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Housing affordability is at its worst on record.

‘Basically impossible’: Housing affordability is the worst on record

High interest rates and rising prices have pushed key measures of housing affordability to their worst levels on record, and experts say rate cuts won’t help.

  • by Jim Malo
Some Randwick home buyers are paying cash.

No mortgage, no worries: Sydney suburbs where home buyers pay cash

The typical home bought in cash costs as much as $2.7 million in some sought-after pockets where buyers don’t need help from the bank.

  • by Jim Malo and Elizabeth Redman

Dream Homes

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Housing affordability is at its worst on record.

‘Basically impossible’: Housing affordability is the worst on record

High interest rates and rising prices have pushed key measures of housing affordability to their worst levels on record, and experts say rate cuts won’t help.

  • by Jim Malo
Some Randwick home buyers are paying cash.

No mortgage, no worries: Sydney suburbs where home buyers pay cash

The typical home bought in cash costs as much as $2.7 million in some sought-after pockets where buyers don’t need help from the bank.

  • by Jim Malo and Elizabeth Redman
South Yarra is among the suburbs with the highest amount of cash spent on property.

The Melbourne suburbs where billions in property sells mortgage-free

In the inner city, it can be difficult to get a mortgage for some properties. But in others, buyers don’t even bother talking to a bank.

  • by Jim Malo
A family paid a premium to be close to St Peters Lutheran College.

Family bags trophy home for $3,888,888 the night before auction

The buyers made sure the Indooroopilly house had a price containing plenty of figure 8s - the luckiest number in Chinese culture.

  • by Sarah Webb
52 Chatsworth Road, Prahran VIC 3181

Home buyers who weren’t even looking splash $5.7m on Prahran terrace

The house attracted three bidders at auction who had not been in the market but were interested in buying this particular property.

  • by Carmen Forward and Jim Malo
155 Rochford Street, Erskineville NSW 2043

Flipper makes million-dollar paper gain on $3.73m house

An owner builder who spent $2,445,000 last year on an inner-city home and gave it an extensive renovation attracted four bidders at auction.

  • by Carmen Forward
The five-bedroom house at Pulpit Point in Hunters Hill was the highest house sale in 2012 at $9.08 million.

Hunters Hill ‘abandoned mansion’ gets last-minute reprieve from mortgagee

Intrigue has surrounded the house ever since the owners walked out a few years ago with teacups left on the kitchen bench and shoes lying by the front door.

  • by Lucy Macken
Albert Park house values are falling.

Melbourne suburbs where house prices are falling fastest right now

Several Melbourne bayside suburbs, including one of the most prestigious, have recorded steep drops in the last three months.

  • by Jim Malo
The riser of smaller homes.

The Sydney suburbs where home buyers pay top dollar for tiny blocks

Architects have come up with clever ways to live in terraces and small homes close to parks and playgrounds, and buyers are on board.

  • by Kristy Johnson
32 Chessell Street sold for $2,363,000 at auction on Saturday to a Darwin family who came across the property the night before.

House in Melbourne’s east sells for $2,362,000 to surprise buyer

The winning bidders saw the ad for the five-bedroom property for the first time on Friday evening. Less than 24 hours later, the home was theirs.

  • by Alexandra Middleton
Eastwood villa sells for $1.66 million on Saturday.

Eastwood villa sells for $1.66 million, almost tripling since 2007

Four downsizers from the suburb and surrounds registered to bid on the two-bedroom, two-bathroom home that last sold for $570,000 less than two decades ago.

  • by Kristy Johnson
34 Irving Road, Toorak

Our favourite homes for sale in Melbourne right now

Looking for your next home in Melbourne? We’ve got you covered.

  • by Jacqui Hammerton and Lou Sweeney
3 Yerton Avenue, Hunters Hill

Our favourite homes for sale in Sydney right now

Looking for your next home within Sydney? We’ve got you covered.

  • by Pauline Morrissey and Lou Sweeney
Crawford said she’s heading into the busiest time of the year, however, business is always seasonal.

The Sydney suburb where nobody is behind on their mortgage

As some Sydneysiders fall behind on their repayments in the cost-of-living crisis, other neighbourhoods are better placed to keep up.

  • by Kristy Johnson
The 16-room mansion with tennis court and swimming pool of Rizwan Rana is proving a little too big for the petrol station mogul.

Servo mogul shrugs off liquidation, aims to sell record-setting $10.5m home

He paid a record-setting price last year when he purchased his 16-room mansion with indoor swimming pool, and is no doubt hoping to better the price.

  • by Lucy Macken
Michele Petrie is a Sculpture artist, widower and grandmother of four, 74 year old Michele renovated a Tuscan-inspired house into a modern day masterpiece that blends in with the spotted gums by the water in Avalon.

How an artist turned an ‘ugly’ $4.4m home into a $14.5m waterfront gem

It became her permanent abode after travelling the world and living in 37 other homes. But it has gone through several changes.

  • by Carmen Forward
11 Cooper Street, Seymour TAS 7215

Our favourite luxury homes for sale right now

From a rammed-earth home that’s an escape from the rat race to bold architecture set in established gardens, these are our top picks.

  • by Kate Farrelly
Are property investors selling or buying?

Why property investors are selling now – and why they’re buying even more

There are two narratives about investor activity: One that investors are selling up – the other that more investors are entering the market.

  • by Jim Malo
The three-level house on Chiswick’s Parramatta River was built in 2019.

Fugitive Jean Nassif’s waterfront Chiswick house hits market

Just before Sydney’s property market closes for the summer comes one of the year’s most anticipated listings - the home of a famous Lebanon expat.

  • by Lucy Macken
58 Kingsholme Street, Teneriffe QLD 4005

Sick of neighbours? House on a giant traffic island for sale

Ever heard of a house that fronts three streets and shares no boundaries with neighbours? Here’s one.

  • by Orana Durney-Benson
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Original URL: https://www.smh.com.au/property