An expected interest rate cut on Tuesday could add tens of thousands of dollars to an average buyer’s borrowing capacity, but one simple policy tweak could give them an even greater leg-up. Known as the ‘buffer rate’, lenders are required to apply a serviceability buffer on top of the interest rate when assessing a borrower’s […]
A huge change to Victoria’s real estate auction market has been on the table for some 16 years, without the government taking action. The Victorian government is facing calls to fix the state’s underquoting problem with the same solution it has failed to act on since at least 2009. Industry experts have been warning the […]
One new change could make it easier for Victorians to build homes on smaller lots across the state. The Victorian government has announced the Single Home Code, a state-wide amendment to streamline approvals for single homes and small second dwellings on lots under 300 square metres. The change is part of larger reforms the government […]
The Ridge in Birdwoodton is a luxury 2022-built homestead on nearly three acres, designed for year-round comfort, entertaining and rural living. Wrapped in grapevines and country air, this luxury homestead in Mildura’s wine district could be the ultimate treechange, and it’s just hit the market. Known as The Ridge, the four-bedroom, two-bathroom home at 86 […]
A Buddhist shrine is one of many impressive features at the 6 Glasgow Rd, Kilsyth, property. A sprawling property in Melbourne’s east featuring a Buddhist shrine, Mongolian-style yurts and mini golf course is set to swing a record $7m-$7.7m sale. The impressive 2.63ha address also boasts its own lake, tennis court and a three-bedroom house […]
The dream of affordable housing slips further away as new research reveals Australian cities are hemorrhaging 24 sub-$750,000 homes every single day. The latest Ray White Economic Update analysed properties that sold for under $750,000 across Australia’s nine capital cities between 2015 and 2025 – and the result was alarming. “Sydney leads the decline with […]
After many years living in California, Pamela Anderson was done with the US. The “Baywatch” star offloaded her longtime Malibu home in 2021 for a whopping $US14.9 million ($A22.8 million). The Canadian-American actress initially purchased the land in 2000 for $US1.8 million ($A2.7 million) and built the property from the ground up. “Many sexy, fun […]
Prince Andrew has reportedly achieved a quiet victory over his home at Royal Lodge. According to UK’s Express, King Charles III has given up on trying to evict the disgraced Duke of York from his $57 million mansion. The outlet reports the monarch’s brother “has won the row” and will be staying in the palatial […]
Award-winning builders Larkin & Drought constructed 522-550 Grubb Rd, Wallington. The vendor of this Wallington lifestyle property threw caution to the wind when her family bought the 10ha parcel of land with no guarantee of securing a building permit for a house. The keen showjumper and dressage rider faced a long wait, exacerbated by Covid, […]
Creative director Beau Neilson has bought this historic Double Bay waterfront home for $20m. Creative director Beau Neilson is swapping the Chippendale warehouse she has listed with a $19m guide for a $20m Double Bay waterfront. Neilson, the daughter and heiress of billionaire businesswoman and philanthropist Judith Neilson and her ex husband fund manager Kerry […]