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Two parties registered for the spacious luxury home with a rental return of $1300 a week and south-facing leafy views.

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Three determined bidders fought “tooth and nail” for one of the Brisbane suburb’s last original Queenslanders.

The winners beat eight other parties for a family home at a heated auction that pushed well above the vendor’s reserve price.

After a decade of saving, even many higher-paid professionals would be short of their goals as property prices rose out of reach.

Some of Sydney’s ritziest suburbs have recorded falls in house prices, even as competition increased in more affordable areas.

House prices in some exclusive Melbourne locales have dropped, although buyers will still need to shell out for the ultra top-end properties.

Bidding was fierce for a two-bedroom unit in Russell Lea that sold at auction on Saturday for $1,375,000.

Properties in these beloved suburbs change hands only once every 20 years, and residents say it’s because everything they need is close to home.

It’s got neighbourhood spirit, great infrastructure and it’s within walking distance of the beach – but at a lower price point.

From trendy terraces to freestanding family homes, here are our pick of the properties on the market in Sydney right now.