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Housing prices could fall, but they might not be more affordable at first.

Where house prices could be in two years if economists are right

Property prices are predicted to increase a little more before rising interest rates reduce buyers’ budgets and push prices lower. So, will it get any easier to buy?

  • by Elizabeth Redman
Home

Would you co-buy with the government if it meant you could own a house?

A national shared equity scheme, where the federal government contributes up to 30 per cent of a property’s value, is being called for by the Grattan Institute.

  • by Kate Burke

Dream Homes

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Latest

The One

America’s most expensive house hits the market for $411 million

Despite the record asking price, the luxury residence known as The One has actually had a hefty price cut.

  • by Sonia Taylor
The seven-bedroom, 13-bathroom mansion is set on the Vaucluse hillside.

Vaucluse house sixth most expensive after $62m sale

Prominent corporate lawyer John Landerer and his wife Michelle have staked a place in Sydney’s trophy-home record books after their Vaucluse mansion became the sixth most expensive house in the country.

  • by Lucy Macken
To be shore: Crescent Head rents surged by more than 50 per cent in 2021.

Is a short- or long-term letting better for your investment property?

The rental vacancy rate is so low in many regional areas, and rents, as a result, are so high. Does it make more sense to let out a property as a regular residential tenancy, or put it on a short-stay platform?

  • by Sue Williams
Housing prices could fall, but they might not be more affordable at first.

Where house prices could be in two years if economists are right

Property prices are predicted to increase a little more before rising interest rates reduce buyers’ budgets and push prices lower. So, will it get any easier to buy?

  • by Elizabeth Redman
Home

Would you co-buy with the government if it meant you could own a house?

A national shared equity scheme, where the federal government contributes up to 30 per cent of a property’s value, is being called for by the Grattan Institute.

  • by Kate Burke
The Victorian terrace is set on a double block of 400 square metres.

Canva CFO Damien Singh buys Paddington’s most expensive house

The chief financial officer at the start-up success story was already a Paddington local before he settled on his new digs on Friday.

  • by Lucy Macken
The Gold Coast, Geelong and Wollongong were among the most popular regions for Australians to move to in 2021

How much it costs to live in Australia’s sea and tree-change hotspots

Migration to regional Australia has more than doubled in the two years since the pandemic began, with one in 10 moving to the Gold Coast.

  • by Tawar Razaghi
Arch Staver starts the auction at 136 Simpson Street.

East Melbourne terrace hoping for $3 million passes in at auction with no bids

The double-storey home received an offer after auction, as price-conscious buyers refused to raise their hands in the hopes of haggling later.

  • by Melissa Heagney
The deceased estate had been in the same family for more than five decades at 46 Avoca Street, Bondi.

Run-down Bondi semi sells for $5.65 million at auction, $1.15 million above price guide

It was the first time the property, a deceased estate, had hit the market in more than five decades, and it drew half a dozen bidders. A seller in the next suburb wasn’t so lucky and a pair of waterfront units passed in.

  • by Tawar Razaghi
The 48-hectare property Braesyde has sold for more than its $20 million asking price.

Ainsworth pokie machine family show the house always wins

The billionaire Ainsworth family is best known for its pokie machine empire, the proceeds of which first landed Len Ainsworth on the rich list almost 30 years ago. But family matriarch Gretel Ainsworth scored an altogether different claim to riches this week.

  • by Lucy Macken
Bronte was among the 85 per cent of NSW suburbs where house prices grew at a faster rate than household incomes last year.

Does your house make more money than you?

NSW homeowners are making more wealth from their property than from work, with house price gains outstripping incomes across most of the state.

  • by Kate Burke
Houses are earning more than people in 291 Victorian suburbs data shows.

‘Like a lottery win’: The suburbs where houses earn more than people

House prices have risen by more than local pay packets in 291 Victorian suburbs, an analysis of data shows, as the pandemic fuelled an escape to the coast.

  • by Melissa Heagney
The submarine base was originally a gasworks, then a place where torpedoes and ammunition were produced during the Second World War.

Closed to public and 15m below street level: submarine depot comes to life

Inaccessible for decades, HMAS Platypus, a submarine depot once operated by the Royal Australian Navy, was predominantly ‘under the radar’ for most, even those living on Sydney’s north shore.

  • by Stephen Crafti
Kensington

The grand home that’s hit the market with a bit of a song and dance

A grand Victorian terrace in Kensington that was once home to a music, dance and deportment school is bound to hit the right note with some buyers.

  • by Melissa Heagney
Harry Mullins tried to buy a home that was underquoted, wasting time and money on something he could not afford.

‘Chasing rainbows’: Underquoting complaints surge as buyers waste time and money

It’s not just the hundreds of dollars for a building inspection or a contract review down the drain when a potential buyer realises they’ve been offered a mirage - there’s a bigger cost.

  • by Elizabeth Redman
The property last traded three years ago for $13 million.

Centennial Park joins the $20 million club with record sale

Centennial Park has joined the fast-growing ranks of Sydney’s trophy home market with a more than $20 million sale by retired colonel Andrew MacNab and his wife Melanie.

  • by Lucy Macken
Ostuni, Italy

I tried to buy an Italian house with a ghost who wasn’t dead yet

Next time you’re dreamily scrolling through €1 houses for sale in southern Italy, my advice is to come to your senses and shut the tab.

  • by Chris Harrison
MONEY 040219 AFR PICTURE BY Gabriele Charotte / afrphotos.com   GENERIC savings, escalating interest rates, home loan, wages, salary, superannuation, real estate, home loan, mortgage, morgage, house, auction, market, house prices, money, savings  AFR FIRST USE ONLY afrphotos.com SPECIALX 23452

Is it too late to fix your home loan before interest rates rise?

Mortgage brokers say rates are rising faster than homeowners and potential home buyers can lock in better deals, but there are still options.

  • by Elizabeth Redman
“The words ‘House’ and ‘Roky’ are sketched in pencil on the fascia,” the marketing reads.

Doghouse struck by meteor could fetch up to $420,000 at auction

A dog kennel that belonged to a German Shepherd named Roky could sell for the price of a Brisbane apartment thanks to one truly out-of-this-world feature.

  • by Sonia Taylor
Liquidators sold Bill Papas’ Wagstaffe weekender while he remains in Greece.

Bill Papas sets Central Coast record with sale of $13.5 million weekender

The result is more than $4 million above the region’s previous high, set by the same residence when purchased just 18 months ago for $9.5 million.

  • by Lucy Macken
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