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‘It’s bleak’: Why you might be struggling to keep pace with rent rises

‘It’s bleak’: Why you might be struggling to keep pace with rent rises

Rents for apartments have climbed six times faster than wages, making it hard for tenants to keep up with price hikes.

  • by Melissa Heagney-Bayliss

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Afterpay’s Anthony Eisen buys $23 million Byron Bay house
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Afterpay’s Anthony Eisen buys $23 million Byron Bay house

The fintech entrepreneur already owned one of the dozen houses fronting Byron Bay’s Wategos Beach before he added a second one on Wednesday.

  • by Lucy Macken
Bellevue Hill mansions sell in $130 million double deal
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Bellevue Hill mansions sell in $130 million double deal

Flower businessman Leo Lynch had a big Tuesday night, selling his Bellevue Hill home for $61.5 million, only to buy the nearby Leura estate for about $70 million.

  • by Lucy Macken
The home hunters racing to buy at auction before costs go up

The home hunters racing to buy at auction before costs go up

Buyers with pre-approved loans are racing to transact before their borrowing power takes another hit, contributing to growing competition at auctions.

  • by Melissa Heagney-Bayliss
Vaucluse knockdown home sells for $7.4 million

Vaucluse knockdown home sells for $7.4 million

More than a dozen buyers turned out to compete for the three-bedroom clifftop home, which sold for $300,000 above the reserve price.

  • by Carmen Forward
Investors splash $2.38 million on Armadale townhouse for their children

Investors splash $2.38 million on Armadale townhouse for their children

A couple who live nearby bought the three-bedroom townhouse as an investment property, but eventually plan for their children to live there.

  • by Jean Bell and Melissa Heagney-Bayliss
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From the man who brought us Les Mis comes a $31 million Palm Beach house
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From the man who brought us Les Mis comes a $31 million Palm Beach house

Who needs a box-office hit? Theatre producer Martin McCallum is quietly offering his Palm Beach retreat to those with the $31 million to $34 million to pay for it.

  • by Lucy Macken
‘A lot of noise’: The next hurdle for Melbourne’s first home buyers

‘A lot of noise’: The next hurdle for Melbourne’s first home buyers

Property prices fell sharply last year, but now there’s a fresh set of challenges to overcome for anyone hoping to get on the property ladder.

  • by Melissa Heagney-Bayliss and Kate Burke
Sydney suburbs where first home buyers could save on stamp duty

Sydney suburbs where first home buyers could save on stamp duty

Property prices in dozens more Sydney suburbs could soon be in reach for first home buyers wanting to qualify for stamp duty relief, but at what cost?

  • by Kate Burke
First home buyer beats 26 others to one-bedroom unit with $847,000 bid

First home buyer beats 26 others to one-bedroom unit with $847,000 bid

The Newtown unit was guided at $650,000 – almost $200,000 less than the price the buyer eventually paid.

  • by Tawar Razaghi
Family snaps up Black Rock home for more than $5.7 million

Family snaps up Black Rock home for more than $5.7 million

The result for the five-bedroom house soared well above the $4.8 to $5 million price guide.

  • by Melissa Heagney-Bayliss