News

Once upon a time, owning a million-dollar home was a luxury perceived achievable only by members of the Sydney elite. Now, membership to the million-dollar keys club is about as common as activewear at Westfield, with the median house price in Sydney sitting at around $1.2M (almost double what it was just a decade ago.)...

Italy has long been an alluring travel destination. But in 2019, it became more than just a place to visit—for 1 Euro, it became a place to live. The €1 home scheme quickly went viral, putting one of the first participating towns, Sambuca, on the map.  The plan to encourage international investment by selling dilapidated...

It’s hard to know up from down when it comes to the property market right now. But if you’re wondering how your neighbourhood is faring, Realesate.com.au’s newly released interactive map gives you the answer in about 5 seconds flat. Whether you’re looking to buy or sell in a particular suburb, or simply curious about the...

As the end of this year comes to a close, it’s time to look back on the trials and triumphs of the property market over the past twelve months. 2023 was the first year unmarred by some form of Covid restrictions since the pandemic upended our lives, but its effects still lingered when it came...

With the first two weeks of the last month of 2023 behind us, it’s time to look ahead. But first, a quick recap of Sydney’s property market this year. In a word, wow. In an abbreviation, WTF. Defying all odds and expectations, on the back of increasing interest rates, property prices recovered and then some....

If the November rate hike will seriously stretch your finances, one potential solution may be to extend your loan term. It can ease the hip pocket pain by lowering monthly repayments. But taking more time to pay off your mortgage can come with hidden downsides. Here’s what to weigh up. Will the RBA’s latest 0.25%...

Earlier this week, first home buyers in Queensland were dealt some good news to close out the year. As part of a new cost-of-living measure, the QLD government doubled the state’s First Home Owner Grant from $15,000 to $30,000. Valid from now until mid 2025, the $30,000 grant is accessible to those buying or building...

No matter whether you’re in the market for a home or an investment property, it makes financial sense to buy in an area where values are tipped to rise. But where to look? Today we’ll unveil the Australian cities where population growth is tipped to turbo-charge the property market.   One of the biggest drivers...

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points, taking it to 4.35%. So just how much will this year’s Melbourne Cup day rate hike increase your monthly repayments? Some more tough news for mortgage holders around the country today. Despite the official cash rate being on hold...

The median unit price in some Sydney suburbs is lower than it was five years ago. Seeing as 2018 was the housing market’s worst year in a decade, that’s saying something. But is there cause for panic? Not really. As people continue to be priced out of higher markets, there will likely be a pick-up...