Property
The towns where the sea-change dream just got more affordable
A two-year property boom in popular tree and sea change towns is starting to reverse as investor interest wanes and interest rates rise, pushing values lower.
- by Melissa Heagney
Victorian house price record smashed twice in a week as Toorak mansion fetches $80m
Crypto king Ed Craven has paid $80 million for a derelict house in Toorak and plans to build a new home on the block.
- by Elizabeth Redman and Melissa Heagney
Dream Homes
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If property prices are going down, why are rents going up?
While interest rates and the ease of securing home loans affect which way property prices go, rents are determined by something much simpler.
- by Tawar Razaghi
Grim forecast Perth property prices could drop $90k
Rising interest rates are the driving force behind predictions that Perth house prices could drop by 12 per cent by Christmas 2023.
- by Sarah Brookes
For one type of home, the property downturn is deeper than the rest
Dwelling values have fallen faster in one segment of the market, and price falls that began earlier this year have accelerated and spread as rising interest rates limit buying power.
- by Kate Burke
‘Windy dead end’: Is this Australia’s most honest property listing?
You’ve never seen a listing like this before. The vendor has no desire to deal with an agent to sell a block of land in a sought-after seaside neighbourhood.
- by Emily Power
The towns where the sea-change dream just got more affordable
A two-year property boom in popular tree and sea change towns is starting to reverse as investor interest wanes and interest rates rise, pushing values lower.
- by Melissa Heagney
Rentals more likely to give you the winter shivers
A new report has shown that temperatures in rental properties routinely drop below safe levels and that mould is also a serious problem.
- by Kate Burke
Victorian house price record smashed twice in a week as Toorak mansion fetches $80m
Crypto king Ed Craven has paid $80 million for a derelict house in Toorak and plans to build a new home on the block.
- by Elizabeth Redman and Melissa Heagney
What can you buy for Australia’s median house price?
Across all the capital cities, the median house price is still north of $1 million, but that budget will stretch further in some neighbourhoods than others.
- by Melissa Heagney
Son of former Trump adviser buys $10.2 million Edgecliff house, mortgage-free
The 30-year-old son of global corporate titan Andrew Liveris only settled on the Edgecliff residence on Friday, coughing up $10.2 million with no finance required.
- by Lucy Macken
How much extra would you pay for a home with water views in Melbourne?
Some home buyers wait for years to snap up a waterfront residence in their desired suburb, refuse to compromise on anything else, and pay millions of dollars more.
- by Melissa Heagney
How much extra would you pay for a home with water views in Sydney?
Sydney’s cashed-up home buyers have long paid top dollar for properties on the waterfront, but since the pandemic hit, they’ve been digging deeper than ever.
- by Kate Burke
Buyer snaps up Ormond home she admired for decades for $1.81 million at auction
After 30 years thinking of a home she once lived four doors down from, the buyer noticed a “for sale” sign when driving past and made a major life change to secure it.
- by Melissa Heagney
F45’s Adam Gilchrist sets Freshwater house record at $14 million-plus
The home was listed two weeks ago with hopes of recouping his $14 million purchase price, and the recently resigned gym boss is set to keep the pad next door.
- by Lucy Macken
Tech billionaire Scott Farquhar buys $10.85 million digs on Central Coast beachfront
Scott Farquhar and Kim Jackson have doubled down on their favourite Central Coast holiday ground, splashing more than $10 million for a beachfront getaway.
- by Lucy Macken
Grampians 165 kilometre hiking trail leads to architectural accolades
Customised timber chaise lounges are strategically placed along the Grampians trail, allowing hikers to take a moment’s rest and enjoy the views of Lake Wartook.
- by Stephen Crafti
Outgoing AFL boss Gillon McLachlan lists his house for sale, asks $10 million to $11 million
It might be home to a football heavyweight, but this is a house that stands out for its tennis court – and it’s an entertainer’s dream.
- by Elizabeth Redman
Why the cost of negative gearing tax breaks is likely to rise
The federal budget could miss out on billions in revenue in coming years and economists have called for reforms to bring Australia’s housing tax policy into line with international standards.
- by Tawar Razaghi
From ugly duckling to Tamarama glamour as $20 million penthouses unveiled
Sydney’s newest prestige beachside penthouses have finally been put back up for sale, overcoming the final hitch in a complex operation to update an eyesore block.
- by Sue Williams
Buyers paying massive premiums for waterfront properties
Buyers looking to snap up a home on Australia’s coastline are paying some of the highest prices in the world, and demand is rising.
- by Kate Burke
Prestige real estate agency has fines withdrawn for underquoting
Consumer Affairs Victoria has withdrawn almost $30,000 in fines it had issued to prestige real estate agency Kay & Burton, without giving a reason.
- by Elizabeth Redman