Tradie who once lived in rented granny flats but now enjoys a $6million waterfront home, Lamborghini and 50ft yacht reveals the biggest financial mistake young Aussies are making
1 year ago

Tradie who once lived in rented granny flats but now enjoys a $6million waterfront home, Lamborghini and 50ft yacht reveals the biggest financial mistake young Aussies are making

Daily Mail  

A property investor who once lived in rented granny flats but now enjoys a $6million waterfront home has shared his top advice for young Australians trying to enter the tough housing market. But instead of saving up for a mortgage deposit to buy the ultimate property, Mr Walsh started his investment journey in 2011 by buying a four-bedroom house at Thirlmere, 95km south-west of Sydney for $342,000. A savvy property investor who owns 20 houses says young people are missing out on being able to own house by being too fixated on living in a nice suburb too soon Daniel Walsh, 33, last year bought a $6million waterfront house on Sydney 's northern beaches, near Palm Beach. How Daniel Walsh started his property journey 2011: Thirlmere, NSW, four-bedroom house, $342,000 2012: Thirlmere, NSW, three-bedroom house, $303,000 2014: Crestmead, Queensland, four-bedroom house, $305,000 2014: Deception Bay, Queensland, three-bedroom house, $259,000 2015: Raceview, Queensland, four-bedroom house, $310,000 2015: Davoren Park, South Australia, three-bedroom house, $182,000 2016: Carrum Downs, Victoria, three-bedroom house, $345,000 2016: Carrum Downs, Victoria, block of land, $50,000 2018: St Albans Park, Victoria, three-bedroom house, $380,000 'I was living in a granny flat, instead of living in a house and paying heaps more rent,' he told Daily Mail Australia. Instead of saving up for a mortgage deposit to buy the ultimate home, Mr Walsh started his investment journey by buying a four-bedroom house at Thirlmere, 95km south-west of Sydney for $342,000 Mr Walsh didn't buy his first house to live in as an owner-occupier until 2021 when he bought a home at Camden, in Sydney's south-west, for $1.35million - selling it two years later for $1.85million.

Population Property Price Young Saving Houses Young People House His Wife Melbourne Sydney Buy Victoria Sophie Perth Queensland Buying Walsh Brisbane Lamborghini Mr Walsh Granny Flats Daniel Walsh Rented Granny Flats Yacht Reveals  yacht  reveals  house  population  sydney  walsh  rented  property  tradie  waterfront  mistake  lived  buying  making  price  saving  buy  young  lamborghini  houses

History of this topic

List of suburbs shows where house prices are set to SOAR in Sydney and Melbourne when Commonwealth Bank, Westpac prediction occurs
1 month, 2 weeks ago

List of suburbs shows where house prices are set to SOAR in Sydney and Melbourne when Commonwealth Bank, Westpac prediction occurs

Daily Mail  

House prices will surge by close to 20 per cent in inner-city Sydney and Melbourne if the Reserve Bank slashes interest rates four times this year, as the major banks are forecasting. A cluster of suburbs in Sydney's inner west, stretching from Leichhardt to Balmain are set to see the biggest increase of 19.1 per cent from the current $2.329million …

House prices across Australia remain steady in January and Melbourne becomes 'buyers' market'
1 month, 3 weeks ago

House prices across Australia remain steady in January and Melbourne becomes 'buyers' market'

ABC  

Property prices remained broadly steady across the country in January, according to new data from CoreLogic, largely due to a fall in values in some capital cities. The value of dwellings in regional areas grew 0.4 per cent last month, but fell 0.2 per cent across the combined capital cities. "Underneath that headline figure, we're seeing a continued slowdown in …

You could buy this narrow road in Sydney for $420,000 - but there's just one catch before you can build your 'dream home' on it
2 months, 1 week ago

You could buy this narrow road in Sydney for $420,000 - but there's just one catch before you can build your 'dream home' on it

Daily Mail  

The Australian dream of home ownership has taken a bizarre twist, with a 7.5 metre wide piece of road hitting the market for $420,000 - but there's a catch. The 238sq piece of land in Sydney's south-west may be a piece of road for now, but has been advertised as 'residential land' available for building a 'dream home' and is …

Shock figures show where house prices are FALLING in Australia - and the reason for the decline
2 months, 3 weeks ago

Shock figures show where house prices are FALLING in Australia - and the reason for the decline

Daily Mail  

Property prices in Sydney and Melbourne have declined as the number of overseas visitors drops with an immigration slowdown expected to cut prices further. The drop or slowdown in house prices, in Australia's two biggest cities, occurred as immigration levels moderated from record-high levels Perth's median house prices last year climbed by 18.7 per cent to $847,518, and by 1.7 …

Fierce debate erupts over major Aussie expression: 'Tone deaf'
3 months, 3 weeks ago

Fierce debate erupts over major Aussie expression: 'Tone deaf'

Daily Mail  

An expat boasting about Australia being the lucky country has divided opinion with many arguing that is no longer the case because of the cost-of-living crisis. Aussies have slammed a social media user's 'tone deaf' comments praising Australia as the lucky country as millions struggle with the soaring cost of living 'Then, he found a job with a construction company, …

Aussie teen rages over Sydney property prices
4 months ago

Aussie teen rages over Sydney property prices

Daily Mail  

House prices rose by 1.3 per cent across capital cities in October A young Australian has slammed the country's housing crisis as 'genuinely ridiculous' after receiving a flyer from a real estate agency that showcased ordinary properties that all sold for more than $1million. Data revealed house prices recorded an increase of 1.4 per cent in Sydney, with homes selling …

South Australian home prices up thanks to Victorian investors looking avoid land tax increases
5 months, 3 weeks ago

South Australian home prices up thanks to Victorian investors looking avoid land tax increases

ABC  

Investment property owners are selling up in Victoria to avoid increased taxes and buying in South Australia instead, according to real estate agents. Changes hit Victorian landlords Real Estate Institute of Victoria chief executive Kelly Ryan said the taxes came on top of higher minimum standards for properties introduced by the Victorian government, plus rent freezes during the COVID-19 pandemic, …

Data shows vast majority of Sydney's affordable homes are in city's west
5 months, 3 weeks ago

Data shows vast majority of Sydney's affordable homes are in city's west

ABC  

It is widely accepted that Sydney's housing market has become increasingly unaffordable, but there are still some pockets of the city that are within reach for average income earners. Most affordable homes in Sydney's west A total of 357 properties sold for less than $556,000 in Sydney in the past month, according to the REA Group. The local government area …

Townsville house prices growing faster than all Australian capital cities
5 months, 3 weeks ago

Townsville house prices growing faster than all Australian capital cities

ABC  

Young couple Caleb Ivan and Tiarni Goulding moved to the northern Queensland city of Townsville with the dream of buying their first home — and succeeded. The couple moved to the garrison city in May from near Lismore, on New South Wales' north coast, where housing prices were, in Mr Ivan's words, "absolutely stupid". " Data released today from property …

New data reveals a record number of Australian homes surpassed $1 million property value mark
6 months ago

New data reveals a record number of Australian homes surpassed $1 million property value mark

ABC  

A record number of Australian suburbs now have a median house or unit value above $1 million, according to a new report. New data from CoreLogic shows 29.3 per cent — or 1,057 — of the nearly 4,800 suburbs surveyed across the country now have a million-dollar median. Apollo Bay was one of two regional Victoria suburbs that saw median …

CoreLogic data suggests cost of buying a house in Canberra is stabilising as units decrease in value
6 months, 3 weeks ago

CoreLogic data suggests cost of buying a house in Canberra is stabilising as units decrease in value

ABC  

The latest data on home values suggests the cost of buying a home in Canberra is stabilising. Only Sydney is a more expensive city for houses, with Canberra's median value just shy of $968,000, a dip of 0.3 per cent in the last month. The data suggested Canberra's units, however, are decreasing in value, down 2.3 per cent over the …

CoreLogic house price data shows home values still rising but growth is slowing
6 months, 3 weeks ago

CoreLogic house price data shows home values still rising but growth is slowing

ABC  

In what will be disappointing news for first home buyers, Australian house prices have continued to rise over the past month, according to new data. Average dwelling values climbed by 0.5 per cent in August, the 19th consecutive monthly increase in house prices tracked by CoreLogic's Home Value Index. Australia's capital cities were evenly split on house price rises and …

The upside-down map of Australia showing the grim reality of how much you really need to earn to afford a house
8 months ago

The upside-down map of Australia showing the grim reality of how much you really need to earn to afford a house

Daily Mail  

Australia's cheapest major city is a long way from anywhere - inspiring an upside down map of the nation which has divided opinion. Darwin, Australia's most affordable capital city in the tropical Top End, still requires a six-figure salary for someone to be able to buy the median-priced house without being in mortgage stress. Sydney, Australia's most expensive market, requires …

As property prices grow, a new study forecasts Greater Sydney's market remaining unaffordable into next decade
8 months ago

As property prices grow, a new study forecasts Greater Sydney's market remaining unaffordable into next decade

ABC  

It's no secret that property prices in Sydney are eye-wateringly high. But according to a new study, property prices across Greater Sydney will be unaffordable for anyone on a single median income until at least the next decade. According to the results, quarterly repayments — including houses, apartments and townhouses — in 2031 for those on a median full-time income …

Here's how much you need to earn to afford a mid-range home in your capital city
8 months, 2 weeks ago

Here's how much you need to earn to afford a mid-range home in your capital city

ABC  

National figures show the cost of buying a home is going up. A new report from property data tracker CoreLogic shows the median dwelling values in Australia increased a further 0.7 per cent in June. It has been criticised as unrealistic because housing costs chew up much more than 30 per cent of some people's income, but it still holds …

Young woman with almost $100,000 in savings slams Aussie 'lie'
9 months ago

Young woman with almost $100,000 in savings slams Aussie 'lie'

Daily Mail  

A woman has revealed her frustrations about being unable to get her hands on a 'decent' property even with almost $100,000 in savings. 'I think that you are sold the lie that you work hard, you save a lot of money and you'll be able to get into the property market because that's exactly what I've done,' the woman said …

Extraordinary rise in value of Aussie homes - here are the states with the largest jumps
9 months, 2 weeks ago

Extraordinary rise in value of Aussie homes - here are the states with the largest jumps

Daily Mail  

The combined value of Australian residential dwellings soared to a record $10.7trillion in the March quarter, according to new Australian Bureau of Statistics data. On Tuesday, the ABS reported that the total value of homes in Australia rose by $209.4billion in the first quarter of 2024, bringing the average home value to $959,300, up $14,300 in just three months. Across …

CoreLogic house price data show Brisbane overtaking Melbourne and Canberra as Australia's second priciest city
9 months, 3 weeks ago

CoreLogic house price data show Brisbane overtaking Melbourne and Canberra as Australia's second priciest city

ABC  

In short: CoreLogic data shows property prices grew by 0.8 per cent during May, making it the largest monthly increase since October last year. CoreLogic data shows property prices grew by 0.8 per cent during May, making it the largest monthly increase since October last year. However, Brisbane has now become the second-most expensive city for housing in the country, …

Brisbane sheds its sleepy image with surging house values — now only second to Sydney
9 months, 3 weeks ago

Brisbane sheds its sleepy image with surging house values — now only second to Sydney

ABC  

So, you still think of Brisbane as the sprawling, steamy, sleepy backwater in Australia's deep north? There's such a shortage of houses and units that anyone with the means to buy – locals, along with the 116,260 new arrivals from overseas and interstate last year – is camping out in crappy rentals across the city, doom scrolling on real estate …

The video that will make every millennial jealous: Boomers reveal how little they paid for their first home
9 months, 3 weeks ago

The video that will make every millennial jealous: Boomers reveal how little they paid for their first home

Daily Mail  

Baby boomers have revealed how much they paid for their first home and warned young Aussies to give up their 'lavish lifestyles' to save for a deposit. First-home buyers continue to struggle to purchase properties in both capital cities and regional areas across Australia Australian big city house prices are tipped to surge by more than a third during the …

CoreLogic reports record-high rents across Australia's biggest regions as WA and Queensland tops list
10 months ago

CoreLogic reports record-high rents across Australia's biggest regions as WA and Queensland tops list

ABC  

The promise of fleeing the high cost of living in Australia's capital cities and finding reprieve in the regions is fast evaporating, with rental prices in nearly every part of the country hitting record highs. Batemans Bay in New South Wales had the biggest increases over the past three months, with rents going up the equivalent of $32 a week, …

House prices have risen for the 15th month in a row. Here's what property values look like across the country
10 months, 3 weeks ago

House prices have risen for the 15th month in a row. Here's what property values look like across the country

ABC  

Australia's property market is showing no signs of slowing down, with data from CoreLogic showing property prices increased by 0.6 per cent in April. Here's how much property prices changed in each city in April: Sydney: Increase of 0.4 per cent Increase of 0.4 per cent Melbourne: Decrease of 0.1 per cent Decrease of 0.1 per cent Brisbane: Increase of …

Proof Australia's housing market has gone mad: The awkward detail in this photo of a house that sold for $3million
11 months ago

Proof Australia's housing market has gone mad: The awkward detail in this photo of a house that sold for $3million

Daily Mail  

A Sydney home that prospective buyers weren't able to physically inspect because it was missing almost all its roof has sold for close to $3m. The three bedroom home at 89 Fitzroy St in Sydney's inner west suburb of Burwood sold for $2,750,000 earlier this month. A Sydney home that prospective buyers weren't able to physically inspect because it was …

The Aussie city where it now costs more than $1,000 a week to rent a house
11 months, 1 week ago

The Aussie city where it now costs more than $1,000 a week to rent a house

Daily Mail  

A high-income professional earning $180,000 a year would now be in housing stress renting the typical house in Australia's most expensive capital city, new data shows. Sydney's median weekly rent surged by 10.2 per cent in the year to April to $1,053.56, new SQM Research data released on Tuesday revealed. Mount Colah, 38km north of Sydney, has a median weekly …

Where in Australia house prices are surging the most... and the so-called 'affordable' market where prices climbed by just $140,000
11 months, 3 weeks ago

Where in Australia house prices are surging the most... and the so-called 'affordable' market where prices climbed by just $140,000

Daily Mail  

House prices in Australia's capital cities have surged by up to 20 per cent in the past year as immigration hit an all-time high. In Perth, the median house price has surged by 20 per cent during the past year to $735,276 to still be Australia's most affordable mainland state capital city market, new CoreLogic data showed CoreLogic research director …

The average Australian now can't afford to buy a house in any city in the country - but a real estate veteran who was kicked out of school at 16 has some very practical tips
1 year ago

The average Australian now can't afford to buy a house in any city in the country - but a real estate veteran who was kicked out of school at 16 has some very practical tips

Daily Mail  

A tattooed, multi-millionaire real estate agent has given his expert tips for young people hoping to buy a home, as the average Australian is locked out of buying a house in any major city without being in mortgage stress. A tattooed real estate agent has given tips to young people hoping to buy a home with the average Australian worker …

What Aussies need to make in a year to be an above-average earner - and what it means for buying a house they can afford
1 year, 1 month ago

What Aussies need to make in a year to be an above-average earner - and what it means for buying a house they can afford

Daily Mail  

Australians earning more than $98,218 a year are now considered above-average earners if they work full-time. Australians earning more than $98,218 a year are now considered an above-average earner if they work full-time RateCity research director Sally Tindall said the Reserve Bank of Australia's 13 interest rate rises in 18 months - taking the cash rate to a 12-year high …

Price gap between houses and apartments widens to new record as land values surge in capital cities
1 year, 1 month ago

Price gap between houses and apartments widens to new record as land values surge in capital cities

ABC  

In short: CoreLogic data shows the price gap between apartments and standalone houses has widened by 45 per cent since March 2020 and January 2024. "It's not like this is just Sydney or Melbourne pushing the numbers around, it's happening across every capital city to some extent," Mr Lawless said. Mr Lawless said the widening gap between house and unit …

Property values have risen for 12 straight months. Here's how much prices have lifted or fallen in each capital city
1 year, 1 month ago

Property values have risen for 12 straight months. Here's how much prices have lifted or fallen in each capital city

ABC  

Three capital cities continue to power the national property market, with prices rising by 0.4 per cent in January to start off the new year. Brisbane Monthly change: 1 per cent increase 1 per cent increase Brisbane median house value: $888,628 $888,628 Median unit value: $568,595 It was the pockets on the outer fringe of Brisbane that recorded the biggest …

Aussie beachfront home at Cungulla Queensland just steps from the beach listed for $181,000
1 year, 2 months ago

Aussie beachfront home at Cungulla Queensland just steps from the beach listed for $181,000

Daily Mail  

The Aussie dream of owning a beachfront property remains alive with a home only steps from the water on the market for just $181,000. The two-bedroom home is at 84 Empress Close in the village of Cungulla, a coastal settlement of beach shacks and houses, just 45km south-east of Townsville, Queensland. The two-bedroom home is at 84 Empress Close in …

Brisbane overtakes Melbourne as Australia's third most expensive city to buy property for the first time in 15 years
1 year, 2 months ago

Brisbane overtakes Melbourne as Australia's third most expensive city to buy property for the first time in 15 years

ABC  

Sydney, Canberra and Melbourne have long been touted as Australia's most expensive cities when it comes to property, but after three years of a COVID-19-bolstered boom, Brisbane has climbed the ranks. "About a third of that market is units, which weighs down the median, as opposed to Brisbane, where only about 25 per cent of housing stock is estimated to …

The one mistake Aussies are making when buying a house - and the things you should be looking for
1 year, 3 months ago

The one mistake Aussies are making when buying a house - and the things you should be looking for

Daily Mail  

Prospective property buyers are being told to avoid purchasing something because it is cheap with a wealth expert warning it could cost you in the long run. Pictured are houses in the West Australian town of Coolgardie where houses typically sell for less than $160,000 Property investment expert Brett Warren, the director of buyer's agent Metropole in Brisbane, said buyers …

What the typical Aussie can really afford - and why you might have to move to buy that dream home
1 year, 3 months ago

What the typical Aussie can really afford - and why you might have to move to buy that dream home

Daily Mail  

An Australian worker on a middle income can now only afford to buy an apartment in a big city unless they moved to a regional area. An Australian worker on a middle-income can now only afford to buy an apartment in a big city unless they moved to a regional area - but it can be cheaper than renting Perth …

Housing Boom and Bust Report tips property price to fall in 2024 as interest rates weigh
1 year, 4 months ago

Housing Boom and Bust Report tips property price to fall in 2024 as interest rates weigh

ABC  

Australian real estate is set for a double-dip downturn, according to a leading analyst, as interest rates finally weigh on property prices and for-sale listings surge. Key points: SQM Research is forecasting flat to falling home prices for most cities except Perth and Brisbane in 2024 High interest rates, rising unemployment and an increase in distressed sales are expected PropTrack …

Property values are tipped to reach a new high. Here's how much prices have risen in each capital city
1 year, 5 months ago

Property values are tipped to reach a new high. Here's how much prices have risen in each capital city

ABC  

With Australia's median property value set to hit a new peak by the end of 2023, what does that mean for where you live? Adelaide Monthly change: 1.7 per cent increase Adelaide median house value: $742,909 Median unit value: $464,414 The September quarter saw Adelaide recording the highest capital gain at 4.3 per cent, pipping out Brisbane and Perth. Brisbane …

Peter Costello issues a wake-up call to young Australians complaining about house prices
1 year, 9 months ago

Peter Costello issues a wake-up call to young Australians complaining about house prices

Daily Mail  

Nine chairman and former treasurer Peter Costello has claimed young Australians are prioritising overseas holidays over saving for a house deposit. Peter Costello, who was treasurer under Liberal PM John Howard, claimed young people would rather spend money on travelling than saving for a house How long it takes to save for a mortgage deposit SYDNEY: 14.3 years in a …

Sydney oceanfront property sells for close to $45 million amid cost-of-living crunch
1 year, 10 months ago

Sydney oceanfront property sells for close to $45 million amid cost-of-living crunch

ABC  

The record sale price fetched by a bungalow in Sydney's eastern suburbs suggests the Harbour City's market has some way to climb according to property experts. Key points: Cliff-sitting 'Lang Syne' sold for around $45 million in Sydney's Eastern Suburbs Tamarama's previous property record was $21 million in 2021 It comes during soaring interest rates and increased mortgage stress Perched …

Two-thirds of young Aussies have given up on ever owning a home, shock statistics reveal
1 year, 11 months ago

Two-thirds of young Aussies have given up on ever owning a home, shock statistics reveal

Daily Mail  

A worrying number of young Australians have given up on ever owning their home, a new survey has found. A Resolve Political Monitor poll published on Monday showed 54 per cent of respondents on middle incomes and 63 per cent in the low income bracket think they will never be able to afford their own home. Sydney's median house prices …

Sydney housing crisis: Newtown home sells in just three minutes - $360,000 above asking price
2 years, 1 month ago

Sydney housing crisis: Newtown home sells in just three minutes - $360,000 above asking price

Daily Mail  

It sold for $360,000 above the reserve price at the auction One family forked out $3.11million for the Newtown house An auction for a Sydney home wrapped in three minutes An auction for an 'unusual' city home has ended in mere minutes and gone $360,000 above the reserve price - showing at least some places appear to be immune to …

Brisbane and Hobart house prices set record for largest, fastest drop
2 years, 1 month ago

Brisbane and Hobart house prices set record for largest, fastest drop

ABC  

Brisbane and Hobart house prices have fallen sharper and faster than ever before after a "specular upswing" through COVID-19, according to property analysts CoreLogic. Key points: Property values dropped 10.9 per cent in Brisbane, and 9.3 per cent in Hobart Both cities saw values soar during COVID-19 The decline was steeper still in Sydney, but the NSW capital is yet …

Family 'priced out' of south-west Sydney rental market, as finding affordable homes 'near-impossible'
2 years, 1 month ago

Family 'priced out' of south-west Sydney rental market, as finding affordable homes 'near-impossible'

ABC  

A Sydney mother says she had no option but to move her family into a "stinking-hot" caravan after being forced to leave the rental home she had lived in for 16 years. "We're now sitting in a stinking-hot caravan out the front of my older daughter's house," Ms Thompson said. Ms Thompson said she and her partner have made dozens …

Sydney, Melbourne real estate: Why house prices could rise in 2023 even with interest rates rising
2 years, 3 months ago

Sydney, Melbourne real estate: Why house prices could rise in 2023 even with interest rates rising

Daily Mail  

House prices could rise again in 2023 even if interest rates keep going up because rental vacancy rates are tight and immigrants are moving to Australia. House prices could rise again in 2023 even if interest rates keep going up because rental vacancy rates are tight and immigrants are moving to Australia House prices expected to rise again in 2023 …

Real estate: Where you can still buy a home in a big city near the BEACH for less than $200,000
2 years, 3 months ago

Real estate: Where you can still buy a home in a big city near the BEACH for less than $200,000

Daily Mail  

Australians can still buy a home for $200,000 in a major capital city right near a beach if they opt for an apartment instead of a house. Orelia in Perth's outer south is the most affordable metropolitan suburb with a median unit price of just $183,522, and it's only one suburb from Kwinana Beach, near Rockingham. Australians can still buy …

The suburbs by the beach and near the city where house prices plunged the most in 2022
2 years, 3 months ago

The suburbs by the beach and near the city where house prices plunged the most in 2022

Daily Mail  

Some of Australia's nicest beachside and inner-city suburbs suffered the sharpest house price falls in 2022. Narrabeen on Sydney's northern beaches was Australia's worst-hit property market with its median home price, covering houses and apartments, diving by 26.8 per cent in a year Narrabeen on Sydney's northern beaches was Australia's worst-hit property market with its median home price, covering houses …

The Australian suburbs where house and unit values have risen the most since COVID-19 hit
2 years, 3 months ago

The Australian suburbs where house and unit values have risen the most since COVID-19 hit

ABC  

Australia's property prices surged as the COVID-19 pandemic set in. One capital city led the charge, CoreLogic data reveals, with eye-watering gains and some of its suburbs posting nearly as much as 80 per cent capital growth since March 2020, the onset of COVID-19. Overall, Adelaide dwelling values have posted 43.4 per cent growth since the onset of COVID-19, this …

Prestons Biggera Waters Footscray Annerley What a million dollars buys you in Australia
2 years, 3 months ago

Prestons Biggera Waters Footscray Annerley What a million dollars buys you in Australia

Daily Mail  

Australians hoping higher interest rate rises would bring property prices down have little to celebrate with $1million still only fetching a modest house. Suburbs with a one million median price that were cheap in 2019 PRESTONS, south-west Sydney: $969,555 up 17.8 per cent from $823,158 FOOTSCRAY, inner-west Melbourne: $986,330 up 12.8 per cent from $874,236 ANNERLEY, inner-south Brisbane: $951,297 up …

Bateau Bay, Mornington, Tugun, Runaway Bay real estate: Property prices drop below $1million
2 years, 3 months ago

Bateau Bay, Mornington, Tugun, Runaway Bay real estate: Property prices drop below $1million

Daily Mail  

Prices of properties near the beach and only an hour's drive from major city centres have fallen back below the $1million mark as new data shows their affordability will only continue to improve. Property prices near the beach only an hour's drive from a major city centre have fallen back below the $1million mark and are expected to become more …

Australian house prices fall seven months in a row but pace of decline slows
2 years, 3 months ago

Australian house prices fall seven months in a row but pace of decline slows

ABC  

National house prices have fallen in November but the pace of decline has slowed as low stock levels persist and buyers push ahead with purchasing despite rising interest rates. Key points: CoreLogic says national home prices fell 1 per cent in November, and by 3.2 per cent annually Unit values have fallen at half the rate of houses However, a …

The idyllic places by the beach where house prices are PLUNGING
2 years, 4 months ago

The idyllic places by the beach where house prices are PLUNGING

Daily Mail  

Idyllic places by the beach have suffered some of the sharpest house price falls as a result of surging interest rates. Byron Bay on the NSW far north coast is among the hardest hit markets with the median house price in this council area plunging by 15 per cent in the year to October. Where house prices are PLUNGING BYRON …

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