Real Estate and Property Market News

The dream of calling something home, sweet home may not seem a distant dream for Canberra first-home buyers.

The period house attracted four bidders at auction this weekend and its new owners, who spent more than $500,000 over the reserve, plan to demolish it and build townhouses.

The bidders were all aged 20-30 and most had their parents along for support. Bidding opened at $1 million.

The buyer – on the phone to her husband overseas – was not registered for the auction, but made a shock entry at the final moment.

A mansion in Sydney where King Charles’ great-grandfather lived is truly fit for royalty, valued at $34 million.

WSW co-owner Glenn Duncan is selling what is billed one of Mosman’s oldest homes as former Macquarie Media boss Russell Tate lists one of the suburb’s largest apartments.

Living close to the city centre isn’t cheap, but in some pockets house hunters will get much better bang for their buck – even by moving one suburb over.

If, when you think rental, you think of a share-house with a leaking roof… think again.

The man arrived at the auction late, before outbidding first home buyers and investors with a single offer.