Today
Seven ways to help your kids buy property without family fallouts
Generous parents are unwittingly creating a minefield of legal, tax and financial problems that could not only jeopardise their own futures but cause rifts.
- Duncan Hughes
House sellers pocket $300,000 gross profits as prices rise
The sharp increase in prices in the September quarter delivered a windfall for many vendors, but profits are expected to weaken next year as prices are predicted to fall.
- Nila Sweeney
This Month
‘Psychology and hand-holding’ get $7.3m sale over the line
A downsizer selling his home of 32 years had his concerns about how it should play out – and so did his children.
- Michael Bleby
Sydney’s auction clearance rate falls to lowest this year
Sydney’s weaker clearance rate coincided with a sharp slowdown in home values which gathered pace in the past four weeks.
- Nila Sweeney
Undersupply of new homes to trigger next boom, but not yet
The supply shortage is unlikely to spur strong price growth over the near to medium term, but it could underpin a future rebound, experts say.
- Nila Sweeney
What top CEOs want the Albanese government to focus on in 2024
Corporate leaders want the Labor government to focus on helping households with cost-of-living pressures, the housing crisis and slow planning approvals.
- James Thomson and Anthony Macdonald
Home builders will compete for business in 2024
Profit margins are already weakening for many of Australia’s home builders and greater competition will make that worse.
- Michael Bleby
The suburbs where houses gained $1m in 12 months
Premium suburbs led the biggest gains in house prices growth by value, while the affordable suburbs posted a faster rate of increases.
- Nila Sweeney
- Opinion
- Flat Chat
Good news for apartments as defects crackdown bites
Buyer confidence is low, but help is on the way after the release of three reports.
- Jimmy Thomson
Engineered stone ban leaves builders, customers in disarray
A ban on the artificial product was expected, but there was little detail on the immediate practical implications in a government agreement announced Wednesday.
- Michael Bleby
The suburbs where house prices are up more than 5pc
Which suburbs are defying the slowdown in house prices across Sydney and Melbourne?
- Nila Sweeney
House price growth to soften as listings rise faster than demand
Market conditions are now in favour of buyers as higher stock levels provide more choice, less urgency and greater opportunities to negotiate.
- Nila Sweeney
House smack bang under flight path sells for $50,000 over reserve
You know demand is strong when purchasers overlook downsides in a property. Flaws don’t get louder than this – but that didn’t deter first home buyers.
- Michael Bleby
- Opinion
- Property investment
Where to pounce on property in 2024
Forced sales could offer cashed-up buyers the chance to pick up a bargain.
- Sam Tamblyn
‘Populist’ property tax changes won’t boost rental stock: experts
Higher charges for offshore buyers and a cut in application fees for build-to-rent projects aren’t the main measures Australia’s troubled rental market needs.
- Michael Bleby
Three Sydney apartments sell at their reserves as auctions falter
Even with interest rates likely to stay on hold, a third of homes failed to sell last week, and agents say vendors need to meet the market.
- Michael Bleby
It’s hard to retire in Queensland when prices rise by $10,000 a week
Margaret Seach bought a three-bedroom villa in the Moreton Bay region after struggling for months to find a home.
- Campbell Kwan
Rates high, steady in 2024, but supply will soften housing: economists
Don’t expect big change in demand for housing next year due to lending costs, but more properties coming on to the market will trigger weakness.
- Michael Bleby
False dawn of interest rate hopes pushes home loans up in October
Owner occupiers, first home buyers and investors all roared back into the mortgage market in the fourth month the RBA kept the cash rate at 4.1 per cent.
- Michael Bleby
House sells for $235,000 more than expected after tenants removed
Agents say it is better to market an empty house, but owners don’t want to give up rental income – and renters don’t want to leave, either.
- Michael Bleby
