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    Property prices

    Yesterday

    The suburbs where every seller pocketed $1m profit

    Residential profits surged to a record high in the past financial year, boosted by strong price gains, according to Domain.

    • Nila Sweeney

    This Month

    Zac Shparberg is investing in ETFs.

    Millennial Zac dumps home ownership dream for ETFs

    Zac Shparberg, 30, says he has no hope of owning a property in the city he grew up in. So, he’s embraced a different wealth creation plan that experts say could work.

    • Tom Richardson

    Mortgage stress warning as owners sell despite falling prices

    Home vendors in some pockets of regional Victoria are facing the toughest selling conditions in the country.

    • Nila Sweeney
    Some property market statistics are more helpful than others.

    What property investors need to know about the mean, median and mode

    Property investors need to know the three main statistical metrics and how they each offer a unique perspective on market values.

    • Jarrod McCabe
    The two-bedroom, one-bathroom apartment with car park at 12/20-24 The Parade in inner-western Sydney’s Russell Lea sold at auction for $1,063,000.

    The $1m apartment downsizers wouldn’t touch

    It had stairs – lots of stairs – faced south and needed a ton of work. But first home buyers fought hard for it.

    • Michael Bleby
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    Why Brisbane’s housing market could be the next to ease

    Pockets of weakness are finally emerging in Brisbane, Adelaide and Perth, the star performers of the nation’s remarkable housing boom.

    • Nila Sweeney
    House prices in Byron Bay struggled to recover from the recent downturn according to CoreLogic.

    Houses at $500k discounts in these prestige regions

    House prices in popular areas such as Byron Bay have slumped by as much as $570,000 since peaking two years ago.

    • Nila Sweeney

    The Sydney suburbs where rents are falling

    Asking rents have fallen in Sydney, Melbourne, Brisbane and Perth. It’s not the end of the rental crisis but could mean the worst increases are over.

    • Nila Sweeney
    The housing market looks just right to REA Group boss Owen Wilson.

    Why this $27b giant sees a Goldilocks housing market

    Demand remains strong, as are listings. That’s just about perfect for the housing market’s most important middleman.

    • James Thomson
    Glenn and Susie Molloy outside their home of 16 years in Camp Hill, in Brisbane’s inner east. They are set to move out of the family home later this month.

    How this Brisbane couple added a sea change to their downsizing

    Susie and Glenn Molloy wanted to live close to the water after one of their parents passed away, so they moved to a duplex near Port Stephens in NSW.

    • Campbell Kwan
    More than three out of 10 suburbs are now fetching more than a million dollar median house price, with 34 suburbs joining the club in the past 12 months according to CoreLogic.

    Share of $1m suburbs blows out in Perth, Adelaide, Brisbane

    The share of suburbs across Australia with a median house price of more than $1million is poised to surge in the next six months.

    • Nila Sweeney
    The neighbouring buildings come with a permit for redevelopment into luxury apartments.

    Surf Dive ‘n’ Ski founder lists neighbouring period buildings for $30m

    Fadil Sadikay is selling the South Yarra apartments with a permit to turn them into a luxury development.

    • Larry Schlesinger
    The Victorian home dates back to the 1890s.

    Developer Guy Nelson puts Melbourne period mansion on the market

    The grand Victorian home on Sorrett Avenue in Malvern is being sold by the former Macquarie Group real estate boss and founder of developer Alpha Partners.

    • Larry Schlesinger
    The two-bedroom, semidetached home on 158 square metres at 12 Redmond Street in inner-western Sydney’s Leichhardt sold by private treaty for $1.43 million.

    Vendor goes for ‘bird in hand’ to sell terrace for $1.43m

    In a market with two camps of buyers, those on the rebound are acting faster than those thinking the market might slow more.

    • Michael Bleby

    Rate reprieve fails to ignite auction markets

    Preliminary auction clearance rates slumped across Sydney as home buyers remained cautious and terrified to commit, amid still high mortgage and holding costs, experts say.

    • Nila Sweeney
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    Growth in unit values was greater than for houses in more than half of all Sydney suburbs, CoreLogic data shows.

    Unit prices rising faster than houses in 60pc of all suburbs

    Units are predicted to continue to outperform houses in the foreseeable future, even as the gap in values widens.

    • Nila Sweeney
    The ongoing slump in the housing market is making life tough for consumers and retailers alike.

    Two surprising cities to pass Melbourne home values within a month

    The shift in the ranks comes as prices continue to increase sharply across Adelaide, Perth and Brisbane, while Victoria’s capital and Sydney weaken.

    • Nila Sweeney

    July

    High-end property boom sweeps southern Europe

    As the Continent faces a housing-supply crunch, Americans have become a key prospective buyer base in many cities.

    • Charlotte Hughes-Morgan
    Brisbane’s rapid pace of growth has likely peaked.

    Brisbane’s property price hot streak may be about to end

    Brisbane’s rapid pace of growth has likely peaked but Perth prices are still “shooting the lights out”, experts say.

    • Nila Sweeney
    A two-level penthouse in Benson’s Society development in Armadale sold for $17m.

    Melbourne penthouse prices tipped to double as demand surges

    Project marketers and valuers have tipped the average price of a Melbourne penthouse to double to $60,000 per square metre in the next few years.

    • Updated
    • Larry Schlesinger