Interest rates stayed on hold this week,but some home owners are feeling the pressure a lot more sharply than others.
Changing conditions in Perth’s turbulent property market has seen the pace of gains slow,but some suburbs are still recording impressive monthly gains.
The Reserve Bank cut interest rates for the first time in almost five years in February. By March,house values across the country were climbing.
The couple doubled their money at the property auctions over the weekend,the five-bedroom home in Wilston last selling for $1.885 million in 2022.
Seven buyers registered,all with big dreams of turning a deceased estate with uninterrupted views and a top position into a trophy home.
A fast-paced auction ensured for the Richmond townhouse with a rooftop terrace,built by the vendor 15 years ago and then rented out.
The rare double land holding in exclusive Watsons Bay is moments from the water and measures up to more than 1300 square metres.
It looked a fabulous prospect:living above a five-star hotel with a rooftop pool and gym. Then things went downhill.
The home passed in and eventually sold to the only bidders,a young couple with two children,who negotiated the sale.
The Lindfield home already comes with four bedrooms and a pool,but a buyer paid $3.76 million at auction on Saturday just to knock it down.
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