This Month
- Exclusive
- Property development
James Packer-backed $400m Toorak project gets the green light
Developer Orchard Piper has won an appeal against a council decision regarding its eight-level project on the site of a former Mercedes-Benz dealership.
- Larry Schlesinger
A dilapidated mansion tops the year’s biggest home sales
It’s been another record year for the luxury end of the market, with the total top 10 sales beating last year’s tally, despite the slowing market.
- Bonnie Campbell
10 suburbs for property investors to target in 2025
Investors can still score six-digit equity gain in 2025 despite the current housing market slowdown, but it requires thorough due diligence and smart property and area selection.
- Nila Sweeney
Elizabeth Bay luxury tower development rejected
The Rolling Stones made a surprise appearance in a judgment backing residents in a fight with developer Fortis about housing needs.
- Michael Bleby
Major developer APH collapses, sending ripples through private credit
The Melbourne company had already put many of its projects on the market. Its biggest lender, MaxCap, says it expects to be repaid in full.
- Primrose Riordan
Japanese giant in mega housing deal with Mirvac
The deal marks the next wave of Japanese investment in Australian property as trading companies seek out opportunities.
- Michael Bleby
Resort-style $70m Toorak mansion sold in Melbourne’s top deal of 2024
A Melbourne mega-deal has been sealed a week out from Christmas, with the sale of a contemporary four-storey mansion on Macquarie Road.
- Bonnie Campbell
- Sponsored
- Place Studio
The ‘Australian Dream’ is looking more like an apartment than a house
These days, housing affordability, just like the classic Hills Hoist, is fast becoming a thing of the past.
Sponsored
by Place Studio
Home sellers rake in record profits despite slowing market
More home sellers scored bigger profits in the September quarter, boosted by a broader lift in values nationally, but this could change next year, experts say.
- Nila Sweeney
- Exclusive
- Luxury property
‘Once in a lifetime’: Khuda ends stellar 2024 with $18m penthouse sale
AirTrunk’s Robin Khuda’s passion for luxury property development is proving a lucrative side hustle, with his Manly penthouse selling for a suburb high.
- Bonnie Campbell
- Opinion
- Chanticleer
The 3 housing charts that should make young people furious
New data shows how housing is slipping even further out of the reach of younger people. The election will kick off a new debate on the problem.
- James Thomson
Vendor sells $1m apartment in ‘flooded’ market
In a building with many investors selling, an upgrading owner-occupier was also trying to offload – in a market that changed for the worse within months.
- Michael Bleby
Sydney records lowest clearance rate of 2024 on final auction weekend
Clearance rates have slumped as the Sydney and Melbourne property markets limp across the finish line, while Adelaide, Brisbane and Perth remain strong.
- Bonnie Campbell
Toorak riverside mansion finally sells after $8m price cut
Electronic music industry pioneer Richie McNeill has sold his designer riverfront entertainer after a long wait and a hefty discount.
- Bonnie Campbell
- Exclusive
- Luxury property
Sydney lower north shore mansions sell after lengthy campaigns
Two designer homes on Sydney’s lower north shore have found buyers before the Christmas shutdown, drawing the curtains on long campaigns.
- Bonnie Campbell
- Exclusive
- Luxury property
Hype DC founders offer $19m Rose Bay harbour penthouse
Danny Gilbert and his wife Cindy are looking to set a apartment record for the suburb, as asking prices are slashed on nearby trophy mansions.
- Bonnie Campbell
AirTrunk’s Robin Khuda wins battle to build apartments at Palm Beach
The Rich Lister has seen off objections from residents to his plans to develop a series of luxury units next door to Barrenjoey House.
- Larry Schlesinger
Best (and worst) housing markets of the year
The growth momentum in the affordable end of the market is likely to carry through next year despite rate cuts.
- Nila Sweeney
David Waterhouse sues buyer of his $26m harbourside mansion
There’s far more to the $26 million sale of David Waterhouse’s Villa Biscaya to investment banker Michael Rothner than was reported last year.
- Myriam Robin
- Opinion
- Chanticleer
Minister’s viral house price moment exposes our ugly bind
Clare O’Neil has angered younger voters by suggesting she doesn’t want house prices to fall. Their angst is understandable, but there simply aren’t easy solutions here.
- James Thomson
Sydney’s housing values fall further as rates stay on hold
The downturn in Sydney and Melbourne has accelerated in the past four weeks, but could turn around quicker if the RBA cuts rates in February, according to experts.
- Nila Sweeney
Older, ‘cheaper’ houses hide costs that bite owners
More than 80 per cent of Australia’s houses have half the energy efficiency of the latest standards – and that’s going to make them less valuable.
- Michael Bleby
‘Shoebox’ apartment sells for $850,000 in less than a day
With supply crunched, this 41-square-metre unit sold at a rate similar to those on nearby Millionaires’ Row.
- Michael Bleby
Sydney property slumps as buyers wait for price falls
The preliminary clearance rate for auctions in Sydney fell to 58 per cent – its lowest in a year – as buyers anticipate price falls.
- Campbell Kwan
The best beachside suburbs to grab a bargain before the year ends
As buyer demand dries out, sellers in these sought-after coastal suburbs are becoming more motivated to sell.
- Nila Sweeney