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...
Kitchen builder fined $24,000 for mistakes, A builder has been fined $24,000 after failing to correct a substandard renovation, which resulted in a vermin infestation. The builder, who remains unnamed by Nine, was prosecuted by the building and energy division of WA’s consumer watchdog. These fines ended up costing him more than the amount he was paid for the renovation job in 2022. The...
Queensland suburbs nearing top-ten expensive postcodes, Queensland’s luxury suburbs are edging closer to securing a spot in the top ten most expensive postcodes in Australia. Although old-money Sydney suburbs remain at the top, the Sunshine State's luxury market has seen substantial growth. Ray White data reveals that areas like Main Beach and Surfers Paradise are nearly entering elite...
Perth's least and most expensive streets revealed, Location is everything, but what cost? In Australia’s priciest street, a typical home demands $45 million from buyers. Wolseley Road, located along the harbourfront in Sydney’s Point Piper, has been named the country’s most expensive street. In Perth, the title belongs to Jutland Parade in Dalkeith, where the median house price is $6.35...
Unique, artistic homes available for sale, From ultra-stylish to slightly eerie, the artwork in these homes is sure to spark conversation among visitors. When selling a house, vendors are typically advised to neutralize the space, creating a blank canvas for buyers. However, for some properties, their distinctive character is one of the most appealing aspects. Here are some of the most...
Housing promises will dominate next year's Federal election as affordability reaches record lows. Aussie housing policies will impact 2025 election, The quarterly Mortgage Choice Home Loan Report highlights home loan trends, borrower intentions, and potential buyers in Australia. It revealed that most Australians are seeking a solution to the ongoing issue of housing affordability. Each...
Where to buy a house independently?, Homebuyers without access to the bank of mum and dad face significant challenges when purchasing in inner Melbourne. Even those earning above-average wages struggle to buy a freestanding house, according to CoreLogic’s Eliza Owen. For high-earning couples, compromises are essential when looking to buy a detached house in the city. Based on borrowing...
How Rose purchased a home independently, Rose Bishop lived in share houses for nearly two decades, until she found herself in a rental with black mould. The mould made her realise how much she craved the security of owning a home, which seemed impossible. As a 39-year-old public servant, she had grown up in a regional town and couldn’t rely on her parents. They couldn’t help her with a...
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