Elizabeth Redman

Mid-century modern on a budget: Where two Robin Boyd homes cost about $2m

There are some areas where home buyers risk reselling their property for less than they paid – but not here.

The three-bedroom home attracted only one bidder amid a patchy winter market, but it was enough to secure a sale.

Property owners in Melbourne are the most likely to sell at a loss of anywhere in Australia except the Northern Territory, and experts blame the weak market.

High interest rates and increased property taxes are taking their toll, but not all suburbs are affected equally.

A first home buyer beat five others in a heated bidding war for a two-bedroom townhouse in a coveted location.

Melbourne’s hospitality royalty pocketed a $6 million gain in three years on a property sold to tanning mogul Kirstie Kirkham.

Grant Rule sold his company, bought the second-most expensive home in Toorak and added a holiday home on the beachfront.

Contestants Leah and Ash will belatedly take out third place in last year’s season of the renovation TV show for their colourful art deco project.

Melbourne rents have jumped, but mortgage costs in some areas have soared by hundreds of dollars more per week.