A second hand Tesla that’s been listed for sale for the past four years without finding a buyer offers a stark insight into the challenges faced by Australians trying to offload older used electric vehicles. The 2015 Model S in question is almost a decade old and has 115,000 kilometresContinue Reading
A leading analyst has revealed the impact a feared interest rate rise would have on Australia’s property markets, declaring “some cracks are already showing”. The monthly measure of inflation for the year to May, released last week, hit four per cent, which was above expectations and marked the highest rateContinue Reading
Tens of thousands of new homes being built in urban sprawl corridors of Australia’s biggest cities are so cramped that you couldn’t actually swing a cat between them. Generally speaking, mega housing estates on the fringes of our capitals are covered by planning rules that allow detached dwellings to beContinue Reading
Despite recent data showing rental supply is at record lows, it’s good news for those looking to sell their homes, especially in one state’s capital city. New analysis from PropTrack, released on Monday, shows the number of new rental listings nationally fell 5.7 per cent in the year to SeptemberContinue Reading
A home in one of Australia’s most exclusive suburbs is up for sale with a price tag of $50 million. The house in Toorak, an inner city suburb of Melbourne, along St Georges Road, has just hit the prestige property market, with expressions of interest closing next month. The five-bedroom,Continue Reading
Residents from Sydney’s Northern Beaches have been left furious over development plans that would see a three-storey house built near the beach. Bilgola Beach residents have come together to oppose the development proposal by Mark Bradshaw, the global head of Macquarie Infrastructure & Energy Capital. The plan includes knocking downContinue Reading
The Reserve Bank has offered millions of Australian mortgage holders a brief reprieve, deciding to leave the cash rate at 4.1 per cent for the time being, sparking warnings further hikes could be needed soon. While still at its highest level since April 2012, inflation was trending downwards on aContinue Reading