Today
Why rents and vacancy rates are both falling
Tight rental vacancies typically fuel strong rental increases, but not in the current market.
- Nila Sweeney
This Month
The suburbs where house prices slumped by up to $288k in three months
The pressures of high interest rates and poor affordability triggered a decline in median house values in some of the country’s most expensive markets.
- Nila Sweeney
High rates, low confidence - and tax cloud - hit housing pipeline
Australia’s need for new housing is intense, but in a market where feasibilities are “challenging”, that’s not translating into new homes.
- Michael Bleby and Nila Sweeney
Sydney’s home values on course to fall in the coming months
The sharp rise in listings along with high interest rates and worsening housing affordability has slowed price growth across the board.
- Nila Sweeney
September
Sumitomo Forestry to pay $115m for majority stake in Metricon
The home-builder deal is the latest by a Japanese property company looking to offset the effects of a shrinking population at home.
- Michael Bleby
Riskiest real estate bonds are beating Nvidia’s returns
It’s a turnaround few could have predicted when landlords around the world were creaking under the weight of higher interest rates and changing work habits.
- Tasos Vossos
- Exclusive
- Negative gearing
Labor members want negative gearing changes in ambitious housing plan
Labor for Housing, a national group of members, wants Labor to adopt an 80 per cent homeownership target by 2040.
- Ronald Mizen
- Exclusive
- Negative gearing
These Australians are most likely to negatively gear their properties
With an average total income of $480,000, surgeons are Australia’s highest-paid professionals and the most likely workers to use negative gearing.
- Michael Read
ACCC green light for $1.3b Lendlease, Stockland estates deal
The divestment is one of a number of major initiatives that Lendlease boss Tony Lombardo is pursuing in a radical overhaul of the global developer.
- Nick Lenaghan
These newly minted million-dollar suburbs are breaking records
More neighbourhoods are poised to cross the seven-figure median milestone in the coming months as prices continue to rise.
- Nila Sweeney
PM yet to be convinced housing tax changes won’t hurt supply
The prime minister says Treasury is looking at ways to curb the use of negative gearing and capital gains tax, but it wasn’t his idea.
- Phillip Coorey
A quick guide to the politics of housing tax breaks
Anthony Albanese won’t be the last political leader to mull changes to negative gearing and the capital gains tax discount, and he certainly is not the first.
- Tom McIlroy
‘Paying whatever it takes’: Prestige home prices jump 20pc a year in this city
International and east coast buyers are helping fuel a price boom in Perth’s most sought after luxury coastal and riverside properties.
- Tom Rabe
Albanese confirms negative gearing and CGT options under review
The prime minister says Treasury is looking at ways to curb their use, but refused to say whether it is at the federal government’s request.
- Phillip Coorey
RBA decision to hold on rates won’t help home buyers: experts
The housing market won’t get much of a boost from the RBA’s decision to keep rates steady, although some investors may be willing to jump in early.
- Nila Sweeney
Cheap no more: where the buyer rush has blunted home affordability
Housing affordability has worsened sharply in some of the country’s cheaper areas amid strong demand.
- Nila Sweeney
- Exclusive
- Hotels
Hospitality empire on brink as Adelphi Hotel put in administration
Virtical group, which exploded on to the Sydney and Melbourne pub scene last year, has lost control of its two biggest assets.
- Max Mason and David Marin-Guzman
Where sellers scored a $600,000 profit flipping houses
Houses around the country sold within two to four years of purchase rewarded sellers with handy solid profits, according to CoreLogic.
- Nila Sweeney
- Exclusive
- Pubs
Republic Hotel goes into administration as financiers chase $90m
Financiers have given embattled hospitality group Virtical one month to pay $90 million in loans.
- David Marin-Guzman and Max Mason
Build-to-rent units to dominate this major city in three years
Build-to-rent apartments will overtake the supply of build-to-sell apartments in the next three years amid rising construction costs, according to Charter Keck Cramer.
- Nila Sweeney