Real Estate

Why is selling a house online so expensive in Australia? – video


We all know it’s crazy expensive to buy a house in Australia – but did you know it’s also bizarrely expensive to sell one too? Matilda Boseley explains how a market duopoly – fuelled in part by a company majority-owned by Rupert Murdoch’s News Corp – means Australians pay more to sell their homes online than anyone else in the world.

This video is based on reporting by Sarah Martin as part of a Guardian Australia investigation into Australia’s $10tn residential real estate sector and who is benefitting the most from the big business of selling and renting Australian houses



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