Neighbour beats eight others to snap up stately $4.7m Glebe bungalow ; Oroton heir Tom Lane flips ‘paint and paper’ reno in Bowral for $14.5m ; Views for days: Star stock picker buys his neighbour’s $11.3m oceanfront pad
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Australian property prices have experienced extraordinary growth in recent decades. Nationally, real median house prices approximately doubled between the early 1980s and 2003 , and again between 2003 and 2022, according to a paper released by Australian National University’s Tax and Transfer Policy Institute. In late 2023, the national median house price reached a new high of $1,094,539, according to Domain data. Housing affordability concerns have long been making headlines across the country , with rising house prices and rents pushing the ...
That might be useful in winters in Tasmania, but not where heat is an issue. A dark roof means you’ll pay considerably more to keep your house cool in summer. Last ...
All property types, Monthly change, Annual change ; Canberra, 8.6%, 24.0% ; Adelaide, 13.5%, -1.3% ; Brisbane, 0.4%, -22.7%
The idea of renting for life is a pretty new one for most Australians. Many grew up thinking that it was a rite of passage to buy a place to live in, but with house prices once again defying the odds and continuing to grow , renting long-term is becoming the new reality. So, are there benefits to renting instead of buying? Yes. But there are also pitfalls. I want you to know that I am writing this with mixed feelings. On one hand, I believe all of the below are true. On the other, I also know that even renting in Australia right now is challeng ...
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At a time when property prices are softening in many parts of Australia, the rising interest rate cycle appears to be nearing its end and it’s taking less time to save up a deposit, this could be the perfect time – finally – to buy. And those looking to get into the market shouldn’t be put off by the fact that there are fewer homes on the market and prices aren’t down uniformly everywhere. “I think, all things considered, that this can be a great time to get into the market, but buyers just have to put more effort in,” said Domain ...
Her DIY experience at that point consisted of “nothing, absolutely nothing”. She’d never even picked up a hammer. Understandably, at times it was overwhelming for the rookie. One bonus was spending time in the hilly countryside of the Bass Coast; Wonthaggi is also close to the popular coastal towns of Inverloch and Cape Paterson. The town has personal significance for Rigoni as well – her great-grandparents settled in Wonthaggi when they migrated to Australia from Italy in the 1920s. ...