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Residential property

This Month

ACCC commissioner Liza Carver.

ACCC uses land grab to put new property prices under microscope

Two big property groups trying to trade 12 would-be housing estates have caught the regulator’s eye.

  • Anthony Macdonald
The Cherry Tree Inn B&B in Woodstock, Illinois was used as the setting for the 1993 fantasy romcom Groundhog Day,

‘I got a six-figure rent’: The benefits of owning a famous building

A piece of cultural history, such as a property that appeared in the films “Groundhog Day” or “Atonement”, can help pay bills – and bring unexpected visitors.

  • Etan Smallman

Cars, boats and houses won’t make you happy, says this Rich Lister

Property developer Paul Blackburne landed on the Rich List with an estimated $536 million fortune. There’s a success trap entrepreneurs need to be mindful of, he says.

  • Julie-anne Sprague

June

Hirsch & Faigen’s off-the-plan project at Mermaid Beach, Queensland, is one of the developments on the Coposit platform.

Property payment fintech Coposit taps Ad Astra for a $10m fundraise

The platform allows buyers to pick up an off-the-plan property for $10,000, saving for the remainder of the deposit during the construction in instalments.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
A house for sale in an area of Washington. First home buyers now account for just 30 per cent of purchases in the US, down from 50 per cent 10 years ago.

Australians aren’t alone in their housing pain

Affordability and supply have become big issues in the US as immigration and high interest rates further strain the market – a scenario all too familiar in Australia.

  • Matthew Cranston
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CBA’s Mike Vacy-Lyle laid down his plan to beat NAB a year ago. Now he’s taking aim at Macquarie.

CBA has fighting words as it prepares to get one back at Macquarie

Commonwealth Bank’s move to chase $20 billion in real estate agents’ bank accounts seems bitsy, until you realise who it is going after.

  • Anthony Macdonald
House prices are up strongly across the globe, not just in Australia.

Why house prices are surging once again around the world

In Australia, the US and parts of Europe, property markets have shrugged off higher interest rates to post strong gains – and there’s likely more to come.

  • The Economist
Property buying and selling intentions are at multi-year lows.

‘Eyes wide open’: How to ride the private credit boom

Private credit for commercial real estate has never been stronger. It’s also running into trouble. “All of us need to be eyes wide open and alert. It is real estate and it is credit. Let’s not misprice the risks.”

  • Robert Harley

May

Only a few years ago it was all systems go for Lendlease CEO Tony Lombardo in Britain.

How Lendlease yanked the handbrake in Britain

The developer whipped up a $58 billion pipeline in barely a decade. As it goes into reverse, Australia’s super funds could be waiting in the wings.

  • Hans van Leeuwen
An extra $16.5 billion will be spent on road and rail projects.

How to buy property that cashes in on the ‘big build’

Being located within 1.6 kilometres of a hospital or major activity centre increases prices by an average of 1 per cent.

  • Richard Wakelin
Mortgage brokers are winning the home loan war.

Inside the unstoppable rise of Australia’s mortgage brokers

They’re wealthy, brash and eating the banks’ lunch. Meet the millionaire mortgage brokers taking on the major lenders and – for now – winning.

  • Karen Maley

CBA to accept $10k deposits to speed up off-the-plan construction

Commonwealth Bank will allow $10,000 deposits to be viewed as 10 per cent deposits on certain projects to make it easier for developers to get construction financing.

  • Campbell Kwan
The housing crisis will be with us for some time, the RBA says.

Dutton wants a housing election. This could get nasty

As the RBA says, there are no quick fixes to the residential property crisis. But that won’t stop Peter Dutton trying before the next election.

  • Updated
  • James Thomson

Perth property ‘went nuts’, but these sisters managed to get in first

Jennifer and Maxine Gamble are sisters who have bought a house together to future-proof aged care issues that might arise in the future for them.

  • Campbell Kwan
Artist’s impression of Jinding’s 550 lot Broadstead housing estate in Kilmore.

Jinding’s funds management team strikes out on its own

The rebranded group will run as an alternative fund manager and continue to invest in Jinding’s $2 billion pipeline.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Angus Thomsen, 30, has given up on his dream of owning a house despite earning more than $200,000 a year as an Atlassian software engineer.

Housing investment to leap but will it help this engineer buy a house?

After three years of falling or stagnating dwelling activity, Treasury expects a 6.5 per cent rise in 2026. The property sector has been more pessimistic.

  • Campbell Kwan
The Killara Golf Club has sold the four-bedroom home next door to its course for $3.95 million, $700,000 above its reserve.

Killara Golf Club’s greenkeeper house sells for $700,000 above reserve

Auction clearance rates fell at the weekend as buyers grow cautious from interest rates staying higher for longer, but well-located properties remain popular.

  • Campbell Kwan
An international report has warned ill-gotten money from Cambodia is being laundered via Australian property.

Labor steps up fight to stop dirty money from buying homes

Proposed anti-money laundering rules will rope in real estate agents and lawyers, amid concerns Australia could become a destination for dirty cash.

  • Campbell Kwan
Ownership of foreign-funded build-to-rent property should revert to Australian citizens after 15 years.

Foreign-funded properties should revert to Australian ownership

Readers’ letters on the need for time limits on foreign ownership of build-to-rent housing; the potential of wind power; men and gendered violence; reforming negative gearing; and Australia’s most stylish leaders.

Kristen Kubank with one of her sons Angus, in front of her new investment property that she bought for her kids to rent

How this CFO landed on the perfect property to help her adult children

Kristen Kubank bought a townhouse to help her adult-aged children who have struggled to enter the property market despite having stable jobs.

  • Campbell Kwan

Original URL: https://www.afr.com/topic/residential-property-6fuo