Family sell to neighbour for $264K extra
A hotly contested auction in the St George area ended with a champagne finish as the sellers watched the home get snapped up by their next-door neighbour for well above what they wanted.
A hotly contested auction in the St George area ended with a champagne finish as the sellers watched the home get snapped up by their next-door neighbour for well above what they wanted.
Houses in some Sydney pockets have continued to attract high prices at auction despite COVID-19, with one brick cottage in Sydney’s north selling to an “impulse buyer” with big plans.
Home sellers have been getting mixed results at auction since the coronavirus pandemic started, with a review of the last three months of sales revealing the strongest and weakest markets.
Those intending to buy new homes to get the $25K HomeBuilder cashback have been warned vital fine print could mean they don’t get the government grant even after commencing building.
A former music teacher now worth $12 million due to some savvy real estate investments said most struggling property investors who weren’t as successful made the same mistakes.
Property buyers snagged three-bedroom houses for as low as $6000 in some parts of the country, with a review of the past year’s sales revealing the cheapest postcodes.
Sydney’s elite splashed out up to $40 million on homes this financial year, with an inside look at the top sales revealing many buyers continued to spend big even during lockdowns.
Property seekers who feel shut-out of the housing market by inflated prices are being offered a way to own real estate in blue chip suburbs for as little as $25,000.
A grubby terrace in a popular Sydney spot has hit the market missing a bathroom and with an old cabinet propping up part of the roof. It has to be seen to be believed.
Another spike in rental vacancies across Sydney over June sent the number of untenanted properties to the highest level in more than 20 years – and landlords had no choice but to cut rents.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/122