Yesterday
The suburbs where house prices are rising (and falling) the most
House prices are climbing across more suburbs in Sydney and Melbourne as the recovery gathers steam.
This Month
‘Abandoned mansion’ sells for $26m, breaking suburb record
Retiring Sydney developer Oscar Gonzalez and his wife Maria have paid a suburb record of $26.1 million for an empty Hunters Hill mansion.
Home prices climb to record high
The February interest rate cut has revived confidence and boosted demand, despite only a small improvement in affordability.
March
Why a former Supreme Court judge is selling his Woollahra mansion
Retired Supreme Court judge Michael Pembroke and wife Gillian have brought forward plans to sell their Woollahra mansion of 30 years.
Housing market recovery gathers steam
With a helpful kick from the Reserve Bank’s first interest rate cut, Sydney and Melbourne house prices are climbing once again after modest recent declines.
‘Out of the ballpark’: Toorak knock-down resets land rate record
The home on exclusive cul-de-sac Kenley Court has sold at private auction, pushing the per-square-metre land rate record to $17,000.
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.
Bruce McWilliam buys the worst house in Bondi Beach
Former Channel Seven commercial director Bruce McWilliam has added a dilapidated ex hoarder’s house to his blue-chip property portfolio.
TV star Edwina Bartholomew swaps Woollahra unit for country project
The “Sunrise” presenter and her hotelier husband Neil Varcoe have listed their Sydney apartment to help fund a heritage project in Central West NSW.
Private equiteer’s $18m upsize kicks off trophy home reshuffle
Quadrant’s Alex Eady has upsized to a Centennial Park mansion, setting of a chain of high-end real estate deals.
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.
Controversial restaurateur Al Yazbek to sell Melbourne mansion
The co-founder of Nomad Group of restaurants and his wife Rebecca have listed their grand Albert Park home with approved renovation plans.
Bellevue Hill pair spend $45m to buy neighbour’s home
A low-key deal in Sydney’s east shows how far neighbours will go to get a larger slice of the salubrious suburb.
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.
Last quarter’s least and most profitable housing markets revealed
Home sellers racked up record profits in the December quarter, but apartments delivered losses for many owners in Melbourne and Sydney.
Vendors sweat on more rate cuts as clearance rates prove sticky
Sellers are hoping for more interest rate cuts to ramp up the auction market, where early clearance rates in Sydney and Melbourne hover around 70 per cent.
Bellevue Hill mansion sells for $50m amid trophy home comeback
Two speedy Bellevue Hill home sales totalling about $80 million reveal wealthy buyers are back and prepared to dig deep to secure blue-chip real estate.
Californian cannabis king lists $24m private Fijian island
There’s an opening in Fiji’s coveted private island market, with the listing of Vawa by American entrepreneur Barry Walker.