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Sales

Yesterday

Family behind global furniture sensation buys $10.5m Sydney clifftop home

The Condos family of luxury furniture brand Harbour Outdoor pick up a second Maroubra house, while former Pendal CEO sells in Cremorne.

  • Bonnie Campbell

Architects buy Wesfarmers executive’s Cottesloe mansion

Wesfarmers heavyweight Ed Bostock has sold the family home in Cottesloe following his appointment as CFO of the conglomerate’s health division.

  • Bonnie Campbell

Stock picker takes Sunshine Beach spend to $46m

Wilson Asset Management founder Geoff Wilson and his wife, Karen Greer, have expanded their footprint in the area to three oceanfront properties.

  • Bonnie Campbell

This Month

Palm Beach trophy sale sets 2024 peninsula record

Frank and Amber Elsworth’s Karala estate has clocked the elite Sydney suburb’s most expensive deal of the year as the coastal market stays below its COVID-19 peak.

  • Bonnie Campbell

‘Insane’ mansion with Vestey family links hits market for $35m

A historic Perth mansion with links to Britain’s billionaire Vestey family has hit Western Australia’s prestige market with a guide of $35 million.

  • Bonnie Campbell
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Kevin Maloney on selling Segenhoe and bringing Kentucky to the Hunter

Kevin Maloney on why he’s selling elite equine stud Segenhoe, and why the Upper Hunter is ripe for Kentucky-style tourism.

  • Bonnie Campbell

Sydney home prices jumped 6pc, but one city achieved quadruple that

Residential property owners bagged the capital gains in the past 12 months despite higher interest rates.

  • Nila Sweeney

June

A crowd for the auction of 45 Ford St, North Ryde, on Saturday.

Property buyers spooked by talk of another rate rise

Fewer home buyers are willing to pay above the auction reserve and more buyers are pulling out on fears of another increase in interest rates.

  • Nila Sweeney

Late pub baron’s super chic apartment hits market for $19m-plus

The family of late Sydney hotelier Paul Irvin is selling his Darling Point apartment after a major designer overhaul revealed stunning harbour views.

  • Bonnie Campbell
Kurraba Point mansion with a price guide of $25 million.

Former Boral chief’s $25m waterfront mansion to smash suburb record

A sprawling property on Sydney’s lower north shore is expected to surpass the record sale price for Kurraba Point.

  • Bonnie Campbell

Mining technology entrepreneur buys $30m Noosa home

The purchase was the second highest in Queensland residential history, after Gina Rinehart paid $34m for an oceanfront property at nearby Sunshine Beach.

  • Bonnie Campbell
Another rate rise could dampen demand but not enough to drag house prices lower according to experts.

Home prices tipped to defy rising rates

The prospect of another rate rise is not enough to spark a decline in home values, but could mean prices increase more slowly.

  • Nila Sweeney
House sellers in Sydney’s Canada Bay and Ryde area pocketed more than $1million median gross profits amid strong demand.

The suburbs where sellers are amassing $1m+ profits

Houses delivered nearly three times as much profits as units, and vendors in some Sydney and Melbourne suburbs raked in more than $1million median gains.

  • Nila Sweeney

Property profits hit 14-year high

The share of profitable home sales would likely increase further in the June quarter as values continue to rise, CoreLogic says.

  • Nila Sweeney
The 810-square-metre corner site in an area with residential zoning for a 15-metre building at 11-13 Stevens Street in Gold Coast’s Southport sold by private treaty for $1.5 million. It was bought by the buyer of the neighbouring 15 Stevens Street site. 

The 10-minute, $1.5m sale that was an afterthought

An interstate buyer paid $835,000 for in investment block of land, sight unseen. When they did come to see it, they bought the neighbouring block, too.

  • Michael Bleby
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Aviation exec to sell Provence-style vineyard in the Adelaide Hills

A $7 million luxury vineyard escape has joined the Adelaide Hills market complete with ornamental lake and Provence-style homestead.

  • Bonnie Campbell

Rich Lister buys Manly’s most expensive home

Maas Group’s Wes Maas and his wife Emma have emerged as the buyers of Manly’s most expensive home for around $35 million.

  • Bonnie Campbell

Power couple creates Brisbane’s most expensive family compound

Prominent Brisbane couple Steve and Jane Wilson have bought the property next door to their recently restored landmark home Lamb House.

  • Bonnie Campbell

Sydney house prices tipped to rise 8pc to $1.76m median in 12 months

House prices across Sydney, Brisbane, Perth and Adelaide are predicted to hit records within 12 months, but Melbourne and Canberra will fall short, Domain says.

  • Nila Sweeney
Investor exodus from Melbourne gathered pace last month, triggered by a higher tax burden and weaker capital gains.

Investor exodus gathers pace in Melbourne and Sydney

Higher tax burdens and weaker capital gains are prompting a growing number of property investors to sell out of Melbourne and Sydney.

  • Nila Sweeney

Original URL: https://www.afr.com/topic/property-sales-hqd