Property market

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Rising rents make it harder to save for a home.

The modest type of housing where rents have soared

Landlords are asking tenants to find hundreds of dollars more a week for the same properties than they were a few years ago.

  • Elizabeth Redman

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22 Wright Street, Balmoral

Former Brisbane Lions CEO sells beloved Balmoral property

Meanwhile, in Bulimba, a tri-level terrace home sold for $2.6 million - netting its owners an almost $700,000 profit in just two years.

  • Sarah Webb
2/125 Mount Street, Coogee

Mum and dad help son buy $1,195,000 Coogee one-bedder

Six bidders registered for the auction of the art deco apartment, including first home buyers and investors.

  • Carmen Forward and Elizabeth Redman
48 Howe Crescent, South Melbourne VIC 3205

Young family pays $5.59m for historic South Melbourne terrace

The home was designed by the architect responsible for Melbourne Grammar and the South Melbourne Town Hall.

  • Shona Hendley
Oliver Bruce auctions the Mary Street home.

Family pays $3.7 million for St Kilda West home

A St Kilda West house guided $225,000 below its reserve price sold for $3,725,000 in post-auction negotiations.

  • Caroline Zielinski
Investors bought the North Ryde home.

Investors nab $2.6m North Ryde time warp, sparing it from wrecking ball

Nine parties registered for the auction and most intended to raze it and build a new home. Instead, it will be rented out.

  • Emily Power
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Dilbag Singh Jivan and his wife Gagandeep Kaur, with daughter Nadar Kaur Sandhu, and Jivan’s parents, father Mukand Singh Sandhu and mother Kuldeep Kaur.

Sydney suburbs where property values doubled fastest – and slowest

Do properties really double in price every decade? Analysis shows some shot up much faster, while others took 26 years to hit the mark.

  • Kristy Johnson
Jenny Tate and her husband bought an apartment in Safety Beach after falling in love with the area during Covid lockdowns.

Melbourne suburbs where property values doubled fastest – and slowest

We often hear that property prices double every decade. But some neighbourhoods have taken nine years, and others 37.

  • Caroline Zielinski
Since the pandemic, housing construction costs in Australia have jumped by 30 per cent, according to CoreLogic’s Cordell Construction Cost Index.

We were offered an abundant utopia. We got something much less

Imagine living in a comfortable home with tiny energy bills, the kitchen stocked with organic vegetables and succulent meat. Then think again.

  • Caroline Zielinski
The Byron Shire has a median house price of $1.5 million.

‘Attractive place to live’: Sea-change towns in the million-dollar club

They have great natural amenities as well as features such as popular restaurants or in-demand schools, and prices are on the rise.

  • Shona Hendley