After a small improvement in January, Sydney's vacancy rates have reached a new low, indicating the shortage of rental accommodation is not a myth but a reality faced by those looking for somewhere to live.

A home described by Melbourne University’s Professor of Architecture Philip Goad as one of the most important post war residential buildings in the country, can now be yours, for a short stay anyway.

Owning property to live off, rather than live in, has become the new great Australian dream write Marc Pallisco.

AT a recent auction in Prahran, a family of four was bidding against a single, first-time home buyer for a one-bedroom apartment close to Prahran train station, the trendy Boutique nightclub on Greville Street and Swinburne University.

Brightonians will bid farewell to one of their favourite couples today.

Former Spotlight boss Quentin Gracanin and partner Camilla Knowles are auctioneering their Golden Mile home, in preparation for a move to Sydney. Quentin was recently poached by James Packer to head up the 390-store strong Pretty Girl fashion empire. Pretty Girl is responsible for brands including Rockmans and Table 8.