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Housing

Sydney terrace home in need of major renovation sells for $3.8 million

by David Johnson
Sydney terrace home in need of major renovation sells for .8 million

A dilapidated home in the heart of Sydney has sold for an astounding $3.8 million, despite needing a multi-million dollar facelift. The four-bedroom terrace home on Windsor St in Paddington …

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Cheapest house auctioned in Australia mid-July was in Adelaide

by David Johnson
Cheapest house auctioned in Australia mid-July was in Adelaide

An unlivable three-bedroom home in Adelaide’s north has emerged as the cheapest house to be auctioned in the whole country last week. The advertisement for the home in Elizabeth Downs …

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Reserve Bank of Australia hikes interest rates for tenth consecutive month

by Anas Siddiqui
Reserve Bank of Australia hikes interest rates for tenth consecutive month

Australian mortgage holders have been hit with fresh financial pain following the Reserve Bank of Australia’s tenth consecutive cash rate hike. The RBA on Tuesday handed down a 0.25 per …

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County agency buys San Jose senior citizens affordable housing complex

by Vera Ward
County agency buys San Jose senior citizens affordable housing complex

SAN JOSE — A South Bay government agency has bought another affordable housing complex for senior citizens that had been seized by federal officials through the foreclosure of a delinquent …

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Would Singh trigger an election over housing? What he and his team say – National

by Vera Ward
Would Singh trigger an election over housing? What he and his team say – National

NDP Leader Jagmeet Singh said Tuesday he would “absolutely” go to the polls over the issue of housing — but his team says his comments should not be taken as …

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Homebuilder sentiment rises in July, but high mortgage rates hurt

by Anas Siddiqui
Homebuilder sentiment rises in July, but high mortgage rates hurt

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index. It marks the …

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Reserve Bank of Australia pausing cash rate hikes brings relief to Australian mortgage holders, but mortgage stress is on the rise.

by Anas Siddiqui
Reserve Bank of Australia pausing cash rate hikes brings relief to Australian mortgage holders, but mortgage stress is on the rise.

Australian mortgage holders can breathe a sigh of relief following the Reserve Bank of Australia’s decision to pause cash rate hikes. For ten consecutive months the RBA had hiked the …

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Yes, the 1.5 million Australians getting rent assistance need an increase, but more public housing is the lasting fix for the crisis

by Anas Siddiqui
Yes, the 1.5 million Australians getting rent assistance need an increase, but more public housing is the lasting fix for the crisis

This article first appeared in The Conversation. Australia is in the grip of a housing crisis, with low income households hit hardest by rising rents and falling vacancy rates. Social …

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‘No cause’ evictions to be banned in South Australia under proposed new rental laws to help tenants feel more secure

by Vera Ward
‘No cause’ evictions to be banned in South Australia under proposed new rental laws to help tenants feel more secure

Landlords won’t be able to evict tenants from their rentals in South Australia without cause under the government’s proposed rental reforms. If they go ahead, landlords would only be able …

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Harcourts Melbourne property listing goes viral after house hunter spots hilarious detail

by Edgar Davis
Harcourts Melbourne property listing goes viral after house hunter spots hilarious detail

An online listing for a property in Melbourne has gone viral after an eagle-eyed house hunter spotted a bizarre detail in one of its photos. A screenshot of the listing …

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