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Billionaire Mike Cannon-Brookes buys three houses next door for $12.25m
As investment strategies go, you could do a lot worse than to buy next door to the tech entrepreneur.
- by Lucy Macken
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Sydney suburbs with the most distressed property sales
One in eight home sellers in the hardest-hit pocket of Sydney are motivated to get a deal done urgently as interest rates stay high.
- by Elizabeth Redman and Alexandra Middleton
Melbourne suburbs with the most distressed property sales
Financial strain has caused some Melbourne homeowners to reach a tipping point and list their home for urgent sale.
- by Alexandra Middleton
Crown’s $90m sky home, languishing on the market, gets a $10m discount
Call it opulent, elevated, expensive – but the luxury home set high in Crown Resorts’ skyscraper can’t yet be called “sold”.
- by Swati Pandey
Regional Victorian towns that boomed most in the last five years
Some have recorded 60 per cent growth since 2019 as more workers arrive to take jobs in flourishing industries or hospitals.
- by Alexandra Middleton
Australian renters would be nearly $4b better off under a rent freeze
Tenants would have saved as much as $3000 over the 12 months to March, and proponents of a rent freeze say the cash would be life-changing.
- by Jim Malo
‘Strong sense of community’: The suburbs people never want to leave
Local pride and loyalty are the main reasons people are reluctant to leave some Greater Brisbane suburbs, and why it is harder for others to find real estate.
- by Sarah Webb
Gifts from $50k to $1m the norm: How home deposits soared to record levels
Average workers are priced out, but many property buyers who are left in the market now have extraordinary wealth – often from family.
- by Jim Malo
Landlords hike rents nearly 50 per cent since the lows of lockdown
Rental prices for units have skyrocketed since COVID-19 lockdown, and house rents have jumped too. Is any relief in sight?
- by Jemimah Clegg
Mosman unit that last sold for $86,000 in 1985 fetches $1.1 million at auction
Twenty-six buyers registered to bid on the two-bedroom unit, which is in an unliveable condition
- by Carmen Forward
Grandparents buy $1.95m townhouse to be near family and help with babysitting
The couple, who competed against a young family, bought the property in post-auction negotiations by offering an extra $50,000.
- by Carmen Forward