Caroline Zielinski is a property reporter at The Age.
A St Kilda West house guided $225,000 below its reserve price sold for $3,725,000 in post-auction negotiations.
We often hear that property prices double every decade. But some neighbourhoods have taken nine years, and others 37.
Imagine living in a comfortable home with tiny energy bills, the kitchen stocked with organic vegetables and succulent meat. Then think again.
The 56-year-old can’t rent-vest, her ex couldn’t buy her out and buying a family home is no longer an option.
Some owners of an investment property are losing $6900 per year, but others have managed to lose less.
An established family paid $150,000 over reserve to secure the keys to a four-bedroom house in the sought-after suburb of Princes Hill.
A three-bedroom house in Melbourne’s inner-north, guided at $1.5 million, received one bid of $1.48 million during Saturday’s auction.
Falling interest rates are pushing up property prices, and buyers are starting to worry they might get priced out of their preferred areas.
He’s among many Australians getting closer to retirement who are trying to solve the puzzle of owning a home that suits their life.
It’s warm in winter, whisper quiet, and has much lower energy bills – and there are more of its kind on the way.