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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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EXCLUSIVEProperty
House hunters line up outside the open for inspect for a home in Earlwood on January 23, 2021. NSW real estate.

Why property is the new COVID panic buy

Sydney’s housing market has become snared in an unprecedented home buying frenzy due to a widespread fear that’s driving home seekers to extreme lengths to get their slice of the Aussie dream.

Sydney
Auctioneer Andrew Cooley at the sale of a Gymea Bay house on Saturday, February 6, 2021. NSW real estate.

Bold bid breaks 14 hearts at auction

It offered the prospect of a waterfront location for a steal but the hopes of 14 bidders were blown away at auction when the unique home they wanted sold for nearly $420,000 above expectation.

The Hills
3/56 Grose St, North Parramatta was listed for $899,000 in 2018. It later sold for $790,000 in 2020 for $790,000, more than $100,000 less. NSW real estate.

Home prices shoot to record high

It was another whirlwind month for the housing market and home values hit a record high, but it is a fundamentally different boom from any we’ve had in the past, experts revealed.

Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/107