Tiny flat renting for $113,000 weekly shocks, An inner-city unit in Clerkenwell, London, has left onlookers confused after being listed at an astonishing price. The one-bedroom apartment is available on Rightmove for £249,000 per month, or £57,577 per week, which is eye-watering. Converted to Australian currency, this equals a massive $489,000 per month, or $113,000 per week, which is even more...
Sydney suburbs seeing homeowners sell under pressure, Sydney homeowners are choosing to sell their properties at a higher rate this spring, compared to previous years. This surge in listings is providing buyers with more options, which is contributing to downward pressure on property prices. According to CoreLogic data, there were 13.7 per cent more homes for sale in Sydney in October than the...
Graya secures $25M trophy home site, Record-breaking developers Rob and Andrew Gray have expanded into New South Wales by acquiring a prestigious waterfront site. The brothers, known for their Queensland-based company Graya, paid approximately $25 million for the Byron Bay property. Recently, they set a new price benchmark with a luxury development in Burleigh Heads, further boosting their...
Unique waterfront home in Berowra Waters, If you've ever escaped Sydney for a weekend at a Hawkesbury River cottage, you're familiar with its serenity. There is no traffic, except for the occasional sound of watercraft passing by, and no retail distractions or crowds. Marra Marra Creek is a peaceful stretch of water where the Hawkesbury River meets Berowra Creek, only accessible by boat. Here,...
Education-focused families prefer this area's schools, Beecroft, once a peaceful, leafy suburb, changed dramatically when the M2 motorway sliced through bushland in the 1990s. While the new toll road improved access to the city and increased home values, it also introduced noise issues. Local resident Ross Walker, who has lived here long-term, explains that the motorway created a physical divide...
Brisbane estate renovation breaks city price record, The most expensive home ever sold in Brisbane has quietly been removed from the market through a discreet deal. The property, located at an exclusive Ascot address, is believed to have transacted for a sum of $23 million. This sale has now set a new residential price record for Brisbane, surpassing the previous benchmark by $2.5 million. The...
Building a project home doesn't require sacrificing personality or overspending on customizations. Some thoughtful investments can significantly enhance your space. Worthwhile home project customizations to invest in, Project homes are the most popular type of residential construction in Australia, mainly due to their affordability and quick build times. These homes are typically constructed by...
Buyers' expectations fall $500k short of reality, Hopeful homebuyers in inner-city Sydney are setting their expectations nearly $500,000 lower than the reality of asking prices. A new analysis from Domain reveals that buyers seeking homes in the city’s closest postcodes are $450,000 below listings. For townhouses near the city center, the gap between buyer expectations and seller asking prices...
World's largest building begins $75 billion construction, In the Saudi capital of Riyadh, construction has begun on the world’s largest building, set to surpass all others. Once completed, this monumental structure, named The Mukaab, will be large enough to contain 20 Empire State Buildings. The cube-shaped building stretches nearly 400 meters in length, width, and height, making it an...
Homebuying in Australia just became harder, Would-be homebuyers are facing a lose-lose situation, with declining borrowing capacity and property prices that remain stubbornly high. Experts argue that modest declines in house values, like those in Melbourne, have been outpaced by shrinking borrowing capacities. Meanwhile, in Sydney, the median house value has risen higher than when interest rates...
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