Real Estate

New data shows over 100 thriving beach towns offer houses under $1 million. Affordable beach houses: 107 coastal suburbs, The median house price in 107 regional coastal suburbs was under $1 million, showing a growth of 5% or more. This data, from PropTrack’s October 2024 analysis, highlighted a strong market performance across these beachside areas. About a third of these suburbs had median...

Where property prices may drop in 2025, Property prices in Sydney and Melbourne are forecasted to drop by up to 5 percent in the upcoming year. However, Australia-wide home prices are expected to experience a moderate rise, according to recent predictions. The average capital-city property price across Australia is anticipated to increase by 1 to 4 percent. This forecast is outlined in SQM...

Explore where millions of new homes can be built, A fresh analysis reveals that over three million medium-density homes, such as townhouses, duplexes, and triplexes, can be built. This development could take place across Australian capital cities, providing significant opportunities for growth in these urban areas. According to the CoreLogic and Archistar report, titled The Missing Middle: The...

Is this Australia's lowest-priced house under $100k?, As property prices rise in capital cities nationwide, many first-home buyers and families are turning to regional areas for affordable options. In Broken Hill, a rural township in NSW, buyers can find some of the most budget-friendly homes available on the market. For instance, one property is listed at just $99,000, offering an excellent...

Real estate agency offers $224k cars to buyers, A real estate agency in New Zealand has introduced a creative strategy to sell newly built townhouses. Harcourts Golden Link Three Kings is offering a Toyota Camry worth AUD$44,800 (NZ$50,000) to the first five buyers. These buyers will sign up to purchase a townhouse in The Glade development, located in Auckland's Mount Wellington. This area is...

With home values rising over the past year, new data shows South Australian buyers increasingly favor new homes. New homes in high demand for South Australians, According to REA Group’s 2024 Property Seeker Report, nearly half (48%) of all buyers in South Australia are considering buying or have already purchased a new home over the past year. Furthermore, South Australia has the highest...

Simple switch could add $20k to home Catherine Halloran, a freelance real estate agent based in Canberra, understands that first impressions from buyers are crucial. She recalls a time when a property had a decorative Union Jack toilet seat, which surprised many buyers. Halloran mentions how something as inexpensive and easily fixed as this can influence a potential buyer's decision-making...

Suburbs with falling home values tempting buyers, In a market where many investor-grade units are losing value, buyers are cautioned against the temptation of a bargain. Purchasing a seemingly discounted property could end up costing significantly more in the long run. If a unit’s type, quality, or location is not in demand, its price may remain low for an extended period. Even if the price...

What’s the cost of Australia’s iconic beach view?, Bondi Beach is one of Sydney's most iconic tourist destinations. However, a view of its sands is more affordable than expected. Real estate in Sydney's Eastern Suburbs tends to be quite expensive. Additionally, properties with views of renowned beaches command higher prices. Undoubtedly, Bondi Beach is Sydney’s most famous beach, attracting...

Housing affordability reaches all-time worst levels First-time homebuyers now face mortgage repayments that exceed half of their income, according to new modelling. This makes housing affordability more challenging than ever before, creating significant financial pressure for potential homeowners. The typical Australian home price has surged to eight times the median household income, setting a...