Bidding wars are breaking out between buyers trying to secure properties in what’s being called an “eerily quiet” auction market. There were only 497 auctions in Melbourne last week, which was down from 723 held the week after Easter last year, according to CoreLogic. The 55.7 per cent preliminary clearance rate was also a drop…
Canberra house prices have experienced the first annual fall in more than six years, with the median house price declining at a faster rate than units. The latest Domain House Price Report, released on Monday, showed Canberra house prices have dropped 2 per cent year-on-year to a median of $722,440 over the March quarter. The median unit…
Sydney house prices have fallen another 3 per cent and the median is now $170,000 below its mid-2017 peak, new research shows, but the bottom of the downturn could be in sight. Experts say slowing price falls, fewer homes for sale and an uptick in lending suggest stability is on the horizon. Sydney’s median house…
A northern beaches suburb’s most affordable house this year is being auctioned on the weekend. Davidson is a prestigious and leafy suburb with large housing blocks known for its proximity to national parks. Developed in the 1970s the suburb is almost entirely made up of freestanding houses on blocks each of around 760sqm. The median…
Mixed-use developments have ridden a wave of popularity over recent years that shows no signs of slowing. Kingston Foreshore, Braddon, Campbell 5, NewActon, Gungahlin Town Centre and Greenway have demonstrated the appetite for precincts where people can “work, rest and play”. Albert Stavaruk of Peter Blackshaw City & Inner North says a combination of factors…
A front door recycled from a Fitzroy pub is a telling indication that this home in the tranquil surrounds of Warranwood is going to be unique. Soaring cathedral ceilings make the interior of 39 Landau Drive feel giddier than a Christmas morning mimosa, with natural light capturing the architectural features that make this glorious four-bedroom home so…
Home loan borrowers in Manly Vale have emerged as the State’s top savers when it comes to refinancing their home loans, according to research over a two-year period. Mortgage broker Aussie Home Loans crunched the numbers on thousands of refinance deals across NSW and discovered that mortgage holders in Manly Vale came out the big…
While the idea of owning a private island is little more than a pipe dream for most of us, there are still plenty of them going to market and selling. From a picturesque Greek retreat to a remote Polynesian paradise, those looking for their own water-locked hideaway have plenty to choose from. Here are five…
pending over five months on the market proved a blessing in disguise for the vendors of a Box Hill townhouse, in a week where just 48 auctions were recorded across the whole of Melbourne. With plans to upsize, the owners of 10/1 Via Media listed their three-bedroom property late last year with an asking price of $670,000.…
It’s been branded the biggest new rort in apartment living: a way of locking unwary new unit owners into expensive long-term contracts to pay for basic services the developer of the building should have provided. Instead of paying to install the necessary building infrastructure, such as gas, electricity, water, stormwater filtration, heating, airconditioning and internet…