Report

SQM Research predicts Brisbane’s property market will be the biggest winner next year, while Australia’s two biggest capitals would see the worst of the price shrinkages.

Rising house prices across Australia have seen buyers scramble to find properties offering the best value for money.

Buyers now have greater choice and less competition, as signs of rising numbers of new residential properties continue.

Canberra tenants would be better off finding something outside of the inner-city suburbs.

Despite a desirable location, large block and lack of a heritage overlay, calls for an opening bid were met with silence from the 40-odd attendees.

Melbourne will see more than 2500 properties head to auction over the next fortnight. With more homes for sale, will buyers be willing to pay boom-era prices?

In the lead up to the holidays, new listings are increasing giving buyers a greater variety of properties.

It’s the second Albert Park home in as many weeks to sell for $11.1 million-plus under the hammer, as last week’s underbidders became this week’s buyers with a bid of $1.65 million over reserve.

This sunny region has now recorded four consecutive quarters of house price rises above 5 per cent, and experts expect there’s still more room for growth.

In front of a bustling crowd of roughly 300 people, a gorgeous four-bedroom French-style Victorian home in Albert Park sold for a whopping $11.11 million on Saturday.