Sydney house prices

Young people who feel locked out of the property market say neither of the major parties’ strategies will help solve Sydney’s housing crisis.

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The waterfront complex has a swimming pool, tennis court and pontoon; the spacious home features four bedrooms and sparked a hot contest.

For an entry-level property in prestige pockets, buyers may have to compromise on location or forgo a view entirely.

The dilapidated three-bedroom home, which the agent thought was “too much work” for many buyers, soared past its reserve.

Sydney property owners have gotten a windfall over the last 10 years, with rises split between elite areas and the booming outer suburbs.

The Millennials behind the label have been expanding their portfolio, picking up another property for just under $30m.

Seven buyers registered, all with big dreams of turning a deceased estate with uninterrupted views and a top position into a trophy home.

The rare double land holding in exclusive Watsons Bay is moments from the water and measures up to more than 1300 square metres.

Matthew Armstrong and his wife reached their 30s and realised it could take years to save a deposit on a Sydney home. Then they found a way.

She describes her life as a “Chinese fairytale”, but there’s more to Monika Tu than just glitz, glamour and a fabulously opulent wardrobe.