Rundown Sydney home sells for $2.4m, highlighting how tough Australian housing market is to crack

The sale of a rundown three-bedroom shack in Sydney’s inner west has demonstrated just how hot Australia’s real estate market is, with the agent for the property describing it as the “craziest auction” he has ever seen. The median cost of a home in Australia has grown to $794,000, with dwelling prices increasing by eight … Read more

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