House prices up as record low mortgages buoy demand
Home prices rose overall in September as record-low mortgage rates kept demand strong in Melbourne and Sydney, though the performance of other cities was a lot more patchy.
Home prices rose overall in September as record-low mortgage rates kept demand strong in Melbourne and Sydney, though the performance of other cities was a lot more patchy.
A new roll-on roll-off automotive terminal in Australia's largest port boasts a 6 Star Green Star rating, a symbol of the shift towards more environmentally-friendly industrial facilities.
The Festival of the Boot, as the AFL and NRL grand finals weekend is dubbed by Roy and HG Nelson, is over, but its meant a lot of travel for fans.
My grandpop didn't talk much about his brief football career, but one story stands out.
Move from Canberra to Armidale 'crazy' says Labor, as property lobby accuses politicians of 'huffing and puffing'.
Sydney's skyline is set to have another 775 apartments in coming years following the lodgement of development plans by Lendlease for its Renzo Piano-designed residential towers at Barangaroo South, to be known as One Sydney Harbour.
It has been a very busy year for commercial property, being retail, industrial and offfice with more than $18 billion worth of assets changing hands as investors seek out higher yielding bricks and mortar.
Office landlords are in clover as the market supply comes under increasing pressure which has led to double-digit rental growth in the past year.
Demand is growing rapidly across the country for development sites being sold in one lot as residents can reap a higher return and the buyer gets a property without any strata issues.
The conversion of industrial land to residential and commercial has led investors to scour regions in the central south west of Sydney to get a foothold on land suitable for the fast-expanding logistics and warehouse sector.
The Swansea Hotel in NSW's Lake Macquarie region has sold for around $13 million to the Laundy Hotel group.
(Bloomberg) -- China is turning Japanese.
NORTH SYDNEY $520 sq m net.
Global listed real estate hasn't had the easiest start to 2016.
Former race car driver turned tyre king Bob Jane will soon be homeless, with creditors selling the 72.1 hectare Plumpton farm the businessman bought nearly 50 years ago, next to the Calder Park Raceway he also developed.
Initially built as a theatre, with a lantern-style roof that opened to the sky, the Lido Cinemas later became a pool hall, followed by a dance studio.
Amazon, the online retail giant, is looking for its first warehouse in Australia, with suggestions one site of interest is the Goodman Group's $50 million industrial estate at Oakdale, in Sydney's west.
iProsperity Group, an Australian-based advisory firm, has partnered with the China-based Bridge Capital, to buy the 333 Kent Street office tower for the symbolic price of $88,888,888 from Maville Bay Pty Ltd.
Charter Hall has launched its Long WALE REIT which will focus on high grade offices, valued at $1.12 billion and a forecast 2017 financial year annualised earnings and distribution yields of 5.3 per cent per security.
Centuria Property Funds has raised $43.9 million in the sale of its office property in Wollongong to a Melbourne-based funds management group.
China-based developer Hengyi has defied talk of a slowdown in Melbourne's apartment market, appointing builder Multiplex after pre-selling 95 per cent of its next 70-level tower.
The internet age and rising property values have caught up with Melbourne's last city-based adult cinema.
Laneways are still sought-after locations. A developer faced stiff competition at an auction for 22-24 Bennetts Lane before buying it for $2.3 million at a land rate of $15,333 per square metre.
A joint venture between listed developer Folkestone and Wilmac Properties has launched a $40 million business park in Nunawading just six months after buying the site.
HSBC says the "bottom line is that the weight of evidence suggests that there has been some cooling in the housing market".
A major shake-up is looming in the retail sector as the giant online retailer, Amazon, has its sights set on the Australia market with JB Hi-Fi and Gerry Harvey the ones with the most to fear.
Opportunity for development helped drive appetite for this shopping centre.
Demand for development sites has seen close to $50 million worth of commercial property transactions in South West Sydney change hands that will eventually pave the way for new properties over the next decade.
The Hotel Indigo brand will be the latest to seek out locations in Australia, to offer a different travel experience and take advantage of the under-supply of rooms, particularly along the eastern seaboard.
Investors in property are mirroring the "staycation" trend of the travel industry with capital outflow now far below a year ago, according to new data.
Small businesses may bear the brunt of South Australia's blackout.
People are motivated to help the environment if it doesn't cost them very much, finds this young entrepreneur.
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