Real Estate

Landlords faced minimal consequences, renters struggled, A report revealed that many landlords faced minimal accountability for maintaining their properties, leaving tenants in poor living conditions. This negligence harmed both the health and financial wellbeing of renters, raising concerns about the lack of enforcement. Anika Legal’s “Too Hot, Too Cold, Too Costly” report focused on...

Australia's cheapest, most expensive streets revealed, There is a massive $44-million gap between Australia's cheapest and most expensive streets. Wolseley Road in Point Piper, Sydney, has been named Australia's most expensive street. It boasts a median house price of $45 million, reflecting a significant 36% increase from the 2023 median price. That price was $33 million just 12 months ago,...

First-home buyer spends $1.26M on renovation, A first-home buyer secured keys to a renovated Abbotsford home for $1,262,000 at auction on Saturday.They beat three other bidders to win the property. Four first-home buyers attended the auction at 235 Nicholson Street. The property was listed with a price guide of $1.1 million to $1.15 million. One party opened the bidding at $1.11 million, and the...

Perth home listings hit three-year high, In November, the median time to sell a house in Perth increased to 13 days, up from nine days. According to REIWA chief executive Cath Hart, the median days on market have been rising for several months. Furthermore, this change corresponds with a rise in the number of listings for sale during the same period. "New listings have reached their highest...

Buy a Chanel house for bracelet price, A Chanel-themed house has recently been listed for $175,000, which is equivalent to the price of one bracelet. This charming three-bedroom terraced house is situated in Mexborough, a town in South Yorkshire, United Kingdom. From the exterior, the house appears to be a typical English terrace, blending seamlessly into its surroundings. However, upon...

Best time to buy a home in three years, Australian consumers now believe it’s the best time to buy a home in nearly three years.This comes as the outlook stabilises for interest rates, while inflation begins to ease. The Westpac-Melbourne Institute time to buy a dwelling index surged 21.7 percent in the three months to November.However, it remains below the long-term average and still reflects...

Ben moved 28km for affordable housing, Ben Kreunen has increasingly moved further away from Melbourne over the years in search of more affordable rent.This shift comes as the rental crisis in the city has worsened, making housing prices climb significantly. "I began by living in share houses, which was more affordable," said Kreunen, reflecting on his early days.At the time, living closer to the...

Family spends $2.7m to enter zone, A local family outbid a builder to secure a four-bedroom cottage in Balwyn North, ensuring access to the high school catchment. They paid $2,702,000, nearly $200,000 over the reserve price, in a competitive auction on Saturday. The home, situated on a 724-square-metre block, had a price guide of $2.3 million to $2.5 million. Its reserve was set at $2,525,000....

First-home buyer pays $3.22m for cottage, A reimagined 1880s cottage in Erskineville was sold at auction on Saturday for $3.22 million. This price marks a significant increase, as it had previously sold for $555,000 in 2007. The four-bedroom house, located at 19 Devine Street, had a guide price of $2.75 million. Its reserve was set at $3.2 million, and bidding began at $2.9 million. Two out...

Sellers encouraged to meet 2025 price expectations, "Dear Vendors," the nation's buyers are saying, which could be interpreted as a heartfelt message to the country's vendors. "We love your property and are eager to buy it, but not at any price. Please be realistic." "By doing so, we can form a strong relationship. However, if you don't adjust, you might remain unsold for a long time." As...