Browsing: Real Estate

Artist’s impression of the Thrive Tonsley development. Picture: Supplied by Junction

With prices in Sydney and Melbourne falling and auction clearance rates low across the country, the auction market seems like a promising place for buyers at the moment.

It has bits of 1960s newspaper covering gaping holes in the floor, wood is rotting and wall panels have begun to fray – but a derelict Tempe home has become hot property as developers chase deals in Sydney’s falling housing market.

The founder of Evergrande, the property giant at the centre of China’s housing market slump, has been sentenced to life in prison and had all of his personal property confiscated.

A luxury estate complete with a cattle farm, 22m pool and commercial gym has sold for $10.234m in 20 days, leaving six cash-ready buyers still searching for a comparable property.

The mother of Australian F1 star Oscar Piastri has pulled back on plans to sell the Bayside home he spent part of his childhood in.

This five-bedroom house at 9 Edgewater Drive, Clifton Springs was one of the first built on that stretch of foreshore.