Today’s trending stories in Australian home ownership and Home Loans.
- The Sydney suburbs where house prices aren’t falling
Sydney house prices have taken their biggest hit in decades but aboutone-third of suburbs across the city are still seeing pricerises, data shows.
The citys median house price fell 6.5 per cent over the year to September the sharpest annual fall in more than 25 years but there were 99 suburbs where prices held or increased, Domain data shows.
While growth in mostof these suburbs was marginal, nine saw double-digit price growth &mdash…
- Vaucluse mega-mansion expected after neighbouring houses sell for $56 million
Finding the right patch of land to build your forever home is an expensive business for anyone in Sydney, but more so for one trophy-home hunter who has paid about $31 million for a half-built house in Vaucluse….
- Melbourne’s latest typically-priced suburbs: West Footscray and North Melbourne
West Footscray and North Melbourne are the latest definition of Melbournes most typical suburb, at least on a price basis.
Domain data showed the median house price for Melbourne was about $853,000 for houses and $496,000 for units at the end of the September quarter.
For houses, West Footscray, Footscray and Avondale Heights had the closest median price.
Median house and unit prices are used as a measure of what a typical property …
- Newly built duplex in Drummoyne sells for $2.57 million – $20,000 above adjusted reserve
A hot, sunny morning helped to draw bigger crowds to auctions across Sydney than for many months.
In the inner west, more than two dozen people gathered in the backyard of a duplex going under the hammer at 6A Wrights Road in Drummoyne. Even the neighbours peered over the fence with interest.
Auctioneer Robert Skeen was initially met with a minute of silence afte…