Aussies reluctant to give up personal space
Empty bedrooms could be used to address Australia's housing shortage.
Empty bedrooms could be used to address Australia's housing shortage.
The site of a mini suburb in South Melbourne has quadrupled in value in just over three years after being sold by developer Bill McNee for about $41 million.
House prices are predicted to climb even higher in Sydney and Melbourne in 2017, albeit at a slower pace than last year.
Its shares have slumped 60 pct over the past year following a dismal sharemarket float. But are its shares worth a punt?
Auscap Asset Management says the assumption that favourable conditions will continue in Australia's property market carries considerable risk.
Cheryl Oprandi is a Property Consultant with www.sellleaseproperty.com.au
Ardent Leisure took a $6 million hit to ticket sales in December when it reopened Dreamworld after four people died on one of the Gold Coast theme park's rides.
More than one-third of the cranes hovering over apartment building sites in Australian cities are in neighbourhoods banks have "blacklisted" as lending problem spots.
Global online giant Amazon has released sales data from the 2016 holiday season and the numbers and types of items bought will sober up any retailer who ate their aunt's Christmas sherry trifle.
The hotel sector is preparing for a busy few years with the construction of new sites and the increased demand.
It is important to keep tenants happy, particularly when new buildings come on stream in the next few years, according to tenant representatives.
Case thrown out after court finds ASIC's expert witness gave testimony that was "preposterous" and displayed "partisanship".
In one of the last big deals for the year, good mates and businessmen, Geoff Dixon and John Singleton have sold three iconic Sydney pubs.
Hospitality giants Matt Moran and Bruce Solomon's joint venture group, Solotel, has expanded its footprint across town with the purchase of the prized hotel in Sydney's eastern suburbs.
Australian lifestyle brand Oroton has expanded its operations with the opening of a new boutique at Sydney Airport's T1 International terminal.
What an amazing difference 19 months can make for parliamentary inquiries into housing affordability and ownership.
Walker Corporation and liquor group Kemenys have teamed up in a joint venture to develop $1 billion of mixed-use residential developments on three Kemenys-owned sites in Sydney.
The revamp of Darling Harbour will now include a new 44-storey office tower on the waterfront, at Darling Park towers.
Perron Group has bought a stake in Westfield Woden.
Office towers, pubs, agriculture and healthcare investments took out line honours in the 22nd BDO Australian real estate investment trust survey.
The strength of bricks and mortar assets is forecast to remain strong as investors seek out less volatile sectors, according to the latest Australian Property Institute's (API's) Property Directions Survey.
The headquarters of Wesfarmers-owned Bunnings Warehouse has sold for $24.7 million as wealthy investors and syndicates move on mid-range assets before the end of the year.
Retail property is one of the hottest sectors in demand from investors as they seek put higher yielding assets that are benefiting from an improvement in consumer sentiment.
Lucky numbers sell. Seven bidders – including five Chinese parties – vied for a 3000 sq m development landholding at 15-17 Herlihys Road before the hammer fell at $4,888,888.
The reopening of the Dreamworld theme park on the Gold Coast, called "Open Hearts-Open Doors" on the weekend helped raise $157,225, which will be given to the Red Cross.
Dreamworld and WhiteWater World theme parks on the Gold Coast will throw open their doors on Saturday following the tragic accident on October 25.
Shopping malls will be front and centre for the next two weeks as shoppers head in for the festive season.
A slither of Japanese culture has arrived in Toorak Road, South Yarra. Monolab, a Japanese gallery-like store, showcases the work of artisans and manufacturers working in a number of regions throughout Japan.
ANZ Bank has followed rivals in pushing up variable interest rates for property investors, blaming higher funding costs and its obligations to regulators.
The Sydney skyline is set to be transformed with the development of the new $500 million Ritz-Carlton hotel, including apartments and an updated restaurant strip at Pyrmont, as part of the Star Entertainment group's renovation of the city's main casino as it prepares to take on James Packer's Crown resort at Barangaroo.
Former small business minister Bruce Billson is excited by female entrepreneurship in export.
Sydney and Melbourne CBDs are losing ground to the outer suburbs when it comes to commerce.
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