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Residential

Yesterday

Aware Super’s $1b plan for serviced apartments in Europe

The fund has taken majority control of an “aparthotel” operator, continuing a push into global real estate.

Evan Thornley, CEO of investment company Longview Evan outside a house that he says is rising in value and will keep rising.

The fastest-growing house prices aren’t where you think

Leafy suburbs closest to the CBD aren’t the ones that offer the biggest value gain. As home-building picks up, there are some suburbs worth considering.

This Month

The four-bedroom house on 742 square metres at 36 Mount Auburn Road in inner-western Sydney’s Berala sold at auction for $2.375 million.

‘There’s definitely profit’ for buyer of $2.4m home

Lower borrowing costs and expectations that purchasers will pay more are spurring developers into action once again. They’re chasing areas with opportunity.

Elias and Colleen Jreissati are trying again to sell their level 82 penthouse in Melbourne’s Eureka Tower.

Developer Jreissati cuts $1.5m from Eureka Tower penthouse price

It’s the latest effort by the family to sell their level-82 apartment in a building one pundit calls the city’s “white elephant”.

Paving the way: New home-building is picking up again .

New housing supply will raise (and lower) prices

The new home-building cycle is just beginning. Its effects on values will vary by location and property type, analysts say.

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A two-bedroom apartment in Sydney’s inner-west sold under the hammer on Saturday for $1.088 million, one of more than 1,500 auctions held over the past week.

Sydney home gets $200k above reserve, as Melbourne auctions rocket

The nation’s preliminary auction clearance rate notched higher for a fourth consecutive week, but the number of homes going under the hammer remains light on.

Old is new again: Pattern books of off-the-shelf Victorian terrace designs shaped suburbs like Paddington, says architect Shaun Carter, whose firm designed this terrace home for the NSW Housing Pattern Book.

Brisk, no-risk housing policies take states back to the future

Fast-track planning rules to accelerate housing development and make better-quality homes show NSW is relearning lessons it has forgotten.

Expanding their reach: From left, Nex Building Group CEO Andrew Helmers, Nex director and chief strategy officer Koji Naganawa and Nex Property general manager Nadim Akari.

Asahi Kasei-owned builder NEX expands into land development

The move shows a deeper investment by the company that bought into then-named McDonald Jones Homes in 2017.

A rendered image of Lendlease’s plan to build 300 luxury apartments overlooking Sydney’s CBD.

$2.5b luxury apartment project planned for Sydney

The ASX-listed developer, investor and builder wants to show it has progressed a strategy to double down on its Australian development pipeline.

Forget uni hovels, students want a hotel-style ice bath and sauna

A $132 million high-end student housing development in Sydney is tapping global demand with yoga facilities and a rooftop infinity pool.

There is value, after all, in managing our cities. The coordination of public utilities, transport networks, green space, and infrastructure capacity is a role that private actors, uncoordinated, are unlikely to fulfil. These are the main market failures that effective planning should work to resolve.

The housing crisis is being managed by the wrong people

Planning policy has been monopolised by a small professional silo, which for decades has been insulated from external input, feedback, and oversight.

A picture tells a $500k price difference

First impressions count. So for the second attempt to sell this house, that meant cutting back a tree that clouded the front “hero” photograph. And it paid off.

Home buyers unfazed by rate hold as prices edge higher

The shock Reserve Bank decision to hold interest rates has not deterred buyers with clearance rates staying above 70 per cent for a fifth consecutive week.

Aaron and Jessica Nicholls recently purchased a property in Viewbank after a year-long search.

Home values on track to be 8 times the average Australian’s income

The dwelling value-to-income ratio of some major hubs is predicted to hit record levels by the end of 2026, widening the wealth gap even further.

Jonathan O’Brien advocated developments in his community, including the one behind him

US tech billionaires fund Australian YIMBY battle

An Australian group has secured funding from some of the world’s biggest tech billionaires in their fight for more housing.

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“Linden Hall” in Robertson, NSW.

Southern Highlands trophy home in new hands with $26m price tag

A 2000 square-metre mansion in the lavish Southern Highlands has sold, more than doubling the residential price record of the town of Robertson.

Architect Nick McKimm in his Brighton home in Melbourne.

Where you can and can’t install a $7000 skylight

While the traditional light well with polycarbonate sheet still has a place, skylights have gone upmarket. But you need to know how to use them.

Slowing rental growth could have impacts for RBA policy.

Rental growth slump could impact RBA policy: analyst

Capital city rental growth has slowed or stalled in most capital cities. It could be another factor that pushes the RBA to lower rates.

Brunswick and Co

Aware Super doubles down on rentals in $285m bid for tower

Build-to-rent assets continue a hot run as Aware partners with Barings to try and nab a $285 million tower with subsidy backing from the state government.

Rate hold ‘scary’ for Melbourne mother selling family home

Mother of three Kristy Duke is disappointed by Tuesday’s cash rate decision. Analysts expect it will blunt some of the energy in the housing recovery.

Brisbane is now the most expensive city to build in Australia.

The most expensive city for building is getting pricier

Brisbane’s big infrastructure program is putting pressure on construction costs. It will only get worse as the state prepares for the 2032 Olympics.

The three-bedroom brick house on 930 square metres at 35 Hill Street in north-eastern Adelaide’s Campbelltown sold at auction for $1.825 million.

Rate cut drives $1.8m sale in a ‘great-ish’ area

A developer bought this site with good potential. But they were chased up the price range by an eager owner-occupier.

‘The horse is about to bolt’: Auctions boom as rates fall

Buoyed by two interest rates so far this year, with a third looming this week, buyers have pushed clearance rates above 70 per cent for the past four weeks.

Bridgit McAteer and Mark Fishlock in their Adelaide home.

Renovators’ return: How to maximise property value in 2025

Home renovations are starting to make a comeback as building costs stabilise and economists tip the return of property fever.

Toorak wellness house sells with feng shui approval after asking $39m

An award-winning mansion designed for healthy living has sold in a deal that involved multiple time zones.

Original URL: https://www.afr.com/property/residential