Auctions

Australia’s 2023 property market will be defined as the year price growth defied high interest rates and a new cycle began.

They say that if you have to ask for the price, you probably can’t afford it. But does that apply to real estate?

New Year’s Eve fireworks, anyone? The lifestyle property attracted six registered bidders and the winner used a curious strategy to nab the keys.

The double-storey home with period rooms, clever skylights and a bonus studio attracted three bidders at a hot auction.

How much for views? The dilapidated penthouse needs a major renovation and a $1 million special levy but still attracted 14 registered bidders.

An unusually transparent selling strategy paid off at auction for a vendor who made nearly $70,000 more than they hoped.

Clearance rates may still be down, but record prices are being achieved for many properties selling after auction.

A luxurious four-bedroom townhouse in the prestigious Tempus – The Turner Copperstones estate has been sold for $2.8 million, in what has been described as a record price for a townhouse in the suburb.

Top of the festive wish lists around most of Australia this year is still … a home of one’s own.