‘Repeatedly outbid’: readers share stories of housing despair as Australia’s prices reach record highs again

Expectations of further interest rate cuts, the growing presence of investors and an enduring lack of supply have combined to put sellers back in control

• Get our breaking news email, free app or daily news podcast

Dozens of Guardian Australia readers have shared their experiences of trying to buy a home in a rising market, as fear-of-missing-out fervour takes hold.

After a short reprieve, property prices have surged to record highs across large parts of Australia, making a family home even more unaffordable for prospective buyers.

Sign up for Guardian Australia's breaking news email