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Bidding blind

Series

Bidding blind Sydney

In this 18-month special investigation, we lift the lid on an open secret in Australia’s property market that’s costing potential home buyers in Sydney millions of dollars a year and making many sellers uneasy.

5 stories
Star agent Josh Tesolin pictured leaving his Bella Vista home on Friday, the same day his licence was suspended.

Underquoting, dummy bidding, false documents: Why ‘Teflon’ Sydney agent was suspended

Josh Tesolin earned his nickname “Teflon” for his seeming ability to skirt close to breaching the rules of real estate without ever coming unstuck by them. That ended on Saturday.

  • Lucy Macken
Underquoting NSW

What makes Sydney the underquoting capital of Australia

Almost half the time, Sydney property buyers are wasting their time pursuing places they can’t afford, an exclusive data mining project reveals.

  • Aisha Dow, Nigel Gladstone, Lucy Macken and The Visual Stories Team
How we revealed the truth about property auction guides

How we revealed the truth about property auction guides

Why a lack of price transparency, hidden listings and elusive sales data in NSW and Victoria ensure the property market remains heavily skewed in favour of real estate agents.

  • Nigel Gladstone
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Horrified: Melissa Chan.
  • Investigation

The home appeared to be a bargain. Melissa knew the listed price was ‘complete BS’

Herald analysis reveals how home buyers almost always pay more than the listed price.

  • Nigel Gladstone, Aisha Dow, Lucy Macken and The Visual Stories Team
Sydney underquoting map
  • Exclusive

Sydney’s the property underquoting capital: How does your suburb compare?

Search our interactive guide to every auction sale in Sydney over the past 18 months with a published guide price.

  • Nigel Gladstone and The Visual Stories Team

Other series

The Sydney Central Business District, Sydney Harbour and Eastern Suburbs and surrounds are seen on 18 February 2025, in Sydney, Australia from a commercial airliner. Picture - Sam Mooy / The Sydney Morning Herald

Life in the burbs

We’re celebrating Sydney’s suburbs and local writers have been penning pieces about the neighbourhoods they know best. Read all their stories here.

  • 8 stories
Australia's declining fertility rate.

Australia’s baby bust

The fertility rate in Australia is at a record low. We explore why we’re having fewer babies – and what that means for the country’s future.

  • 15 stories