First-home buyers are taking a massive gamble
First-home buyers are pouncing on properties even when they suspect they’re overpaying because there is one thing they fear more than spending too much.
First-home buyers are pouncing on properties even when they suspect they’re overpaying because there is one thing they fear more than spending too much.
Treasurer Josh Frydenberg’s budget included some much needed homebuyer relief but fell short of addressing the underlying cause of Australia’s housing affordability problems.
Sydney’s booming property market is starting to come off the boil, with a slowdown in a number of regions set to give buyers renewed hope. FIND OUT WHERE:
Another round of Sydney homes have sold for big prices up to $1 million above reserve at auction, including a multimillion dollar house the buyer only wants for the land.
Lucky homeowners have scored Sydney’s biggest price paid at auction this week after reselling their house for $2.9m more than they paid for it in 2018.
A two-bedroom house in Sydney’s west has sold at an auction that shocked even the agents as the steep price will mean the builder buyer may struggle to make any money from the site.
Long queues at open for inspections and soaring prices haven’t been a reality everywhere in Sydney and there are still areas where buyers call the shots, new research has revealed.
A house with five living rooms, 12 bathrooms and numerous other rare inclusions has been snatched off the market at a jaw-dropping price after attracting the interest of an unusual buyer.
A land grab has helped overgrown, derelict and dated houses top Sydney auction sales, with buyers paying up to $6 million for properties they plan to demolish.
Don’t count on Sydney’s property boom ending any time soon but there are signs the “crazy days” are beginning to pass and the market will become less extreme, analysts claim.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/99