Real Estate & Property Market News

Despite restrictions on gatherings as Victoria eases out of lockdown, neighbours wanted to see how the housing market is faring in the first weekend of in-person auctions for almost two months.

It’s been a week since ACT chief minister Andrew Barr lifted the ban on on-site auctions and open home inspections but agents are in no rush to take up the pre-pandemic norm.

Once home to Russell Crowe and Rupert and Lachlan Murdoch family, this grand residence looks to have found a new owner.

Finding himself with one too many Point Piper dwellings for purpose, the penthouse that used car dealer Tony Denny bought last year is back up for grabs.

One of the country's biggest developers has vowed to press ahead with its pipeline of projects to help fend off a collapse in the construction industry and a weakening economy.

What pandemic? One house sale does not make a market but even on the brink of a recession, the top end operates in a different universe to the rest of us.

When the coronavirus pandemic hit ACT borders, the home inspection circuit saw a wave of healthcare workers flock to the rental market looking to relocate closer to Canberra Hospital in Woden Valley, according to agents.

As homes gear up to swing their doors wide open this weekend to groups of 10 people within social distancing means, we welcome back home buyers of all stages of the property journey.

The Arvanitis family, known in property development circles, have built their dream home elsewhere and listed this Toorak pad for sale - and the new buyer may wish to knock it down to create something even more modern.

In-person auctions return this weekend as some restrictions ease and it may have some of the smallest auction volumes since records began, but is the outlook brighter?