Property
News
Gifts from $50k to $1m the norm: How home deposits soared to record levels
Average workers are priced out, but many property buyers who are left in the market now have extraordinary wealth – often from family.
- by Jim Malo
Latest
Landlords hike rents nearly 50 per cent since the lows of lockdown
Rental prices for units have skyrocketed since COVID-19 lockdown, and house rents have jumped too. Is any relief in sight?
- by Jemimah Clegg
Mosman unit that last sold for $86,000 in 1985 fetches $1.1 million at auction
Twenty-six buyers registered to bid on the two-bedroom unit, which is in an unliveable condition
- by Carmen Forward
Grandparents buy $1.95m townhouse to be near family and help with babysitting
The couple, who competed against a young family, bought the property in post-auction negotiations by offering an extra $50,000.
- by Carmen Forward
Exclusive
Title Deeds
VC buys $14.5m house in cash as Canva makes investors rich overnight
It seems not even Sydney’s leading venture capitalists like Blackbird’s Rick Baker are immune to the lure of Sydney’s high-end housing market.
- by Lucy Macken
Moving from a Sydney unit to a house gets three times harder in a generation
The conventional wisdom is to start with a modest apartment and buy a house later, but financing the move has never been so challenging.
- by Tawar Razaghi
Investor pays $1.7m for Bellevue Hill unit to charge $1000 rent a week
An investor keen to capitalise on Sydney’s soaring rents beat nine other parties for the tidy apartment close to cafes.
- by Sarah Webb
Family makes last-ditch $500 bid to triumph for $1.5m Cheltenham house
The auction winners had to be coaxed to dig deep in their pockets for the charming home, and it was enough to get them across the line.
- by Jim Malo
Exclusive
Title Deeds
A $9.5m mansion that ‘shocked the flock’ of Exclusive Brethren back up for sale
It was a big week for high-end sellers, from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
- by Lucy Macken
‘Like starting again’: Melbourne upsizers priced out of the market
The cost of buying a house is nearly double that of a unit, making it much harder than a generation ago to move on from a first home.
- by Alexandra Middleton
Nick and Camilla Speer almost double their money on $27.5m Portsea beach house
The society couple bought the glamorous beachfront villa for about $13.5 million four years ago and did a cosmetic renovation.
- by Elizabeth Redman