Real Estate & Property Market News

For those people who were brave – or smart – enough to buy last year, they're reaping the rewards big time now, selling again and pocketing hundreds of thousands of dollars profit without having lifted a finger.

Sea-change and tree-change hotspots are high on the list, along with affordable outer suburbs offering space to work from home and an option for first-home buyers.

The home has a long history, which gained it local heritage protection and with it a permanent vantage point of Sydney Harbour.

The duo purchased the northern beaches property less than 12 months ago and spruced up a handful of features before reselling.

Tensions are running high again this week thanks to the mid-week challenge, but four teams still manage to blow the judges away with beautiful spaces.

NIMBYism is the cause of the housing crisis, driving planning restrictions that block new housing construction and worsen housing affordability, a report says.

And wow. What quality of Sydney daylight it draws into the new kitchen with its pale concrete floor, concrete and curvaceous island bench, and the uptick of that roof formed in concrete.

Her Excellency plans to return to the northern foreshore area over the Harbour Bridge when she eventually steps down, to a three-bedroom spread in the Blue at Lavender Bay building developed by Aqualand.

Barely touched since it was built in 1969, the time capsule sold to renovation enthusiasts for a whopping $507,000 above the point when it was declared on the market.

More than 20 buyers registered to bid on the property, which sold for $7.02 million - smashing the previous suburb record by $770,000 and leaving the vendors shocked.