Property investment
Suburbs where property owners are selling at a loss
Home sellers have a high chance of making a profit, but in some neighbourhoods profitability is far from guaranteed.
- Wes Mountain
Latest
WA first-home buyers are relying on the bank of mum and dad. Are there expectations in return?
A new study found the challenging economic environment for gaining access to first homes was “weighing heavily upon parents who find themselves playing an indispensable role in their children’s home-buying journey”.
- Holly Thompson
Family of ‘serial home builders’ sells architect-designed property for non-riverfront record
Now that their daughter has graduated as an architect, the Kenmore family decided to sell up and build yet another home – but this time together as a family.
- Sarah Webb
‘Prime address’: Opulent Strathfield new build sells for $10,815,000
A crowd of 300 watched in the rain as the six-bedroom, three-level home sold for just $15,000 more than its reserve.
- Carmen Forward
150-year-old inner-city landmark sells for $1.25m after passing in
The two-dwelling home has been a lolly shop and art gallery. It was bought by local first home buyers who will live in one residence and rent out the other.
- Abbir Dib
Forget the old rules about adding value to your property. Here’s what works now
Some buyers still want extra bedrooms, but experts say the renovations that will truly add value are changing. And there’s one big addition leading the way.
- Robyn Willis
Labor gives another sign it will change capital gains discount
Two government senators endorsed a Senate committee’s finding that the tax concessions skewed the housing market towards investors rather than young people.
- James Massola
The smart way home borrowers are dealing with higher interest rates
The rate rise will add about $100 a month to a $600,000 mortgage, but home owners have a strategy to get ahead.
- Wes Mountain and Alice Uribe
No walls, floors or doors, can’t be pulled down … Brisbane house frame sells for millions
The shabby shell drew chuckles when it popped up on the auction screen on Saturday.
- Sarah Webb
Rundown Carlton terraces fetch $1.7 million at auction
Developers battled it out at Saturday’s auction for a pair of Victorian workers’ cottages on a single title in Carlton, with the winner forking out $355,000 above the reserve.
- Abbir Dib