Latest
China’s enthusiasm for Australian housing cools
Home buyers from China are being squeezed between a slowing economy and high prices for Australian residential real estate.
- 32 mins ago
- Nick Lenaghan
High-income households locked out of half of the housing market
The latest data shows an income of $172,000 is only enough to buy half of the homes on offer in Australia. Four years ago, it would buy 80 per cent of the market.
- 38 mins ago
- Nila Sweeney
Chris Ellison’s luxury property on the market
The MinRes founder and wife Tia Ellison have turned to Alan Bond’s daughter to sell one of their Perth mansions.
- Mark Di Stefano
Charter Hall calls for independent valuer in HPI takeover fight
The property giant and its partner, super fund Hostplus, have extended their takeover bid for a third time in an effort to get more investors onside.
- Campbell Kwan
Where cash buyers are splurging billions on property
More than 141,000 residential properties were sold without a bank loan involved in FY24, according to PEXA.
- Nila Sweeney
More households making ‘difficult’ decision to sell homes, RBA warns
Real estate agents say financial stress – and divorce – are prompting a surge in distressed listings, particularly in Victoria and parts of regional NSW.
- Michael Bleby
How it Sold
Buyer of $19m mansion delays – then loses deal to faster rival
Consumers are right to be cautious about newly built properties. But the thoroughness of one potential purchaser was unnecessary for another.
- Michael Bleby
TikTok video sells $523,000 unit, avoiding fees for official listing
A social media walk-through gave potential buyers a real feel for this apartment, without the gloss – or cost to vendor – of advertising on a property portal.
- Michael Bleby
Luxury Property
Metricon widow puts $5m luxury pad on market
Patricia Curtis-Kline, whose husband George founded what became Australia’s largest home-builder, is preparing to leave her adopted home.
- Michael Bleby
Buyer of $19m mansion delays – then loses deal to faster rival
Consumers are right to be cautious about newly built properties. But the thoroughness of one potential purchaser was unnecessary for another.
- Michael Bleby
Yesterday
Metricon widow puts $5m luxury pad on market
Patricia Curtis-Kline, whose husband George founded what became Australia’s largest home-builder, is preparing to leave her adopted home.
- Michael Bleby
This Month
Why this fundie thinks inner-city offices are a hot play
Forza Capital has acquired a Darlinghurst office building in inner-city Sydney, its third such investment in the sector this year.
- Campbell Kwan
Buyer of $19m mansion delays – then loses deal to faster rival
Consumers are right to be cautious about newly built properties. But the thoroughness of one potential purchaser was unnecessary for another.
- Michael Bleby
Risks rise in Gold Coast apartment development
As banks focus on smaller and more secure projects, developers of bigger projects are turning to riskier and more expensive sources of credit.
- Michael Bleby
Listings soar in Sydney and Melbourne as homeowners run down savings
Spring is the traditional selling season. But a flood of properties hitting the market is being driven by persistently high interest rates, economists warn.
- Michael Bleby and Joshua Peach
Property management rights industry worth $9.4b
Rising real estate values and new developments have underpinned growth of the Queensland-dominated sector.
- Larry Schlesinger
Ken Griffin, Michael Jordan burned by Chicago mansion slump
The discounted sales reflect larger shifts in the city as businesses have left and it has struggled to put a lid on crime.
- Miranda Davis
- Exclusive
- Luxury property
Young Rich Lister’s family to sell ‘green utopia’ with golf course
On the banks of the Murray River an unexpected trophy retreat – complete with a five-hole course – has hit Victoria’s prestige market.
- Bonnie Campbell
NSW to fast track approval of large housing plans
The country’s two biggest states are taking steps to speed up the housing approval processes that developers say are holding back new projects.
- Michael Bleby
Lendlease avoids ‘second strike’ in crucial AGM showdown
The embattled company averted a vote on a potential board spill by convincing shareholders it was on the right track. Some want more evidence, however.
- Michael Bleby and Campbell Kwan
The cities predicted to miss house price downturn
The housing price dip in Sydney and Melbourne has intensified in the recent months, but this may not last long, experts say.
- Nila Sweeney
Why Melbourne’s housing market is primed to outperform all capitals
The city’s improved affordability means it could outperform its peers in the next recovery, experts say.
- Nila Sweeney
- Exclusive
- Luxury property
Buyer who paid $12.1m for Paddington’s prettiest house revealed
Fiona Brown has emerged as the buyer of the home once owned by fashion designer Collette Dinnigan; Sonia Kruger and Craig McPherson officially list in Mosman.
- Bonnie Campbell
- Exclusive
- Luxury property
Melbourne’s young and beautiful celebs drive up luxe listings
Young well-heeled Melburnians have put their designer homes in blue-chip locales on offer, as the window for pre-Christmas listings nears its close.
- Bonnie Campbell
Goodman suffers first strike against pay despite 75pc return
The industrial powerhouse suffered a 34 per cent protest vote against its remuneration report despite reporting “truly outstanding” FY24 results.
- Larry Schlesinger and Campbell Kwan
Developers aren’t building apartments – and it’s getting worse
The mix of housing projects coming on stream in the next few years has changed. Apartment construction now looks weaker than even six months ago.
- Michael Bleby
AI job growth to fuel demand for 480,000sq m of office space: report
JLL research suggests that by 2030, artificial intelligence will become the second-largest sector in the Australian economy, offering opportunities for office landlords.
- Michael Bleby
- Exclusive
- Office
Refresh at former Macquarie HQ gives new life to Barangaroo
A run of leasing deals in Sydney’s Barangaroo precinct has revived its fortunes, after a series of top corporate tenants left the waterfront precinct.
- Campbell Kwan
- Opinion
- Property Observed
Australia’s big shopping malls are back in black
Despite the cost of living pressures and the challenge of on-line shopping, retail rents are rising and so are mall valuations. There’s a reason for that.
- Robert Harley
Rich Lister strikes three with $170 million Adelaide mall deal
After making a fortune in petrol stations, Nick Andrianakos is reinvesting that wealth into the retail revival, with a string of big mall investments.
- Nick Lenaghan