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Property development

Today

NIMBY James Newbury in Brighton, Melbourne; YIMBY Jonathan O’Brien in Coburg, Melbourne; Woollahra mayor Sarah Dixson; YIMBY Travis Jordan in Stones Corner, Brisbane.

‘YIMBY is a misnomer. They haven’t got backyards’

Love thy neighbour as thyself. Unless they’re on the other side of a contested development application.

Yesterday

To truly address the housing crisis, we must move beyond slogans.

Rezoning won’t create affordable housing

Readers’ letters on the Liberals’ housing policy, the social media ban, why Arnott’s should be allowed to fail, political frippery and summing up Richo.

Gina Rinehart and an artist’s impression of Hancock Prospecting’s $270 million West Perth headquarters.

Billionaire Rinehart loses bid for helipad at pink-themed HQ

Perth’s city council has blocked plans to install a private helipad at the billionaire’s five-storey corporate headquarters.

This Month

First home buyers can afford only 12 per cent of homes in Australia compared to 30 per cent five years ago.

First home buyers can afford only 12pc of properties

The number of suburbs affordable to first home buyers has diminished considerably, but Australians aren’t giving up on the home ownership dream.

Wentworth Park Sporting Complex, and an illustration of a City of Sydney plan to transform the site.

Wentworth Park greyhound track to become green space for 2500 homes

NSW Premier Chris Minns will promise more homes after a warning from Sydney mayor Clover Moore not to backtrack on moving greyhound racing out of the precinct.

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Render of Pask Group’s planned Ocean Place luxury residential tower at 216 The Esplanade, Burleigh Heads, QLD

How developers are dodging Queensland’s skills shortage

A perfect storm of housing, infrastructure and Olympics construction demand is prompting projects to look beyond the Sunshine State’s borders for help.

Andrew Bragg, Shadow Minister for Housing & Homelessness.

‘NIMBYism is a cancer’: Bragg outlines Liberal housing policy vision

In a speech highlighting the Coalition’s housing plan, Andrew Bragg repudiates John Howard’s view that he has never met a person angry about their house price going up.

Wests Tigers’ tale of woe is a Sydney property disaster story

A forced merger, pokies, a casino, grand plans, NIMBY councillors and bad luck. The Wests Tigers’ travail is a property story through and through.

Tony Lombardo speaking at Lendlease’s AGM last month.

Lendlease faces $100m hit after losing Sydney land dispute

The developer has lost a court battle over its rights to farmland in Sydney’s south-west. The setback comes as it pursues a radical overhaul of its business.

Building and Plumbing Commission CEO Anna Cronin.

Builders, consumers get insurance overhaul after Porter Davis collapse

The need for a new domestic building cover scheme was laid bare by a damning report by Victoria’s Ombudsman over a string of failures after the 2023 insolvency.

Gina Rinehart (inset) with a concept drawing of Hancock Prospecting’s Roy Hill revamp in West Perth.

New home for Rinehart’s $10m helicopter hits turbulence

Gina Rinehart’s most senior lieutenant has led an 11th-hour bid to sway the City of Perth council to approve a helipad for her company’s new headquarters.

Big builds: New data centre projects are swelling the commercial construction pipeline in NSW.

NSW construction pipeline surges on data centres

The pick-up in new construction is not so much a boom of new work, but developers pushing ahead with projects they had delayed, new data shows.

Sydney’s affordability crisis pushes buyers west of the ‘Red Rooster line’

A grim picture emerges from analysis of where a couple on average incomes can affordably buy a house. Economists say entrenched NIMBYism is one cause.

Brisbane’s median house price has topped $1 million for the first time.

Brisbane’s median house price tops $1m

The Queensland capital has joined houses in Sydney and Canberra in the seven-digit club. Higher prices are driving housing investment, but not enough, economists say.

Chris Unger

Major pub owners in push to build apartments above venues

Long the heart of local community life, pubs and their prize real estate could also help ease the housing squeeze, say the nation’s biggest pub owners.

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The two-bedroom, one-bathroom unit at 1/7 Ormsby Grove in inner south-eastern Melbourne’s Toorak – one of eight units in a two-building complex – sold off-market for $1.175 million.

In an inline sale of 8 units, one vendor managed to get $50,000 extra

Multiple homes sold together can free up land for development and give all sellers more. But what happens when an owner holds out?

November

Greater Sydney: Residential land in the NSW capital rose 4.7 per cent in the year to June.

Sydney land values have jumped. Here’s how your suburb ranked

A year of “modest” increases goes into the mix for council rates and land tax calculations. But the devil is always in the detail for landowners.

Labor flags final 21,000-home push for affordable housing program

A third and final round of the federal government’s affordable housing plan opens in January. The ambitious program has been criticised for its slow rollout.

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Demographics means private school fees are destined to rise

Next year, the world’s two population megatrends are coming to a non-government school near you. And it’s going to cost you more.

Brook Monahan, the founder of and owner of Brisbane developer-builder Mosaic. 

Picture: Dan Peled

Australia needs 1.9m new homes now to make housing affordable: HIA

The requirement of an additional 16 per cent of existing residential stock shows the huge challenge facing the country to boost affordability.

Original URL: https://www.afr.com/topic/property-development-60u