Real Estate

25-year-old made holiday rentals a million-dollar business, When 25-year-old James Avramides purchased his first property in 2018, he had no idea it would change his life. While still living with his parents, he renovated the apartment. Then, he listed it on a short-term platform for holidaymakers. Six years later, he and his partner own at least four properties. Two of these are short-term...

Choosing the right builder is challenging, but the right choice makes your home-building journey feel collaborative instead of transactional. Three ways : This builder is innovating, As the building industry steadily rebounds from the challenges posed by Covid, homebuyers increasingly prioritize reliability and trust in their builders. Nearly one in three homebuyers now choose to build or...

Man uses quirky strategy to sell house, A real estate agent’s unique selling strategy has been drawing significant attention from prospective buyers recently. The agent, Jonathan Benton, is currently marketing a house in New Hampshire using inflatable dinosaurs as part of his strategy. This three-bedroom timber house is listed at $590,000 USD, which is approximately $881,000 AUD. Benton...

Banks will assess landlords' maintenance affordability, Banks would need to check if potential landlords can afford to maintain their properties under a new plan. This proposal aims to improve housing affordability and living conditions for renters in Australia. The Consumer Policy Research Centre made this recommendation to a senate inquiry examining financial regulations and home...

House for sale—“budget meal” included, rubbish, A three-bedroom duplex in Camillo, Perth, is currently listed for the incredibly low price of $329,000. The listing humorously acknowledges the reality of purchasing this property, which is currently under offer, according to Domain. “Similar to a tight budget meal, you’ll have to remove the unrecognizable bits and add creativity for...

Suburban units rise steadily despite downturn, This year has seen slow growth in home prices across Melbourne. However, one type of dwelling is defying this trend. Apartment prices in outer Melbourne increased by 0.6 percent during the September quarter. As a result, the median price for these apartments reached $603,000. Additionally, data from the Real Estate Institute of Victoria (REIV)...

Picture your ideal coastal home. You might see beautiful Hamptons-style designs, big kitchens, and calming beach colors. Transform your dream into an Australian coastal home, If you're dreaming of creating your own piece of paradise, whether in a new development or through a knockdown rebuild, here’s a handy checklist to ensure you cover all the essentials. 1. Choose a timeless facade The...

Final opportunity to buy before prices increase, Is the chance for aspiring buyers about to end? Real estate expert Andrew Winter from Compare the Market cautions that trying to “time” the property market can lead to losses. Furthermore, some buyers are wondering if Australia’s property market can become even more competitive. If buyers believe that a rate cut is possible next year, we...

Rapunzel's house feels like an Aussie fairytale, A luxurious $20 million mansion in Melbourne resembles a storybook castle and even features its own distinctive tower. Currently on the market for $20 million, this property, called Nambour, boasts a large landholding in the heart of Hawthorn. For that substantial price, buyers can acquire six bedrooms, six bathrooms, parking for four vehicles, a...

New home building costs are stabilizing now, Every aspect of building a new home has significantly increased in cost. Experts predict that these higher prices are likely to persist. According to analysis by Oxford Economics Australia, the cost of building a new home surged by 41 percent. This increase brought the total cost to $465,000 over the four years leading to December 2023. During the same...