Today’s trending stories in Australian home ownership and Home Loans.
- Sydney’s bridesmaid suburbs, where record prices are no longer a one-off
While property values in Sydneys prestige housing market have soared in recent years, the surge has had a ripple effect along theoceanfront,creating emerging prestige enclaves.
These bridesmaid suburbs longovershadowed by their more expensive eastern and lower north shoreneighbours have scored a spate of record prices in the past 12 months anda greater share of sales are in the $5 million-plus range.
Helping to narrow the…
- Prestige property sales fall across Melbourne but some suburbs buck trend
Melbournes prestige property market is no longer confined to bayside burbs and theleafy east, with neighbourhoods in the north and west notching up a string of sales above $2 million.
Northcote, Williamstown, Essendon and Moonee Ponds are among the citys emerging prestige postcodes, where buyers are increasingly splashing top dollar for luxury real estate.
A Domain analysis of sales for the year to July has also identified the eight suburbs…
- ‘They got it under their limit’: Couple snap up Northcote home in cooling market
It turned out to be a family affair when a home in Northcote went under the hammer on Saturday for the first time in 20 years.
The five-bedroom bungalow was set up for a clan, and came complete with three sinks in the main bathroom to avoid clashes as the kids get ready for school.
Many local families lined the street to watch as 94 Beaconsfield Parade was put up fo…
- Canberra auctions: Hackett home sells under the hammer for $910,000
Its the Canberra suburb where the majority of houses sell via auction, and on Saturday morning a Hackett home continued this trend, selling under the hammer for $910,000….