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The Spanish mission-style house last traded in May last year for $14.95 million.
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Fairfax flips $15m Vaucluse house after DA approval next door

Just a year after he and wife Kate bought a Spanish mission-style house for $14.95 million, they have put it back up for sale without moving in.

  • by Lucy Macken
The ratio of house values to household income has climbed to a record high of 9.3 nationwide.

It now takes more than a decade to save a home deposit

Housing affordability has worsened by every measure since the start of the pandemic, according to new research, and is unlikely to improve as interest rates rise.

  • by Elizabeth Redman

Dream Homes

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The Spanish mission-style house last traded in May last year for $14.95 million.

Fairfax flips $15m Vaucluse house after DA approval next door

Just a year after he and wife Kate bought a Spanish mission-style house for $14.95 million, they have put it back up for sale without moving in.

  • by Lucy Macken
373 Karrinyup Rd, Karrinyup, WA sold for $755,000 at auction.

From Chidlow to Tuart Hill, these are the top 10 Perth suburbs heating up this winter

A new report has identified 10 Perth suburbs that are heating up despite inflationary pressures and rising interest rates.

  • by Sarah Brookes
The ratio of house values to household income has climbed to a record high of 9.3 nationwide.

It now takes more than a decade to save a home deposit

Housing affordability has worsened by every measure since the start of the pandemic, according to new research, and is unlikely to improve as interest rates rise.

  • by Elizabeth Redman
Roy Medich (inset) has bought the historic Mereworth property at Berrima.

Roy Medich buys historic Berrima farm from tech investor for $50m

Roy Medich has paid almost $50 million for the historic Mereworth property, making tech investor Peter Crown a $19.5 million capital gain in one week.

  • by Lucy Macken
Melbourne auctions drew an average of 3 registered bidders last month.

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
The proposed vertical extension to a worker’s cottage that is the subject of a development application to Brisbane City Council.

High hopes: The humble Queenslander with plans to see the world

The owners of an inner-city Queenslander surrounded by other houses and apartments have lofty ambitions for their extension.

  • by Sean Parnell
Domain GIF

The best cities in the world to work from home

Sea-changers have been rushing to Byron Bay and the Mornington Peninsula for two years, but for true remote workers, there might be an even better option further afield.

  • by Elizabeth Redman
Lagging unit prices have dragged down overall prices in some suburbs.

The Perth councils with homes selling at a loss, despite property boom

Property prices have soared but in a handful of neighbourhoods, homes are selling for less than the price they previously fetched.

  • by Sarah Brookes
Auction of 54 Grose Street, North Parramatta. The property sold for $1.1 million.

How long does it take for a rate rise to hit the housing market?

Experts say the historic lag between an interest rate change and its effect on the market is shortening.

  • by Kate Burke
The ultra-prestige harbourside suburbs of the eastern suburbs are among Sydney’s top-performing markets.

Downturn? What downturn? Rich get richer from soaring trophy home values

Sydney’s ultra-rich citizenry has often been accused of living in a parallel universe to the rest of us, and when it comes to their housing market that is certainly true.

  • by Lucy Macken
Gordon Ramsay has sold his Cornwall mansion for a record-breaking $13 million.

Gordon Ramsay flips seaside mansion in record-breaking deal

Records show the celebrity chef initially spent £4 million ($7 million) on the residence, meaning the often-cantankerous kitchen maestro made a cool $6 million on the sale.

  • by James Robinson
Ocean Grove is among the pockets of regional Victoria where the median house price is at least $1 million.

Victorian regional hotspots that have joined the million-dollar club

Still dreaming of a sea-change for a better lifestyle and more affordable property? In some coastal pockets, the median house price is higher than in Melbourne.

  • by Elizabeth Redman
Ballina is among five regional council areas where median house prices now sit above $1 million.

The NSW regional hotspots that have joined the million-dollar club

The million-dollar club once limited to Sydney’s blue-chip suburbs has expanded across the state as seven-figure price tags become the norm in some parts of regional NSW.

  • by Kate Burke
Triangl co-founder Erin Deering is selling up in North Bondi.

Bikini designer waves goodbye to North Bondi’s billionaires

There is no shortage of rich listers in North Bondi, but their ranks are set to drop by one when cult swimwear designer Erin Deering sells her $8 million pad.

  • by Lucy Macken
Rhiannon East from Harcourts auctions the two-bedroom West Melbourne apartment.

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
Auction of 54 Grose Street, North Parramatta. The property sold for $1.1 million to a solo bidder.

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
Batman

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
FOMO has shifted from buyers to sellers, with more vendors wanting to do a deal.

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
The Lactura mansion in Centennial Park has almost doubled in price since 2017.

Doug Tynan joins well-worn route from Woollahra to Centennial Park

There is a well-worn path between Woollahra and Centennial Park, traipsed by high-end downsizers and home up-graders alike. As fund manager Doug Tynan now knows.

  • by Lucy Macken
New bridges/walkways connect on one side, and on the other, access is via original Victorian decorative plastered arches.

Blink and you’ll miss it: new Myer Music School ‘recessive’

The new addition to The Myer Music School at Melbourne Grammar School is easy to miss.

  • by Stephen Crafti
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