Four in five auctions clear amid buyer frenzy
The success rate of Sydney auctions increased this week despite a bump in the number of sales, with one property attracting overs well above $7 million.
The success rate of Sydney auctions increased this week despite a bump in the number of sales, with one property attracting overs well above $7 million.
Forget Bondi or celebrity haven Byron Bay – the top growth suburb for house prices over the past decade was a city enclave famous for its eclectic restaurants and middle-eastern vibe.
It was a bumper weekend of property sales activity across Sydney, with 700 auctions scheduled, but buyer competition was so stiff one home seeker lost the plot and started bidding against himself.
New research has revealed an alarming number of Aussies maxed out their borrowing capacity late last year expecting an event that never transpired, raising questions about the future of their loans.
A spate of hoarder home sales in Sydney have given a rare glimpse into the secret lives of some of their residents and their confronting living conditions. Warning: graphic.
A couple has found a way to live rent and bill free for nearly three years in houses they say they could never afford, helping them save more than $20,000 a year in living costs.
Multiple reserve prices were smashed by hundreds of thousands of dollars, and one by more than $1 million, in what was the biggest weekend for auction sales so far this year.
A historic terrace once used as a brothel and last sold more than 100 years ago for 30 pounds, got dragged into the 21st century with a truly epic sale price, $440,000 over reserve.
House hunters have become so starved of time to do the necessary leg work involved in buying properties they’re resorting to some unusual measures to hasten their entry into the market.
Sydney home seekers can still bag homes in beach suburbs for under $650,000 if they’re willing to make some compromises, sales research reveals.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/134