Federal Budget 2026: what it means for you in the property market

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The trends, features 
and suburbs defining 
luxury in 2026

But one home seller is trying to set a potential first home buyer up for success, offering the lucky purchaser of his Quakers Hill home a free, brand-new, electric vehicle with the sale.

Damian Russell is selling a property at 8 Reef Street through Ray White United Group agent Alex Salameh and with it he is offering a brand new MG4 EV Urban Essence 54 in the buyer’s colour of choice, provided the property reaches the reserve price.

“There are so many pressures of life at the moment. There’s fuel prices and house prices, and the general cost of living,” Mr Russell said.

“I think of myself all those years ago when I bought my first home and I think if something like this was available it would have been a good opportunity.

“I think the property is of good value in the market already, but this is now a house with a backyard and a brand new car.”

With a background in retail, Mr Russell said he knows customers are always looking for value.

“There’s only so much renovating you can do to add value, and the home is fully renovated from every light switch to every power point, it’s basically a new house,” he said.

“So I wanted to do something different to add value to the sale of 8 Reef Street.”

The three-bedroom, two-bathroom home is set to go under the hammer on May 16 and selling agent Alex Salameh said this was the first time he had ever had an auction like this.

“The home has been an investment for the seller for the past 16 years. It’s been completely renovated and Damian really wants to sell it to a first home buyer or a young family,” Mr Salameh said.

“He just wanted to do something different in the market.

“Interest rates are high, house prices are high. A lot of people are choosing between buying a house and buying a car. This way people can get everything in one hit.

“Fuel prices are very high so the sellers thought offering a new EV would give them an advantage.”

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