Latest
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.
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.
Salesforce tower deal struck as Japanese rush for real estate
Corporate Japanese investment in property, which retreated after the 1980s, is back – but it has a new form as investors take a long-term view.
Lenders warm to residential projects as boom looms
A renewed appetite for construction is leading banks to lower their pre-sale requirements for projects, a shift from their previous more conservative stance.
Former AFL star pays $250m for farm with space for 1290 homes
Former Carlton football player Fraser Brown has snapped up one of the last remaining infill residential sites in the city’s south-east.
Adgemis pays out workers in hope of reviving collapsed pubs empire
The former KPMG deal maker has been working on regaining control of five Sydney venues that were once part of his failed Public Hospitality hotels business.
How it Sold
‘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.
‘A wow result’: The $1.4m ‘gamble’ on a rising market
Developers are usually cold bidders, basing their limit on what they can get for a site. But this buyer showed more hope than almost 40 rivals who bowed out.
Luxury Property
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.
Metrics, Odus pair to develop $290m Gold Coast tower
Lower borrowing costs and more confidence about building costs is creating opportunities to tap the greater demand for housing, financier says.
More From Today
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.
This Month
Metrics, Odus pair to develop $290m Gold Coast tower
Lower borrowing costs and more confidence about building costs is creating opportunities to tap the greater demand for housing, financier says.
Bun-fight over Besens’ $51 million Toorak estate
Only in Toorak would an unsuccessful bidder offer a sweetener of $3 million to the mansion’s new owner to take over the keys.
Co-working hub morphs into wellness centre for members
Busy co-working operator The Commons is opening new facilities that cater to Australia’s fast-growing interest in luxury health and wellness.
WiseTech director’s $1.6 billion SMSF buys and sells
Charles Gibbon owns one of the country’s largest super balances. It contains a stunning South Coast property.
Lendlease, Mirvac and Hemmes in box seat for Sydney Metro project
A Brookfield consortium had dropped out of the race to develop one of Sydney’s most highly sought developments, above the new Hunter Street metro station.
Meet stayvestors, the home owners who live with parents
A new generation has hit the market, finding a way to overcome the hurdle of housing affordability and still build wealth through real estate.
Auction leaps $1m in 17 seconds as volumes surge and buyers return
Auctions volumes and buyer sentiment have picked up following a decisive election result and two rate cuts, with the expectation of more to come.
This chart shows bank rules are making the housing crisis worse
Lending by banks to property development has plunged since 2008, exacerbating pressure on housing supply. Is it time for a rethink of the banking sector’s regulatory settings?
Builder Watpac warns of supply chain risk from new US steel tariffs
The increased uncertainty from a choppier global environment comes at a tough time for Australian contractors, just as conditions are slowing at home.
Future Fund-backed OneFortyOne in mega forestry deal
The biggest forestry deal by an Australian-owned firm in a decade comes as the country prepares for the next home-building boom.
First-time buyers fuel property price rises
A second cash rate cut has given first home buyers confidence to get into the market. Prices expected to rise at a sustained pace this year.
‘The pub life’: How hotel barons keep it in the family
At three of Australia’s biggest family-run pub empires, the transfer to next generation is under way.
AirTrunk’s Robin Khuda pays $32m for luxury apartment site
The data centre billionaire is expanding his real estate development with a “truly special” location in Sydney’s blue-chip “Balmoral Slopes”.
KKR young gun buys $8.4m Point Piper apartment
He has joined the who’s who on the pricey peninsula in Sydney’s eastern suburbs, taking the keys to an $8.4 million whole-floor apartment.
May
Toorak mansion with Merlo touch flips for $15m
The acclaimed garden designer has sold his latest mansion project for about $15m.
Tabcorp’s Gil McLachlan runs the gauntlet of angry country publicans
If the former AFL chief executive can pull it off, the wagering giant could become a major threat to the big international bookmakers that have cut its lunch.
Collette Dinnigan’s designer Sydney semi sells for $20m
The Australian fashion designer and serial renovator and her husband Bradley Cocks have sold their Darling Point luxury home.
This Sydney traffic junction sums up our city housing problem
Edgecliff, just east of Sydney’s CBD, shows the difficulty of councils and state governments trying to balance the demands of residents and growing populations.
Warehouses, build-to-rent work best for Rich Lister Tarascio family
The Tarascio family platform has delivered office space as well build-to-sell apartments, but such projects are just viable in the current market.