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

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

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

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
Family drops $1,765,000 on Carlton North 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
Quakers Hill home defies slowdown to sell for more than a year ago

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
Rag trader joins ranks of Point Piper trophy home owners for $30m
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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
Brighton home in need of renovation sells for $7.3 million at auction

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

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
The Melbourne suburbs where home buyers can get the biggest discounts

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
Olympian Mark Kerry shoots for $40 million on Darling Point trophy home
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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 wanted an affordable home and a reasonable commute. One suburb was a winner

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

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