Will home prices crash in 2017? The economists verdict
Australia's property prices are likely to keep rising this year before slowly losing momentum and going backwards.
Property
Brisbane office vacancy rates improve, despite addition of 1 William Street
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.
Staff need preparation for new workplace strategies
The workplace is evolving, and encouraging change among your workforce can be as challenging as it can be rewarding.
Port Melbourne site fetches $27.5m from developer
A consortium of lucky high-net-worth investors has more than doubled its outlay in three years, offloading a prominent Fishermans Bend site to a local developer for $27.5 million.
National office vacancy inches ahead with new developments
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.
Investors heading into bricks and mortar with gusto
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.
Taxpayers recoup $1.18m from $1.1b East West Link mess
This cute Victorian-style cottage represents the final chapter in a messy political brawl that cost taxpayers $1.1 billion.
Hobart steals property crown from Sydney, Melbourne
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 at all-time highs
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.
Billionaire halves tower height in controversial Preston Market redevelopment
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.
Cleanaway sell tip sites in west for $22m
Waste management giant Cleanaway has sold two landfill sites in Melbourne's west for up to $22 million.
Office leasing markets in a busy start to year
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.
Sentinel sells Hunter Supa Centre for $42m
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 hipsters targeted by developers
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 expands footprint at $430m Docklands tower
ANZ Bank and Lendlease have signed an agreement at the new 839 Collins Street tower, in the bustling Docklands precinct.
Chinese dominate in tourism investment
The rapid rise in the number of Chinese tourists visiting Australia – predicted to
Strata yields sharpen on investor appetite
Demand for strata office investments has pushed yields to record sub-5 per cent levels in Melbourne's CBD.
Fresh plans for St Kilda Novotel hotel site
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 giants fighting for CBD real estate
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 site sales reach $2.5b with more to come
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.
Tentacle tower trumped, replaced with 'polite' building
One of Melbourne's largest and busiest intersections has been saved from an imposing, alien-like tower – just.
Evergreen banks $24.4m from South Melbourne office
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.
Bush setting a model for school classrooms
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.
Pub sector in for another bonanza year
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.
Australia should be learning from the likes of Singapore and Shanghai, not Sweden
It is the Asian Tiger cities that Australian cities need to understand and learn from.
Investors tipped to pump $30b-plus into bricks and mortar in 2017
The new year has started with a bang, with big sales being promoted as investors circle the higher-yielding bricks and mortar.
Leasing Ladder
CHATSWOODÂ $182.82 sq m net.
Aussies reluctant to give up personal space
Empty bedrooms could be used to address Australia's housing shortage.
Developer McNee makes a $30m killing on South Melbourne apartments site
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.
Sydney, Melbourne house price growth to continue: NAB
House prices are predicted to climb even higher in Sydney and Melbourne in 2017, albeit at a slower pace than last year.
Small Business
Telstra outage stings small businesses for 'thousands'
Telstra small business customers are counting the cost of the Telstra outage which continues to affect some businesses.
Should start-ups be paid to move location?
Competition for new venture HQs will get fiercer as governments recognise the value of entrepreneurship ecosystems.