| battle axe, battle axe block (adj) | (real estate) rear lot, flag lot a land-locked lot that has a narrow section to connect with a road. |
| bed-sit (n) | an efficiency or studio apartment |
| block, block of land (n) | lot (real estate) "We bought a block in Subiaco." |
| expression of interest (n) | a real estate term meaning one is asked to bid on a property |
| flat (n) | apartment |
| flatmate (n) | roommate |
| gazumped (v) | outbid "He was gazumped on that property." |
| home open (n) (adj) | open house (real estate) Very short, less than an hour long. |
| land bank (adj) | to hold onto land for later release |
| no room to swing a cat (adj) | a small or cramped place |
| periodical tenancy (adj) | month-to-month rental (real estate) |
| p/w | per week, referring to rentals Apartments, furniture and appliances are rented by the week. |
| rates (n) | property taxes |
| repayments (v) | mortgage payments |
| resume (v) | how the government takes back land for public use "The state resumed our paddock to build the highway." |
| settlement (n) | escrow (real estate) "The property is in settlement." |
| short soup (n) | wonton soup (Chinese restaurant) |
| squatter (adj) | large landowner from early times government tenant |
| station (n) | large grazing property Bigger than a ranch; we're talking tens of thousands of acres. |
| stickybeak (n) (v) | nosey person, busy body, looky-loo "He's a stickybeak." "I'll have a stickybeak at that display home." |
| strata, strata-titled (n) | condominium style ownership "He sold his strata home at the beach development." |