Real Estate & Property Market News

With remote workers keen to live by the beach, one house listed two years ago that couldn't fetch $1.05m recently traded for $1.585m, and house prices are up 23 per cent in a year.

The Academy Award-winner has taken up the quintessentially Sydney obsession with real estate since she returned to live in her hometown, buying an apartment below her Milsons Point penthouse.

A grand mansion in one of Toorak's most prestigious streets has sold at auction for a whopping price after seven bidders fought it out for the deceased estate.

An unrenovated house sold under the hammer for $2.325 million, making a $950,000 paper profit since it last traded in 2014 as on-site auctions returned across Melbourne.

The home with water views was on the market from the opening bid of $5.1 million, then soared to $6.11 million, with strong competition setting an auction record for the suburb.

The long weekend and the cold weather didn’t keep buyers away from Canberra auctions, including a three-bedroom residence in Kambah that sold under the hammer for $880,000.

Melbourne households are bracing for further energy bill shocks, as the latest lockdown to help slow the spread of COVID-19, coincided with the start of winter.

Australian rapper Iggy Azalea is gearing up for a reno after dropping $6.7 million on a sprawling five-bedroom house on the edge of Los Angeles, even if the neighbours don't approve.

What a difference a year makes: The proverb that fortune favours the brave is playing out in Sydney's high-end housing market where investors who bought into last year's real estate market are flipping luxury property for multimillion-dollar windfalls.

Steve Traurig and wife Elana trade up to Hunters Hill, Jetstar boss buys up in Palm Beach, data chief Tony Nicol smashes the Bayview record with $16 million buy, and racing identity Nick Vass sells in Bellevue Hill