines for investors, as new data shows it’s cheaper to buy than lease one-bedroom units in the suburbs.
Millionaires everywhere
THE line marking the spread of Melbourne’s million dollar suburbs has moved east and north in 2015. New figures from CoreLogic RP Data show where they are.
Why you should move to Moe
IT’S been the butt of many a moccasin joke over the years. But there are some really good reasons you should think about moving to Moe.
Melbourne’s spring auctions bonanza
AUCTION records are set to tumble in Melbourne as the bumper spring selling season comes to an end this week, with 1850 homes scheduled to go under the hammer.
All yours, all done ... for more than $20m
UPDATE: A TOORAK mansion is understood to have achieved the highest sale price for a house in Victoria this year in a super secret sale.
Melbourne in record home building boom
CONSTRUCTION began on a record number of new homes in Victoria in the last financial year, according to a new report.
Historic $9.4m mansion to be demolished
A KEW mansion formerly owned by the Hawthorn footy club president is set to be knocked down.
Neighbours’ $4 million payday
A PAIR of neighbours have reaped a $4.428m windfall after selling their parcel of three Glen Waverley properties to an investor.
Unit sales losing heat
MELBOURNE’S once red-hot unit market continues to cool, with research showing the number and value of sales are half what they were a year ago.
We’re the cheapest state for renos
VICTORIA boasts the best value tradies in Australia, with renovation costs falling in the state compared to this time last year, a new report says.
Virtual reality display home tours are a thing
A MELBOURNE building company has launched “virtual reality tours” of display houses in regional Victoria to save time-poor residents travelling long distances to view home designs.
Abandoned home fetches big price
IT IS considered unliveable and has been abandoned for more than three decades. Yet someone has just paid $1.51 million for it.
Capitol Grand price to hit the heights
THE record for Australia’s most expensive apartment is set to tumble before the year’s end, the man inking contracts for the Melbourne skyscraper says.
The spiralling cost of renting in Melbourne
MELBOURNE’S weekly rental rate has experienced the equal highest rise of all capital cities over the past year – but there is some good news for tenants.
‘I’ve not seen another house done in this way’
FANCY walking through a glass passage over a fish pond on your way to make breakfast? This rare St Kilda property could be for you.
Jim calls last drinks on his own pub
THIS house really raises the bar — it boasts a mini country pub out the back. And now the owner of the Ferntree Gully home is calling last drinks and selling up.
Suburban office sales spike
SALES of suburban offices are running at fever pitch, with the value of deals outside the city outstripping CBD transactions by $30 million so far this year.
How long will it take to sell your house?
HOUSES are selling in an average of just three weeks in some Melbourne suburbs — so why has this house been on the market for 2½ years?
House price soars $1m in 12 months
A MODERN Doncaster home has fetched $2.4 million under the hammer, delivering a windfall of more than $1 million in 12 months.
Piping hot home pizza ovens
How better to spend a weekend evening then tucking into a fresh slice of pizza by a crackling wood-fired oven. We deliver five delights from the menu.
Owners caught in $2.2m auction drama
THE owners of this house in Melbourne’s east were celebrating when the hammer fell for $2.2 million in their auction. But the drama was only just beginning.
Auctions bounce back after lull
MELBOURNE’S spring selling season restarts this weekend. SEE AUCTION TIMES HERE.
Jollys on the block over ‘illegal demolition’
A MELBOURNE council has demanded reality TV renovators Darren and Dea Jolly rebuild a heritage-listed home they controversially demolished without a permit.
Are you this desperate for a rental?
IT might be tough to find a decent place to rent in Melbourne, but would you settle for a tent on a balcony? One landlord is offering just that for $90 a week.
Melbourne home values rise highest
MELBOURNE’S home values again rose higher than any other capital city in the last quarter, but the growth was slower than in previous months.
Boat shed with no power fetches $615k
A HUMBLE timber boat shed on a secluded Mornington Peninsula beach has sold for a record $615,000.
Owner wins bidding race for beach box
A MELBOURNE racehorse owner won big in the property stakes today, snapping up a Mornington Peninsula beach box for a record price for the foreshore.
The dream is alive and well
THE great Australian dream of home ownership has not diminished among Victorians despite a 56 per cent increase in capital city home values over the past decade, figures show.
Cup action slows Melbourne auction run
THE Melbourne Cup carnival will rein in the city’s galloping auction market this weekend, with just 514 homes headed to auction. SEE AUCTION TIMES HERE
Foreign buyers most active in Victoria
UPDATE: FOREIGN buyers are snapping up more established homes in Victoria than ever before, accounting for 15 per cent of sales in the market in the most recent quarter, a new report says.
Coles’ vines on sale block
THE wineries behind Coles supermarkets’ largest private wine label supplier are on the market after the company was placed into receivership.
Bids ahead of auctions carry risks
WHY homebuyers trying to gazump the competition with a pre-auction offer must weigh up whether they’ll end up paying too much for a property.
This house is out of this world
A UFO has been sighted in this historic Australian town— and it could be yours for just $50,000.
Buyers rush to snap up by the bay
MELBOURNE’S southern suburbs are chock full of attractions - and they are luring apartment projects, and buyers, in droves.
Best of the west lures apartment buyers
THERE was a time not too long ago when developers saw Melbourne’s west as a cluster of down-at-heel suburbs with not much going for them. But now, they’re clamouring to get in.
Apartments ease squeeze in leafy east
THERE’S a luxury apartment boom in Melbourne’s established eastern suburbs - and means the traditional “location, location, location” cry of real estate agents is changing.
Bright lights of city living dazzle buyers
THE dream of living among the stars first showed signs of seducing Melburnians in about 2008 - and it hasn’t lost its lustre.
Old industrial sites get new lease on life
MELBOURNE’S northern suburbs will carve out a larger slice of the new apartments market in the next few years, helped by the exodus of manufacturing.
Why apartments are moving to the ‘burbs
APARTMENT living is normal in the city, but a surprising number of flats are springing up in Melbourne’s middle and outer suburbs. So who’s buying them, and why?
Buyer pays $1m after just one look
A BUYER fell head over heels in love with a this home after just one inspection and snapped it up for $1.023 million.
$20m mansion no match for bulldozer
UPDATE: WHY would someone spend $20 million on a Toorak mansion, only to tear it down two years later?
Inside one of the city’s oldest homes
BUILT more than 160 years ago and authentically restored, this 19th century Melbourne home is headed to auction next month. But pricing it has proved difficult.
Retail coup at former mental hospital site
DEVELOPER Dealcorp has laid a few ghosts to rest since 2008 when it bought the former Larundel mental asylum, with the latest coup being the sale of the final retail space at Polaris Town Centre.
Rental yields plummet
PROPERTY prices are on the rise, but rents are on the way down, meaning tough times ahead for some investors.
Ron Burgundy’s dream pad hits market
MOVIE buffs who love “Anchorman”, the comedy hit starring Will Ferrell, will be captivated by an eye-catching home with development potential to go to auction in Doncaster East.
Bargain hunters kick goals at auctions
BUYERS fronted up to the small number of auctions held on Grand Final day hoping to save a few dollars while the competition was looking elsewhere. Check out the top five bargain buys.
Property sales pitch makes scents
WHAT does success smell like in the real estate market? A Melbourne agent thinks he nose, and you won’t believe what aromatherapy scent he uses to sniff out a top sale.
How to pick the next million-dollar suburb
MELBOURNE’S million-dollar suburb club is growing, with a new band of middle-class contenders pushing through. Which suburbs will be next on the list?
How much is your home worth?
Thinking of renovating, upgrading or investing in another property? One bank has made the process of unlocking equity a whole lot easier.
The ultimate get rich quick scheme
THE owner of this house in Melbourne thought he’d try and cash in on a hot market. He did just that, earning $838,000 in just nine months.
Melbourne home sellers hit jackpot
MORE than a third of Melbourne homeowners who sold their properties in the June quarter at least doubled the price they bought them for.
Record $6m Glen Waverley sale falls through
IT WAS heralded as a record for the area, but a $6 million sale of a house in Melbourne’s east last month has now fallen through.
Be prepared, buy well
BUYERS can miss out on their dream home if they’re not prepared. See our five steps to fast track your property search.
From sleepy hollow to creepy hollow?
CREEPY clowns, a blood-curdling butcher and other spooky characters could soon haunt the halls of a derelict distillery. WARNING: Disturbing images