Stamp duty, furniture: Melbourne units come with free extras
A mystery shopping trip to buy an apartment has uncovered a top tier developer offering a whopping $59,400 discount on a $495,000 apartment, about 12 per cent of the purchase price.
Property
Iris Capital, Gallagher Hotel snap up hotels
In the biggest pub sale this year, Iris Capital and Gallagher Hotel Management have bought two key Sydney hotels in Hurstville, with a combined value of $65 million,
There's a new food store coming called David Jones
Upmarket David Jones is undertaking a $100 million upgrade of its food business over the next three years, which will include the roll-out of stand-alone branded convenience stores.
Nurses win right to go up in St Kilda
The Royal District Nursing Service is the latest organisation to turn their hand to property development, one of Melbourne's favourite pastimes.
UIM profits selling $20.5m Mount Waverley investment after two years
A Paragon Financial Group investment arm, United Investment Management, has sold a Mount Waverley office for $20.5 million – a substantial rise on the $16 million price it paid in mid-2015.
Dexus cements top landlord status with MLC Centre purchase
Dexus Property has bolstered its stranglehold as the nation's biggest office landlord.
AMP Capital signs Electrolux at Crossroads
AMP Capital has announced the appliance group, Electrolux, will take a 10-year lease at its $130 million Crossroads Logistics Centre.
MLC Centre stars in $1.1 billion buying spree
The Sydney landmark is at the heart of a $1.1 billion buying spree unveiled by listed property giant Dexus on Wednesday.
Dexus reveals strong increase in valuations
Dexus Property says the strength of the national office market and rising land values have resulted in a $636 million, or 5.9 per cent, increase on prior book values.
Forever 21 fashion group feels the cold shoulder of shoppers
Fast fashion group, Forever 21, is the latest international retailer to face pressure from lacklustre consumer demand
Pixel chief amasses freeway entrance site in government property sell-off
Technology entrepreneur and inventor Eral Aykutyan has amassed a 2237 square metre super site in Clifton Hill at the entrance to the Eastern Freeway.
Chinese investors go on property shopping spree
Chinese investors have shown confidence in Melbourne's retail market, snapping up three assets for a combined $6,848,000.
$1.5b Circular Quay tower moves step closer
Lendlease has started the process to construct a new $1.5 billion tower at Circular Quay, Sydney, with the appointment of architects Foster + Partners.
Property prices in capital cities tick up
Property prices have ticked slightly higher across most of Australia's capital cities, although the auction clearance rate has stayed below 70 per cent.
Warehouse property sale tipped to reap $34 million
Rising demand for warehouse and distribution space- boosted by the pending arrival of online giant Amazon - has see a rise in industrial land values which has prompted asset sales.
With houses out of reach, fancy a unit as big as a car?
In Hong Kong, where housing is even more expensive than in Sydney, micro-apartments are booming.
Collins Street's top towers turf the lobby and let in luxury
The cold stone corporate lobbies in Collins Street's top towers are being cleaned out and high-end retailers are moving in.
Investors target suburban offices
Suburban offices have become prime investment targets as falling vacancies and rising rents attract more investors to the sector.
Ariadne sets date for Ardent showdown
Corporate raider Ariadne Australia is to have its showdown with Ardent Leisure at an extraordinary general meeting on September 4, in Sydney.
Celtic Club reborn as Paragon
The $200 million Fender-Katsalidis tower set for the Celtic Club site on Queen Street has almost sold out before a public sales campaign even started.
Man caves spread across Sydney, Melbourne
What do you do with the toys in your garage when you downsize? You buy a "man cave".
Retail facing toughest time in many years, operators warn
Retail operators have said the sector is facing some of the toughest times in many years.
Strata law reforms open flood gates for savvy home owners
Owners of commercial and residential strata properties are preparing for a wave of sales under the December 2016 strata law reform legislation
City fringe office and residential sites are top of the list
Investor demand for quality and higher yielding assets has seen a rise in offerings of properties, ranging from offices to townhouse developments.
Sydney industrial rents hit 20-year high growth rate
Rising land values and increased demand for warehouses from online importers has led to average face rents in Sydney's industrial market growing by 2.09 per cent in the first quarter of 2017.
Yields dive as strata shops snapped up
A string of retail deals in Melbourne's CBD has driven yields to ever sharper returns, even as rents have started to flag.
Sale-and-leaseback deal reaps Asaleo Care $22.4m from Perpetual
Toilet paper and feminine hygiene product manufacturing giant Asaleo Care is banking $22.4 million selling a Springvale industrial asset with a leaseback to Perpetual, a Sydney based institutional investor.
The changing face of Sydney’s industrial landscape
Now more than ever, the lack of quality industrial land in Sydney and rising land prices is placing pressure on the industrial property market to reinvent the asset class.
Goodman may need new tenant in Pyrmont
Landlord Goodman Group may have to start looking for a new tenant at its Pyrmont site in City West Office Park.
Small Business
Unemployment in men wreaks havoc on their female partners
Long-term unemployment can be a debilitating experience for the entire household.
Why would anyone download Spinder: a dating app for spiders?
Australian universities are battling it out to ensure their students don't miss out on "innovation culture", with start-ups feeding in and out of the tertiary ecosystem.