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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

Dream Homes

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39 Donald St, Highett, sold at auction for $1.61 million

Young regional couple outbid developers for $1.61 million Highett home

The buyers paid about $110,000 above reserve to purchase the three-bedroom property, with plans to build their dream home.

  • by Alexandra Middleton
2 Swinton Avenue Kew

Ten of our favourite homes for sale in Melbourne right now

Looking for your next home? From a luxe new build to a 50th-floor penthouse, we’ve got you covered.

  • by Jacqui Hammerton and Mary O'Brien
50A Gilbert Street, Dover Heights

Six of our favourite homes for sale in Sydney right now

Looking for your next home? From lofty luxury to a redesigned worker’s cottage, we’ve got you covered.

  • by Pauline Morrissey and Lou Sweeney
House prices in Croydon Park were once considered relatively affordable but have slipped out of reach.

The most liveable Sydney suburbs where you should have bought a home

A string of liveable Sydney suburbs that were affordable for home buyers until recently have since recorded soaring price growth.

  • by Carmen Forward
The Point Piper property Rockleigh is this year’s top sale price of about $82 million, down from an initial asking price of $100 million.

Billionaire problems: Sydney’s trophy home owners selling at a discount

Cue the smallest violin. It seems the higher the asking price, the more that prestige sellers are being asked to cut from their expectations.

  • by Lucy Macken
Jasmine Tsiatsias decided to buy a one-bedroom apartment in Essendon because her mortgage repayments ended up being cheaper than renting with a housemate in Flemington.

The Melbourne suburbs where it’s cheaper to buy than rent

Rocketing rents in Melbourne mean tenants would be better off paying a mortgage in certain areas – and some are fast-tracking their plans.

  • by Alexandra Middleton
Perth homes are flying off the shelves, many for more than the asking price.

Around 90% of Perth homes selling for more than listed price

Now is not the time to make a cheeky lowball offer on that property you’ve been eyeing off, as new data shows how many are selling for more than the asking price.

  • by Sarah Brookes
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
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