Bikie gang beefs, knife attacks: Sydney auction horror stories
Knife attacks, bikie gangs and love: Sydney is known for the cutthroat nature of its property market and this is proof it brings out the best and worst in us.
Knife attacks, bikie gangs and love: Sydney is known for the cutthroat nature of its property market and this is proof it brings out the best and worst in us.
It predates the founding of Melbourne and Brisbane, but Australia’s oldest house currently for sale has a surprising mix of modern and old, including a “superhero wall” and 15 fireplaces.
Home sellers continued to net decent results from auctions this weekend, despite lockdown, but there were further signs the market is beginning to change in a big way.
A peak is now in sight for Sydney’s housing boom, experts claim, and it could have deep ramifications for homebuyers – especially those with a cavalier approach to price offers.
Lockdowns, border closures and other changes from the Covid-19 pandemic have been bleeding landlords dry in the suburbs deemed “riskiest” for investors.
It’s not just unaffordable property prices that have become a barrier for Sydney home seekers – buyers will have to contend with an additional problem that has been getting worse.
Most Aussies now think it’s a bad time to buy a home, despite record low interest rates, according to polling taken just before multiple states went into lockdown. Here’s why.
One of NSW’s biggest watering holes has changed hands in a sale that dwarfed recent hotel purchases by pub barons Justin Hemmes and Bachelorette star Stu Laundy.
An original cottage with limited scope for development has sold via an “auction before the auction” for $6.62 million, with agents warning lockdown won’t have the effect many buyers think.
Sydney has lost its long-held title as the most expensive major housing market in the country after prices in a popular regional town almost doubled in just one year.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/95