Searching for a new home is often a bit like looking for the perfect ring, but now there's a way to buy them from an automated site.A new online platform that's available to home buyers, called the Real Estate Council, lets users search for homes online using a range of factors including price, size, location, history and history of previous homes sold.They can then buy the property directly from ...
Real estate property listings in Sydney are up 7.5 per cent over the year to the end of June.
The total number of homes for sale is up 3.4 per cent year-on-year, but this is due to an increase in sales of new properties, and fewer properties being bought.
The latest listings to post a price increase are the largest percentage increase since April 2018.
House prices in Sydney have been increasing at a rate of 1.5 percent per year since January 2019.
The average price in Sydney is $1.28 million.
The largest single month price increase since January 2018 was 4.4 percent for detached homes.
In comparison, the average price of new homes has been rising at a pace of 3.5 percentage points per year.
The most popular types of properties for the second quarter are apartments ($1.8 million), townhouses ($1 million), bungalows ($1,000), town houses, detached homes and houses with laneway access ($2 million).
The biggest monthly price increases since April 2019 were for houses with a laneway (up 10.5 points) and houses that are in the top 10 per cent of all properties for new houses in Sydney.