Today
- Exclusive
- Property development
Villawood swoops on Central Equity housing sites in $180m deal
The two Central Equity land parcels combined have the capacity to deliver about 2000 lots, with an end value of more than $600 million.
- Larry Schlesinger
Yesterday
Mystery buyer snaps up toehold stake in activist target Peet Ltd
Fund managers' eyes are trained on the listed residential developer and the smoke signals are flying.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
HomeBuilder drives 400pc surge in Qld land sales
Land sales in south-east Queensland surged 400 per cent in June, its strongest monthly result in five years albeit from a low base, as home buyers rushed to take advantage of the HomeBuilder scheme
- Nila Sweeney
'Demand from people escaping from the cities is ferocious'
COVID-19 refugees have put a rocket under a sleepy Byron Shire market that locals expected to recover only slowly from the pandemic.
- Michael Bleby
Former healthcare chief lists $11m Tamarama house
Chris Rex has joined a busy prestige marketplace in the eastern Sydney suburb with Pavilion House, a Walter Barda-designed home they bought three years ago.
- Lucy Macken
Optus chief lists her $7.5m Vaucluse house
The listing comes amid talk that recently appointed chief executive Kelly Bayer Rosmarin and her husband are planning to sell and trade up locally.
- Lucy Macken
Banks should lend more, say homebuilders
As economists slash previous forecasts for new housing construction, industry warns tight lending rules will hinder economic recovery.
- Michael Bleby
This Month
CBA's shrinking apartments loan book
For a clue on Australia's shrinking unit pipeline, look at the country's largest mortgage lender, which has cut loans on them by almost two-thirds since 2017.
- Michael Bleby
'Not an outright crash': Sydney pulls ahead as Melbourne shrinks
Auction results show Sydney booked a slightly higher clearance rate than last week's preliminary result, but lockdown lowered Melbourne's pool of listings.
- Nick Lenaghan and Michael Bleby
Investors trapped with apartments they can't sell
Unit prices have declined less than houses since the pandemic downturn hit but oversupply and falling demand is heaping pressure on investor-owners.
- Nila Sweeney
David Waterhouse doubles his money on Darling Point pad
The former art collector, options trader and long-estranged member of the famed horse racing family paid $2.5 million for the Sydney apartment two years ago.
- Lucy Macken
Former Woolies boss in $29m prestige home sale bonanza
Bill Wavish has sold his Palm Beach weekender and Kurraba Point trophy home within 24 hours as the number of luxury home listings in Sydney hit record lows.
- Lucy Macken
Real estate agency Kay & Burton settles claim by former employee
The prestige Melbourne firm settled the workplace claim, but its boss is fighting to prevent the release of documents about the matter.
- Michael Bleby
Vendors slash asking prices as uncertainty persists
Sydney and Melbourne sellers cut their asking prices amid a rapidly weakening market.
- Nila Sweeney
RMA Global taps Bell Potter for raising
Digital marketing business RMA Global was getting in front of funds on Thursday morning with a capital raising.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Car dealer sells Darling Point trophy home for $32m
Laurie Sutton's bullish sale is hoped to offer a much-needed confidence boost to prestige agents, who have been battling a reluctance to sell.
- Lucy Macken
Gold Coast, Brunswick build-to-rent projects ramp up sector
Two major developments have forged ahead as growth momentum gathers pace.
- Nila Sweeney
Pandemic worsens apartment construction slump
The economic uncertainty of COVID-19 will deepen and lengthen the downturn in new unit production in Melbourne and Sydney.
- Michael Bleby
Virus hits Lifestyle Communities where housing downturn didn't
The developer of affordable accommodation for downsizing Baby Boomers has failed to meet its settlement target for the first time.
- Michael Bleby
Atlassian boss linked to secret beach hideaway
After Mike Cannon-Brookes quietly visited the secluded shores of Pittwater’s Great Mackerel Beach by ferry, a beachfront home settled for $2.3 million.
- Lucy Macken
