The South Yarra home of late businessman and philanthropist Tony Nicholas has hit the market with a price guide of $11m-$12m.
Nicholas was the grandson of Alfred Nicholas, co-founder of Aspro-Nicholas, the Melbourne firm that turned a wartime aspirin shortage into a global success story.
The family’s legacy still lives on through landmarks such as Burnham Beeches and the Alfred Nicholas Memorial Gardens in the Dandenongs.
His long-held residence at 11 Coolullah Ave, was designed by architect Geoffrey Somers and channels a grand French Normandy style, complete with twin turrets and manicured gardens.
Late businessman and philanthropist Tony Nicholas. Picture: Tony Nicholas EstateThe South Yarra home has hit the market with a price guide of $11m-$12m.Nicholas’ long-held residence comes complete with twin turrets and manicured gardens.
Set on a sprawling 1432sq m property, it was the first house built in the prestigious avenue and remains one of its largest.
Nicholas and wife Christina bought the property in 1967, later adding the neighbouring lot to create a private garden retreat with a pool and mature trees.
Christina once described the home as “a fairytale castle”, a sanctuary where they raised their three daughters over six decades.
Kay & Burton’s Peter Kudelka, who is marketing the property with Ada Taylor, said the estate carried extraordinary provenance and timeless character.
“This is more than a home; it’s a testament to the Nicholas family’s legacy of innovation and generosity,” Mr Kudelka said.
Set on a sprawling 1432sq m property, it was the first house built in the prestigious avenue and remains one of its largest.Nicholas and wife Christina bought the property in 1967.Christina once described the home as “a fairytale castle”.
Beyond business, Tony Nicholas devoted decades to philanthropy, serving more than ten years on the Epworth Hospital board and over 30 years with WWF-Australia, including roles as vice president and governor.
An adjoining property at 41 Oban St, long used as a guest retreat, is also for sale with a $3.95m-$4.05m guide – or can be purchased together as one of South Yarra’s rare dual holdings.
Tens of thousands of veterans are missing out on the benefits of U.S. Department of Veterans Affairs (VA) home loans each year, with billions of dollars in potential mortgage volume left untapped, according to a new analysis from Veterans United Home Loans.
The report found that more than 58,000 VA loans went unused in 2024, representing nearly $28 billion in potential loan volume.
The analysis compared how often veterans use their VA home loan benefits across local housing markets versus the national level while adjusting for each metro’s veteran population.
Despite the VA loan’s increased popularity since the Great Recession, the report found that usage remains inconsistent and, in many markets, disproportionately low.
“Even in some of the country’s most competitive and expensive housing markets, thousands of veterans might be missing out on the advantages of this benefit,” said Chris Birk, vice president of mortgage insight at Veterans United Home Loans.
“Our study underscores the need for greater awareness of the benefits of the VA loan. A stronger focus on education and access could make a meaningful difference for veterans and their families.”
High-cost markets lead in missed opportunities
The metros with the greatest underutilization of VA loans were Barnstable Town, Massachusetts; San Jose; and Naples, Florida.
The report said these areas share similar characteristics, such as high home prices, elevated median incomes and smaller veteran populations — a combination that can make homes less affordable and the VA loan program less visible to both buyers and real estate professionals.
In many of these markets, household incomes exceed the national median of $65,044, while listing prices far outpace the national median of $342,000. This imbalance can limit a veteran’s ability to compete with conventional buyers, Realtor.com said.
Metropolitan areas such as New York, Los Angeles and Boston each exceeded $1 billion in lost VA loan volume, according to estimates.
These higher-cost markets already face affordability challenges, amplifying the potential impact of unused VA loan benefits.
Lower-cost markets also affected
Not all of the underutilized markets are expensive coastal cities.
Smaller, lower-cost metros such as Glens Falls, New York; Lancaster, Pennsylvania; and Waterloo, Iowa, also ranked among the top 25 for missed VA loan opportunities.
Analysts attributed this to smaller veteran populations and lower overall loan volumes, which can lead to fewer local lenders and agents who are familiar with VA loan processes.
Nationally, VA loans accounted for about 10% to 12% of the mortgage market in recent years, but that figure dropped to about 8% in 2024, according to federal Home Mortgage Disclosure Act data.
Rising mortgage rates and reduced affordability were major factors cited in the decline.
Misconceptions persist
The analysis also pointed to lingering misconceptions about VA loans, particularly in competitive markets where sellers often prefer fast, conventional financing.
Some veterans may avoid using the VA benefit out of concern that sellers or agents view it as a more complicated process.
The report noted that VA loans offer significant advantages — including no required down payment and no private mortgage insurance.
Sellers can also pay all buyer closing costs and contribute up to 4% in concessions, while typical closing timelines match those of conventional loans when VA-specific steps are completed early.
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Amid one of the most severe housing crises in U.S. history, Zillow and Housing Connector, a tech-powered nonprofit, are celebrating a milestone in combating homelessness. Together, the organizations have helped 10,000 people find stable homes.
What began in 2019 as a local solution in Seattle has evolved into a national model for unlocking private-market housing for individuals and families facing barriers.
Through the Housing Connector platform — powered by Zillow technology — community-based organizations can quickly match people in need with housing providers offering vacant units and adjusted screening criteria.
“Behind every door unlocked is a team and community that refuses to accept that homelessness is inevitable,” Shkëlqim Kelmendi, founder and CEO of Housing Connector, said in a statement. “This milestone proves that we can re-imagine housing access in America. By transforming how the private market engages with public need, we’ve shown that solving homelessness requires innovation, accountability, and courage to do things differently.
“We’re not just building a platform, we’re building a movement where housing is treated as infrastructure, not crisis response.”
Since its inception, Housing Connector has grown from a single-city effort into a national infrastructure for housing stability, now operating in eight markets across seven states.
The organization plans to reach 15 markets and 30,000 people over the next three years.
“This milestone is a powerful example of what’s possible when we bring the right partners to the table — government, nonprofits, and the private sector — all working toward a shared goal: making housing more accessible for everyone,” said Jennifer Butler, vice president of government and community relations at Zillow.
“At Zillow, we see housing not just as listings and data, but as people, families, and futures. We’re proud to power a solution that meets the urgency of this moment and helps communities thrive.”
Partnership and technology
Housing Connector’s proprietary marketplace, integrated with Zillow’s rental technology, simplifies what was once an overwhelming process for case managers and families in crisis.
The partnership leverages real-time housing data and technology to connect property owners and service providers.
At an average annual cost of $1,000 per household — compared with $40,000 annually for public systems to support an unhoused neighbor — the partnership offers a high-impact, scalable solution, leaders said.
To commemorate this historic milestone, Housing Connector and Zillow were co-hosting an event, “Doors Unlocked: A Toast to 10,000 Stories,” on Thursday in Seattle.
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Colorado’s housing market shows a statewide median list price of $649,900 with 22,890 active listings, according to HW Data. Nearly half of active listings recorded a price reduction during the week. New supply totaled 1,441 listings while 1,869 homes moved under contract.
Inventory gives shoppers more choice
An active inventory near 23,000 listings expands options across price points and property types. With conditions leaning closer to balance than midsummer, buyers can compare neighborhoods and adjust terms with greater confidence. The mix of older listings and fresh supply creates clear signals on where pricing is gaining traction, especially in submarkets with tight comp ranges.
Price cuts are widespread across segments
48% of active listings posted a reduction during the latest reading, a broad signal that sellers are calibrating to meet buyers. Data-informed price changes help listings maintain momentum and avoid longer days on market. In areas with many comparable homes, measured reductions improve visibility in buyer searches and set workable negotiation ranges.
Contracts outpace new listings
Under-contract volume exceeded new supply, with 1,869 homes absorbed versus 1,441 new listings. That relationship indicates demand is still pulling inventory through the funnel even as more options enter the market. Colorado sits close to a balanced market, so accurate pricing and turnkey presentation remain decisive.
Seasonal timing and first-time buyers
New listings entered the market at a median of $597,500, about 8% below the statewide median list price of $649,900, a gap of roughly $52,400. As the calendar moves toward winter, sellers continue to adjust to meet active buyers before holiday slowdowns. For first-time homebuyers, the combination of lower new-listing prices and frequent reductions creates windows to negotiate on price or terms when financing is ready and offers align with recent comps. Watching weekly reductions and under-contract counts by submarket can help pinpoint where entry-level listings are moving fastest.
Takeaway for housing professionals
For lenders, active discounts support scenarios that compare rent versus own and highlight payment options for borrowers ready to move. Agents can focus on initial pricing and adjusting quickly to feedback keeps listings aligned with current activity. For brokerages, tracking the weekly gap between new and absorbed listings can guide pricing strategy, marketing cadence, and client expectations. See your latest full market data and the Altos Market Action Index powered by HousingWire.
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A new report has shone a light on SA’s buyer activity over the past month and, to be honest, it’s pretty interesting.
According to Oliver Hume’s September monthly dashboard, inquiry levels rebounded strongly by 12 per cent last month, suggesting a renewed sense of buyer confidence, while property reservations surged by 100 per cent, indicating this heightened market engagement was translating into more sales commitments.
For Adelaide purchases made in September, 50.9 per cent of them went to owner-occupiers, with investor activity rising to 49.1 per cent, making it almost an even split between the two.
Oliver Hume chief economist Matt Bell. Supplied
Oliver Hume chief economist Matt Bell said this split was particularly interesting.
This near balance between the two segments marks a significant market shift, with investment demand gaining strong momentum and narrowing the gap with traditional homebuyer activity.
Oliver Hume research. Supplied
According to the research, first-home buyer activity dropped to 33.3 per cent of all purchases made, with the other two-thirds going to more experienced buyers.
“This ongoing shift underscores the strengthening presence of established buyers in the market, suggesting that affordability pressures or reduced entry-level incentives may be constraining first-time purchaser activity.
Looking at the share of lot sizes on the market in September, the 300sqm to 349sqm, and 450sqm to 499sqm ranges made up the largest availability groups at 25 per cent each – a rise on the previous month from 5.4 per cent for the 300sqm to 349sqm group.
Oliver Hume research. Supplied
Those from 350sqm to 399sqm were the next largest group at 22.7 per cent – down on the previous month – while those in the 400sqm to 449sqm range made up 11.4 per cent of available stock.
Premium properties – those 700sqm+ – made up 4.5 per cent of all available stock.
“These changes are largely influenced by the composition of stock released, highlighting how product mix continues to shape monthly lot size distributions,” Mr Bell said.
Looking at the age of buyers, purchases made by those aged from 18-25 made up 33.3 per cent of all commitments, and matching the amount of purchases made by those in the 41 to 45 cohort.
That’s an increase for the young-uns on the previous month, and a drop for the older demographic.
Those in the 26-32 segment made up 6.7 per cent of all sales, while the 56+ age group accounted for 6.7 per cent of all sales.
Oliver Hume research. Supplied
“This shift indicates a notable resurgence in younger buyer activity, contrasting with the dominance of older demographics in August,” Mr Bell said.
“As with previous months, the small sample size continues to contribute to the volatility in age distribution trends.”
And as for interstate inquiry, well, this chart speaks for itself:
Oliver Hume research. Supplied
“Interstate interest in September was exclusively driven by Victoria, accounting for 100 per cent of demand,” Mr Bell said.
“This marks a reversal from August’s balanced mix between New South Wales and Victoria, highlighting a concentrated surge in Victorian buyer activity and renewed cross-border interest from that market segment.”
First-time buyers can get into the property market with as little as a 5% deposit under the government’s new scheme, and these brand-new two-bedroom apartments all sit under the price cap.
First-home buyers in Sydney are on the lookout for homes they can purchase under the cap of the government’s new low-desposit scheme.
As of 1 October 2025, Australian first-home buyers can enter the market with just a 5% deposit, after the federal government’s First Home Buyer Guarantee took effect.
In a market that’s been slipping out of reach for many, these changes are designed to bring ownership forward for first-timers. Under the scheme, the government guarantees up to 15% of the property’s value, allowing eligible first-home buyers to avoid costly lenders’ mortgage insurance that would normally be due on deposits lower than 20%.
Greater Sydney’s price cap is the highest of the nation, at $1.5 million, while the city’s median dwelling price sits at $1.2 million according to the latest figures from PropTrack.
For first-time buyers looking for proximity to the city and low-maintenance living, a brand-new build holds a lot of appeal. But many might assume that the market is still to pricey if they want anything other than a one-bedroom apartment close to the city.
But in Sydney’s inner-suburbs, there are a number of new apartment complexes offering two-bedroom homes with convenient commutes, as well as strong community culture in their local neighbourhoods.
Here are five new developments with two-bedders offering the trifecta: location, lifestyle and a leg up onto the property ladder.
Rothschild, Rosebery Two-bedroom apartments from $1.26m
Minutes from Green Square, this newly completed development from Deicorp brings European-inspired architecture and leafy courtyards to one of Sydney’s most creative postcodes.
The two-bedroom layouts feature high ceilings, generous terraces and elegant design by Candalepas & Associates. Residents are within walking distance of The Cannery, Turruwul Park and The Grounds of Alexandria, and only a short commute to the CBD, Eastern Beaches and the airport.
With pricing that fits neatly under the scheme’s cap and now with only a 5% deposit required, it’s a stylish first step for buyers wanting a walkable, connected lifestyle.
Rothschild, in Rosebery, takes inspiration from European-style apartments. Image: realestate.com.au
Ara, Leichhardt Two-bedroom apartments from $1.36m
Set in the heart of Sydney’s Inner West, Ara Leichhardt is a boutique community from Fiducia spread across six low-rise buildings, blending contemporary design with Leichhardt’s village character.
Two-bedroom homes here feature open-plan living, full-height windows with spaces designed for light and flow.
With low strata fees and easy access to Norton Street dining and parklands, it’s a rare find within 5km of the CBD. Two-beds start from $1.36m, comfortably under the scheme’s $1.5m Sydney cap – bringing Leichhardt back into reach for first home-buyers.
The airy apartments in Ara open up Leichhardt to the first-home buyer cohort. Image: realestate.com.au
Vertex, Zetland Two-bedroom apartments from $1.13 m
Just four kilometres south of the city, in vibrant Zetland, Vertex rises 21 levels above the city fringe, offering expansive views and resort-style amenities including a heated indoor pool, spa, gym and residents’ playground.
Moments from East Village shopping and Green Square Station, this Meriton development delivers lifestyle-focused, low-maintenance living for professionals and young families alike.
Two-bedroom apartments feature dual-aspect layouts, unobstructed views and cross-flow ventilation for natural light and comfort.
With prices starting from $1.13m, Vertex offers the scale, amenities and views usually reserved for higher price brackets.
Just four km from the city, Zetland is emerging as a lifestyle destination with apartments like Vertex. Image: realestate.com.au
The Kensington, Kensington Two-bedroom apartments from $1.45m
In Sydney’s sought-after eastern suburbs, The Kensington, from developer TOGA, pairs luxury design with everyday ease.
Interiors by Richards Stanisich and architecture by Turner Studio set a high bar for craftsmanship, while the address on Anzac Parade puts UNSW, light rail and Centennial Park within easy reach.
Generous two-bedroom floorplans open to alfresco balconies, with residents also enjoying a private rooftop terrace above new ground-floor retail.
With TOGA’s 60-year local track record and currently under construction for mid-2026 completion, buyers can secure with a 5% deposit – bringing prestige living within reach under the scheme’s $1.5m Sydney cap.
The Kensington sets a high standard for design. Image: realestate.com.au
AshLife, Ashfield Two-bedroom apartments from $1.06m
Eight kilometres from the CBD, AshLife brings contemporary design and generous green space to the vibrant Inner West.
Two-bedroom apartments include stone kitchens, ducted air-conditioning and seamless flow to private terraces, while this Buildhub development includes a residents-only landscaped park and fern garden.
With express train links to Central, schools and a thriving local dining scene, it’s an easy fit for buyers who want community feel without compromising convenience.
Two-beds are listed from $1.06m, keeping pricing under the scheme’s Sydney cap.
Ashfield’s thriving cultural scene is a good fit for buyers who want convenience on their doorstep. Image: realestate.com.au
Are you interested in exploring more of Sydney’s new apartments? Check out our New Homes section.
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Minimalism may be in, but it’s not for everyone. Some of the most popular houses last month were anything but. A Hollywood-style manor, a fairytale castle, an 1850s ‘grog shop’ and a mid-century masterpiece were among the top picks.
Visitors to realestate.com.au have been indulging in nostalgia, with stylish homes hinting at treasured bygone eras among the most viewed listings of September.
This was the most popular home in September across the country. Picture: realestate.com.au
For some of these houses, the glory days have faded, leaving behind a glimpse of what once was — and what could be again.
Most of these fabulous finds pop up in regions hugging the capital cities, showing our ongoing obsession with balancing space, lifestyle and convenience.
Of the top 12 most-viewed homes, four were in Victoria, three were in Queensland, three were in South Australia and two were in Western Australia.
Surprisingly, New South Wales, the Northern Territory and the ACT didn’t crack the top 20 at all, with just a single Tasmanian entry making the list.
Take a peek at some of the whimsical dwellings sparking daydreams on realestate.com.au this month.
The most-viewed home in September was this castle-like estate in Upper Ferntree Gully. Picture: realestate.com.au
This five-bedroom, five-bathroom beauty, known as ‘Mount Royal Manor’, spans three levels and is grand, opulent and — if you’re not a fan of minimalism, you might just fall in love. Think cloverleaf-shaped pool, concrete balustrades and archways, crystal chandeliers and bold carpets.
“We’ve had huge amounts of interest,” said agent Glenn Gardiner at Fletchers Yarra Ranges. “People love it from their first inspection, it’s like the world’s greatest party house. It’s almost like Hollywood.”
Sitting on 9,934sqm, just 45 minutes east of Melbourne, the estate offers spectacular CBD views, sprawling interiors, landscaped gardens with ornate water features plus a groundperson’s bungalow, greenhouse and sauna — all for $3.5m-$3.85m.
“People love the position, the style, the views, the outdoor spaces — and the ornateness and charm,” said Mr Gardiner.
It has a price guide of $3.350m – $3.5m. Picture: realestate.com.au
But the idea of actually living with the fairytale can be a different story, he added.
“Helping people imagine living here has been tougher than I expected. Many wonder how they’d manage two and a half acres.”
Originally built in 1923, the house burned down in 1953, was rebuilt in the 1960s, then renovated through the ’80s and ’90s, with minor updates more recently.
Mr Gardiner said the home is attracting large multi-generational families who value both space and style.
They’ll definitely get it.
Hinterland hideaway with ocean views
Wafts of smoke rising from a dark door on a black wall create a mysterious hero image for the listing of 168 North Maleny Road, North Maleny in the Sunshine Coast hinterland, the second-most-viewed property in September.
The hero image gives an essence of intrigue. Picture: realestate.com.au
Agent Allister Millican at Ray White Maleny said the photo perfectly captures the essence of the property and the area.
“It’s all about the green grass, stone, timber … and a little chimney, with an open fire burning away outside.”
Expected to sell for $2.5m-$3m, this refined three-bedroom home resides over 1.94 hectares of lush hinterland with views stretching to the Pacific. There are four fenced paddocks, ideal for horses or livestock, plus two eco-designed tiny homes, ‘The Lily Pad’ and ‘The Ivy Pad’, each sleeping four — perfect for guests or extra income.
There are also two tiny homes on the property, providing income potential. Picture: realestate.com.au
The region is booming, with North Maleny’s median property price jumping 29.3% over the last year to $1.81 million. Most interest comes from locals on the Sunshine Coast and Brisbane “who know and love the area”, said Mr Millican.
Fairytale stone castle with turrets
It’s a very particular buyer who will fall in love with 17 Forsythia Drive, Tamborine Mountain near the Gold Coast — perhaps someone who loves Disney-style castles.
This charming and quirky two-bedroom home feels straight out of Beauty and the Beast, with castle-like turrets, curved stone walls, timber beams, leaded windows, even a courtyard fountain.
The ‘fairytale castle’ is now under offer. Picture: realestate.com.au
Built in the 1980s by its current owner, the house was designed to reflect the architecture of his German homeland.
“It definitely suits someone who’s looking for something unique,” said agent Louis Bartle at Bartle Real Estate Tambourine Mountain, who’s been “inundated with enquiries”, despite the property “requiring significant renovation”, he said.
The home sits on a large block that slopes down to Tamborine Mountain’s Botanical Gardens. Picture: realestate.com.au
And it’s not just the house that’s dreamy; this miniature palace sits on a leafy, 1,139sqm block that slopes down to Tamborine Mountain’s Botanical Gardens — ideal for an Airbnb standout.
The guide price has not been revealed.
Californian cottage that ‘ticks all the boxes’
This quaint, three-bedroom cottage at 9 Paterson Street, Hawthorn is humbler than others properties in the ‘most-viewed’ list, but it still caused a stir — even at street level.
The charming home sold for $1.91m, well below the median house price of affluent Hawthorn. Picture: realestate.com.au/sold
Over 200 groups viewed this 1920s Californian bungalow before it sold ahead of auction for $1.91m, way above its reserve of $1.65m-$1.7m.
“It was incredible. I haven’t had a campaign like that for a very long time,” said agent Davide Lettieri at Marshall White, Boroondara. “It went far beyond our expectations.”
Mr Lettieri said the inner-city home “ticked all the boxes” for many buyers. It’s freestanding, sits on 400sqm of land (large of the area), and is a period home with a great floorplan in central Hawthorne.
The home is in a neat and tidy condition, though could do with some updates. Picture: realestate.com.au/sold
The romantic offering boasts a tiled verandah, Baltic pine flooring, detailed ceilings, leadlight windows and a fireplace.
But while “very livable”, it does need an update, which put off some buyers, he said.
“It definitely wasn’t for everyone based on its condition.”
The 1850s stone cottage was once a grog house, but while it’s since been restored, extended and gained respectability, it hasn’t lost any of its charm.
Originally built in the mid-1800s, the home was once rumoured to be a local grog shop. Picture: realestate.com.au/sold
Agent Ben Clarke at Williams Real Estate said the property’s uniqueness “had huge appeal”.
“People who came through and liked it absolutely fell in love. It’s very cute and quaint, offering something a little different that you don’t see every day up here.”
Crafted from locally quarried stone and timbers, the home was renovated a few years ago and still looks immaculate, said Mr Clarke.
Timeless charm. Picture: realestate.com.au/sold
“The original cottage forms the kitchen and living area, but the extension maintains that same stone look and feel. The glass atrium living and dining area captures sunlight and warmth, which is important in the Hills, while the 100-year-old oak tree out front provides plenty of shade in winter.”
The property sold for around $2.2m.
Functional, mid-century masterpiece
This six-bedroom, three-bathroom home at 21 Taylor Road, Kalamunda, about half an hour east of Perth, was designed in the 1970s by Krantz and Sheldon — architects famous for their functional creations that were originally criticised as ugly.
The mid-century modern/brutalist architecture has become highly sought after in high-end homes. Picture: realestate.com.au/sold
But over time, their designs have become revered, even adored.
“Mid-century modern is definitely back,” said agent Jessica Morrow at The Agency. “This home has a 70s kitchen and an 80s bathroom, but everyone seemed happy the owners didn’t update them. The house is still in great condition.”
The home sold for $2.12m in October. Picture: realestate.com.au/sold
Ms Morrow said the buyers loved the “massive” room sizes, split-level design, parquetry floors and the views to the Perth CBD from the elevated, 4,725sqm block.
More than 500 people came through the property before it sold for $2.12m by private sale.
A Glenelg North home with a unique – some might say ‘adults-only’ – feature is capturing buyer’s attention, with its selling agent saying he has never sold another home with anything like it.
The home at 39 Adelphi Crescent, Glenelg North, which is on the market with a price guide of $5.3m to $5.5m after its expressions of interest campaign ended on Tuesday, has a raft of amazing features to dazzle house hunters, including a spectacular indoor pool and outdoor kitchen.
By far the most unique feature – the most uncommon one in Adelaide’s conservative market – is the floor-to-ceiling bathroom mural depicting a nude male and woman.
The home’s racy bathroom mural. Supplied
Well, the guy’s in the nick. The woman is wearing a pair of black gloves as she attempts to cover her breasts.
Selling agent Josh Morrison of Magain Real Estate said it was certainly a talking point.
“I’ve never sold a place with something like this before – it’s pretty unique,” he said.
“It’s definitely different, and I like it.
“It’s really classy – it’s been really well done. I love it!”
Mr Morrison said the mural had been a hit with everyone he had shown through, and it was unlikely to deter buyers for whom it wasn’t their cup of tea, as if they can afford to buy at that price bracket, then they could also afford to change it if they so wished.
“It’s more about it being the right property for them, if they like the home they’ll take it and then just change an aspect of it that isn’t really them,” he said.
The striking indoor pool. Supplied
The pool’s attracted its fair share of attention too. Supplied
The living area with views over the Pat. Supplied
The light-filled kitchen. Supplied
Created for its former owners and original builders Chris and Joanne Rose, the couple custom designed the SICIS Hedonism piece and had it imported.
“We had it made in China to fit the wall – a 3m x 2.4m space – and shipped it in sight unseen,” Mr Rose said at the time.
“I remember unboxing it on the lawn and it was exactly what we wanted, right down to the colour shades.
“We were initially going to do our own, either in a mosaic or a dot-matrix style feature on the wall, but the benefit of the mosaic is it has a lot of texture in the tile and it has a lot of contour to it.”
Mr Morrison said inquiry in the 2016-built home – which overlooks the Patawalonga River and has five bedrooms and huge light-filled living spaces – had been enormous.
“It’s gone off the charts for inquiry – it’s been really strong,” Mr Morrison said.
“We had a lot of family buyers and a lot of interstate interest.
The home’s impressive facade. Supplied
Open-plan living at its finest. Supplied
The rear yard. Supplied
“One person is very interested and he’s flying in to look at it.
“We’ve been getting probably 10 inquiries on the property a day, so we’ll just see what happens going forward.”
The property last sold for $2.345m in December 2018.
It’s an image many of us have of homelessness: people sleeping rough on a park bench or in a doorway.
But this perception only captures a minority of people experiencing homelessness.
According to the latest data, it represents a mere 6% of the 122,000 Australians experiencing homelessness on any given night.
The vast majority live in cars, couch surf, or move between temporary accommodation with no guarantee of security.
For Ant Bray, the managing director of property marketing company, Tomorrow Agency, this confronting statistic was a powerful call to action.
“About six weeks ago, our whole company came together for a session on giving back,” he said.
“There was a strong feeling that we wanted to do more as a business. While several causes were considered, homelessness really resonated with us because of its direct connection to what we do as a property advertising agency.
More than 122,000 Australians have no safe and secure place to call home. Picture: Supplied
“When the opportunity came up to be involved in A Home for All, it immediately felt like the right fit.”
A Home for All Foundation aims to raise funds and awareness for homelessness in Australia, uniting the property industry and other sectors to tackle this hidden challenge.
“Our business is built on helping developers create communities and put roofs over people’s heads,” Mr Bray said.
“A Home for All aligns perfectly with that purpose. The connection between what we do professionally and what this foundation stands for made it feel like a natural partnership.
“The property industry already has a strong history of supporting charitable initiatives. But given its size and influence, the impact we can make collectively is enormous.”
The centrepiece of this collaboration is the inaugural campaign, A Night Without Home, taking place this month.
For Mr Bray and the Tomorrow Agency team, the event is more than just a fundraiser.
“We will be hosting a sleepover at our Cremorne office, with a goal of at least half our team taking part,” Mr Bray said.
The majority of people experiencing homelessness couch surf, sleep in cars, or move from one temporary accommodation to the next. Picture: Supplied
“Each person has been encouraged not only to raise funds through their networks, but also to start conversations.”
The initiative has been designed to highlight the hidden nature of the problem, a concept that had a profound impact on the managing director personally.
“The most surprising, and confronting, statistic for me was that 94% of people experiencing homelessness aren’t on the streets, but are instead in cars, on couches, or in other unsecured living situations,” he said.
“Like many, I had assumed homelessness was more visible. This really opened my eyes to how hidden the issue is, and I think that’s one of the most misunderstood aspects.”
By participating in the sleepover, the team will get a small glimpse into the reality faced by so many Australians.
“For us, this event isn’t just about fundraising, it’s about raising awareness that homelessness isn’t only what we see on the streets, but often what we don’t see,” Mr Bray said.
“The biggest message I’d like people to walk away with is just how invisible homelessness really is”.
Just 6% of people experiencing homelessness are sleeping rough. Picture: Supplied
Looking beyond this specific event, Mr Bray saw this partnership as part of a broader commitment that fitted with the agency’s existing charitable endeavours: children in need, domestic violence, the environment and homelessness.
“Supporting causes like this isn’t just about being a good citizen,” he said.
“It’s about showing leadership in our industry. On a personal note, I also hope that my own children see the work we’re doing and are inspired to make giving back part of their lives too.
“By coming together, we can amplify awareness, change perceptions, and help drive meaningful outcomes for people experiencing homelessness.”
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png00JKentshttps://www.juliankent.com/wp-content/uploads/2025/11/logo.pngJKents2025-10-09 12:02:122025-10-09 12:02:12‘Opened my eyes’: How a night without home comforts is changing minds
With rising house costs across the country, many Australians are wondering: Is a tiny home the answer?
Australians are expressing interest in tiny-home living as housing costs continue to mount. Image: Getty
For Australians squeezed by record house prices and rising rents, the idea of buying a tiny house on wheels can sound like a workable path into ownership. Compact, stylish, and often priced around $130,000, they promise affordability and freedom at a time when many are choosing (or being forced) to downsize, simplify and look for alternatives to a housing market that feels out of reach.
But dig a little deeper, and the financial promise of tiny homes collides with an ever-changing landscape of logistical and financing hurdles. Most councils have a strict timeframe for how long a movable home can be parked on private land at any given time.
But Goodwill is growing nationwide – with progressive councils trialling pilot programs and land-share platforms springing up – but the rules and regulations have a long way to go to catch up with demand.
Tiny-home ownership vs. renting
A five year snapshot:
According to PropTrack, the average weekly rent in Australia currently sits at $630 per week. Renting at $630 per week equates to $32,760 per year. Over five years, that’s $163,800.
The average cost of a tiny home comes in at $130,000. If you have to lease the land, that’s roughly $150 per week, equating to $7,800 per year. Over five years that’s $39,000. Adding the cost of the house, the five-year total comes to $169,000.
What it shows: Over five years, renting and owning a tiny home cost roughly the same. The difference? At the end of five years, tiny house buyers have an asset they can resell, rent out or relocate. And if you can site it on family land, the numbers – and regulatory hoops – improve dramatically.
This makes tiny houses a viable “middle path” for those priced out of the traditional market. But only if state and local permissions line up.
Three regions, three realities
To see how tiny homes compare to local housing markets, we looked at three very different regions.
Surf Coast, Vic.
Encompassing some of Victoria’s most iconic beach towns like Torquay and Anglesea, this region is home to a tiny-house-on-wheels pilot program, making it easier to situate a tiny home on private land permanently in order to bring more affordable housing options to the market. According to PropTrack, the median house price for Torquay sits at $1.2 million.
Example build: The Eureka model from Tiny House by Hangan is priced from $126,000 incl. GST. Typical site works to enable an on-grid connection would cost roughly $5,000, or the company offers an optional off-grid bundle priced from $20,000 to $40,000.
To lease land in this area, owners commonly report paying between $150 to $300 per week.
The Eureka model from Australian builder Tiny House by Hangan. Image: Tiny House by Hangan
South West WA (Margaret River & surrounds)
One of the busiest delivery zones for tiny-home builders, the Margaret River region offers lots of land that’s suitable for tiny-home living, while the regulations here are also changing to make tiny-home living easier to navigate.
In the popular gastronomic hub of Margaret River itself, the median house price sits at $907,500.
Example build: LJM Tiny Homes, who won the award of National Tiny Homes Builder of the Year in 2025 offers the Yamba Double Loft for $150,000 incl. GST. Delivery to WA will add another $12,500 to this home. On-site set-up to connect to the grid will cost around $5,000. The company offers an optional off-grid kit for roughly $30,000, including solar and water tanks. The modular decking system runs from $5,000 to $20,000.
To lease land in this area, tiny-home owners commonly pay roughly $150 to $300 per week.
Byron/Northern Rivers, NSW
The Northern Rivers region in NSW is one of the most expensive regional markets in Australia, with a median house price in the town of Byron Bay sitting at a whopping $2.5 million.
Example build: Über Tiny Homes offers the Model 6: Byron starting from $169,000. Site works will come in at roughly $5,000, or an off-grid bundle starts at $20,000.
Leasing land in this area for a tiny home is pricer than in other markets, coming in at $200 to $400 per week.
The Byron Model 6 from Über Tiny Homes being towed to site. Image: Über Tiny Homes
The takeaway
The pattern is clear: in all three regions, a tiny home costs a fraction of the local housing median. But that doesn’t mean moving in is straightforward – full-time living depends on state and local rules, and many still go under-the-radar.
The barriers to tiny-home living
One of the biggest elements discouraging Australians from taking up tiny-home living is the issue of navigating widely varying regulations, and rules that treat tiny homes as very different from any other type of housing.
Rules, permits and approvals
With over 500 councils across Australia, most still classify tiny houses on wheels as caravans, meaning strict time limits or short-stay only rules.
This means that tiny-home owners who would like to have a forever home may be forced to arbitrarily move their house periodically just to stay within the letter of the law.
Inside the Yamba Double Loft from LJM Homes. Image: LJM Homes
But things are changing. Nationwide, councils are opening doors to accommodation approvals and trialling programs to legalise tiny homes on wheels.
Shellharbour Council, on the NSW coast, has proposed a two-year pilot program to trial a better regulatory framework for movable homes.
This would allow mobile homes to be installed on existing residential properties without a development application, subject to strict conditions. The regulations are set to include rules around minimum setbacks, connection to essential services and compliance with fire safety and construction standards.
And in the shire of Augusta–Margaret River, where a similar trial is underway, a spokesperson told realestate.com.au:
“A large group of Shires want this to be easier for people. The community is concerned about affordability and want there to be more options available. Collectively, we are trying to find a way to make it easier.”
New land-match platforms are also coming to the fore to help make it easier for tiny-home owners to find land. Services like ParkMyTinyHouse pair tiny-home owners with landholders, which can unlock the economics where private land is scarce.
Financing
Banks rarely treat tiny houses as dwellings, leaving buyers reliant on personal loans or specialist lenders if they can’t stump up the full purchase price. This makes affordability more theoretical than real for many.
This isn’t only a barrier for buyers, it’s impacting the bottom line for builders as well.
One of the most established tiny-home businesses in Byron Bay is closing its doors, citing the sheer difficulty of navigating these barriers.
“If the finances sector got on board, tiny houses would go bananas. So many people want to buy one rather than rent but they can’t get them financed.”
The Verdict
Tiny homes: Big savings? Big minefield? Both. But for many downsizers they’re a practical, lower-cost path if the logistics line up and buyers are prepared to navigate approvals case-by-case.
Upfront, tiny homes stack up. Build costs are a fraction of local medians and, over five years, a buyer leasing land may spend similar to a renter but finish with an asset. Where permissions are clear and land is available (or family land exists), it works; when finance or planning stall, it’s complicated – and solvable with modernised state settings and clear, year-round council pathways.
As one Byron Bay tiny-house builder put it: “The demand is there, but the system isn’t keeping up. Goodwill isn’t enough – the rules need to change with the times.”
Are you interested in learning more about buying or building new? Check out our dedicated New Homes page.
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