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‘Ongoing crisis’: Alarming share of young people can’t afford to save for a house

‘Ongoing crisis’: Alarming share of young people can’t afford to save for a house

Only one in 10 potential first home buyers could achieve home ownership, and most would struggle to save a deposit, make the mortgage repayments or both.

  • by Tawar Razaghi

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How much for the worst houses on the best street in Melbourne? $9 million-plus

How much for the worst houses on the best street in Melbourne? $9 million-plus

Melbourne’s house price record is north of $80 million, but further down the same street two houses just sold for a fraction of that cost.

  • by Elizabeth Redman
Entrepreneurs snap up $7,425,000 manor, smashing Homebush’s house price record

Entrepreneurs snap up $7,425,000 manor, smashing Homebush’s house price record

Seven parties registered to bid for the historic residence with tennis court and swimming pool, and the vendors are upgrading to a $42 million home in Lavender Bay.

  • by Carmen Forward
Modest house in sought-after school zone soars past $1.8m in hot auction

Modest house in sought-after school zone soars past $1.8m in hot auction

Five bidders fought it out in an hour-long auction for the 1950s classic brick home in Bentleigh East, which is set on a spacious block of land and ripe for redevelopment.

  • by Jean Bell
Inside a modern Hawthorn renovation you won’t spot from the street

Inside a modern Hawthorn renovation you won’t spot from the street

A Californian bungalow facade hides a modern home with tributes to Melbourne’s past, in the popular Grace Park precinct.

  • by Jim Malo
Billionaire Will Vicars buys (another) Bondi Beach penthouse
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Billionaire Will Vicars buys (another) Bondi Beach penthouse

The oceanfront suburbs from North Bondi to Bronte pulls a gilded crowd nowadays, from billionaires Will Vicars and Nick Molnar to more recent arrivals like adman David Droga and MaxCap’s Brae Sokolski.

  • by Lucy Macken
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The Sydney suburbs where you should have bought a home

The Sydney suburbs where you should have bought a home

Sydney house hunters can no longer afford to buy in as many suburbs as a year ago, despite sharp price declines.

  • by Kate Burke and Melissa Heagney-Bayliss
More than 20 bidders turn up to compete for $2.36 million Stanmore home

More than 20 bidders turn up to compete for $2.36 million Stanmore home

Almost 100 people gathered on the footpath for the auction of the three-bedroom house, which was brought forward by one week due to strong buyer demand.

  • by Kate Burke
Moonee Ponds house owned by AFL lawyer sells for $4.64 million

Moonee Ponds house owned by AFL lawyer sells for $4.64 million

Two bidders competed for the five-bedroom Victorian Italianate house, pushing the price well above expectations.

  • by Melissa Heagney-Bayliss
The Melbourne suburbs where you should have bought a house

The Melbourne suburbs where you should have bought a house

Buyers on an average income can no longer borrow enough to buy into Melbourne suburbs they could afford one year ago.

  • by Melissa Heagney-Bayliss
Nicole Kidman makes it six in a row with $7.7 million Milsons Point pad buy
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Nicole Kidman makes it six in a row with $7.7 million Milsons Point pad buy

Nicole Kidman is developing quite a taste for real estate in her hometown, securing yet another apartment in her favourite building for $7.7 million.

  • by Lucy Macken