‘Golden era’: Shock 2025 property forecast
Experts have revealed the real estate markets set to surge and stumble in 2025 and there are plenty of surprises.
Melbourne & VIC
Inside country’s most popular holiday homes
Australia’s most popular holiday homes have been revealed and there’s a clear trend in the properties getting booked out fastest.
Man who renovated 12 homes’ simple trick to double your money
Melburnian Frank Triantafyllou has renovated a dozen properties he’s lived or invested in, and in every instance he’s found a straightforward reno job is the easiest way to add value.
How much would you pay for the Brunswick Jacinda Ardern silo?
An industrial site in Melbourne’s inner north, where heritage-listed silos feature a massive mural of the former New Zealand PM, is up for grabs. See what its selling for.
Melbourne’s 24 priciest home sales of 2024
A last-minute multimillion-dollar mansion was the most-expensive home to change hands in 2024, as a handful of property deals generated hundreds of millions of dollars in sales. SEE THE LIST
The Geelong hot spots where buyers are waiting to break in
A community that’s become a hot pocket for people moving to escape the city holds the record as the nation’s most tightly-held real estate.
Remarkable Great Ocean Road home lands gold class price
The circa-1984 Cinema Point property with gold class views has wowed expectations after attracting an international audience to the incredibly rare opportunity.
Dusty, Jane Turner among biggest celeb home winners in 2024
From Kath and Kim’s Jane Turner to young rich-lister Adrian Portelli, celebrities have made a number of property plays around Victoria in 2024. SEE THE BIGGEST SALES.
Sorrento home of Aussie rocker hopes to hit $3.8m+ summer note
The home where ‘Sorrento’s very own Michael Hutchence’ grew up, and rehearsed with his band ahead of gigs, has been listed for sale with a $3.85m price tag. SEE INSIDE
Aussie suburbs set to boom in 2025
‘A new era in property is approaching’ according to Aussie real estate guru John McGrath and these are the suburbs set to benefit most in 2025.
250+ day wait: Buckley among famous faces struggling to offload homes
From Tania Buckley to an ex-car giant president, some of Melbourne’s most-prominent people are struggling to finish the year offloading their multimillion-dollar assets.
Simple trick to building a property empire
Some of Australia’s smartest property investors have used a different kind of approach to build portfolios worth millions and millions.
How much is a home with a view worth in Australia?
Home hunters can expect to fork out up to $800,000 more for a home with a view in Australia — but it depends on the type.
‘Bit of a vibe’: Melb family riding the $1m+ wave north
The city’s million-dollar club has defied the odds and grown across the year, despite widespread home value falls for almost 200 suburbs. See the area that this family struck it lucky.
Music, TV powerhouse puts quirky Hepburn Springs home up for sale
Music bigwig, executive producer and television show judge Amanda Pelman and her son Austin are farewelling a property near Daylesford described as a “living gallery”. SEE INSIDE
Worth $6.7bn+: who owns Melb’s major shopping centres
As thousands flock to the city’s shopping meccas like the Block Arcade, Chadstone and Kath & Kim’s favourite retail spot, Fountain Gate, have you wondered who actually owns them and how much they’re worth?
Geelong sales that should have buyers are licking their lips
Strong December sales show buyers are developing a taste for passive investments on some of the city’s busiest retail strips.
Ex-AFL stalwart Shaun Higgins’ makes millions in Bayside
Former AFL star Shaun Higgins and his wife Heidi have scored a multimillion-dollar deal for their luxe Bayside family home on the eve of Christmas. Find out how much it sold for.
Why Melb radio presenter is selling up to cross the river
Renowned singer and radio presenter Denis Walter and his wife Annette are selling their Wandana Heights home of 13 years to cross the Barwon River, again.
‘In tears’: Bayside auction sparks bidding frenzy
A Beaumaris home has stunned its vendors when it smashed expectations at auction, after initially dropping their price hopes. Find out what drove buyers to this mid-century home.
Geelong’s most expensive sales of 2024 revealed
Just three streets accounted for more than half the region’s 10 biggest trades this year as high-end buyers splashed a combined $62m on the cream of the crop.
Rippleside home snapped up as buyers compete for water views
The draw of unimpeded 180-degree views across Corio Bay to the Geelong city skyline were enough for two bidders to give a pre-Christmas bonus to sellers of three-storey home.
Why four bidders raised a hand for 1950s Highton home
A 1950s Highton home where new owners could make the most through cosmetic renovations sold after four bidders raised at hand at auction.
‘Risky move’: Melb buyers and sellers scramble before slowdown
First-home buyers and investors are in a frenzy as the Melbourne property market sizzles before Christmas. But what’s behind the rush — and why are some experts calling selling a ‘risky move’?
Ex-Vic premier’s home back on market in just three months
A former Victorian premier’s million-dollar western suburbs home is up for grabs just months after it changed hands. SEE INSIDE
Fingerprint scan to enter resort-style Frankston home named after a moon
A eye-catching home in Melbourne’s southeast boasts an infinity-edge pool, infra-red sauna and high tech fingerprint-scanner entry.
Why this celeb architects’ home stunned buyers
Celeb architect Owen Castley sold his passion project with strong competition from hopeful buyers. See how much it sold for plus take a look inside.
Melbourne mansion with man cave fit for a king
A mansion in Melbourne’s southeast is calling for all car lovers boasting a colossal 30-car man cave complete with a bar, workshop and showroom. See the pics.
Investors, first-home buyers battle at auction in outer southwest
An investor from regional Victoria outbid first homebuyers in a Melbourne’s outer southwestern suburb sparking signs an end to the rental supply could be in sight for the area. Here’s what we know.
Beloved Newtown home sells $226K above reserve
The family home near the ‘Paris end of Pakington St’ proves that the cream always rises to the top in a property sense, even when market conditions aren’t conducive.
Stereosonic co-founder sells mega mansion after $8m price cut
Stereosonic co-founder Richie McNeill has sold a showstopping 1960s-built Toorak mansion where his prized Star Wars collection is displayed. Take a look inside.
Property shake-up coming in 2025
An interest-rate cut isn’t the only big change real estate experts are expecting to hit the country next year as affordability and lifestyle decisions continue to play out.
New Melbourne suburbs to join the $1m club
Multiple Melbourne suburbs have defied the odds and grown across 2024, despite widespread home value falls for almost 200 suburbs around the city.
Higgins’ $3m+ test in ‘stubborn’ Melbourne market
Retired AFL star Shaun Higgins’ is sending his luxury Bayside home under the hammer in one of the final weeks of auction action for the year.
Steph Claire Smith makes $7m+ splash with Brighton sale
The popular fitness influencer and husband Josh Miller have sold their Palm Springs-style pad in Brighton East for a multimillion-dollar sum, just two years after buying it.
Dusty set for second big property score in seven days
Tigers great Dustin Martin could be set for his second real estate windfall in a week after five offers were made for an Abbotsford commercial property he has an interest in.
Australia’s top 10 regional hotspots for home buyers
Queensland dominates the top 10 regional locations most popular with buyers, but two other states are seeing surprising strength now.
Cantilevered Wye River stunner named Australia’s best home
A rugged hillside in an extreme bushfire zone called for creativity from a builder with a vision to build his family an eye-catching coastal retreat.
Geelong’s big shift as a hotspot for home buyers
Geelong is among the top 10 regional locations most popular with home buyers amid strong growth in people shifting to the region.
Where Aus home prices plunged $1m in 2024
Suburbs where home values plunged in 2024 have been outed, with one losing more than $1m in a year. And experts have revealed another key red flag to beware of.
Fewer than 20 suburbs priced below $600k as affordability bites
The Victorian government is facing calls to expand its primary assistance program for first-home buyers with a swindling amount of Melbourne suburbs left with home prices below $600,000.
Boomers’ star hopes to score big on south east Melb property
Olympic basketball player and current Melbourne United star Chris Goulding is selling his home in the city’s south east suburbs. See what he’s selling.
Reality stars find golf ball-sized gold nugget near Vic house
Reality TV stars the Gold Gypsies have put their Victorian home base for gold hunting up for sale, near where they recently made a treasured discovery.
Splurge on Geelong’s cheapest suburbs as buyers grab bargains
More homebuyers are turning to Geelong’s most affordable suburbs as cost of living pressures continue to bite. New data reveals how that’s changed the landscape.
Moonee Ponds museum-like house has secret bar
A Moonee Ponds period house where there’s a secret bar is giving buyers a glimpse of what life was like more than a century ago, with the abode drawing comparisons to a museum.
Empty Vic block of land hits near $1.3m paydirt
Find out why this patch of earth on Geelong’s most underrated waterfront strip has gained almost $500,000 in value in five years.
Daylesford divided over The Block’s impact on town
The reno show’s arrival in Victoria’s Great Dividing Range is shaking up the town with eco-friendly homes and national attention, but not everyone is sure about one major issue.
Aussies getting trapped in ‘mortgage prison’
Aussies are being blocked up to $5000 in an insane banking loophole, which is deepening the strain on households.
Baby Boomers’ latest big buy up
Baby Boomers are buying up big in a number of different ways and it’s having a huge effect across the country.
Inner city bayside vibes rock at Tardis-like townhouse
A rooftop deck with water views is the crowing glory of a three-bedroom Geelong residence that packs in much more than you might expect.
Multiple 130-year-old Victorian churches pop up for sale
Three of the state’s historic churches are being offloaded in the hope for a new lease on life. Find out where and what could be done to them if you’re lucky enough to buy one.
Stately heritage home breaks suburb price record
A grand Tudor-style residence has changed hands for just the third time since 1931, setting a new benchmark in an unlikely location.
$1m+ drop: Melb’s fastest falling property markets revealed
One Melbourne suburb has had a more than $1.2m hit to its typical value in 2024, making it the city’s worst performing property market. See the list of areas with the biggest price drops.
Australia has never been in more trouble
Just when you thought the housing crisis couldn’t get any worse, this report paints the bleakest picture yet.
Why the RBA must cut interest rates now
OPINION: The mortgage cliff is finally here and families are on the brink. The RBA must cut before Christmas or it will be too late.
Eye-catching Newtown reno transforms ‘quirky ugly duckling’
Original curved windows were the inspiration for a classy redesign that’s added more than $1m to the value of this post-war home. See the before and after photos.
Exodus: Why people are fleeing a Melbourne street
One street in Melbourne’s inner west has gone viral because everyone is trying to get out. Now the locals and experts have explained why.
Young families chase mid-century gem in Newtown
Homebuyers are set to begin a new chapter for a 1950s mid-century home in a blue chip Newtown location they secured in an after-auction deal.
House with eight-car garage set to bust Burnside record
A floorplan sketched on a napkin led to the building of a spectacular house with an eight-car garage, that’s poised to break the price record of its suburb in Melbourne’s northwest.
Real estate guru says ‘weak’ Melbourne presents rare opportunity
One of Australia’s most popular cities shapes as a hot buy right now, but you will need to get in before it’s too late, according to expert John Mcgrath.
Richmond home seller reveals ‘sad story’ after six-bidder battle
A hotly contested warehouse conversion auction has ended a decade-long connection with the property for an owner who had come to regard it as a “bit of a sad story”.
1890s Vic home’s dramatic restoration chronicled on Instagram
An antiques dealer and artist have recorded the significant restoration of their nearly 130-year-old house on social media, where they also created a gorgeous garden haven. SEE INSIDE
Secret’s out: The Block 2025’s massive shakeup
It’s official! The Block 2025 won’t be the same after leaked plans revealed what to expect, following a controversial finale this year.
Family grabs entry-level chance with Western Beach home
A Hamlyn Heights family is embarking on a dream on the waterfront after snapping up a mid-century Western Beach house.
Dusty faces his first big housing market test
Recently retired AFL superstar Dustin Martin will put the first home he ever bought under the hammer this weekend as Melbourne’s first week of summer auction action heats up.
Banks ‘come to the party’ over Aussies’ $265bn
The big Aussie banks have been copping a hard time of late but when it comes to this $265bn feature, they are lending a helping hand.
27pc more: Albo’s new housing move ‘too pricey’
Put forward as a ‘sensible’ solution to deal with Australia’s devastating housing crisis, a Labor initiative to combat skyrocketing prices looks like it could do the reverse.
Bargain inner city rental suburbs revealed
An expert has named 36 postcodes close to CBDs where asking rents for houses or units are now affordable.
Melb’s unlikely millionaire pockets that locals don’t even know about
Some of Melbourne’s cheapest suburbs are also home to secret millionaire’s rows, where houses routinely snag multimillion-dollar prices, in some cases as much as $3m. See the areas.
The unlikely suburbs leading Geelong’s house price growth
Rising demand for family homes and renovations hitting the market are raising values in Geelong top growth suburbs of 2024. See the unlikely spots leading the way.
Aussie property listing fails that will make you LOL
From toilets in the kitchen to oddly positioned portraits of Alice Cooper, when it comes to listing property first impressions don’t always come first. See some of the wackiest listing photos.
Melbourne’s top 10 price growth suburbs of 2024
The city’s biggest boom ‘burbs have revelled in home prices jumping six figures since the start of 2024, defying the odds as sellers faced the toughest market since before the pandemic.
‘Pray’: Expert’s horror advice for Aussies
Experts normally have sound advice for struggling Aussies. This one threw all that out the window ahead of the RBA’s next rates decision.
Former Premier scores early win for long-time Melb home
Former Victorian premier Denis Napthine has bid an early farewell to his Melbourne home of more than 20 years, just before it was due to go to auction. See what it sold for.
Revealed: Where to find affordable rentals close to Melbourne
Finding houses and units in a number of inner-ring suburbs still offer reasonably priced options for Melbourne renters. See the cheaper pockets.
Blues footy boss makes multimillion-dollar Hawthorn move
Carlton president and ex-PwC chief executive Luke Sayers and wife Cate have sold their Hawthorn East mansion for a huge sum before Christmas. See what it went for.
44 Aussie suburbs you can buy on $95k wage
You don’t need to be wealthy to invest in property in these 44 locations across the country. See the list.
Beautiful homestead in Victoria’s south comes with alpacas
A picturesque Gippsland renovated homestead with a breathtaking alfresco deck, paddocks and Alpacas — all nestled on 15ha of land — has hit the market. See inside.
Marketing mogul puts $8.8m ‘street secret’ oasis up for sale
Marketing bigwig Sally Joubert and her architect husband Richard are selling their private oasis in the heart of South Yarra, featuring one of Australia’s first infinity-edge pools. SEE INSIDE
Saints legend ‘Aussie’ Jones selling entertainer’s paradise with putting green
Long-time Saint Austinn Jones and wife Kate have put their Gippsland property, that features a putting green, basketball court and outdoor bar, on the market. SEE INSIDE
Original URL: https://www.news.com.au/finance/real-estate/melbourne-vic