A state government program aimed at converting Airbnbs and empty homes into long-term rentals has made 400 properties available to renters, with Labor expecting a six-month extension to double that number.
Prime Minister Anthony Albanese withdrew his investment property in Sydney's inner west from auction on Saturday after evicting its tenant following years of “semi-market rent”. The three-bedroom townhouse at 29B Lewisham St in Dulwich Hill was due to go under the hammer at 11am on October 12 with an asking price of $1.9 million, having … Read more
The Australian resources sector has ended a six-day losing streak due to bargain hunting among major mining companies. The ASX200 closed at its highest level since August 1 on Tuesday, gaining 0.22 percent to 7,997.7.
Troubled developer Nicheliving is forced to sell dozens of plots of land and properties in various stages of development after losing its construction license. However, real estate agents admit that it is difficult to sell its properties in this market. Nicheliving has listed around 80 plots of land and properties in various stages of development … Read more
A property in Dampier has fetched $1.18 million – the highest price in the Pilbara region in 12 years. The house at 6 Maitland Court – with three bedrooms, one bathroom and three parking spaces – was sold at an overnight auction on Wednesday, August 7.
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The real estate market is a highly competitive market and it is difficult to find a nice home in the desired area at an affordable price. With more buyers than available properties, the pressure is even greater. Some potential buyers become afraid of missing out and make irrational decisions.
A leafy, narrow street in Perth's western suburbs was crowded as a huge and rare offering was auctioned, selling for nearly $2 million. A crowd of over 100 people packed Kingston Street in Nedlands on Saturday to watch 24 registered bidders vie for the 1,113sqm estate.