Yesterday
The best (and worst) PMs in house price history, and what it tells you
Residential property values have surged almost five times as much under Coalition governments than Labor ones over the past 35 years. Here are the reasons.
This Month
Apartment prices in record jump to $19,000 per square metre
Australian housing is locked in a battle between affordability and viability of new projects and that means price tags have further to rise.
Crane index shows little sign of a building boom
While home-building activity picked up in one large city, the latest crane count paints the picture of a sluggish construction sector.
March
John Aloisi’s soccer team plays on despite ATO audit
The Tax Office has been revealed as the applicant trying to wind up the parent companies of Australia’s highest ranked A-League club Western United.
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.
This house sold for $4.2m – and then for $3.9m a week later
The first buyer of a luxury property – with a question mark hanging over it – ghosted the agent. That forced the vendor to set their sights lower.
Gentle pressure secures $19m Toorak sale
The first disclosed deal over $15 million in the city’s most expensive suburb this year suggests properties have started moving.
Tallest tower creditors vote for ‘shit sandwich’ proposal
Administrators of the entity managing the $2.7 billion project can now sell the project. But there’s another option for Beulah director Jiaheng Chan.
Little-known funder eyes Australia’s biggest residential project
Sydney-based Open Capital says it’s in talks to fund the full $2 billion cost of the troubled Sth Bnk development. But its source of funds isn’t clear.
Rate cut fails to lift market, clearances tack lower
The failure of buyers to pile into the market after February’s rate reduction tells the Reserve Bank it can cut again without triggering a housing boom, an economist says.
Accounts show billionaire Ed Craven’s private vehicle in revenue surge
The Stake.com co-founder’s Easygo Solutions also has hundreds of millions of dollars in cryptocurrency holdings, its financial statements show.
February
Former EL&C Baillieu rainmaker Stephen Macaw sells Brighton home
The corporate banker, who left his blue-blood Melbourne firm after publication of a number of secretly recorded conversations, has sold his Golden Mile pile.
Slater & Gordon email reveals CEO’s mansion excesses
Senior executives celebrated Christmas at the outer Melbourne mansion with a private chef last year.
Mornington mansion sells for $17m – but it’s not where you’d expect
An opulent Spanish-style mansion in Victoria has sold for a record price - but it’s not in Sorrento or Portsea.
Rate cut to boost buyer sentiment, but not house prices
The RBA’s decision to cut the interest rate is poised to stabilise home values in Sydney and Melbourne, but unlikely to spur a surge in prices.
Beulah to cut ‘hundreds of millions’ from tallest residential tower
The developer of Sth Bnk, to be the tallest apartment tower in Australia, aims to reduce its $2 billion construction bill, putting it in a tussle with authorities.
Healthcare billionaire doubles seaside spread
Businessman Dennis Bastas and wife Georgina will add the disputed Mornington Peninsula site to the adjacent lot they purchased in 2021 for $7.1 million.
Two-bedroom home jumps reserve by more than $1m as auctions pick up
The 2025 residential real estate market has kicked off stronger than expected, particularly in Sydney where buyers were out in numbers.
Ron ‘Mr Melbourne’ Walker’s clifftop beach house sells for $15m
The Sorrento getaway of the late businessman and former Liberal Party treasurer has a jetty attached – but that was excluded from the sale.