Property | Latest News, Headlines and Analysis | The Sydney Morning Herald

We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.

Australia’s home of property news, advice and insights

Advertisement
Work on the 54-unit mixed private and community housing building Northsea in the centre of Wollongong started on Wednesday and is hoped to be finished by Christmas 2023.

The high-end apartments that cost $2.4 million to buy, or just $100 to rent

It’s the first building in NSW – and one of the first in Australia – to provide homes for private buyers living cheek-by-jowl with affordable housing and social housing tenants all under the same rooftop.

  • by Sue Williams
Phasing out stamp duty will help buyers get into the market and should ease supply by making it cheaper for people to downsize.

Will home buyers be better off paying stamp duty or property tax?

Swapping stamp duty for a property tax could save some home buyers serious cash, with new modelling showing it could be the better option for those looking to hold their home for the medium to short term.

  • by Kate Burke

Dream Homes

Advertisement

Title Deeds

Latest

Work on the 54-unit mixed private and community housing building Northsea in the centre of Wollongong started on Wednesday and is hoped to be finished by Christmas 2023.

The high-end apartments that cost $2.4 million to buy, or just $100 to rent

It’s the first building in NSW – and one of the first in Australia – to provide homes for private buyers living cheek-by-jowl with affordable housing and social housing tenants all under the same rooftop.

  • by Sue Williams
Phasing out stamp duty will help buyers get into the market and should ease supply by making it cheaper for people to downsize.

Will home buyers be better off paying stamp duty or property tax?

Swapping stamp duty for a property tax could save some home buyers serious cash, with new modelling showing it could be the better option for those looking to hold their home for the medium to short term.

  • by Kate Burke

The family home with a surprise feature that hits it out of the park

For $2.9 million, we’re sure a home with such unique features won’t be for everyone, but for the avid baseball fan this place is a certifiable home run.

  • by James Robinson
Large family homes are tightly held and highly sought after.

Australia has 13 million spare bedrooms. Is there a better use for them?

A combination of factors is preventing empty nesters from downsizing, doing little to help alleviate housing affordability and free up homes for growing families.

  • by Tawar Razaghi
Rent generally cannot be increased during a fixed-term lease, unless it was agreed to at the start of your lease.

What tenants can do if their landlord hikes the rent

Tenants are being hit with rising costs, with more pain expected to come. But there are steps renters can take when facing a rent increase.

  • by Kate Burke

Newlywed Britney Spears buys Thousand Oaks mansion for millions

The pop icon celebrated her wedding to Sam Asghari with the keys to a flashy new address in California.

  • by Emily Power
While house prices rose very quickly in Queensland in the past 12 months, the average rent increased by 14.9 per cent to $500 a week.

Sydney and Melbourne have ‘absolutely turned into buyers’ markets’

Properties are taking longer to sell and with bigger discounts, as vendors struggle to get a deal done in the same frantic fashion as last year.

  • by Tawar Razaghi
Residential homes across the country are now worth a combined $10 trillion.

Pandemic trend here to stay as regional house price growth outstrips Melbourne, Sydney

For the first time the combined value of Australian homes has exceeded $10 trillion.

  • by Rachel Clun
Tenants will have the option to pay and claim rent online from mid-next year.

Victorians to pay and claim rental bond in a couple of clicks

The state government is setting up a new online system to handle bond payments to ease the stress on tenants wrestling with landlords.

  • by Melissa Heagney
This one bedroom cottage in Darlington is on the market for $700k.

Why this one-bedroom ‘garage house’ in the Perth Hills hit the market for $700k

In a sign that the Perth property market hasn’t lost any momentum, a tiny wooden home was listed this week with a price tag well above the median value.

  • by Sarah Brookes

First-home buyers, experts welcome plans to phase out stamp duty

Aspiring homeowners in Sydney have welcomed Dominic Perrottet’s proposal, as have experts who say it will encourage better use of housing.

  • by Tawar Razaghi
Hugh Jackman

Hugh Jackman lists Manhattan mansion in the sky for $55m

Start spreading the views ... Spanning the eighth, ninth and tenth floors, the opulent digs more than live up to the star power of its A-lister owner.

  • by James Robinson
A four-bedroom house in Doonan in Queensland’s Noosa Valley, recently sold for $1,525,000.

What Sydney’s median house price can buy across the country

A budget of $1.59 million may not stretch very far in Sydney, but could get you a beachfront abode, stunning views and a pool in other parts of the country.

  • by Kate Burke
Sydney’s vacancy rate is currently 1.4 per cent.

Rate rises could hit renters harder than homeowners

In one of the current housing market’s worst ironies, the people likely to be slugged hardest by the latest interest rate increase are those who don’t actually own property.

  • by Sue Williams
The Point Piper apartment sold by Sir Bob Jones had a guide of $6 million but sold for $7.35 million.

Point Piper mystery buyer reveals secret trophy home sale

The mystery buyer of several Point Piper apartments set for consolidation unravels to reveal one of Sydney’s most expensive trophy homes has been sold on the quiet.

  • by Lucy Macken
Nelson Alexander Flemington auctioneer Jayson Watts works with the crowd at the Moonee Ponds auction.

Rate rises, construction costs cause auction jitters

The home passed in on a bid of $1.52 million but sold post auction on the first weekend after the Reserve Bank raised interest rates for the second time in two months.

  • by Melissa Heagney
The Lane Cove house sold for almost $500,000 above reserve.

‘Overpaid a tiny bit’: Doctors spend $3.295 million on Lane Cove first home

They outbid a dozen others at the auction where buyers were reluctant to place bids from beginning to end.

  • by Tawar Razaghi
The Palm Beach property Beau Site Sur Mer has almost doubled in value since 2018 to now rank as the highest sale on the northern beaches.

Tech billionaire sets Palm Beach record at $27.5 million

A chain of high-end house sales totalling $80 million with links to Victoria and NSW’s playgrounds of the super-rich reveals a new Palm Beach house price record of more than $27 million.

  • by Lucy Macken
MCR looked to great civic buildings - Doge’s Palace and the Teatro Reggio - for inspiration.

Barrel-vaulted ceiling: school basketball courts and gym with a difference

It doesn’t take much effort to design a rudimentary gymnasium that also functions as a performance centre. But this addition is far from rudimentary.

  • by Stephen Crafti
auction

The Sydney regions where auction clearance rates have been hammered

More than one in two homes are now failing to sell via auction in some pockets of Sydney, as clearance rates continue to fall amid cooling buyer demand.

  • by Kate Burke
Advertisement