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NSW residential property

This Month

Low-profile Millennial sets north shore record with $42.75m home

A little-known 33-year-old has taken the keys to the most expensive home ever sold just north of the Harbour Bridge in Sydney.

April

The five-bedroom house on 638 square metres at 3 Ramsay Street in inner-eastern Sydney’s Haberfield sold at auction for $4.77 million.

Long settlement helps buyer spend $4.77m on home

Time is money in property and there’s a trick that upsizing buyers are playing that makes the vendor their financier.

Adam Hirst,  David Southon and Jason Goldsworthy from Novus.

Novus seeks $1b for Sydney Metro-adjacent build-to-rent projects

The group has hired Jarden and Cushman & Wakefield to oversee the international capital raising process.

House prices in every electorate in Melbourne fell since the last election.

The electorates where house prices rose (and fell) the most

One in 15 electorates jumped more than 30 per cent since May 2022, but values fell in 60 seats according to a new analysis.

House prices jumped to records across several affordable suburbs in Sydney’s outer ring areas over the past three months.

The suburbs where house prices hit records

Expectations of deeper rate cuts along with demand-boosting Labor and Coalition housing policies could spark a sharp increase in prices this year, say analysts.

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The newly built five-bedroom house at 11 Kent Court in Toorak advertised with a selling price of $18 million sold this week.

Housing market confidence follows financial markets down

Auction clearances took a dip across all capital cities as auction volumes surged. Economists are seeing parallels with 2008.

Average house prices surged 13.1 per cent a year in Howard’s 11 ½ years in power – far and away the biggest gain of any national leader in the past 35 years.

3 charts that show why housing is a key battleground for PMs

Residential property values have surged almost five times as much under Coalition governments than Labor ones over the past 35 years. Here are the reasons.

Simon Cohen, prestige buyers agent.

How ‘least likely to succeed’ Simon Cohen cracked the eastern suburbs

The real estate guru introduced a buyer’s advocacy model to Australia with a desk above a pub. Now he has 100 staff and offices across the country.

The Forest Lodge development in Warriewood consists of 14 townhouses and 66 apartments.

Metrics-funded Northern Beaches development heads for court

Street Talk understands Metrics briefly paused funding the Sam Mustaca-led residential development in Sydney’s Warriewood.

The Mosman home of Babak Moini on Balmoral slopes has been gutted and redesigned throughout.

Cosmetic king takes parting shot at Mosman as he sells pad for $14.6m

Laser Clinics co-founder Babak Moini sold his home in Sydney’s lower-north shore after almost a year-long campaign, opting to return to his Barangaroo apartment.

Lendlease CEO Tony Lombardo.

Lendlease faces $100m hit in Sydney land dispute

The setback at Figtree Hill comes as the ASX-listed developer, led by Tony Lombardo, presses ahead with a radical overhaul of its global business.

PE heavyweight buys fashionista’s $45m Bellevue Hill home

Private equity operative Nick Speer and his wife, Camilla, have purchased a Sydney mansion owned by fashion stylist and influencer Natalie Jacobson.

The loft-style apartment at 5/424-426 Cleveland Street had its own entrance and mini terrace.

Vendor takes $33k hit from levies, but makes it up in sale price

A seller wanted $680,000 for her flat. But when she offered to pay special strata fees needed for the building, she raked in $716,000 from the new competition.

Former Dexus executive sells $23m Sydney mansion

One of Darling Point’s most beautiful homes, landmark mansion Kardinia, has sold in an off-market deal.

The construction site at 1167-1193 High Street in Armadale, where two new cranes have gone up over the past six months.

Crane index shows little sign of a building boom

While home-building activity picked up in one large city, the latest crane count paints the picture of a sluggish construction sector.

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March

Sydney’s $40m-plus trophy deals defy pre-election trend

A string of top-end home sales in the eastern suburbs flies in the face of the usual market lull before polling day.

Sydney’s affluent eastern suburbs are now among the most favourable housing markets for deep-pocketed buyers after prices fell as much as 13 per cent in the past year.

Wealthy suburbs turn to buyers’ markets as house prices slump

Deep-pocketed home buyers could land discounted houses in the country’s most expensive markets where prices have fallen over the past 12 months.

Where coastal property prices are hot

Despite an initial pullback in demand following severe storms or cyclones, house prices along the coast can show remarkable growth over the long term.

Lendlease CEO Tony Lombardo sells $13m Elizabeth Bay mansion

The head of the property giant and his wife, lawyer May Chen, have sold their historic home after a seven-month campaign.

Medico buys Packer’s $27.5m Sydney penthouse

Histopath founder Dr Chris Douglas has taken the keys to Francesca Packer-Barham’s luxury apartment within the Harry Seidler-designed Horizon tower.

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