Today’s trending stories in Australian home ownership and Home Loans.
- Historic Kensington home in former pharmacy for sale for $1.35 million to $1.45 million
A home in a former pharmacy, and one of Kensingtons oldest buildings, has hit the market for the first time in almost a decade with price hopes of $1.35 million to $1.45 million.
The two-bedroom home at 20 Rankins Road is one half of the former United Friendly Society dispensary, or pharmacy, built in 1915.
- Six houses sell for more than $1 million in bumper Brisbane auction weekend
Brisbanes auction market posted another bumper weekend, with six properties selling for more than $1 million. A total of 81 properties went to auction at the weekend, with a healthy clearance rate of 64 per cent….
- Auction clearance rates rise rapidly in Melbourne and Sydney
Auction clearance rates are rising rapidly across Melbourne and Sydney, with sales bursting out of the blocks in each market.
A whopping 79.2 per cent of auctions sold in the cities this weekend, compared with 70.5 per cent last weekend and just 50.8 per cent last year when both markets slumped due to pre-election jitters.
The strong results, particularly in Sydney, have come early in the auction season, says Domain senior research analyst Nicola Powell.