Unusual Paddo home sells for $215k over reserve
A Paddington home with an unusual front facade has defied sales expectations at auction selling for $215,000 more than what the sellers were hoping to get.
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Home bought for $17k resold for $2.15m
A vendor who made a snap decision to change his reserve price minutes before auction was still rewarded when the property sold for more than 100 times what he paid for it.
‘Impulse’ buyers win auction with shocking bid
A crowd of 150 people were left stunned at an inner west auction when a pair of buyers offered $600,000 above what the seller was willing to accept, blowing all other contenders out the water.
Suburbs where buyers are paying 2014 prices
Property seekers in some Sydney areas have been buying homes at or close to values last recorded five years ago as vendors slash their asking prices to counter the current market slump.
Tenants save big as landlords slash rents
Renters have become the surprise winners from the recent real estate investment boom and are now pocketing hundreds a week in savings in some suburbs, research shows.
Surprise auction offer gets cheers from crowd
A crowd of more than 70 people erupted in applause at the auction of a home in southeast Sydney this morning after a couple blew away all contenders with an offer no one was expecting.
Suburbs with Sydney’s cheapest homes
Property seekers are being spoiled for choice with almost twice as many homes for sale now than there were at the height of the property boom, with research showing where to get the best deals.
Shorten commits to first home buyers in budget reply
Bill Shorten made a pitch for “intergenerational fairness” in his budget reply speech and pledged to stop property investors playing with loaded dice against young first home buyers.
ALP reforms would hurt: first home buyers
The Labor Party has claimed cutting negative gearing would help young first home buyers, but some Millennials aren’t convinced and say it would make it harder for them to afford their home.
Buyers look to make a move as sellers get desperate
Buyers are taking advantage of desperate sellers, who are knocking up to $265,000 off their asking prices and offering to cover stamp duty costs, just to sell their homes.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/158