Property prices
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
Latest
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
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
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
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
‘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
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
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
Analysis
Home loans
Have property prices peaked for now? These factors suggest so
Weakness could emerge in Australian house prices in the second half of 2024 with the RBA potentially keeping interest rates on hold.
- by Robert Baharian
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
Home buyback scheme floated after Kensington Banks labelled flood-prone
Property experts say house prices in the estate could fall by up to 20 per cent following Melbourne Water’s revised modelling for the Maribyrnong River catchment.
- by Sophie Aubrey