‘Ridiculously ambitious prices’ sought for Tassie’s lux properties
Luxury Tasmanian property were once the darling of the nation’s real estate sector, but now vendors are deeply discounting, leading to a slew of bargains.
Luxury Tasmanian property were once the darling of the nation’s real estate sector, but now vendors are deeply discounting, leading to a slew of bargains.
Sydney venture capitalist David Shein has invested nearly $5m in the Southern Highlands by snapping up a weekender as interest in Bowral real estate remains steady.
Sydney hotels have posted record high room rates, with New Year’s Eve punching above $775 per room and occupancies in December above their highest on record.
Property sales in the NSW Southern Highlands are still strong in the run-up to Christmas with Sydneysiders continuing to buy in, particularly at the upper end of the market.
One of the most expensive penthouses to hit the luxe Gold Coast market – in the $75m Emerson tower by Melbourne developer Hirsch and Faigen – is about to go on sale.
A sale would cap off a busy year for hospitality sales as the market recovers from the pandemic.
The latest addition to the burgeoning tourism empire of rich lister Chris Morris is the $20,000-plus a night Pelorus Private Island in north Queensland, which opens later this month.
Downsizers from Brisbane’s western suburbs are buying off-the-plan apartments in the $450m Monarch Residences ahead of its 2025 construction completion.
High-profile Brisbane property developer Don O’Rorke is renting out one of the Sunshine State’s most exclusive city apartments – a one-bedder in Queen Street’s Spire Residences.
Sydney’s billionaire Oatley family has withdrawn Hamilton Island from the market after failing to find a buyer willing to fork out $1bn for the iconic tourism asset.
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