Sydney ‘burbs where buying is cheaper than renting
It is cheaper for new homeowners to pay down a mortgage than stump up rent in some Sydney areas despite a recent explosion in prices, new economic data reveals. SEE THE LIST
It is cheaper for new homeowners to pay down a mortgage than stump up rent in some Sydney areas despite a recent explosion in prices, new economic data reveals. SEE THE LIST
A family selling a modest brick home in Sydney’s west were left shocked after their auction netted them a price nearly $500,000 above expectation – and no one is quite sure why.
A comprehensive study of house prices and loan rate data has revealed more than 100 suburbs and towns where houses or units cost less than $250 per week to own.
First homebuyers have been rushing development sites across Western Sydney in a desperate bid to secure homes before the deadline for a $15,000 cashback.
NRL players have been joining the rush of Sydneysiders buying and selling real estate in the current boom market, with many making purchases just in time for the new season.
Gasps could be heard across the crowd at the auction of a house in Sydney’s northwest after it sold for a new record price $480,000 above what the seller paid six months ago.
Liberal councillor Christine Forster and wife Virginia Flitcroft have netted a massive windfall from the auction of their Surry Hills terrace ahead of Mardi Gras.
Real estate tycoon John McGrath has warned buyers need to avoid getting swept up in the current market hype and has given home seekers some stern advice.
A major property shortage has created a vicious cycle where would-be sellers’ decisions to delay listing are making the market even hotter.
Homes have sold at record prices in more than 30 Sydney suburbs in the past four months alone, with values rising $1100 per day in some areas, in what agents say are conditions “never seen before”.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/94