Property taxes double in 4 years
STATE governments are raking in nearly twice as much revenue from property taxes than they were at the start of the decade and are draining homebuyer pockets to stay in the black, research shows.
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When prices will stop falling: ANZ
HOME prices fell in both Sydney and Melbourne last month but the weakened market will bottom out soon, with ANZ pinpointing the month when the market will start to pick up again.
Australia loses favour with Chinese investors
CHINESE investors have been looking outside of Australia for real estate opportunities with a new country now in line to become the next hot spot for buyers based out of China.
Confidence in property market sours
AGENTS and other real estate workers can usually be relied on for an optimistic view of the property market — but a new survey shows even they are starting to entertain doubts about the future.
Hard sell will allow buyers to flourish
FALLING prices are expected to push an avalanche of homes onto the market in the first half of the year turning Sydney from an extreme seller’s market to a buyer’s one, housing experts claim.
Home for rent at $113k per week
EVER wondered what $113k a week rent gets you? One of the world’s largest homes is now up for grabs with a revolving dance floor, 23-bathrooms and walk-in fridge but it also has one thing in common with some regular Aussie abodes.
Suburbs where home sellers lost most money
PANICKED homeowners in pockets of Sydney have been selling their properties for well below the prices they paid as the slowdown in the city’s housing market intensifies.
Home price falls set to continue
SYDNEY sellers could once name their price but now some agents are struggling to attract prospective buyers to open for inspections, signalling prices could fall even further.
What pause in Sydney’s house boom means to you
Sydney real estate has finally emerged from what economists are calling the “perfect storm” — a five-year boom period of wave after wave of home price rises.
Couple get first home — for $1.08m
A UNIT with ocean views may not be what every first time buyer budgets for their home but for one northern beaches couple it’s a stylish entry into the housing market.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/126