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NSW residential property

This Month

Jon Adgemis left KPMG to build a hospitality empire. It has since fallen into serious financial difficulty.

Jon Adgemis fails in bid to conceal bankruptcy pursuit over $26m debt

The former KPMG dealmaker turned publican had argued that revealing details of the dispute could cause the collapse of his troubled hospitality empire.

  • Primrose Riordan and Max Mason
The two-bedroom, apartment at 203/22 Birdwood Avenue in northern Sydney’s Lane Cove sold by private treaty for $1.4 million.

The buyers who saved money with a 5-day purchase

A downsizing couple was desperate to secure a new home and get simultaneous settlement. Then they found this apartment.

  • Michael Bleby

Two-bedroom home jumps reserve by more than $1m as auctions pick up

The 2025 residential real estate market has kicked off stronger than expected, particularly in Sydney where buyers were out in numbers.

  • Bonnie Campbell
Sluggish capital growth and falling rents are fuelling a burst of investor exodus in Melbourne and Sydney, new data from CoreLogic shows.

Landlords pull out of Melbourne, Sydney apartment markets

Poor capital growth and falling rents trigger another wave of investor selling across Melbourne and Sydney apartment markets.

  • Nila Sweeney
Chairman Rhett Simonds.

Home builders consolidate ahead of next bull run in housing demand

Big builders want to expand to shore up their position and boutique players will cater to wealthy buyers in a sector reeling after pandemic-era disruptions.

  • Michael Bleby
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Sydney auction clearances jump, defying slowdown expectations

There’s pent-up demand for housing, but even sales agents are cautious about the year to come.

  • Michael Bleby

January

Christian Cuneo in Mereweather Beach Newcastle.

Second wind for regional housing markets as exodus resumes

High costs of living and soaring house prices are fuelling another wave of regional migration, experts say.

  • Nila Sweeney
Andrew Charlton and Anthony Albanese were keen to spruik Labor’s plans to improve housing in Parramatta last week.

NIMBY or YIMBY? Andrew Charlton’s identity crisis

The federal MP, who owns several properties, is petitioning to stop development of 2500 new homes.

  • Hannah Wootton

David Droga’s ‘menacing’ Tamarama mansion gets court go-ahead

The Adman’s planning application triggered a battle for the 1101-square-metre site over what character housing should have in the prestigious area.

  • Michael Bleby
The 55-storey tower proposed for the corner of Sydney’s Hunter and Pitt streets.

Merricks’ flagship credit fund goes negative after Sydney CBD pain

Documents circulated to investors in the $1.2 billion vehicle noted there were four loans performing worse than expected amid a difficult office market.

  • Primrose Riordan
Gemi Investments specialises in lending to developers for commercial property projects.

$300m private credit fund blocks investor redemptions to preserve cash

Gemi Investments’ safest vehicle has lent about $300 million to commercial real estate projects, and backers say their money is stuck.

  • Primrose Riordan
Victoria has shed 20,000 properties from the state’s rental stock over 18 months.

Victoria loses 20,000 rental properties in 18 months

Investors selling in the short term is not likely to impact rents, but a longer-term reduction in the state’s available stock could.

  • Michael Bleby and Campbell Kwan

ResMed exec splashes $24m on Westfield heirs’ mansion

Justin Leong has taken the keys to the Bellevue Hill mansion sold by the daughters of late Westfield co-founder John Saunders.

  • Bonnie Campbell

Music pioneer smashes Bangalow record with $15m luxury farm purchase

Industry entrepreneur Tom Misner has returned to the Byron Bay hinterland picking up the sprawling 12-hectare retreat, Rockpool Farm.

  • Updated
  • Bonnie Campbell
Sydney’s six-year-high volume of listings indicates a weak autumn market, Domain says.

Sydney’s six-year high in listings points to weak autumn market

The tide has changed for choice and buyers in the country’s largest city have the upper hand – at least, until rates fall.

  • Michael Bleby
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A render of Han’s Group now-scrapped vision to turn 338 Pitt Street into two residential towers that overlook Hyde Park.

Metrics, Billbergia to develop $3b twin tower project in Sydney CBD

The non-bank lender has acquired 338 Pitt Street in a joint venture with developer Billbergia to build 600 luxury apartments.

  • Campbell Kwan
Ingenia Communities CEO John Carfi.

Ingenia announces profit upgrade – as the market gets worse

Investors responded positively to the developer’s turnaround efforts, pushing the shares up 15 per cent.

  • Michael Bleby
Ardenbraught was built in 1903 for barrister Cecil Stephen KC and converted into apartments in 2002.

Goldman Sachs banker sells grand Point Piper apartment for $13m

Brian and Evelyn Topper, of the AI Topper leather goods family, have been revealed as the buyers of Zac Fletcher’s harbour-view luxury pad.

  • Bonnie Campbell
Hayman House on Hayman Island, Queensland.

Eight of the best luxury Australian holiday homes for sale

AFR Weekend rounds up the most luxurious holiday properties on the prestige market – and their high-profile owners.

  • Bonnie Campbell
 MaxCap-backed Byron Plaza could be put up for sale after the collapse of its developer, Luxcon Group.

MaxCap investor groups face off over stalled Byron Bay project

The private credit firm is contemplating selling the development site in a move it has warned could mean one group of investors will end up losing its money.

  • Primrose Riordan

Original URL: https://www.afr.com/topic/nsw-residential-property-hvx