Kristy is a property reporter for The Sydney Morning Herald.
Do properties really double in price every decade? Analysis shows some shot up much faster, while others took 26 years to hit the mark.
The builder has seen regulations blow out over the years, making it harder to deliver affordable housing.
A family from Sydney’s east paid $3.8 million at auction on Saturday for a three-bedroom property in Neutral Bay on the lower north shore.
Buyers made a beeline for the single-level property on Sydney’s upper north shore, drawn by its price point, the lead agent said.
Eleni Taylor’s home renovation doesn’t feature just any marble – and getting it here was a process.
An investor paid $2,385,000 at auction on Saturday and will make “simple improvements” to the home before listing it as a rental, the agent said.
A first home buyer living in the family home in Hunters Hill, paid $1.02 million at auction on Saturday for a unit in the suburb.
Interest rate cuts have increased borrowing capacity and demand, and sellers can sense competition is back.
Home buyers are moving in and longer-term owners are taking the opportunity to sell after property prices multiplied fourfold or more.
The young couple, who had a family member bid on their behalf, competed against other first home buyers for the inner west unit with wraparound terrace.