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Sydney house prices

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Local government areas with high concentrations of units recorded the most loss-making sales.

The neighbourhoods where the most homes sell at a loss

Some areas of Sydney and Melbourne with a high concentration of one property type have recorded the highest portion of loss-making sales in the country.

  • Jim Malo and Caroline Zielinski

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Christopher said properties could sit on the market for six months or more if they were overpriced.

Why more properties are sitting on the market across Australia

Data shows that more homes are taking longer to sell than this time last year in some cities, and experts say it’s largely due to sellers.

  • Jim Malo
A swathe of those with a mortgage have less than $10,000 in savings.

First-home buyers used tax cuts, rate reductions to feed their mortgages

Some have the cash saved to buy a home under the federal government’s deposit scheme, but affordability issues may stop them purchasing.

  • Emily Power
4 Tremere Street, Concord NSW

Local upsizer pays $3.93 million for luxury Concord duplex

A developer cashed in after building, and selling, a pair of homes on a single block which last traded for $3.92 million in 2022.

  • Carmen Forward
Carlo and Christine Rinaudo have put their Rodd Point home on the market, a suburb where house prices have surged in three months.

In some Sydney suburbs, house prices just rose $200,000 in three months

In the pocket of Sydney that led quarterly house price growth, the latest data shows prices surged as much as $200,000.

  • Kristy Johnson
Buyers are becoming more confident after rate cuts.

How rate cuts could make buying at auction harder

A key metric has revealed buyers could face more competition when buying at auction, after rate cuts gave the property market a shot of confidence.

  • Jim Malo
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An auction in Roseville, Sydney, where the median house price has hit $1,691,731.

How the property market became millionaires’ row

Sydney’s median house price hit $1 million about a decade ago and has climbed since, while Melbourne has been hovering above $1 million since the lockdown-era.

  • Shona Hendley
While the average home value in NSW remains the highest at $1.25 million, Queensland has overtaken the ACT.

Average Australian home value passes record $1 million

Despite growth in the number of residential homes and a slowdown in price growth, the value of Australian homes across all states climbed in the first three months of the year.

  • Millie Muroi and Shane Wright
The Strathfield home is one a tranquil tree lined family-friendly street, said the listing.

First home buyer secures $4.23 million Strathfield home with dad’s help

The buyer bid up to $4.1 million at auction for the modern five-bedroom house, before bowing out. Then his father stepped in.

  • Carmen Forward
Simon Berry with his dachshund Pickle.

Simon felt misled by a real estate agent. He soon found a better way

We spent a year tracking auction prices in Sydney. This is what potential buyers need to know.

  • Kristy Johnson and Elizabeth Redman

Original URL: https://www.brisbanetimes.com.au/topic/sydney-house-prices-1mo2