Real Estate

Even with rising property prices and a shift towards smaller lots, the Australian dream of owning an affordable freestanding house on a quarter-acre block is still achievable—though you may need to search in more distant areas to find it. Affordable suburbs with quarter-acre blocks According to the latest data from PropTrack, buyers looking for an affordable property with around a quarter-acre of...

Windsor homeowner’s book boosts $1.625 million sale, A Windsor home, described by its owner as a “really big hug,” was sold yesterday for $1.625 million in an auction that exceeded expectations by six figures. In 2020, the vendors delved into the property’s 136-year history during a renovation and documented it in an 86-page book about the home. Owner Matthew described the house, one of...

Australia's terrace listed at $22 million A magnificent Victorian terrace in inner Sydney is poised to set a new national record for terrace sales. 'Saraville,' a freestanding terrace built around 1890, features four bedrooms and sits on a 341sqm block at 29 Challis Street, Potts Point. It has been listed for sale with a price guide ranging from $20 to $22 million. If the property sells within...

There are more homes for sale each year, which means less competition and more choices for buyers. In some places, new listings have gone up by more than 30%. Spring offers more homebuyer options, According to the most recent PropTrack data, the number of property listings in July significantly exceeded the five-year average from 2018 to 2023. In fact, new listings were 6.4% higher than the highest...

Australians earn average profit of $326,000 selling homes, As Australia’s property market soars, more homeowners are making big profits when selling their properties. The new Domain Profit & Loss Report shows that many cities are seeing the highest rates of profit from resales in years. Brisbane stands out with 99.5% of houses selling for a profit. Across the country, the average profit...

Major shift set to change apartment living, Home builders are increasingly constructing larger apartments with additional bedrooms, anticipating that Australians who wish to downsize will prefer to live closer to the city as they age. The latest developer to embrace this trend is Mirvac, which has commenced work on its $200 million Albertine apartment project in Melbourne. This 15-storey boutique...

98 neighborhoods likely to see value increase, Home values in some of Australia’s most exclusive suburbs are expected to rise even further, driven by billions of dollars in upcoming renovations. Luxury neighborhoods nationwide are preparing for a construction surge that could further elevate property values, with the most expensive areas leading in renovation approvals. In June, renovation...

Here’s why Adelaide surpasses Melbourne, If there were a Miss World Cities pageant, Australia would have an exceptional roster of contenders. However, the crown would undoubtedly go to Adelaide, which has recently been recognized as the most beautiful city in the world by Architectural Digest. While this accolade was expected by locals, it has understandably ruffled the feathers of some...

Skills That You Can Learn In The Real Estate Market, The real estate market is a dynamic field filled with opportunities for those willing to develop essential skills. Whether you’re an aspiring agent, investor, or property manager, acquiring expertise in various areas can significantly enhance your success. Here are some key skills to consider mastering as you navigate this exciting...

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