![Soaring housing costs are causing concern in NSW.](/web/20170324112253im_/http://www.smh.com.au/content/dam/images/g/p/d/2/g/o/image.related.wideLandscape.460x259.gv5ets.png/1490321483900.jpg)
Australian property 'cheap' for Chinese buyers
Australia's property market is booming but in the eyes of foreign buyers it is still relatively cheap, and a new Credit Suisse report shows demand remains strong.
Australia's property market is booming but in the eyes of foreign buyers it is still relatively cheap, and a new Credit Suisse report shows demand remains strong.
Changes to Victoria's stamp duty rules will add up to $29,000 to the cost of an inner-city apartment for investors and undermine future new housing development, analysis by Charter Keck Cramer suggests.
Receivers for the bank that financed Singapore's International Healthway Corporation's $28 million purchase of the Geelong Private Medical Centre three years ago have sold the regional property for a speculated $20 million.
Former prime minister Paul Keating has taken a financial stake and board position at property financiers MaxCap, a group leading the charge on super funds investing in lucrative commercial real estate lending.
Upmarket fashion retailer Scanlan & Theodore looks set to open a large store in Church Street Brighton after buying a double fronted shop for $8.37 million.
LOGOS Property has increased its footprint in the industrial property space with two new sites that have an end development value of about $60 million.
Premier Investments says high rents in the apparel sector must come down to reflect the challenges weighing on this retail segment.
Melbourne's vacancy rate tumbled to its lowest point in nearly 10 years even as regulators try to stem the pace of new residential development.
Investors are being tapped for about $40 million with the launch of a new fund by Folkestone and a capital raising by Villa World.
Developers are hunkering down as the housing sector faces a tsunami of warnings from regulators and banks.
A serviced apartment in Hawthorn has sold for $15 million to a first-time Chinese investor, underpinning continued offshore demand for commercial property.
A local investor has reaped a 35 per cent increase on two shops bought 15 months ago. The identical shops at 2A and 2B Milne Road transacted for $800,000 in late 2015 and sold again last week for $1.08 million.
Retail giant slams "slow process" to get SA liquor licence.
Australian property is expected to be a beneficiary of the lower for longer global interest rate environment as investor seek out stable, safe haven that bricks and mortar offe
The Bourke Street home of Society restaurant, in its heyday one of Melbourne's best eateries, has sold for $8.07 million.
Retail assets in Victoria have continued to strengthen with an IGA supermarket in Stawell changing hands for $5.11 million.
One of the country's biggest superannuation funds, Australian Super, is poised to intervene in the Australian property market, with more than $100 million allocated to fund individual projects.
Big gun shopping centres are now turning over an average $1 billion-plus in annual sales, putting paid to any concern than they are not relevant to consumers.
A Melbourne-based private investor has snapped up an existing KFC restaurant site in Tamworth for $4.47 million, reflecting a yield of 5.1 per cent.
Bernard's Magic Shop has performed its most astonishing act – disappearing, on its 80th year anniversary.
Small is beautiful for an increasing number of coffee purveyors converting unloved city spaces into thriving hole-in-the-wall cafes.
Flexible workspace provider, WOTSO, is expanding its offering to attract scale-ups and growth businesses with larger spaces of up to 500 square metres, catering to the middle ground between workspace users and commercial tenants.
New Premier Gladys Berejiklian has made housing affordability and housing supply as top priorities for her government with a focus on metropolitan Sydney.
SG Gaming Australia Property Pty Ltd has sold an industrial property at 13 Sheridan Close in Milperra for $5.7 million.
A half share in the tallest building in Sydney, the $1.1 billion MLC Centre, is up for grabs as co-owner QIC Global Real Estate looks to take advantage of the hot office market.
Web Dock West in the Port of Melbourne is a fairly harsh environment. Giant sheds and machines dot the concrete landscape, magnified by the lack of trees.
New home owners have been left in limbo after the collapse of a land developer in Melbourne's outer north-west.
Global advisory firm Accenture, has firmed as the anchor tenant for the Lendlease timber building, known as International House, being constructed at Sydney's Barangaroo.
Ratings agency Moody's Investor Services has warned that Chinese developers will face increasing competition after the Chinese government said it would fine-tune some measures to curtail price hikes in some cities.
Boutique Melbourne developer Third Street is taking the plunge and banking on home buyer interest in Melbourne's newly emerging Wirraway precinct, a former industrial area in Fishermans Bend.
Co-working grows up as WeWork launches in Australia.
The plan to release this data is a huge win for businesses that do the right thing and pay their bills.
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