Allison Worrall

Oct 9, 2024 | domain.com.au | Allison Worrall

By Allison WorrallOctober 9, 2024Make way Danny Wallis and Adrian Portelli. A new challenger is preparing to throw their hat into the ring at The Block auctions this year. But Tom Ormerod is not endeavouring to snap up a luxury holiday home for himself or his family. Instead, he will be bidding on behalf of a syndicate of buyers. Paradoor, a co-ownership model for Australian holiday homes, launched last month with properties available in Noosa, Byron Bay and Daylesford.

Sep 16, 2024 | domain.com.au | Allison Worrall

It wasn’t so long ago that Hobart was piping hot property; investors and relocating mainlanders were flocking to the Apple Isle to secure a piece of real estate. House prices shot up 28 per cent in 2021 – and the average property took just 17 days to sell. But the latest data paints a very different picture, with average days on market in the state capital ballooning to 89 days, up from 66 days a year ago.

Aug 18, 2024 | domain.com.au | Allison Worrall

By Allison WorrallAugust 19, 2024The listings for The Block’s five renovated holiday homes in Phillip Island are live, and, for the first time in eight years, the price guides have been set below $2 million. The four-bedroom homes all have uniform price guides of $1.7 million to $1.85 million. It’s an enormous shift in price direction, considering the reserve prices on the show in recent years have mostly fallen into the $3 million to $4 million bracket.

Aug 13, 2024 | domain.com.au | Allison Worrall

With sea and tree changes on the horizon, The Block is – literally and figuratively – entering new territory. For the first time in the show’s history, contestants this year are renovating and completing holiday houses on Phillip Island, south-east of Melbourne. But is it time to move on and see what The Block could do in another location? Where else in Australia could the competition work?

Aug 6, 2024 | domain.com.au | Allison Worrall

By Allison WorrallAugust 7, 2024Putting away enough money for a property deposit is no easy feat. The average time it takes a working couple aged 25-34 to save a 20 per cent deposit for an entry-level house is four years and nine months, according to Domain’s 2024 First Home Buyer Report. Meanwhile, rental prices across Australia have soared in recent years, with higher rents chewing up money that might have otherwise gone towards a deposit.