Brisbane's record office vacancy rates have improved, despite the introduction of major new commercial buildings in the CBD, a new Property Council of Australia report has found.
National office markets saw an average marginal lift in vacancy rates as new properties opened the doors, but the rate of growth is very small and predictions are that demand will again outstrip supply in the year ahead.
The predicted push into higher-yielding assets has started with gusto as a number of key properties are being set up for sale across the Sydney city precinct.
This cute Victorian-style cottage represents the final chapter in a messy political brawl that cost taxpayers $1.1 billion.
Hobart's property market experienced a growth spurt in the last three months, with house prices in the Tasmanian capital posting a bigger quarterly rise than all other capital cities.
Australian commercial property values reached an all-time high by the end of 2016, out-pacing the levels achieved in 2007 on the eve of the global financial crisis.
Sam Tarascio – who is worth just over $1 billion according the 2016 BRW 200 Rich List - has surprised planners and real estate agents by substantially slicing the maximum height of apartment buildings within a controversial Preston Market redevelopment in Melbourne's north.
Waste management giant Cleanaway has sold two landfill sites in Melbourne's west for up to $22 million.
Global co-workspace provider WeWork will become a key anchor tenant at 333 George Street, Sydney, which is owned by the Charter Hall Group's Prime Office Fund.
Retail investment properties are gaining traction as one of the hottest sectors with sales of more than $100 million completed in the first two weeks of 2017 and more are on the cards.
Sydney Road's potential for redevelopment is attracting investors. Two single storey showrooms/warehouses at 775-781 Sydney Road sold for $6,41 million.
ANZ Bank and Lendlease have signed an agreement at the new 839 Collins Street tower, in the bustling Docklands precinct.
The rapid rise in the number of Chinese tourists visiting Australia – predicted to
Demand for strata office investments has pushed yields to record sub-5 per cent levels in Melbourne's CBD.
One of Melbourne's most historically significant sites – where the St Moritz ice skating rink stood for decades – could make way for a luxury nine-level apartment complex under new plans lodged by Sydney developer and hospitality investor Greg Shand.
Fast food restaurant Hungry Jacks will open another city store in Elizabeth Street after two of its Swanston Street stores were earmarked for demolition.
Development sites are the target for small to medium-sized investors as they seek out higher returning assets at a time of record low interest rates.
One of Melbourne's largest and busiest intersections has been saved from an imposing, alien-like tower – just.
A Malaysian investor has paid $24.4 million – reflecting an incredibly low yield of 1.97 per cent – for a six-level office building at the northern end of Albert Park Lake.
Woodleigh School in Langwarrin isn't typical. There are classrooms and generous grounds, but the bush-building model for it was established as far back as the 1970s.
The hot pub sector has started the new year at the same elevated level of activity that characterised the past 12 months, when well over $800 million worth of assets changed hands.
It is the Asian Tiger cities that Australian cities need to understand and learn from.
The new year has started with a bang, with big sales being promoted as investors circle the higher-yielding bricks and mortar.
CHATSWOOD $182.82 sq m net.
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
In a battered, dirty shopfront in St Kilda, Hari Shotham thinks he's found the future of Australian retail. An unstaffed shop full of vending machines.
Chances are you do if you're starting a fundraising campaign and you've never come across one.
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