Young couple who bought land in Sydney’s newest suburb tell of ‘disheartening’ housing market

Young couple who bought land in Sydney’s newest suburb tell of ‘disheartening’ housing market

“A battle”, “overwhelming” and “disheartening”. That’s how young couple Nick Farmer and Carly Miller have described their journey to clinching a slice of land to call their own. WATCH THE VIDEO ABOVE: Prospective homebuyers snap up plots of Sydney’s newest suburb. But having purchased a plot of Sydney’s newest suburb — Orchard Hills North — … Read more

Smoking can now be banned on balconies in raft of changes impacting Queensland unit residents

Smoking can now be banned on balconies in raft of changes impacting Queensland unit residents

Queensland residents face the prospect of being banned from smoking on unit balconies. But in the raft of changes under new strata laws now in effect in the state, unit dwellers will no longer be unreasonably banned from having pets at home. The state government’s legislation, which Attorney-General Yvette D’Ath said was aimed at “improving … Read more

NSW’s cheapest freestanding home is located in Bourke and on the market for just $49,000

NSW’s cheapest freestanding home is located in Bourke and on the market for just ,000

The cheapest freestanding home on the market in NSW is selling from $49,000 — but there’s a catch. Located in Bourke, in NSW’s northwest, the home is referred to as “cheap as chips” in the online listing. The average house price in Sydney was $1,595,310 in December last year, according to Domain’s House Price Report. … Read more

Rental prices in NSW are at an all-time high. So, when will we see relief?

Rental prices in NSW are at an all-time high. So, when will we see relief?

A grim outlook for NSW renters has been revealed by experts, who have said the current competitive and record-breaking rental market may not ease for at least another year. Paul Ryan from PropTrack said while demand for housing in NSW has always been very strong, it has skyrocketed in the past years since the COVID … Read more

The townhouse going to auction with just $1 reserve

The townhouse going to auction with just  reserve

A family-sized townhouse is going to auction this week with a $1 reserve. While it may sound too good to be true, the Auckland property with three bedrooms and two bathrooms across the three levels is scheduled to go under the hammer on Wednesday. It also features leafy balcony views and a garage with an … Read more

In some New South Wales suburbs, rents have fallen by $100 a week

In some New South Wales suburbs, rents have fallen by 0 a week

As the rental crisis continues to smash NSW residents, the suburbs with the greatest annual fall in rental growth for houses and units have been revealed. New data by Proptrack revealed rent in some suburbs in the state has fallen by a whopping $100 a week. The suburb where rental house prices have fallen the … Read more

Why a three-bedroom home in WA town of Merredin between Perth and Kalgoorlie sold for just $22,000

Why a three-bedroom home in WA town of Merredin between Perth and Kalgoorlie sold for just ,000

A three-bedroom home in Western Australia has sold for just $22,000 — but there’s a catch. The home, situated on 1,062m² in Merredin between Perth and Kalgoorlie, was sold through private treaty on January 23. However the property contains asbestos, the listing by GEST Real Estate’s Stephen Nagle revealed. Stream local 7NEWS free on 7plus … Read more

Australian suburbs with mortgage repayments under $570 a week

Australian suburbs with mortgage repayments under 0 a week

The Australian suburbs where buyers can secure a home with mortgage repayments on par with the nation’s average rent have been revealed in new data. Australia’s median weekly rent was $570 last year, according to CoreLogic’s 2023 rental report. An analysis of the market by PropTrack found more than 350 locations across the country where … Read more

Brisbane cottage to be auctioned after it was vandalised by tenants

Brisbane cottage to be auctioned after it was vandalised by tenants

A Brisbane cottage vandalised by previous tenants is set to be auctioned next weekend. The one-bedroom home is located at 14 Haylock St in Wynnum, a coastal suburb in Brisbane’s eastern suburbs, and is described as a “hidden gem” in the listing. The steel-framed cottage was renovated and completely rebuilt four years ago, and is … Read more

Strange feature in Woy Woy rental in NSW amid housing crisis

Strange feature in Woy Woy rental in NSW amid housing crisis

With rental vacancies at record lows, prospective tenants are having to be open to considering all styles of accommodation. On offer this week — and already snapped up for $320p/w — was a studio apartment with a strange feature more commonly seen in central London or New York. WATCH THE VIDEO ABOVE: Strange apartment raises … Read more