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Falling completions indicated housing markets would continue to be hit with supply pressure.

Unprecedented building cost blowouts leave city dwellers in the lurch

Two statistics indicate Australia’s housing affordability crisis will get worse, even as governments scramble to ease supply constraints.

  • by Jemimah Clegg
Property prices have soared out of reach for many households.

‘People feel cheated’: Cut to home buyer budgets leaves households reeling

Workers are feeling ‘pretty distressed’ to realise the basics of life have slipped further out of reach than even in the recent past.

  • by Elizabeth Redman

Dream Homes

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An aerial view of the two properties in Banjup.

Cashed-up buyers wanted for Perth $75 million Chinese-style mansion

With more than 80 rooms, this “eastern wonder of the southern hemisphere” promises to be a steal, with estimates it will go at a sliver of the building price.

  • by Sarah Brookes
Australians with more than $3 million in wealth only have about a third of that wealth made up by their family home.

The Australians who have most of their wealth tied up in property

Research by the Productivity Commission into the makeup of Australians’ wealth has revealed whose home is the highest proportion of their net worth.

  • by Jim Malo
Falling completions indicated housing markets would continue to be hit with supply pressure.

Unprecedented building cost blowouts leave city dwellers in the lurch

Two key statistics indicate that Australia’s housing affordability crisis will continue to worsen, even as governments scramble to ease supply constraints.

  • by Jemimah Clegg
All bidders who contested the auction intended to live in the home.

No parking, no worries: Lilyfield house sells for $4.68 million at auction

Listing agent Jack Parry said the sale price rivalled nearby homes with on-site parking. Domain Group recorded a preliminary auction clearance rate of 69.7 per cent at the weekend.

  • by Carmen Forward
47 Nimmo Street, Middle Park.

Downsizers compete to pay $4,325,000 for double-fronted Middle Park terrace

The home’s high-spec renovation prompted two bidders to push the price well beyond the quoted price range. It was one of 1028 auctions scheduled on Saturday.

  • by Tom Carey
Amid a surge in Perth property prices, the WA government will give owners of vacant homes $5000 if they make them available for long-term renters.

Good luck trying to buy a home in these Perth suburbs

There are 350 suburbs in the Perth metropolitan area – and 25 per cent have fewer than 10 properties listed for sale.

  • by Sarah Brookes
4 Cliff Avenue North Wahroonga

Rich lister looks to double his money selling Wahroonga acreage for $9m

The almost one-hectare property was bought in 2019 for $4.5 million. Five years later the only improvement is approval for subdivision.

  • by Lucy Macken
Ben Low bought an investment property in Tregear, but may have to move in instead.

Ben was priced out of his first and second choice suburbs. Then he was evicted

At one point in his near two-year search he tried to buy a house with asbestos but it sold for $240,000 more than the price guide.

  • by Tawar Razaghi
Almost a dozen buyers registered to bid on the home that had been owned since 1990.

Lane Cove investment property bought in 1990 for $250,000 sells for $3.5 million

Eleven buyers – a mix of young families and developers, who were eyeing it for its knock down potential – registered to bid. But one group didn’t even get a look in.

  • by Tawar Razaghi
Auctioneer Jarrod Couch stands by a portrait of Rhys Nicholson before the auction.

Comedian Rhys Nicholson’s ‘maximalist’ home sells for $842,500 after auction

The Coburg home passed in for $810,000, but soon sold to the highest bidders in post-auction negotiations.

  • by Jim Malo
Pro Palestinian protestors camp out at Melbourne University.
15 images

Four weeks of Melbourne University’s Gaza encampment and sit-in: In pictures

As pro-Palestine student protesters at the University of Melbourne pack up their tents and empty out the Arts West building, we take a look back at the key stages of the protest.

Britt Johnson and husband Rhys Presnell moved to Parkdale with their three kids Thea, Remi and Jude for an investment opportunity but loved it so much they decided to make their move permanent.

Britt made a temporary move, but she loved the area so much she stayed

The rising cost of housing in a string of bayside and inner-east suburbs hasn’t deterred buyers, bucking the trend of Melbourne’s softening market.

  • by Alexandra Middleton
The Point Piper property Rockleigh has sold on the quiet for more than $80 million.

Peak Sydney: House bought in 1978 for $325,000 resold for more than $80m

The off-market sale of the Rockleigh mansion makes it Sydney’s highest house sale this year, to date, and ranks in the city’s top five house deals of all time.

  • by Lucy Macken
Nox in the Talofa hinterland near Byron Bay sold for $12 million to animation pioneer Zareh Nalbandian.

He sold his studio to Netflix for $700m. Then he went on a $120m property spree

The Animal Logic co-founder has taken to real estate in a big way in recent years, and his $12 million Byron Bay cash buy is just his latest acquisition.

  • by Lucy Macken
Property prices have soared out of reach for many households.

‘People feel cheated’: Cut to home buyer budgets leaves households reeling

Workers are feeling ‘pretty distressed’ to realise the basics of life have slipped further out of reach than even in the recent past.

  • by Elizabeth Redman
Energy-efficient homes sell for more money.

How to sell your home for $112,000 more than your neighbour

A new report finds how to fetch a higher price, attract more online listing views and make a home more liveable in the meantime.

  • by Elizabeth Redman and Jim Malo
Homes with solar panels attract a price premium.

How to sell your home in Perth for $100,000 more than your neighbour

Green homes are in high demand with energy-efficient homes spending fewer days on the market and attracting more views per listing.

  • by Sarah Brookes
34 Were St, Brighton.

Seven of our favourite luxury homes for sale right now

We’ve rounded up our pick of the bunch, from double-height spaces to a double-sided fireplace.

  • by Kate Farrelly
Some households under pressure have decided to sell.

‘Early warning sign’: Why property owners are selling their homes now

Owners are selling up in greater numbers this autumn than they were at the same time last year, new figures show.

  • by Elizabeth Redman
You may have found your dream home – but how energy-efficient is it?

The once-affordable Perth suburbs no longer an option for the average dual-income couple

More than 50 suburbs across Perth are no longer affordable for the average working couple – including one in the City of Armadale.

  • by Sarah Brookes and Jim Malo
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