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News

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domain.com.au > news > one-in-five-investors-sell-up-as-tax-changes-trigger-property-market-exodus-1555616

One in five investors sell up as tax changes trigger property market exodus

16+ hour, 16+ min ago   (885+ words) A survey by the Property Investment Professionals of Australia (PIPA) found that 18.3 per cent of investors had sold at least one property in the year to August, with 62.3 per cent now suffering from negative cash flow. PIPA chair Cate Bakos…...

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domain.com.au > news > sydneys-century-old-workers-cottage-hits-the-market-for-first-time-in-101-years-1554176

Rare Alexandria house up for sale for the first time in 101 years

3+ day, 23+ hour ago   (675+ words) The single-storey brick terrace is being sold for the first time in 101 years. The factories have long gone, but those early days live on in the memories of the family that has owned it for more than a century. The…...

Domain
domain.com.au > news > tamarama-clifftop-site-five-apartments-beach-shack-salewhy-buyers-are-chasing-a-crumbling-shack-and-five-empty-apartments-for-20m-1553105

Why buyers are chasing a crumbling shack and five empty apartments for $20m

5+ day, 17+ min ago   (595+ words) It comes with a crumbling beach shack, five empty apartments and a price guide north of $20 million. The property at 9 Kenneth Street, Tamarama, has a 12-metre frontage with unobstructed beach and ocean views from Mackenzies Point across Tamarama and Bronte…...

Domain
domain.com.au > news > auction-to-private-treaty-sales-rise-across-australia-1553142

The auction that wasn't: Savvy sellers are changing tack to get the job done

5+ day, 8+ hour ago   (1136+ words) The proportion of sellers switching from auction to private treaty in order to get their homes sold in a falling property market has skyrocketed to record levels, according to new data. The trend was particularly pronounced in Canberra, Sydney and…...

Domain
domain.com.au > news > record-breaking-sydney-mansion-sells-at-shocking-7-million-loss-1554539

Record-breaking Sydney mansion sells at a shocking $7m loss

4+ day, 23+ hour ago   (517+ words) A record-breaking Sydney mansion that made history just four years ago has plummeted in value, reselling at a staggering $7 million loss. The historic harbour-view mansion in Sydney’s inner west has officially changed hands for $12.8 million, a substantial discount on the…...

Domain
domain.com.au > news > unlivable-sydney-terrace-sells-for-eye-watering-price-1554202

Unlivable Sydney terrace sells for eye-watering price

5+ day, 10+ hour ago   (381+ words) The crumbling home had been held as an investment by the same family for more than four decades and came with a warning for potential buyers about its condition. Despite that, the unrenovated terrace sold to a local family for…...

Domain
domain.com.au > news > australian-housing-market-cops-34-billion-blow-as-property-values-slip-for-first-time-since-2022-1553683

Australian housing market cops $34 billion blow as property values slip for first time since 2022

6+ day, 11+ hour ago   (533+ words) Lower property prices have knocked tens of billions of dollars from the total value of all homes across Australia, new data has found. Latest figures from the Australian Bureau of Statistics (ABS) show the total value of residential dwellings fell…...

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domain.com.au > news > auctions-sept-5-1552850

Wareemba apartment bought for $118,000 sells for $1.07 million at auction

1+ week, 15+ hour ago   (872+ words) An apartment in a waterfront suburb, purchased four decades ago for $118,000, has sold for more than $1 million after a fiercely fought auction. Three bidders drove the price $120,000 over the $950,000 reserve, after a campaign by The Agency Drummoyne with a guide…...

Domain
domain.com.au > news > buyer-snaps-up-sydney-waterfront-with-15-million-discount-1551637

Buyer snaps up Sydney waterfront with $15 million discount

1+ week, 4+ day ago   (351+ words) A Point Piper waterfront has sold for a fraction of its $50 million asking price just months after hitting the market. The new mystery owner snapped up the four-bedroom, four-bathroom residence for around $35 million – a whopping $15 million less than its original…...

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domain.com.au > news > sydneys-cheapest-homes-start-at-just-150000-1549169

Sydney's cheapest homes start at just $150,000

1+ week, 5+ day ago   (825+ words) Australia’s cheapest postcodes may be largely immune to the property downturn gripping the country, but in Sydney, which has been hit particularly hard, even entry-level homes are being priced to sell. We’ve rounded up five intriguing properties across the city,…...