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VC buys $14.5m house in cash as Canva makes investors rich overnight
It seems not even Sydney’s leading venture capitalists like Blackbird’s Rick Baker are immune to the lure of Sydney’s high-end housing market.
- by Lucy Macken
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Moving from a Sydney unit to a house gets three times harder in a generation
The conventional wisdom is to start with a modest apartment and buy a house later, but financing the move has never been so challenging.
- by Tawar Razaghi
Investor pays $1.7m for Bellevue Hill unit to charge $1000 rent a week
An investor keen to capitalise on Sydney’s soaring rents beat nine other parties for the tidy apartment close to cafes.
- by Sarah Webb
Family makes last-ditch $500 bid to triumph for $1.5m Cheltenham house
The auction winners had to be coaxed to dig deep in their pockets for the charming home, and it was enough to get them across the line.
- by Jim Malo
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A $9.5m mansion that ‘shocked the flock’ of Exclusive Brethren back up for sale
It was a big week for high-end sellers, from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
- by Lucy Macken
‘Like starting again’: Melbourne upsizers priced out of the market
The cost of buying a house is nearly double that of a unit, making it much harder than a generation ago to move on from a first home.
- by Alexandra Middleton
Nick and Camilla Speer almost double their money on $27.5m Portsea beach house
The society couple bought the glamorous beachfront villa for about $13.5 million four years ago and did a cosmetic renovation.
- by Elizabeth Redman
How much it costs to buy a home in the suburbs where buyers pay cash
In the rarefied air of some of the most well-heeled neighbourhoods, it’s routine for buyers to spend millions without a mortgage.
- by Elizabeth Redman
‘Aussie’ John Symond lists Point Piper trophy home. Yours for just $200 million-plus
The last time the Aussie Home Loans founder listed the waterfront mega-mansion, he knocked back an offer of $110 million because he didn’t want to part with it.
- by Lucy Macken
Geography hacking: How home buyers can (almost) afford a house on their current salary
Plans to move out of the city and buy a home in the regions come very close to stacking up - if workers can pull it off.
- by Jemimah Clegg
Young couple picks up Glen Iris house for $3.31 million after it passed in
There were three buyers who registered to bid on the home, including local downsizers, but it passed in at $3.29 million before eventually selling.
- by Tom Carey