Latest news with #property listings
News.com.au
4 days ago
- Business
- News.com.au
Freeze grips home sales after RBA moves leave homeowners in limbo
Mounting speculation over further interest rate cuts has spurred a winter freeze across the Sydney housing market as buyers and sellers await the outcome of the next Reserve Bank rates decision before making a move. PropTrack's June 2025 Listings Report has revealed a 13 per cent decline in new listings across Sydney over the past month. Current listings are also about 5.2 per cent lower than at the same time last year. Many of the homeowners delaying plans to sell their homes are likely to also be buyers, with upsizers and downsizers normally making up a significant share of the buyer pool. A slump in new listings has occured as total listings rise, suggesting a market where buyers have a large selection of older listings but few fresh options. It's an anomaly on the east coast when compared to other capitals like Melbourne and Brisbane, where both new and total listings have declined since last year. PropTrack economist Angus Moore said the data demonstrated that Sydney properties were spending longer on the market recently. 'The fact we're seeing a bit more stock on market despite a smaller flow of new listings reflects homes taking a little longer to sell than they were a year ago,' he said. 'Though the difference isn't large, and homes are still selling faster than they were pre-pandemic.' With a prospective cash rate cut in the future, Mr Moore said things would soon improve for sellers. 'We're expecting to see a couple more rate cuts this year,' he said. 'Coupled with the fact Sydney home prices have been consistently increasing this year after a soft period in late 2024, that's likely to support vendor confidence.' Scerri Auctions director Chris Scerri said compared to June last year, auction figures were 'a little bit down'. He added that this kind of decline was seasonal and sales would 'increase significantly' come Spring, and that future rate cuts would also provide a boost to buyer confidence, auction turnouts and bids. 'As soon as there's talk of an interest-rate cut, (loan) applications and reapplications increase,' he said. 'That just gives more confidence which means increased buyer numbers.' 'At the moment our average buyer number is about 3.5 per auction, and then of those buyers about 50-60 per cent are actually bidding.'
News.com.au
30-06-2025
- Entertainment
- News.com.au
LOL: Aussie property listing fails revealed
From photoshop fails to questionable artwork and risque wallpaper, staging a home correctly can make or break a sale. With that in mind, we have trawled property listings nationwide, and gone back through our archives, to pull together a list of some of the strangest - and funniest - listing fails that have hit the market. And some of them are doozies. *** TOWNSVILLE, QLD While personally we would have hidden the garbage bins, it is not until you look at the listing photos that things really go awry. This three bedroom home has a room that could double as a sobriety test. Clearly a photoshop fail, this room would not look out of place in some kind of weird Alice in Wonderland dream. It is listed for offers over $475,000. TAMBO, QLD There is just something about the interior of this home that makes it feeel a bit like a dollhouse. The proportions, and furniture, just feel, well, tiny. Kind of like a Barbie dreamhouse, or maybe more like an actual Barbie toy house. On a 4046sq m block, the house has two bedrooms and is listed for $169,900. WOOTHA, QLD Never mind The Hills Have Eyes. In this acreage home, the walls have eyes. Deer eyes to be exact. On 36.23ha and listed for offers over $4.75 million, there are taxidermied deer heads in the bedrooms and main living area. TOWNSVILLE, QLD This one goes back a few years but if Jumanji was a house, this could be it. Listed for rent back in 2021, everything looked pretty standard until you get to the theatre room. And bam, there are bears, moose, mountain goats and other exotic animals staring back at you from the theatre room. But the listing made it crystal clear, the 'taxidermy animals are NOT included'. GOLD COAST, QLD A 'house' on the Gold Coast was listed for sale for just $19,500 in 2023 and was described as 'a realm of untapped potential and endless opportunities'. It was a caravan. In Carrara. But it was the listing description that got international attention. 'This one-bedroom retreat is waiting with bated breath for your arrival,' the listing said at the time, and yes, it sold. 'As you step inside, you'll be embraced by a spacious lounge, perfect for relaxation and creating cherished moments with your loved ones.' The adjoining dining area was 'seamlessly connected' to the kitchen which 'beckons you to embark on delightful culinary adventures'. 'This thoughtfully-designed home is tailor-made for those seeking a downsized lifestyle,' it said, adding that this ' captivating home is vacant and ready for you to put your stamp on it'. The agent clearly could see something we could not. EVERTON PARK, QLD A house with wallpaper reminiscent of a retro Playboy magazine was listed for auction in 2019. It had custom-made wallpaper of naked ladies in its bathroom. But the out-there quirks did not end there, with a giant carved eagle at the entrance of the home and an indoor squash court. It sold for $1,672,500. COWANGIE, VIC It is kind of hard to know where to start with this three-bedder on a 2421sq m block but let's cut to the chase. The barrels of hazardous materials in one of the sheds is a bit of a worry. But it is 'perfectly liveable in its current state' according to the listing, despite the rather frightening state of the kitchen which comes with a fire blanket. It is listed for $75,000. ZEEHAN, TAS Described as 'charming', this three bedroom cottage on a 1049sq m block was built in the 1930s. Clearly the owner is a bit of a gamer but maybe that creepy clown picture could be stashed away for the sale. It is conjuring up thoughts of Pennywise and is listed for offers over $169,000. MAGILL, SA A five bedroom residence on a 2618sq m block sold for $1.19 million in 2020. Everything about the property screams charm and character until you get to the living room with a fireplace — and a rather in-your-face portrait of Poison frontman Alice Cooper. CEDUNA, SA Not really sure what is going on here but there is one room that feels a bit like a dungeon, and it is not immediately obvious what room that is. The house itself looks in decent shape but that room brings a certain cult-like vibe. DARLINGHURST, NSW This one sold way back in 2016 but the kitchen toilet deserves an honourable mention. Described as 'amazingly compact', one can only hope that no one is, well, compacted. The pint-sized layout includes a fold-out bed, kitchenette, bathroom and living area, all quaintly tucked into 14sq m. BROKEN HILL, NSW Described as a 'true renovators delight', this three bedroom home is a 'true renovator's delight'. What is not clear is whether everything inside is included in the sale, including the bedroom potty. EVA VALLEY, NT Only in Australia does a property come to market complete with 11 pet crocodiles and a whole bunch of other free-ranging murder logs in the creek. Listed in 2023, it is still for sale by the owners for $650,000. KATHERINE SOUTH, NT The house itself has a lot to answer for but the true vom emoji crown goes to the backyard plunge pool, where we can't guarantee that a murder log (aka a crocodile for our southern readers) isn't hiding in wait. Described as a 'renovator's delight' it has three bedrooms, one bathroom and sits on a 807sq m block. It is listed for $260,000. NAREMBEEN, WA Aptly described as a 'roughie', this is one half of a duplex. And the one next door shows what it could look like. 'Check out the floorplan for this two-bedroom home and judge the photos for yourself,' the listing says, which is exactly what we did. And it is easy to see why it is listed for just $45,000.
