The sellers paid $1.65m for the Californian bungalow in late 2020 and their renovation attracted five bidders,all locals,at auction.
The social worker and her family moved to the suburbs to buy a four-bedroom house with a backyard,front yard and all the trimmings. Then they sold up.
The downsizer’s son bid on her behalf for the stylish one-bedroom home and embraced her as she broke down with joy after the hammer fell.
Grant Rule sold his company,bought the second-most expensive home in Toorak and added a holiday home on the beachfront.
Nearly 100 suburbs that were affordable to home buyers in 2022 are no longer within reach. Here’s what slipped away,and where to look instead.
The wellbeing factor of suburbs has been measured on indicators such as health,environment,jobs and income. But it comes at a price.
Rhys and now-husband Kyran bought their first home in 2017. Not a fan of its stark white walls,the pair slowly added their personalities to the property.
The sell-off of ex-rental properties across Melbourne is benefiting first home buyers.
Financial strain has caused some Melbourne homeowners to reach a tipping point and list their home for urgent sale.
Some have recorded 60 per cent growth since 2019 as more workers arrive to take jobs in flourishing industries or hospitals.
I have long been of the “help sooner rather than later” view,but if you hand over a lump sum to your children,is it going to be a gift or a loan?