The ‘outlandish’ property schemes hurting homebuyers
A new generation of property buyers risks paying too much for a first home as state government incentives, described by some as ‘outlandish’, hit the market.
Property
Latest in property
Inside Ikea’s retail expansion plans, green energy push
The Swedish furniture chain has big plans after buying its Perth store and could roll out solar panels and EV chargers in other locations.
Hotelier wins as tourists switch from US to Europe
While flight paths get back normal after days of conflict, a more lasting shift is taking place in where tourists choose to holiday in luxury.
Buyers see a ‘rare window of opportunity’ in Sydney’s prestige market
Many are lining up to take advantage of a spate of high-end properties opening up along coveted coastal suburbs of Sydney.
Tycoon Andrew Roberts to get out of construction with $20m hit
A famed name is heading out of the building industry after pledging $20m to pay staff and make them whole following the collapse of his building company, Roberts Co.
Gateway on hunt for assets with new fund
After a stellar first fund, the industrial property funds house sees plenty more ways of making money, even as the cycle cools after values jumped during the pandemic.
Keppel eyes university campus buy
Education assets are continuing their hot run with Singaporean group Keppel setting the pace as it eyes a $70m acquisition in North Sydney.
Investors eye $300m slice of western suburbs retail gem
The availability of a 50 per cent stake in Bankstown Central shopping centre is timely, with the property set for a major overhaul in coming years.
Residential Property
What the inside of a home overlooking Sydney Harbour looks like
With views of the Opera House and Harbour Bridge, take an exclusive look at this city pad for a couple who like to come and go. It’s a perfectly redesigned urban sanctuary and home away from home.
Blue-chip suburbs are within reach — if you know where to look
House prices in some of the nation’s most expensive suburbs are lower than they were a year ago, creating a chance to buy into premium markets for less.
Can a boldly designed bedroom help you sleep better?
Minimalism is out, maximalism is in. Packed with personality, statement-making beds can transform even the most boring of bedrooms.
BESIX Watpac ranked Australia’s biggest builder
Australia’s construction industry is showing resilience as it is battered by large players going into administration and the scramble for labour as major infrastructure projects are undertaken around the country.
Billionaire buys Sydney’s iconic St Ives Shopping Village
Billionaire Sam Arnaout is expanding his holdings beyond pubs and hospitality with the purchase of the landmark St Ives Shopping Village on Sydney’s North Shore for $450m.
Australian data centre market world’s second hottest
Australia has become the second hottest data centre investment market in the world, with the global industry projected to reach $US4 trillion ($6.7 trillion) in value by 2030.
Super funds land heavyweight support for Melbourne airport battle
The owners of Melbourne airport are trading legal salvos with the property company that handles their accounts stepping up to protect its clients.
Australia’s most clicked-on mansion is on track to break a price record
Plus, the luxury homes standing head and shoulders above the rest when it comes to online clicks. See the full list.
‘Dopamine decor’ that can actually change your mood
A new luxury interior design approach is said to transform spaces into an oasis of wellbeing. But will it really make you happier?
Palm Springs meets Noosa
This striking four-bedroom home in Noosa is next to a private beach, and a walk from Hastings Street. Price, $14.5 million-plus.
Chalmers tipped to target capital gains tax
Property investors are already making widespread losses with inner-city apartments, now further tax pain is on the agenda.
Packer group backs luxe $100m Melbourne development
The $100m Maleela Rise in Melbourne’s east will consist of 31 large apartments and include a Club Lounge and wellness retreat.
Fire destroys $20m mansion in Toorak
Flames could be seen from neighbouring properties as the massive fire tore through the two-storey mansion in the upmarket Melbourne suburb on one of the city’s swankiest streets.
Sydney’s Elaine estate gets private credit transformation
The historic Sydney estate Elaine is being carved up for sale by developers starting at $50m apiece. Here’s who is behind the radical plan after the property was bought for $130m from Scott Farquhar, who never lived in the crumbling residence.
Who is the James Packer adviser who bought $80m Crown penthouse?
James Packer’s right hand man Lawrence Myers and his wife Sylvia have just listed their $90m Rose Bay property for sale, tipped to swap the five-bedroom home for Crown’s seven-bathroom luxury penthouse.
Investing in an apartment is a good way to lose money. Here’s why
Property investors with units in key areas of Melbourne and Sydney are selling for a loss, with some areas the worst since the deep recession of the 1990s.
Original URL: https://www.theaustralian.com.au/business/property