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News
Rare Alexandria house up for sale for the first time in 101 years
4+ day, 43+ min ago (675+ words) The single-storey brick terrace is being sold for the first time in 101 years. The factories have long gone, but those early days live on in the memories of the family that has owned it for more than a century. The…...
Why buyers are chasing a crumbling shack and five empty apartments for $20m
5+ day, 1+ hour ago (595+ words) It comes with a crumbling beach shack, five empty apartments and a price guide north of $20 million. The property at 9 Kenneth Street, Tamarama, has a 12-metre frontage with unobstructed beach and ocean views from Mackenzies Point across Tamarama and Bronte…...
The auction that wasn't: Savvy sellers are changing tack to get the job done
5+ day, 9+ hour ago (1136+ words) The proportion of sellers switching from auction to private treaty in order to get their homes sold in a falling property market has skyrocketed to record levels, according to new data. The trend was particularly pronounced in Canberra, Sydney and…...
Record-breaking Sydney mansion sells at a shocking $7m loss
5+ day, 43+ min ago (517+ words) A record-breaking Sydney mansion that made history just four years ago has plummeted in value, reselling at a staggering $7 million loss. The historic harbour-view mansion in Sydney’s inner west has officially changed hands for $12.8 million, a substantial discount on the…...
Unlivable Sydney terrace sells for eye-watering price
5+ day, 11+ hour ago (381+ words) The crumbling home had been held as an investment by the same family for more than four decades and came with a warning for potential buyers about its condition. Despite that, the unrenovated terrace sold to a local family for…...
Australian housing market cops $34 billion blow as property values slip for first time since 2022
6+ day, 12+ hour ago (533+ words) Lower property prices have knocked tens of billions of dollars from the total value of all homes across Australia, new data has found. Latest figures from the Australian Bureau of Statistics (ABS) show the total value of residential dwellings fell…...
Wareemba apartment bought for $118,000 sells for $1.07 million at auction
1+ week, 16+ hour ago (872+ words) An apartment in a waterfront suburb, purchased four decades ago for $118,000, has sold for more than $1 million after a fiercely fought auction. Three bidders drove the price $120,000 over the $950,000 reserve, after a campaign by The Agency Drummoyne with a guide…...
Buyer snaps up Sydney waterfront with $15 million discount
1+ week, 4+ day ago (351+ words) A Point Piper waterfront has sold for a fraction of its $50 million asking price just months after hitting the market. The new mystery owner snapped up the four-bedroom, four-bathroom residence for around $35 million – a whopping $15 million less than its original…...
Sydney's cheapest homes start at just $150,000
1+ week, 6+ day ago (825+ words) Australia’s cheapest postcodes may be largely immune to the property downturn gripping the country, but in Sydney, which has been hit particularly hard, even entry-level homes are being priced to sell. We’ve rounded up five intriguing properties across the city,…...
Portsea clifftop home changes hands for $22m-plus despite Victorian property downturn
1+ week, 6+ day ago (513+ words) A clifftop property in Portsea has exchanged hands for an undisclosed sum reported to be over $22 million – one of the largest and most significant sales in Victoria this year, and the highest sale recorded on the Mornington Peninsula in two…...