Story one of ten today, about five minutes for the lot

File image: Row of colorful Victorian terraced houses with freshly painted facades

Investors see potential in unrenovated Leichhardt terrace, pay $355,000 over

Three-bedroom unrenovated terrace sold for $1.855 million, $355,000 above its $1.5 million reserve price, after strong bidding.

Why it mattersInner west property with development potential and parking is rare and highly sought, attracting investment-minded buyers.

AustraliaFor Sydney property investors, the result shows inner-west unrenovated terraces command strong prices, especially with parking and renovation potential.

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Aerial view of modern suburban homes with varied architecture along a residential street

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Sydney and Melbourne luxury homes slide past 10 per cent from peak

Top-tier homes fell more than 10.7 per cent in Sydney and more than 10.5 per cent in Melbourne; low-priced properties held steady.

Why it mattersProperty investors and high-end sellers are bearing the brunt; tight affordability and investor caution could weigh on the broader market.