April
Novus seeks $1b for Sydney Metro-adjacent build-to-rent projects
The group has hired Jarden and Cushman & Wakefield to oversee the international capital raising process.
The electorates where house prices rose (and fell) the most
One in 15 electorates jumped more than 30 per cent since May 2022, but values fell in 60 seats according to a new analysis.
The suburbs where house prices hit records
Expectations of deeper rate cuts along with demand-boosting Labor and Coalition housing policies could spark a sharp increase in prices this year, say analysts.
One-bedroom unit goes ‘well and truly over’ reserve for $670,000
A single-mum buyer got knocked out of the race for a two-bedroom apartment. But after refocusing on a smaller property, she put everything into securing it.
Housing market confidence follows financial markets down
Auction clearances took a dip across all capital cities as auction volumes surged. Economists are seeing parallels with 2008.
3 charts that show why housing is a key battleground for PMs
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.
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.