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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
A couple who have just signed up a mortgage after buying their first house. Generic first home buyers Picture: iStock.

Demand for housing at record high

Aussies’ intentions to purchase property have hit a record high after a slew of interest rate cuts last year, but the rush to buy has coincided with another dramatic market change.

Sydney
SUNDAY TELEGRAPH - Pictured are trams back under way at the Circular Quay Lightrail station aftyer they experience some teething problems on the first day of operation today with an electrical malfunction. Picture: Tim Hunter.

Light rail squeezes house hunters

Sydney’s new light rail network has spurred an unprecedented change in the city’s southeast, which now leads a list of regions deemed “severely” unaffordable for local residents.

Sydney
*** SUNDAY TELEGRAPH FOR LATE NOVEMBER 2017 - DO NOT USE BEFORE - MUST CHECK WITH JEFF DARMANIN BEFORE USING ***Aerial shots far western Sydney viewed from the sky. New Oran Park estate pictured.

Home buyers dealt another blow

A new issue has emerged in the housing market that’s set to create another obstacle for home seekers trying to land a foot on an already unaffordable property ladder.

Sydney
Sydney's million dollar dumps before they were renovated. NSW real estate.

Million dollar dumps: how they look now

They were the uninhabitable homes sold for millions of dollars to renovators – but many are returning to the market for sale or rent and it’s hard to believe they’re the same properties.

Sydney
Prime Minister Scott Morrison delivers his speech after calling an election and gets a hug from Parliament House cleaner Anna Jancevski after his speech as she wishes him well. Picture: Adam Taylor

ScoMo scheme gives richer buyers edge

It became accessible just a week ago but Scott Morrison’s flagship first home buyer loan deposit scheme, promised before the federal election, is already facing renewed criticism.

NSW
FILE - In this Oct. 22, 2019, photo a sign stands outside a home for sale in southeast Denver. On Thursday, Jan. 2, 2020, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski, File)

Buying a home set to get even harder

Finding an affordable property that ticks all the boxes is enough of a challenge as it is in Sydney, but home seekers have been thrown a new obstacle set to make it even more difficult.

Sydney
Freedom Property Investors chief analyst Lianna Pan. NSW real estate.

Biggest mistakes new investors make

Investing in real estate is gaining popularity again following recent interest rate cuts, but there are some common mistakes new investors keep making, one analyst claims.

Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/137