Melbourne house prices
Cheltenham home with sauna sells for $2,425,000 to only bidder
A luxury five-bedroom home in Melbourne’s south-east, featuring a custom-built sauna and an outdoor shower, sold to only bidder for $2,425,000
- Shona Hendley
Latest
Bungalow in family for generations sells to developer for $1,845,000
The vendors were thrilled with the result for the three-bedroom home, while the buyer is looking to build townhouses.
- Wes Mountain
The blue-chip Melbourne suburbs outperforming the rest
Even though Melbourne’s housing market has softened, a select group of premium, lifestyle-driven suburbs is proving resilient.
- Abbir Dib
Where Australia’s richest people live and how much it costs to live there
Some of Australia’s wealthiest people have lived in the same homes, in some of the country’s richest areas, for several decades.
- Wes Mountain
More properties languish on the market as buyers get the jitters
The number of homes on the market for longer periods of time has jumped sharply across the country. Experts say this is what is behind it.
- Dan F Stapleton
Developer buys ‘vandalised’ house in Eumemmerring for $732,000
A developer outbid two first home buyers for the keys to a dilapidated, three-bedroom house in Melbourne’s south-east, paying $132,000 above reserve.
- Shona Hendley
Inner-city terrace sells for $1,255,000 after passing in on a single bid
The well-located corner block property sold in post-auction negotiations on Saturday for its reserve, as buyer confidence wanes. The vendor will stay in the suburb.
- Wes Mountain
Know your ‘walk away price’: How to make the most of a weak auction market
Property prices are falling and homes are passing in at auction, but buyers who aren’t ready to capitalise risk missing out.
- Wes Mountain
Young couple pays $1.83m for architecturally designed Collingwood home
Four younger professional parties competed for the Japanese-inspired townhouse with six metre-high ceilings and a popular location.
- Shona Hendley
Billionaire spends $136m in cash on Toorak mansion and block next door
The grand home sold for a price that was the subject of much speculation, but an extra part of the deal has since been revealed.
- Caroline Zielinski