What average home price actually buys you
Sydney’s property boom has widened an already glaring gap between city prices and those in the rest of the country. Here’s what the new median price gets you around the city and country.
Sydney’s property boom has widened an already glaring gap between city prices and those in the rest of the country. Here’s what the new median price gets you around the city and country.
A one-of-a-kind resort-like home has sold for more than $1.2m over the ambitious reserve price thanks to a buyer who had been waiting years for something like it to be listed.
A house blocked by danger tape because of hazardous damage has sold for a whopping price at auction after a showdown between 16 bidders, including the family set to move in.
Homeowners in multiple areas are spending more than half their pay on mortgage repayments and would be in “dangerous territory” if interest rates climbed even slightly, analysis shows.
Sydney property prices ballooned again over May, surpassing rises in every capital, and the market is now approaching a once unthinkable milestone.
A federation-style house with lofty price expectations looked certain to pass in at auction on the weekend until a comment by the auctioneer sparked a last ditch bidding war.
Parents enrolling their kids at NSW’s top public schools will pay a steep hidden cost in the form of inflated house prices or rents, with data revealing the most expensive catchments to live in.
A Western Sydney fibro house with minimal scope for development has sold at a crazy auction for more than double the reserve, a result the out-of-area seller thought was a joke.
New modelling has revealed how much of Sydney’s housing stock would be affordable for those on lower- and middle-incomes and where they have the best chance of getting a home.
It may be a boom market but an auction for a modest brick house has taken things to a whole new level of insane with a price millions higher than anyone expected.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/97