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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
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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
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
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
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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 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
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 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
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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