Auctions
Young couple upgrade, pay $2.15 million for Brunswick bungalow at auction
Three bidders fought it out for a renovated home off Lygon Street which sold above expectations, but the agent said the scale of inquiries seen last year has subsided.
- by Melissa Heagney
Latest
Reiki practitioner drops $2.54 million on first home in East Ryde at auction
The first home buyer outbid wary upgraders with quick and aggressive bidding the entire auction, although a home like this could have sold for $2.7 million two months ago.
- by Tawar Razaghi
Should you still sell at auction in a cooling market?
Fewer homes are selling under the hammer as greater choice reduces competition on the auction floor, and the premium prices house hunters are prepared to pay.
- by Kate Burke
Lowball bid fails as West Melbourne unit fetches $930,000 at auction
A cheeky initial offer of $600,000 showed at least some buyers think they might be able to bag a bargain property after the first interest rate hike in a decade, but they had another think coming.
- by Elizabeth Redman
Company buys North Parramatta cottage for $1.1 million to help workers with cost of living
The business came up with the idea of offering accommodation to help attract and retain staff who face rising cost of living pressures and long commutes.
- by Tawar Razaghi
Sydney buyers sniff opportunity with interest rate rise
Homebuyers are revising their budgets after the interest rate rise, but some are also hopeful it will allow them to get into a once-overheated market.
- by Tawar Razaghi
As rates rise, fear of missing out shifts from buyers to sellers
Sellers rather than buyers now have fear of missing out, listing their properties before interest rates rise again and buyers have less borrowing power.
- by Melissa Heagney
Quirky Collingwood apartment passes in at auction on vendor bid of $1.05 million
The apartment, built inside a former malt silo, failed to attract a single bid from the crowd but was expected to sell later on a mixed auction day when buyers pondered looming interest rate rises and the federal election.
- by Melissa Heagney
Maroubra house sells post-auction for $3.7m to teachers worried about overpaying
The highest bidder was less focused on rising interest rates than a potential deposit shortfall if the bank valuation came in under their purchase price.
- by Tawar Razaghi
From the Archives, 1972: Qantas recoups ransom, sale of sports cars
Fifty years ago, Qantas auctioned off the “left luggage” of Peter Marcari (alias Mr Brown) who extorted $500,000 from the airline in a bomb hoax in May 1971.
- by Staff reporter
First-home buyers spend $1.825 million on Darlington terrace at auction after saving for seven years
The new owner said if he could choose between a future where his property value grew or remained flat, he would pick the latter, because then housing would become more affordable for everyone.
- by Tawar Razaghi