Latest
In Queensland, an additional 18,500 building workers won’t be enough
Across the country, governments are trying to balance housing needs of a growing population with infrastructure investment. But Queensland also has the Olympics.
Rental crunch puts landlords at risk
Inadequate landlord insurance is a critical but often overlooked risk.
Sponsored
by Terri Scheer Landlord Insurance
Victoria claims a land advantage in the data centre race
Even as states try to balance the needs of computing with other purposes, they see a big prize in hosting artificial intelligence-supporting infrastructure.
Moelis and Johns Lyng’s CEO met at The Beach Hotel
Scott Didier was negotiating an off-market deal with Moelis, while also talking to PEP about taking over the ASX-listed builder.
HESTA’s big plan to invest in European student beds, self-storage
Big super funds have long had positions in real estate including offshore, but the pressure to go global is increasing as they outgrow opportunities at home.
Cinema giant flags part-sale of Sydney’s George Street complex
Some of the real estate behind the popular complex is on the market, with the owner wanting to invest the proceeds into its hotels arm instead.
How it Sold
This inner-west Sydney home just fetched $1.25m. It won’t happen again
As borrowing costs head lower, buyer numbers will head up – and so will competition. That’s prompting purchasers to pull out the stops now.
‘Unbelievable’: $410k sale shows investors are back in this rural town
The demand is as strong as it was during the lockdown period. But unlike then, it’s focused on one key price range.
Luxury Property
Farming couple, lotteries boss smash Qld apartment records
The buyers of Queensland’s most expensive luxury apartments on the Gold Coast have been revealed as a Wagga Wagga-based couple and a lotteries entrepreneur.
AI exec buys trader’s resort-style mansion in Palm Beach
In Sydney’s weekend hotspots of Palm Beach and Whale Beach, two contemporary mansions have traded ahead of the winter slowdown.
This Month
Farming couple, lotteries boss smash Qld apartment records
The buyers of Queensland’s most expensive luxury apartments on the Gold Coast have been revealed as a Wagga Wagga-based couple and a lotteries entrepreneur.
AI exec buys trader’s resort-style mansion in Palm Beach
In Sydney’s weekend hotspots of Palm Beach and Whale Beach, two contemporary mansions have traded ahead of the winter slowdown.
Ex-AirTrunk deputy CEO buys banker’s $14.6m home
Former AirTrunk deputy CEO Michael Juniper has taken the keys to one of Hawthorn’s most luxuriously renovated homes,
High-rise switch sends apartment prices flying in these suburbs
Unit price growth has outpaced that of houses in close to two-thirds of suburban markets, due in part to the changing preferences of younger buyers.
Singapore’s CapitaLand aims high with $20b funds target in Australia
The Singaporean giant has brought on board two former investment bankers to steer its plans to turbocharge property business in Australia.
Developer Soheil Abedian sells $18.5m penthouse
Demand - and prices – are strong for existing luxury property at a time when building anew is much more expensive.
Global property giant CBRE buys Burgess Rawson
The real estate firm has bought out local commercial agency Burgess Rawson’s east coast business, and will tap into its network of high-net-worth investors.
Fund managers going bush for 8pc returns in property
The purchase of a regional Victorian retail centre comes as fund managers chase yield for their investors. But analysts say they need to know their market.
Art or architecture? This designer retreat is now up for grabs
Fancy a fur-lined wardrobe and 360-degree views of nature through full-length glass walls? One of the Apple Isle’s most striking residential projects is for sale.
This inner-west Sydney home just fetched $1.25m. It won’t happen again
As borrowing costs head lower, buyer numbers will head up – and so will competition. That’s prompting purchasers to pull out the stops now.
Luxury penthouse in Sydney tower to sell for (a sharply reduced) $80m
The long-awaited sale of Crown’s crowning glory in Barangaroo is just days away. But the price tag is a hefty discount on original expectations.
Long weekend holiday hiccup for housing market recovery
The clearance rate fell to its lowest so far this year as buyers and sellers took a break. But momentum is expected to return with another rate cut tipped.
‘Like Sydney without an Opera House’: Why people whinge about stadiums
People love to complain about new stadiums. The cost, the noise, the politics. Until kick-off, when all is forgiven.
Rest Super joins legal stoush over Melbourne Airport
The fund says its 2 million members should not lose their investment in the Melbourne and Launceston airports because of a legal battle between Dexus and its co-investors.
Vaucluse couple quietly offer $25m Bowral trophy estate, again
A Bowral acreage owned by Serge and Vicky Golman is being shown off-market, with high expectations for the lavish country weekender.
Mystery buyer of $20m Vaucluse mansion revealed
Harry Triguboff’s granddaughter Miki Hendler and her pub baron husband, Elliot Solomon, have landed in Sydney’s affluent eastern suburbs.
This architect is building for himself – at a quarter of the cost
Luigi Rosselli is the designer of one of Sydney’s most controversial homes, but for his own investment, he’s using a novel material to build on the cheap.
This migrant family business will knock off Virgin as the biggest IPO
Fund managers love a family business transitioning to the ASX. This property group has all the traits.
Luxury home sales take off as Australians get richer
As the number of Australia’s high net worth individuals grows, so does the number of $5 million-plus home sales across the nation.
When sustainability costs $14,400 per square metre
We check in to an innovative, carbon-neutral apartment in the Ferrars & York building in South Melbourne.
