Elizabeth Redman is the national property editor at The Age and The Sydney Morning Herald.
The discounts raise the prospect that two couples from last season’s show could walk away empty-handed.
Property prices are likely to keep falling this year as buyers pull back, experts say, but that doesn’t apply to every type of home.
Last weekend was a key test for the property market, with a high volume of homes for sale and buyers showing scant FOMO.
Some properties are struggling to attract interest as mortgage costs rise and buyers fret about the health of the global economy.
In a new crackdown, penalties for property underquoting will rise to three times the selling agent’s commission and buyers will be offered price guides.
Potential home buyers may be better off buying their own home than renting. But they need to know where to look.
More owners have put their homes up for sale than at this time last year, and the extra supply could dampen price growth.
The pharmaceutical titan’s proposed double-storey extension would contain another five bedrooms and living spaces, while the basement would be expanded too.
In some Melbourne neighbourhoods, almost every home taken to auction is being sold under the hammer.
Western Australia is leading the nation for soaring rents, with new research revealing prices have climbed by two-thirds over the space of five years.