First-home buyers

For anyone watching homes in their area sell for millions, the budget considered achievable for an average household would be a big surprise.

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Over the years, property values have had periods of large gains and then dips, much like the one the market is going through now.

Beach houses in many popular spots have recorded double-digit price drops over the past couple of years, and buyers have their pick.

While the typical house in Sorrento costs more than $2 million, plenty of other coastal destinations offer beach lifestyle on a budget.

The 30-year-old has lived in a converted skip bin for two years. It’s a cost-saving measure and a statement about the housing crisis.

Property prices are sky-high and cost-of-living pressures are mounting, but with planning and strategy, buyers might be in luck.

An entry-level mansion, a designer cabin, a fire-damaged home on land, and a family-sized house were some of the bargains of 2024.

Tree-changing, downsizing, moving back in with parents – even households on solid professional incomes can no longer keep up with mortgages.

Melbourne’s property market has been sluggish, but a handful of suburbs are in demand from buyers chasing lifestyle on a budget.

Sydney’s property market has been starting to slow down, but a handful of suburbs is in demand from buyers chasing lifestyle on a budget.