This Month
Sydneysiders need $235,000 income for affordable housing: Jarden
Home buyers nationally need to earn an average of $161,000 to access an affordable home across the country according to a new report. In Sydney, it’s $235,000.
House prices hit a new high ahead of the election
House price growth is poised to gather steam next week and another interest rate cut this month, according to analysts.
April
Millennial fashionista buys $48.5m Bellevue Hill pad
She began by investing $200 in a fashion start-up with a university friend. Now, Meshki co-founder Natalie Khoei has just bought a $48.5m Bellevue Hill home.
Long settlement helps buyer spend $4.77m on home
Time is money in property and there’s a trick that upsizing buyers are playing that makes the vendor their financier.
The electorates where house prices rose (and fell) the most
One in 15 electorates jumped more than 30 per cent since May 2022, but values fell in 60 seats according to a new analysis.
Liberals want house prices to grow slower than wages
Peter Dutton declined to endorse comments from opposition housing spokesman Michael Sukkar on the campaign trail on Tuesday.
The suburbs where house prices hit records
Expectations of deeper rate cuts along with demand-boosting Labor and Coalition housing policies could spark a sharp increase in prices this year, say analysts.
3 charts that show why housing is a key battleground for PMs
Residential property values have surged almost five times as much under Coalition governments than Labor ones over the past 35 years. Here are the reasons.
Albanese offers first home buyers 5pc deposits, fuelling demand
The new policy is a dramatic expansion of the government’s first home guarantee scheme as Labor seeks to grab voters’ attention on the issue of housing.
Melbourne’s auction clearance rate hits nine-month high
The housing market seems to be defying the gloom and fear that has taken over sharemarkets in the past week, say agents and analysts.
The suburbs where house prices are rising (and falling) the most
House prices are climbing across more suburbs in Sydney and Melbourne as the recovery gathers steam.
‘Abandoned mansion’ sells for $26m, breaking suburb record
Retiring Sydney developer Oscar Gonzalez and his wife Maria have paid a suburb record of $26.1 million for an empty Hunters Hill mansion.
Home prices climb to record high
The February interest rate cut has revived confidence and boosted demand, despite only a small improvement in affordability.
March
Housing market recovery gathers steam
With a helpful kick from the Reserve Bank’s first interest rate cut, Sydney and Melbourne house prices are climbing once again after modest recent declines.
Wealthy suburbs turn to buyers’ markets as house prices slump
Deep-pocketed home buyers could land discounted houses in the country’s most expensive markets where prices have fallen over the past 12 months.
Last quarter’s least and most profitable housing markets revealed
Home sellers racked up record profits in the December quarter, but apartments delivered losses for many owners in Melbourne and Sydney.
Melbourne’s home buyers turn bullish after rate cut
The city’s housing market recovery is forecast to gather steam as buyers embrace a better borrowing environment.
Billionaire Melbourne Cup winner offers $22m Melbourne penthouse
Billionaire businessman Lloyd Williams has listed his lavish Melbourne penthouse, while Archibald-winner Del Kathryn Barton has sold her Paddington terrace.
The prestige suburbs leading Sydney and Melbourne rebound
Affluent Sydney and Melbourne suburbs are posting solid rebounds in price after previously suffering the largest declines from their peaks.
Melbourne’s housing values snap 10-month decline
Melbourne and Hobart lead the abrupt recovery, while Perth, Adelaide and Brisbane slowed sharply.