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Property market

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The real-time effects of the policy to remove tax incentives including negative gearing are glaringly clear.

Two big banks have slashed their house price forecasts. The numbers are hair-raising

The signs are difficult to ignore: an avalanche of sellers, increasing levels of stale stock sitting on property portal shelves, and auction clearance rates wallowing around 50 per cent.

  • Elizabeth Knight

Latest

11 Davie Avenue, Chletenham

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
The home sold to a young family for $1.41 million at auction.

Young family pays $1.41 million for a Hurstville Grove townhouse

A Balmain investor has offloaded a three-bedroom townhouse in Sydney’s south to a young family who bought it at Saturday’s auction for $1.41 million.

  • Carmen Forward
The house at 14 Enderley Road, Clayfield, sits on a 1062-square-metre block.

Historic Clayfield home defies auction slump with $4.55 million sale

A family of six outbid a 26-year-old to claim the last unrenovated house in one of Brisbane’s most tightly held streets.

  • Sarah Webb
Waverley Council has proposed an overhaul of short-term holiday letting rules.

Short-term rental crackdown sparks housing row on Sydney’s most famous beach

Short-term rental rules across Australia’s most internationally recognised beachside strips could be overhauled in a move to ease a housing crisis gripping Sydney.

  • David Barwell
A Point Piper unit has been listed for $12.5 million to help fund a car racing dream.

Businessman to sell $12.5m Point Piper unit to help form car racing team abroad

The sale of Adam Troost’s contemporary property will help fund plans for a team to participate in classic car racing and rallying events in Europe, the UK and the Mediterranean

  • Kristy Johnson
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The bright yellow kitchen at 70 Cooper Street

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 semi detached house at 113A Dalhousie Street, Haberfield, has a closed in veranda at the front and a self-contained studio at the back.

Unrenovated semi in popular heritage suburb sells for $1.86 million

The auction was over in minutes as two parties with very different strategies vied for the keys to a property that the auctioneer said would normally attract a higher price.

  • Robyn Willis
Manly has been one of the strongest median house price growers over a year.

‘Lifestyle appeal’: Blue-chip Sydney suburbs outperforming the rest

The prestige Sydney suburbs recording the strongest price growth in a year are all near the harbour or the coast, except for one in Sydney’s inner west. 

  • Carmen Forward
Lleyton and Bec Hewitt have put their Glenhaven estate on the market with a price guide of $14 million.

Lleyton and Bec Hewitt list grand slam Sydney home for $14 million

The couple is selling the six-bedroom, four-bathroom mansion with a tennis court as it’s now surplus to their jet-setting requirements.

  • Kristy Johnson