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Weathered Australian cottage with corrugated iron roof, deteriorating wood exterior, brick chimney
✓ Illawarra MercuryMoney & Work

Austinmer fixer attracts 25 buyers as prices soften

A $1.45 million Austinmer renovation project drew 25 inspections despite being well below the suburb's $2.04 million median.

Why it mattersProperty flippers face tougher maths on whether renovation investments yield returns in a cooling market.

AustraliaIllawarra property investors recalculate renovation strategies as the market softens; traditional flipping profits look narrower.

✓ Claims checked against the source. checked 2 d ago

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