Real Estate & Property Market News

Five bidders fought it out for the 1960s-built brick Bulleen house, complete with vintage tiling, frosted orange glass and bright chandeliers, but a developer beat a young couple.

Allhomes understands the sale surpassed the previous record by more than six figures.

A dozen parties registered to bid, sending the price $425,000 higher than the sellers hoped and showing the depth of the pool of buyers willing to pay up to be in the inner city.

Apartment owners hoping to sell and buy a house are facing a growing price gap, but in some parts of the city it's much easier to bridge than in others.

It's a rare find: One of Bondi's largest and most tightly held homes has hit the market with a price guide of $9 million, in a neighbourhood where big names have been taking a keen interest.

The price gap between units and houses in Sydney is at a record high, with freestanding homes in some pockets costing quadruple the median apartment price.

Sources suggest he paid a little more than what the property passed in for at auction last month. Elsewhere, local bank boss head buys himself new digs in line with his new job.

It’s been more than a month now since the federal government’s HomeBuilder package came to a close and for some industries, it was the lifeline they needed to stay afloat.

There is no shortage of $20m house sales here, but it's the sort of sale usually found by the harbour and with glamorous add-ons to sweeten the price. Not this time.

Let’s take a deep breath together and go forth into a weekend of fantastic open homes.