New data from Metricon NSW has shown that the majority of Sydney home owners would rather knock their home down and rebuild than renovate or sell.
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An updated three-bedroom terrace in Paddington has sold at a rate of $21,000 per square metre through 1st City Real Estate.
Sales agent at McGrath Edgecliff, William Manning was inspired to work in the industry by his mum.
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These are the up and coming Sydney suburbs to watch out for.
Melbourne's auction clearance rate is at its second consecutive week below 70 per cent, indicating the city's property market could be losing steam.
