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Property experts say new housing supply will likely pop up near public transport routes, in inner-city areas and in new suburbs, and may dampen capital gains.
Tides are now shifting in the once male-dominated real estate industry, as data showed that more women are becoming the captains of their own ships. The Real Estate Buyers Agent Association (REB
The house wasn’t much to look at on the inside or the outside. Sellers in blue-chip Boroondara and Bayside make the highest median profits of $709,750 and $705,000 respectively, according to property data firm CoreLogic. Those in Manningham, Nillumbik and Whitehorse also pocketed more than half a million dollars on typical sales. In Manningham, a downsizer who sold her old four-bedroom Templestowe home at 410 Porter Street this month walked away with almost $1m in profit, after five bidders pushed the home $180,000 above reserve to $1.405m. The vendor of 410 Porter Street, Temples...