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Aidan Devine
Aidan DevineReal estate editor

Aidan Devine is the real estate editor for the Daily Telegraph.

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Sydney
Emilio Mrakas with wife Alanna and kids Christopher 3 and Ariana 1 pictured at their Belmore house that is going to auction on Saturday in a bumper Sydney market where prices are rising. Picture: Toby Zerna

Housing boom is creating huge wealth

Analysis of three decades of housing data has revealed just how much prices grew from 1990-2020 and how the market created unprecedented family wealth – especially for the rich.

Sydney
SYDNEY, AUSTRALIA - FEBRUARY 20, 2021, Auctioneer Damien Cooley in action at Service Street Home Auction in Ashfield Today in Sydney, Australia. Picture: Newscorp Sunday Telegraph / Gaye Gerard

Where homes earn owners $110k a year

Property has been delivering average earnings of $110,000 a year in some regions of Sydney following an unexpected boom in house prices. SEE WHICH AREAS TOPPED THE LIST

NSW
Real EState: 285 Glebe Point Rd, Glebe

Uninhabitable terrace sells for $3m

An uninhabitable inner Sydney terrace with holes in the floor, crumbling walls and torn ceilings has sold at an auction the agent described as “insane”.

Sydney
20 Merino Crescent, Airds, is listed at $430,000-$450,000. NSW real estate.

Sydney’s cheapest houses revealed

It is still possible to get houses for under $500,000 in parts of Sydney but our cheapest listings also reveal a harsh reality about life in Australia’s largest city.

Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/103