Property | Latest News, Headlines and Analysis | The Sydney Morning Herald

We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.

Australia’s home of property news, advice and insights

Advertisement
Auction of 3 Fairview Street, Concord.

Concord house sells for $4.5 million, $1 million above price guide

There were plenty of registered buyers, but the agents had to work hard to seal the deal for the five-bedroom house.

  • by Tawar Razaghi
The Darling Point home of Mark and Lynda Kerry was a three-year rebuild project that is only recently complete.
Exclusive
Title Deeds

Olympian Mark Kerry shoots for $40 million on Darling Point trophy home

Sydney’s trophy home market shelf has rarely been so bare, which makes good timing for the downsizing plans of Olympic gold medallist Mark Kerry.

  • by Lucy Macken

Dream Homes

Advertisement

Title Deeds

Latest

Jarrad Smith and Madeleine Davidson are renovating their first home which they bought before interest rates rose.

First home owners knew rates would rise. But not this fast

Jarrad and Madeleine are now working extra hours, and have cut out social activities to service their mortgage following a string of interest rate rises.

  • by Melissa Heagney-Bayliss
Property prices, particularly in Sydney and Melbourne, started to fall ahead of the RBA’s decision in May to begin lifting the cash rate.

Is the auction market causing a false dawn for property prices?

When auction results are this strong, property prices usually stop falling. But after the sharpest rise in interest rates in a generation, is this time different?

  • by Melissa Heagney-Bayliss and Elizabeth Redman
Two bidders competed for the single-fronted terrace.

Family drops $1,765,000 on Carlton North single-fronted terrace

A crowd of about 100 watched, but only two bidders made offers for the three-bedroom deceased estate, once home to a family with 10 children.

  • by Jean Bell
The Quakers Hill home eked out a paper profit for its sellers.

Quakers Hill home defies slowdown to sell for more than a year ago

The five-bedroom home last sold in April 2022 as house prices were starting their sharp descent, but the sellers managed a modest gain at auction on Saturday.

  • by Carmen Forward
The four-bedroom house on Point Piper’s Lady Martins Beach sold for $30 million.

Rag trader joins ranks of Point Piper trophy home owners for $30m

From Pymble to Point Piper: rag traders show what $30 million buys on Sydney’s waterfront.

  • by Lucy Macken
26 Bay Street, Brighton 

Brighton home in need of renovation sells for $7.3 million at auction

The home, located on Brighton’s Golden Mile, sold to locals. It was one of 786 scheduled auctions today.

  • by Jim Malo
Auction of 3 Fairview Street, Concord.

Concord house sells for $4.5 million, $1 million above price guide

There were plenty of registered buyers, but the agents had to work hard to seal the deal.

  • by Tawar Razaghi
Tayne Akyalcin was able to buy his new apartment for less than the quoted price guide.

The Melbourne suburbs where home buyers can get the biggest discounts

Home buyers in one part of the city are negotiating average discounts of 12 per cent to their property’s asking price as the market weakens.

  • by Jim Malo
The Darling Point home of Mark and Lynda Kerry was a three-year rebuild project that is only recently complete.

Olympian Mark Kerry shoots for $40 million on Darling Point trophy home

Sydney’s trophy home market shelf has rarely been so bare, which makes good timing for the downsizing plans of Olympic gold medallist Mark Kerry.

  • by Lucy Macken
David Neuzerling went to great lengths to find the most optimal spot to buy a house, and was frustrated by the lack of affordable options with good access to public transport.

David wanted an affordable home and a reasonable commute. One suburb was a winner

Many home buyers look for public transport links, but one data scientist and first home buyer hopeful created a heat map of Melbourne’s public transport travel times.

  • by Jim Malo
Shrublands, a sprawling estate in the Melbourne suburb of Canterbury, is back on the market.

Pearl of Canterbury: 10-bedroom Melbourne mansion selling for up to $40 million

The historic estate last sold for $29 million just two years ago, but the seller no longer needs all the space.

  • by Melissa Heagney-Bayliss
Landlords will need reasonable grounds to evict tenants on rolling leases.

NSW to ban no grounds evictions for renters on rolling leases

Landlords would need to have reasonable grounds to evict a tenant, the major parties say, under new rules that would also offer longer lease terms and regulate data collection.

  • by Tawar Razaghi
Renters face a tight market.

‘No light at the end of the tunnel’: Rental vacancy rates hit record low

Australian tenants are facing strong competition for homes and sky-high rents, and there is little relief in sight.

  • by Kate Burke
Experts have warned of the impacts of longer than usual home loan terms.

‘Sting in the tail is horrifying’: Hidden cost of home loan hack

Debt-laden families struggling with rising interest rates are being warned of the risks involved in one strategy to cut their monthly repayments.

  • by Tawar Razaghi
The house now for sale that was previously rented by Mark Phillipoussis and his family.

Stunning Surf Coast home rented by tennis champ Mark Philippoussis up for sale

There’s a price guide of $3.4 million to $3.7 million on the luxury four-bedroom home in Jan Juc, which was rented by Philippoussis and his family for the past two years.

  • by Melissa Heagney-Bayliss
Jenkins was unsettled by the charge, which she discovered while looking for a new home.

A rental application service is selling extra data protection for $20. Not everyone is sold

The company’s founder was dismayed by the criticism, saying he only wanted to protect tenants’ data more effectively.

  • by Jim Malo and Abbir Dib
House values have fallen by double digits since July last year, Corelogic data shows.

Property owners object to months-old valuations as prices plunge

Some believe the valuations are too high and could push up land tax bills and council rates despite price falls of 20 per cent in some suburbs.

  • by Melissa Heagney-Bayliss
Tim Burroughs has sold his Bellevue Hill property Monkton for more than $30 million.

Burroughs scores $30 million for Bellevue Hill home after taking Westpac board seat

As the veteran investment banker was announced the newest appointment to the Westpac board he also scored a sold sticker on his Bellevue Hill trophy home.

  • by Lucy Macken
Cottesloe recorded the highest median price per square metre of land in Greater Perth.

The sought-after Perth suburbs where buyers pay a premium for space

A Perth coastal suburb recorded the highest median price per square metre of land at $7260, while the cheapest suburb is just a mere $93 per square metre.

  • by Sarah Brookes
The golden throne.

Bathroom bling: Luxury loo for a buyer who’s flush with cash

Renovators of a $1 million-plus coastal home have ensured that luxury extends into the bathroom.

  • by Kristy Johnson
Advertisement