Property market
‘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
Latest
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
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
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
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
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
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 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
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, 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
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
Original URL: https://www.theage.com.au/topic/property-market-60w