Alice Uribe is the deputy property editor at The Sydney Morning Herald and The Age.
Of the 2700-plus Sydney properties passed in at auction over the past six months, more than half were re-advertised with a higher price guide.
The rate rise will add about $100 a month to a $600,000 mortgage, but home owners have a strategy to get ahead.
The share of home lending has reversed in favour of investors over the past five years, but experts say there may be more first home buyers through 2026.
As house prices rise, young people are rethinking home ownership, and some are finding creative new ways to live.
Work hard, buy a home, maybe an investment property down the track: the rational decisions of the past have given way to a different future.
Sydneysiders are spoilt for choice when it comes to beaches, but visitors to the harbour city keep coming back to one.
To nix binge-watching and endless scrolling, and encourage real-world connection, there is demand for screen-free spaces in homes.
In a pleasant surprise, the property achieved an unexpectedly strong price and the whole front yard was full of people at auction.
Experts warn that households have become more sensitive to interest rate rises than in the past due to elevated levels of household debt.
Experts warn households have become more sensitive to interest rate rises, due to higher levels of debt.