The auction winners had to be coaxed to dig deep in their pockets for the charming home,and it was enough to get them across the line.
There are more opportunities for buyers now than a few years ago in an end to the boom that had pushed prices to unaffordable levels.
A few years ago,buyers were snapping up properties sight unseen,but Melbourne’s market has since faced a string of hurdles.
Once interest rates fall,property prices would likely go up,but buyers could borrow more money,and new analysis shows whether it would be enough.
A seven-star energy-efficient home built today might look like a high-quality home,but turn out to be as comfortable as a tent,a new report warns.
The dream of stable housing is growing further out of reach for many,but Marija’s dream last year became a reality.
Tenants report being evicted with nowhere else to go as Melbourne’s rental crisis deepens and queues form for available properties.
It has become easy for landlords and real estate agents to point to the recently expanded land tax as a reason for spiking rents. But it’s more complicated.
Asset-rich buyers who don’t need a mortgage are arriving in droves,while others struggle against high interest rates and the cost of living.
Two in three Queenslanders who have an air-conditioner say concerns about the cost of running it prevent them turning it on.
Many Australians report feeling unwell on hot days or in heatwaves,but not everyone has the same capacity to manage.