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Nearly two in five inner Melbourne property sales are being struck at a loss.

Melbourne suburbs where property owners are selling at a loss

Property owners in Melbourne are the most likely to sell at a loss of anywhere in Australia except the Northern Territory, and experts blame the weak market.

  • by Jim Malo and Elizabeth Redman
14 Avenue Athol, Canterbury.

‘Comfortable’ Canterbury house faces wrecking ball after $4.62m auction sale

Most of the potential buyers had plans to knock down and rebuild the four-bedroom home, which came with an indoor pool and sauna.

  • by Tom Carey

Dream Homes

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Rupert Murdoch originally had higher price hopes.

Rupert Murdoch slashes New York penthouse price by more than half

He reportedly paid just under $US58m a decade ago, then tried to sell for slightly more. He’s now asking $US28.5m.

  • by James Warrington
Home owners can cut their interest bill by paying their tax cut into their home loan.

How to turn your $2000 tax cut into $28,000

Workers will have extra cash in their pay packets from next week, but beware the siren song of “lifestyle creep”.

  • by Jemimah Clegg
Home sweet home, Italy.

How to buy a one euro house in some of the world’s most gorgeous locations

Is Aussie property giving you the pip? Don’t get mad, get on a plane.

  • by Emily Power
An aerial view of two Chinese mansions which are expected to attract offers a fraction of the estimated $75m constrcution cost.

Abandoned Chinese mansion in Perth’s south sells for mystery price

A dilapidated Chinese-style mansion that reportedly cost its billionaire owner $75 million to build has sold days before its auction.

  • by Sarah Brookes
82 Alkoomie Street, Wynnum

Eight of our favourite luxury homes for sale right now

From a designer beauty with a private pontoon to a classy new build with ocean views, we’ve rounded up our pick of the bunch.

  • by Kate Farrelly
The average auction in Sydney or Melbourne had three or fewer bidders in May.

Why it’s a better time to buy a home right now

The scales are tipping in buyers’ favour and sellers are losing the upper hand at auction, new figures show.

  • by Jim Malo
Loss making sales have been most prevalent in the City of Perth.

The Perth postcodes where homeowners are selling at a loss

Back in 2020, nearly half of homes were sold at a loss in Perth, now in a remarkable turnaround the percentage of loss-making sales has declined to 6.4 per cent.

  • by Sarah Brookes
One in five Burwood home vendors sold at a loss.

Sydney suburbs where property owners are selling at a loss

Choose the wrong location and there’s a one-in-four chance of reselling a property for less than its purchase price.

  • by Elizabeth Redman and Jim Malo
Nearly two in five inner Melbourne property sales are being struck at a loss.

Melbourne suburbs where property owners are selling at a loss

Property owners in Melbourne are the most likely to sell at a loss of anywhere in Australia except the Northern Territory, and experts blame the weak market.

  • by Jim Malo and Elizabeth Redman
East coast investors have been issued a warning.

‘Many will regret their decisions’: East coast investors caught out in Perth property buying frenzy

Many east coast investors raiding the Perth property market are paying too much to beat the competition without regard to quality or location. 

  • by Sarah Brookes
14/22 Hardy Street, North Bondi.

Brothers offload North Bondi investment for $1.27 million to buy own homes

The two-bedroom apartment with two car spaces sold at auction for $30,000 more than its near-identical neighbour, which was purchased four weeks ago.

  • by Carmen Forward
14 Avenue Athol, Canterbury.

‘Comfortable’ Canterbury house faces wrecking ball after $4.62m auction sale

Most of the potential buyers had plans to knock down and rebuild the four-bedroom home, which came with an indoor pool and sauna. It was one of 900 auctions scheduled on Saturday.

  • by Tom Carey

Woollahra’s $8m designer digs fit for fashion’s high priestess Edwina McCann

As Vogue Australia’s Edwina McCann prepares to move into her new digs, private equity boss Mark Chiba has paid $22 million cash for his landmark Darling Point residence.

  • by Lucy Macken
Buyers are being priced out of affordable and liveable suburbs.

The most liveable Melbourne suburbs where you should have purchased property

Once considered affordable, these areas are now even further out of reach for home buyers.

  • by Alexandra Middleton
Auctioneer Scott Kennedy Green during the successful Vaucluse auction.

Vaucluse unit with 48 stairs and different wallpaper in every room? That’ll be $2.915 million

Despite the number of steps up to the home and work involved in bringing the unit into 2024, 14 buyers still registered to bid.

  • by Tawar Razaghi
90 Price St Essendon sold for $1.59 million at auction on Saturday

Essendon home owned by same family for 69 years sells for $1.59m

It was a bittersweet moment for the sellers, whose family home since 1955 was sold for some $215,000 above reserve.

  • by Alexandra Middleton
15 Edith Street, St Peters

Thirteen of the best homes for sale in New South Wales

Looking for your next home within NSW? We have 13 great options, from St Peters to Jamberoo.

  • by Pauline Morrissey and Lou Sweeney
33 Nott Street, Malvern East.

Thirteen of the best properties for sale in Victoria

Looking for your next home in Victoria? We have 13 great options, ranging from Sandon to Cape Schanck.

  • by Jacqui Hammerton
A two-bedroom unit at 1/20 Tintern Avenue, Toorak.

The suburbs where units cost up to $250,000 more than the typical Melbourne home

Cashed up downsizers and even families priced out of the housing market are driving up unit prices in these highly sought-after locations.

  • by Jemimah Clegg
The penthouse atop the Hall & Campbell development at Bondi Beach sold for $23 million as a gutted shell.

Wallaby-turned-financier Jason Little buys $23m Bondi Beach ‘shell’

The two-storey penthouse opposite the beach is yet to be built, but once completed it is expected to be a downsizer for the Manly-based chief executive of Goodman Australia.

  • by Lucy Macken
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